Private mortgage lenders in Ontario provide essential assistance for individuals with high debt
Getting you the mortgage you deserve
It’s no secret that most traditional lenders want applicants who are as close to “perfect” as possible. However, many Canadians fall outside that small area. If you have poor credit, high debt, have gone through bankruptcy, or are getting a divorce, you know just how hard it can be to find the financing you need. The good news is that private mortgage lenders in Ontario can help.
Private mortgages are similar to conventional loans, but they’re also different. They’re offered by private lenders, not big banks. Because of their nature, these loans usually come with higher interest rates as well, which means that they should be kept as short as possible. At Mortgage Captain, we can show you how to apply with private mortgage lenders in Ontario, rebuild your financial situation, and then pay off the loan and find lower rates with another lender.
There are quite a few reasons that you might need to consider private mortgage lenders in Ontario. As mentioned, if you have poor credit or a high debt load, these loans can help. You’ll also find that obtaining a private mortgage can allow you to put a halt to foreclosure proceedings, to pay down back taxes and to consolidate debt and make it easier to manage.
At Mortgage Captain, we have worked with clients just like you for many years. We can help you connect with private mortgage lenders in Ontario, obtain the loan you need, pay it off, and then build your credit and apply for a loan with lower rates. Call us today at 844-254-4376 for more information.