Ontario Mortgage Broker · Licence M12001861
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Private mortgages & property equity

Short-term financing.
A clear way out.

Private lending can create options when timing, credit, income or a property does not fit a traditional lender. The decision should begin with net funds, total cost and a realistic exit—not a headline rate.

Private mortgage review
01How much is actually available?
02What is the complete term cost?
03What happens at maturity?

No rate, loan-to-value, fee or approval is guaranteed.

Where it may be considered

Real situations, not one-size-fits-all lending.

A private mortgage is generally a bridge to a defined next step. It should not hide a debt problem or postpone an unavoidable decision without a workable plan.

01

Time-sensitive financing

A purchase, closing or payout has a deadline that does not fit a traditional lender process.

02

Credit or income challenges

The property has equity, but recent credit, self-employed income or documentation needs a different review.

03

Debt consolidation

High-interest debts may be combined, with the trade-off of securing the new debt against a property.

04

Investment opportunity

Equity from one property may help fund another purchase, renovation or short-term investment strategy.

The true cost

Gross mortgage and net cash are different numbers.

A complete illustration should show every entered cost and the principal that remains due. Lower interest-only payments can improve short-term cash flow, but they normally do not reduce the balance.

Read the complete cost guide
Gross new mortgage$200,000
Illustrative lender fee− $4,000
Illustrative brokerage fee− $2,000
Legal, appraisal & other− $3,500
Illustrative net funds$190,500

Example only. Actual amounts require a specific lender commitment and written disclosure.

What gets reviewed

Equity matters. So does the plan.

01

Property

Location, type, condition, marketability and a supportable value.

02

Mortgage position

Existing first mortgage, HELOC, liens, taxes and requested new position.

03

Loan-to-value

Total secured debt compared with the current appraised property value.

04

Purpose

How the funds will be used and whether the amount solves the actual need.

05

Cost

Interest, lender, brokerage, legal, appraisal and administration amounts.

06

Exit

A feasible path to repay, sell or refinance before the private term ends.

Build the exit before the entrance

A private mortgage needs a date and a destination.

Possible outcomes can include refinancing to a bank or alternative lender, selling the property, completing a renovation, receiving known funds or repaying from another documented source.

TodayConfirm need, costs and funding conditions
Month 6Review income, credit, property and market changes
Month 9Begin refinance or sale preparation
MaturityRepay, refinance or follow the documented exit

Start with a transparent estimate

See the potential net funds before discussing the right lender.