Private Mortgage Loan
The bank said no? Get your financing in just a few days.
Refused renewal, 60-day notice, tax debt, damaged credit or income that’s hard to prove: a private lender looks mainly at the value of your property, not just your credit file.
- An answer within 24 to 48 hours
- Your property’s value is what counts
- A plan to get back to a bank rate
What is a private mortgage loan?
It’s financing from a private lender instead of a bank. It’s based on the value of your property, your available equity and your plan for what comes next. It’s a temporary solution that gives you time to sort things out, then move back to a traditional lender.
Situations where I can help
- Your renewal was refused: we put financing in place before your term ends, without panic.
- You have missed payments: a private lender looks at the equity in your home, not just your history.
- You received a 60-day notice: there’s still time. The sooner you call, the more solutions we have.
- Tax debt with CRA or Revenu Québec: use your home’s equity to pay it off and breathe again.
- Damaged credit, bankruptcy or consumer proposal: your credit history doesn’t close every door.
- Self-employed: income hard to prove? Your property’s value speaks for you.
- Need cash quickly: separation, estate, urgent renovations, a business project. Get the funds within days.
How much does it cost and how long does it take?
Here’s what to expect:
- Amount: up to about 75% of the property’s value, in 1st or 2nd rank
- Rate: starting at 7%
- Lender fee: starting at 1%
- Term: 6 to 12 months, often renewable
- Payments: often interest-only, can be repaid early
- Timeline: an answer within 24 to 48 hours, signing at the notary within a few days
Brokerage, appraisal and notary fees also apply. They are presented to you in writing before anything is signed.
How does it work?
- Free call: you tell me about your situation.
- Analysis: bank, alternative lender or private, I find the best door for you.
- Written offer: rate, fees, term and payments. Everything is clear before you sign.
- Signing and exit plan: at the notary, with a plan from day one to move back to a less expensive lender.
Everything is clear before you sign
I never steer you toward a private loan if a better option exists. If a bank, an alternative lender or a planned sale works better for you, I’ll tell you. All fees (lender, brokerage, appraisal, notary) are presented to you in writing before anything is signed.
Why trust me with your file?
- 30 years of experience, AMF-accredited, Equifax Certified Credit Professional
- Access to private lenders across Québec, plus alternative lenders and banks
- Service in English, French and Portuguese
- Fast answers, even for urgent files
What my clients say
Frequently asked questions
Can I get a private mortgage with bad credit?
Yes. A private lender relies mainly on the value of your property. Your credit matters, but it doesn’t close every door.
Is it fast?
Yes. Often an answer within 24 to 48 hours, and signing at the notary within a few days.
How long does the loan last?
Usually 6 to 12 months, enough time to stabilize your situation and move back to a less expensive lender.
Can I consolidate my debts?
Yes, if you have enough equity. One payment instead of several.
I received a 60-day notice. Is it still possible?
Yes. Call quickly: the sooner we start, the more solutions we have.
Do I have to sell my home?
Not necessarily. The whole point is to help you keep it.
Is it more expensive than a bank?
Rates start at 7%. It’s more than a bank, but it’s temporary, and we prepare your return to a better rate.
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Let’s talk about your situation today
One free, no-obligation call is enough to find out what’s possible.