Private Mortgage Lenders -The Angel Investors You’re Looking For!
The House Team in Belleville and Peterborough are specialists when it comes to obtaining private mortgage loans. With direct access to trusted private lenders in the area, we can work with you to find the mortgage solution that fits your needs!
With the housing market so high lately, it’s no wonder mortgages are becoming more difficult to obtain.
Thankfully, we have a solution! With a private mortgage loan, you can still obtain the funds you need in order to purchase your dream home - and fast!
Whether your credit is below the bank’s requirements or your income does not qualify with popular lenders, you still have another option - and a good one! Our private lenders offer all types of mortgages and can ensure that your plans don’t get put on hold!
What Is a Private Mortgage?
A private mortgage is a loan given to you by a private lender rather than a bank. In most cases, a private mortgage is used when a traditional mortgage is not applicable to the buyer. Private lenders are usually more flexible with your credit history and offer a quick and easy solution to obtaining your home - as long as you still qualify.
Who Can Benefit From A Private Mortgage?
- Borrowers with inadequate credit history
- Borrowers who are self employed
- Borrowers who have an unstable or unsteady income
- Non-residents
- Borrowers looking for a second mortgage
- Borrowers looking for emergency funding
- New immigrants
- Foreign Income
Benefits Of a Private Mortgage:
- Provide quick financing opportunities
- Provide short term loan options
- Are typically easier to qualify for
- Do not involve a stress test
- Can help consolidate your debt
- Provide bridge loaning opportunities
When Does a Private Mortgage Make Sense?
Although most new homebuyers typically go for a traditional mortgage with a bank, sometimes this is just not an option.
Private mortgage lenders actually look beyond your bad credit history and, instead, look at the property as an investment opportunity. In this case, they are more concerned with the return on their investment, rather than their upfront costs, which allows them to be more flexible.
If you have tried to obtain a mortgage through a traditional bank and came back without an approval, don’t be discouraged! Our private lenders are not only easier to qualify with, but they offer a variety of mortgages that will suit your specific purchasing needs.
Our Private Mortgage Lenders Cover:
- Construction Financing
- Second Mortgages
- First Mortgages
- Agricultural Mortgages
- Vacant Land mortgages
- Commercial Mortgages
- Short Term Lending
Poor credit or no credit doesn’t mean you can’t get a mortgage. We may have another option for you!
How To Get A Private Mortgage With The House Team
“Peter, Kenny, and Susan are the best. We tried two other brokerages before we found these wonderful people. We were being told no everywhere but they found us a great deal. We highly recommend mortgage intelligence in Belleville for all your mortgage needs.”
— Huebert Farnsworth
Obtaining a mortgage doesn't have to be stressful and overwhelming. With The House Team, WE find YOU the best lender for your specific needs and do our best to get you APPROVED!
If you have struggled with finding a mortgage that allows you to obtain your home ownership dreams, contact The House Team today! We’ll discuss your mortgage needs, present you with viable options and create a plan of action for getting you and your mortgage approved!
Give us a call today at 866-559-5016 or Fill In The Form Below!
