I want a loan
Your success is our commitment!
Why use a private lender? Have you been turned down by the bank, want to buy quickly or need temporary liquidity? Contact us immediately.
The 6 advantages of a financial loan from us
Loans approved within 24 to 48 hours
Fast and personalized service
1st analysis without credit score check and guarantee on the property only if you have a good record
Professional support from purchase to complete renovation
Refundable at any time, with no hidden fees or penalties
Payment of capital at the end of the optimization project or at the time of the sale of the property
The steps
Your success is our commitment!
Flips: houses, buildings, condos
- Buildings that are transformed into condos since financing is more complex with conventional lenders.
Building optimization by increasing revenues and decreasing expenses that can be done within 12 to 18 months and then financed with a conventional lender at its full financial potential.
Buildings for business owners to obtain liquidity in their working capital.
Advance 60 days notice
All of Montreal Island
All of Laval
North and South Shores of Montreal
Quebec City and surrounding areas
Drummondville
Trois-Rivières
Gatineau
Sherbrooke
Granby
Owner, occupied or not
Minimum 650 credit score
3% administration fee on loan approval
Between 12% and 18% interest
Monthly interest only
Payment of capital at the end of the optimization project or at the time of the sale of the property
Loan to market value ratio
* Considering all other loans on the property
Apartment buildings | maximum 75%
Houses and/or condominiums | maximum 75%
- Commercial properties | maximum 65%
Minimum | $50 000
According to the promptness of the notary
12-month term refundable at any time, without penalty
Revolving loan
Is a private lender expensive?
YES AND NO!
YES, because the interest rate may seem impressive.
NO, because you need to take into consideration the short duration of the loan to calculate the absolute value of the interest amount.
The primary goal is to acquire the property and then refinance it on a short-term basis through a conventional lender. When you look at it in a short-term context, the private lender is not expensive. Do not let go of any opportunity just because of a financing issue.
Better to catch the bargain with a private lender than to miss out!
You have a real estate project?
If you are ready to move forward, we can offer you solutions thanks to our extensive network, as well as turn key services!