When applying for a mortgage you are likely to get the lowest interest rates if you can qualify for a traditional mortgage. That being said, there are times when a private mortgage makes a lot of sense. In some cases, getting a private mortgage today – even if your interest rates are a little higher… Continue reading When to Consider a Private Mortgage
Have you had trouble getting a traditional mortgage in the past? Perhaps because of this difficulty you thought to yourself that you might never become a homeowner. The good news is, that many Canadians can still qualify for a mortgage even if their bank or financial institution has turned them down. The solution for many… Continue reading Quick Facts About Private Mortgages
Many Canadians have pre-conceived notions about what a private mortgage is. They may think that it is a tool solely for those with damaged credit, or that it is something used by shady lenders to charge high interest rates. But for many, a private mortgage can be a lifesaver. While it is true, that not… Continue reading Is a private mortgage right for you?
