Interest Rates

Posted Rate Term Our Rates
6.00% 5 YR VARIABLE CLOSED 5.00%
6.39% 5 YEAR FIXED CLOSED 5.39%
6.54% 1 YEAR FIXED CLOSED 5.54%
5.99% 2 YEAR FIXED CLOSED 5.54%
5.99% 3 YEAR FIXED CLOSED 5.59%
5.89% 4 YEAR FIXED CLOSED 5.44%
5.89% 7 YEAR FIXED CLOSED 5.29%
6.50% 10 YEAR FIXED CLOSED 6.00%

*rates are subject to change without notice

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Private Loans

Access to private lenders

Whether you are trying to finance your small business, your first home or a commercial property, seeking private loans from private lenders may be an alternative worth considering.

Private lenders are increasingly becoming more popular than seeking private loans from standard lending institutions such as banks and financial companies. The reason for this trend is due to private lender's engagement in higher risk ventures, that banks refuse to finance. Private lenders will not only fund projects the banks rejects, they will also creatively structure loan repayment that are sometimes helpful. This flexibility for repayment is very important especially when you don't have enough liquid capital all at once.

Private lenders offer a short-term solution to a lack of liquid capital, and therefore base the private loan on the equity of your property rather than your credit score. However, it is important to note that the private loans are generally interest-only loans, with higher interest rates, but tend to be lower than credit card payments.

As a mortgage broker, I can help you find private lenders that can help you obtain private loans.

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