Private mortgage Loans

What is A Private Mortgage

A Private Mortgage Loan - the truest and fairest form of mortgage lending - focuses on the equity and marketability of your home for qualifying rather than a homeowners ability to qualify based on income and credit.

Sometimes, the nature of a clients' mortgage request and their individual circumstances are such that conventional lenders are not willing or prepared to consider your application, so we may require the use of a private mortgage.

Private mortgages or "hard money loans" as some people call it, can still be a viable solution for short term lending needs. A private mortgage is used as a bridge to create a short term solution while we work on getting you back to a position where you can once again be accepted by a conventional lender.

We provide access to private first and second mortgage solutions from a large pool of private mortgage lenders and mortgage investment corporations that allows us to create customized mortgage financing solutions for our clients.

Apply Online Now

When Would I Need a Private Mortgage?

Private First and Second mortgages are customizable and flexible - which lends itself to being a useful solution to solving many mortgage financing problems.

Repair Credit - Paying off judgements, collections or other debts
Consolidate High-Interest Debts into one lower payment with lower interest
Stop Foreclosure
Catch-up on Property Tax Arrears
Funding Home Renovations
Eliminate Revenue Canada Debt (CRA)
Invest in your business
Pay for Children's Education
Invest in a Vacation Home, Investment Real Estate
Keep your low-rate 1st mortgage - Access Equity with
Close Pre-Construction Purchase
Conventional Financing is not a solution

Speak To A Private Mortgage Loan Advisor (416) 908-2070

Why Use Home Equity Freedom for your Private Mortgage Financing?

We understand each homeowner's unique needs and pride ourselves on tailoring solutions. When it comes to Private 1st and 2nd Mortgages, the structure has to be as unique as each clients' needs.

We do not offer "Cookie Cutter" solutions, but work with our investor partners to craft a solution that ensures a successful transaction for both the investor and borrower.

Choose between interest-only payments or no payments at all. It's financing on your terms with private mortgage rates starting at 4.99%.

Our Private Mortgage Loan Approval Process!

Apply Online - Use our online application form to start your Home Equity Loan application. You can also reach out to one of our Home Equity Loan advisors for help with the application process.
Initial Review - During this phase we review your application and make a request for any documentation we need to verify.
Final Review - We package up your application and submit to a lender for approval. By leveraging our technology and lender relationships, we can usually have an approval back within 24 hours of this phase.
Receive Funding - Once we have the approval signed by you, a package will be sent to your lawyer for review. Once you and your lawyer are satisfied, funds will be deposited to your account.