Advantages of Private Mortgages

Written By Todd Hunter

Faster Approval Process: Private mortgages typically offer a much quicker approval timeline compared to traditional lenders, making them ideal for time-sensitive situations.

No Stress Test Requirements: Borrowers can often bypass the strict stress test rules required by banks.

Debt Consolidation Options: Use a private mortgage to consolidate high-interest debts into one manageable payment.

Funding for Construction or Renovations: Ideal for projects that may not meet conventional lending criteria.

Flexible Short-Term and Bridge Financing: Great for temporary financing needs, such as between home purchases or during transitions.

Call TODAY for more information and insight into private mortgages!

#mortgages #realestate #privatemortgages #privatelending

Todd Hunter

Mortgage Agent, Level 2

License No. M22000871

Direct: (416) 270-7962

Todd Hunter
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What Should You Consider Before Applying for a Private Mortgage?