We follow common sense guidelines and decisions are controlled directly by our founder Zoltan Padar, a Broker and Investor for over two decades. Additionally, we have Private Individual Investors funding difficult mortgages, Brokered by MortgagePRO Ltd.
- Credit – We have no minimum credit requirements.
- Capital – We can lend up to 85% LTV. (some cases up to 90%)
- Collateral – The property must be marketable, location acceptable. (some rural OK)
- Capacity – The client must show affordability. We may implement an interest reserve or reduced LTV.
- Conditions/Exit – The new mortgage must improve the client’s financial well-being. Additionally, the exit must be reasonable and ideally within 1-2 years.
Our many years of experience in the private lending industry well qualified Us to help our Broker Friends to show the best way how to submit a deal to a Private Lender!