Take Control of Your Finances with Private Lender Inc.
With historically low interest rates set by the Bank of Canada and a strong housing market nationwide, now is the perfect time to consolidate your high-interest debt into one manageable monthly payment. Why let high-interest rates eat away at your hard-earned money? At Private Lender Inc., we can help you become debt-free and keep more […]
Switching your mortgage: Is it right for you?
When your mortgage term comes to an end, you may be faced with the question: should I stay with my current lender, or should I explore other options? This decision is often referred to as a “switch,” and understanding what it entails can help you make the best choice for your financial future. What is […]
Private Mortgage Lenders in Canada Part 4
Private Mortgage Lenders in BC If you live in British Columbia, you know that housing prices are higher than they have ever been. Combined with the CMHC insurance increasing the minimum credit score to 680 and the Bank of Canada increasing prime rates, getting a mortgage can be extremely difficult right now. That being said, people still […]
Private Mortgage Lenders in Canada Part 1
Mortgage knowledge is priceless! Are you looking for a mortgage but have issues qualifying with a traditional lender? Are you just looking for an alternative lender to the banks? That is what private mortgage lenders, also known as non-bank lenders, are for. They provide an alternative to the banks to help you get into a […]
About Private Lenders Part 1
Individuals seeking loans in Canada use private lenders to avoid traditional lenders’ lengthy and strict approval processes. You have come to the right place if you’re looking for Canada’s most reputable private mortgage lender. Even though private lenders in Canada are the perfect alternative to traditional lenders, you should know several things to avoid making […]
Alternative private mortgage financing!
Alternative private mortgage financing! When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to remember that there is always an alternative! If you’re seeking a mortgage, but your credit score is damaged in some way and big institutions won’t lend you […]
Second mortgages to pay out bankruptcy or consumer proposal!
Fixing Your credit should be a priority! For some of us, pandemic related loss of income, or health matter was the tipping point to bankruptcy. While a bankruptcy or consumer proposal may have released you from some debt obligations, if that income is not readily replaced, or health has not yet improved, you find yourself […]
Advantages of refinancing your mortgage are plenty!
Should I Refinance My Mortgage? I think we can safely say that 2020 has been a strange year. A year of lockdowns due to a pandemic, financial support from the government, and the lowest interest rates in recent history. This has led to a rise in the number of homeowners who are considering refinancing their […]