Private Mortgage Broker Services

At MONEY SOLUTIONS INC we have access to a large number of private investors and lenders who have helped our clients with private mortgages. Let us help ease your financial stress by getting in touch with us right away, and we will be more than glad to professionally help you choose the best refinancing option available in the market! Call us to get a quick and easy consultation or apply by sending us an email and one of our staff will contact you promptly.

  • Fast Approval & Funding – Eliminate frustrating delays common with traditional banks. Our private mortgages ensure you get the capital you need when you need it.
  • Alternative Banking Option – Get the financial freedom you deserve with private mortgages. We offer financing solutions that open doors when your bank wont.
  • Flexible & Lenient Guidelines – Our private lenders are open to your unique circumstances. We make getting a mortgage loan much more smoother and attainable.
  • Customized Mortgage Solutions – We provide personalized mortgage terms. Get a mortgage that aligns with your unique needs and individual financial situation.
  • Short-Term Financial Relief – Overcome temporary financial challenges until you qualify for traditional financing. Our Bridge financing solutions can offer you swift support.

The concept is simple – If time is not on your side, and you cannot wait for a long approval process, or you cannot qualify for a regular mortgage from a bank or institutional lender, then a private lender may be the answer to your situation.

Get a Private Mortgage

    Private Mortgages As A Refinancing Alternative

    Private Mortgages can potentially become a great solution for homeowners who are looking for alternative financing options. Nowadays, most home mortgages are under a few major banks in Canada and most of them have a strict and long approval process. If you are a homeowner and are in need of funds for renovating your house or for personal expenses and are unable to get a mortgage from the banks, then you can borrow the amount of money through a private mortgages.


    So How Does A Private Mortgage Work?

    Whether you are a homeowner looking for a second mortgage or someone interested in buying a home but are unable to get a home loan from a bank, then you should look into getting a private mortgage. What is a private mortgage? A private mortgage is simply a mortgage which is given through investors other than banks. These investors or private lending bodies have more flexible lending processes which are not as stringent and long drown out as conventional banks. In most cases you will be able to get a private mortgage as long as you are a homeowner and there is equity in your home. The amount of loan amount you can get for a private mortgage will be based on the equity of your home.

    Do You Really Need A Private Mortgage?

    When you are looking for financing options, it is very important to make an informed decision about the right kind of loan which would be suitable for you. In order to decide whether or not you really need a private mortgage here are two important questions that you should ask yourself:

    Do I Have Home Equity?

    While this might seem a very obvious question, it is worth considering anyway. All homeowners who have a loan that is less than their home is worth have home equity. The equity is basically the value of the house after the loan amount is deducted from it. So if you are thinking of taking a second mortgage, an equity line of credit or a private mortgage, you need to be aware of the value of your home. Your home equity is therefore very important as this will be the one of the deciding factors of the mortgage amount that you can borrow.

    Am I Really in Need Of Funds?

    While home loans have been designed to ease your financial situation, it is always crucial to understand the urgency of your financial needs. Remember that while the loan amount will need to be repaid by you in smaller sums of money, this will still affect your monthly budget. Therefore, ensure that your financial needs are really important before you start deciding on the kind of loan that might be the best suitable for you. On the other hand if you require money urgently and are unable to get a bank loan due to a time factor or a bad credit score, then turning to a private loan could be the best option for you.

    How Private Lenders Fill the Gap Left by Major Banks

    A majority of the mortgages in ONTARIO are held either by the 4 major banks i.e. Royal Bank of ONTARIO (RBC), Scotia Bank, Toronto Dominion (TD) or Canadian Imperial Bank of Commerce (CIBC) or one of the leading financial institutions.

    Most Canadians have heard of Private mortgages but have little knowledge of what they are or how they work. Private mortgages can be an alternative source of financing for borrowers and are usually a high-return investment opportunity for investors. Most banks and institutional lenders typically need to satisfy strict lending criteria and are not willing to budge too far from the norm. As a result, they will shy away from such transactions. Private lenders on the other hand are willing to fund such transactions based on the equity and location of the home. Effectively they come in where the major banks or institutional lenders are not willing to go.

    Flexible Private Mortgage Solutions for Challenging Situations

    Income and Employment

    Need a mortgage but facing income challenges? We can help! Whether you have no income, require alternative employment verification, or are self-employed with limited documentation, our private mortgage options cater to your unique circumstances.

    • No Income
    • No Employment Verification
    • Self Employed Borrowers with Little Income Documentation
    • Unemployed

    Business and Self-Employment

    Running a business and need mortgage assistance? We understand the unique financial situations of self-employed individuals and businesses. Our private mortgage options cater to self-employed borrowers with limited documentation, no business financials, or even those starting a new business venture.

    • No Business Financials
    • Business for Self
    • Business Start-Up

    Credit Related

    Struggling with a less-than-perfect credit score? Don’t worry! Our private mortgage solutions are designed to assist individuals with no credit, poor credit, bruised credit, or even those who have gone through bankruptcy or consumer proposals. Your credit history doesn’t have to be a burden anymore.

    • No Minimum Credit Score
    • No Credit
    • Poor Credit
    • Bruised Credit
    • Current or Discharged Bankrupts
    • Clients in Consumer Proposals
    • Clients with Judgements or Collections

    Arrears and Financial Challenges

    Are tax or mortgage arrears causing stress and financial burden? Our private mortgage options are available for individuals facing tax arrears, mortgage payment challenges, CRA arrears, property tax arrears, or even those with eviction concerns. Let us help you get back on track.

    • Tax Arrears
    • Mortgage Arrears
    • CRA Arrears
    • Property Tax Arrears
    • Clients with Mortgage Arrears Facing Eviction/Have Been Evicted
    • Power of Sale/Foreclosure
    • Writ of Seizure
    • Liens

    Specific Financial Needs

    Looking for specialized financing solutions? Whether you need funds for debt consolidation, home renovations, university tuition, bridge financing, purchasing a second property, or dealing with power of sale/foreclosure situations, our private mortgages provide the flexibility and support you require.

    • Debt Consolidations
    • Renovations
    • University Tuition
    • Bridge Financing
    • Purchase a Second Property
    • Stop Power of Sales
    • Business Cash Infusion
    • Construction Financing
    • Commercial Financing when banks say “NO”
    • Overwhelmed by Debt

    Areas We Provide Private Mortgage Services