PRIVATE MORTGAGES: A FLEXIBLE FINANCING OPTION FOR HOMEBUYERS WHO NEED IT

For homebuyers in Collingwood, Simcoe County and the GTA, traditional mortgage options may not always be the best fit or even possible. That's where private mortgages come into play. Private mortgages offer flexible and tailored solutions, particularly in challenging financial situations. They are a short term option to getting you into a more traditional mortgage at the end of your term.

1. What are Private Mortgages?

Private mortgages, also known as alternative or non-institutional mortgages, are offered by private lenders instead of traditional financial institutions. These lenders are typically individuals or private companies who provide loans based on the value of the property(equity lending) and the borrower's unique circumstances. These are generally short-term (6 months to 2 years) with a solid exit strategy planned from the outset.

2. Flexibility and Tailored Solutions

One of the key advantages of private mortgages is their flexibility and ability to offer tailored solutions. Private lenders assess loan applications based on the property's value and the borrower's situation, allowing for more personalized financing options. 

3: Rocky’s Mortgages: Your Guide to Private Mortgages

When it comes to securing private mortgages in Toronto, Collingwood, Niagara or Simcoe County, Rocky’s Mortgages is your trusted partner. Our team of experts has extensive experience working with private lenders and understanding their requirements. We can help you navigate the private mortgage landscape, ensuring you find the right financing solution that suits your needs.

Private mortgages offer flexibility and tailored financing solutions for homebuyers in Collingwood, Toronto, Simcoe County and Southwestern Ontario, especially in challenging financial situations. If you're looking for a financing option that goes beyond traditional mortgages, Rocky’s Mortgages is here to help. With our expertise and access to private lenders, we can guide you through the private mortgage process and find the right solution for your unique needs. 

Reach out to Rocky’s Mortgages today and take the first step towards securing your dream home with a private mortgage.  Call (416) 456 8318 or (705) 994 3300. Email – michael.rothfeld@adamasfinancial.ca.