While bad credit often prompts individuals to consider private mortgages, other circumstances warrant such financing. Self-employed individuals or newcomers to Canada may find it challenging to prove income, making private mortgages an appealing option. Private lenders typically consider more variables than traditional lenders, simplifying the mortgage acquisition process.
Seeking out a private lender independently carries risks, including potential scams. Mortgage brokers, however, vet lenders, ensuring credibility and reputation within the industry. Additionally, brokers negotiate competitive interest rates and draft agreements to safeguard both borrower and lender interests.
With years of experience serving Oakville residents, Money Frog Capital specializes in tailoring mortgage solutions, including private mortgages. We collaborate with top-tier private lenders, guaranteeing favorable terms. Count on our unparalleled customer service to guide you through the process, providing clarity and addressing queries.
