Canadian Private Mortgage Lenders
About Us
Mission
The Canadian Private Mortgage is a marketplace that connects you with private mortgage lenders vetted and licensed across four provinces in Canada. This gives you access to a large variety of financing options from leading private lenders across the country.
Vision
Easy access to trusted and licensed private mortgage lenders for borrowers across Canada and worldwide.
FEATURED
Recover from Tax Arrears for Self-Employed Worker
A self-employed construction worker injured his foot while working and was unable to work for one year due to the injury. With the reduced income, while recovering from the injury, he needed a solution that will pay off his personal debts and tax arrears completely. He needed a solution from alternative lenders who will lend him a loan based on the equity in the house so can pay off the personal debts and tax arrears until he is fully recovered and back to full his previous level of income as a self-employed construction worker.
Recently Divorced And A Significant Credit Card Debt
A recently divorced couple was looking to refinance to pay out all of their mounting debts, including an existing first and second mortgage and significant credit card debt.
After meeting various bank representatives to no avail, the couple found their solution from one of the lenders of the Canadian Private Mortgage marketplace.
This couple was able to proceed with their divorce resolution amicably and the wife will assume ownership of the property with the mounting debts paid off and come out with a better cash flow.
Purchase a Single Family Bungalow & Partial Conversion to Become a Day Care Centre
The husband works as a self-employed contractor and his wife has been running a home-based daycare business. They needed funding to purchase the house and set aside some renovation budget to rework the interior of their new home. But, their existing lender backed out on the closing day. This couple was left scrambling to find an alternative lender to close the deal.
Failing Consumer Proposal And Job Loss Due To COVID-19
A homeowner was hit by COVID-19 and unfortunately lost his employment. Meanwhile, he has an ongoing Consumer Proposal to be paid off while he tries to recover his health.
Self Employed Equity Take Out To Consolidate Debts
Many traditional banks declined to extend a mortgage loan to him because he has maxed out his debt-to-income ratio. He needed a solution from alternative lenders who will lend him a loan based on the equity in the house so can pay off the high-interest debts and reenergize his business to generate more income.