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Private Lender vs Institutional Lender
I often get asked if using a private lender is a wise choice. Before I answer that question, let’s first compare a private mortgage with an traditional mortgage. It is important to understand the...
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Private Mortgage Investors or Loan Sharks?
Not too long ago getting approved for a mortgage was a piece of cake. Lenders have since tightened their lending restrictions. For some borrowers getting approved is harder than navigating a minefield,...
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2 Bad Habits by Private Mortgage Lenders – And How You Can Avoid Them
Private mortgage lenders can be a very useful resource for difficult situations requiring short-term financing. Their flexibility in difficult situations compared to traditional banks gives them...
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Top 4 Advantages of Private Home Mortgage Lenders
Is the Canadian Government doing a good job of encouraging institutional banks to make mortgages accessible to all citizens? For some the answer is no. Today we look at a home loan / equity lender...
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