Private mortgage lenders are an alternative funding source usually for borrowers who cannot get traditional loans. Common reasons a borrower may use a private mortgage lender are: 1. Poor credit – Private lenders are more flexible than traditional lenders and willing to work with borrowers who have a lower credit score or a history of missed payments. 2. Self-employed or have irregular income – Private lenders can be more understanding as their screening uses criteria like the potential value of the property. 3. People looking for a short-term loan – Since private lenders offer short repayment periods, it makes them a good option for people who are waiting for other funds to come in, such as a bonus, inheritance or proceeds of a house flip. If you have any questions or think that a private mortgage is a good solution for you, reach out to me your Mortgage Alliance Professional for more details. #MortgageAlliance #PrivateMortgages #MortgageBrokers Contact us ☎️647.453.7969 📩svazhavilla@mortgagealliance.com First time Home Buyers / Commercial / Rent to Own Program / Mortgage Renewal / Refinancing / Home Equity Line of Credit / Debt Consolidation / Second Mortgage / Preapproval / Bad / Low Credit / Self Employed /Construction Loan / 1st, or 2nd Mortgage / Home equity loans / Business loans / small business franchises / ******** Truck and equipment financing etc ******* #GTA #Scarborough #NorthYork #Toronto #Scarborough #Ajax #Oshawa #Pickering #Whitby#dreamhome #home #firsttimehomebuyers #firsttime #privatemortgages #homebuyer #mortgage #mortgageexpert #mortgageadvisor #LowestInterestRates #debtconsolidation How much can you afford? Check with our affordability calculator. https://www.mortgagealliance.com/en/SunilVazhavilla/affordability-calculator/ Apply online : https://www.mortgagealliance.com/en/SunilVazhavilla/apply-online/ Ask me for information on home and auto insurance Contact me @ 647.453.7969 for a free consultation. LIC # M12000954 AKAL Mortgages - FSCO Lic. # 10845 Independently owned and operated