Loan option
Private Mortgage in the GTA
Private mortgages are funded by individuals, MICs (mortgage investment corporations), or private funds rather than chartered banks. They prioritize the equity in the property and a credible exit strategy, and they typically close much faster than traditional financing.
When homeowners use a private mortgage
- Time-sensitive closings or bridge financing
- Stopping power of sale or paying out arrears
- Funding a renovation that will increase the property's value
- Buying time to repair credit or restructure income before returning to an A-lender
How equity-based qualification works
Lending partners focus on the loan-to-value ratio, the property, and how you plan to pay the loan back or refinance it.
As a general Ontario rule, lending partners want the combined balance of every mortgage that will sit against the property — first, second, and so on — to land at roughly 75%–80% of the appraised value. We are a referral service, not a lender; final pricing and approval are determined by the licensed lending partner.
Private Mortgage by city in the GTA
Browse private mortgage options in your area. Each page reflects local housing context, but the underlying program is the same equity-based approach.
Other GTA & Ontario cities
Lending Options Across the GTA
Explore equity-based lending options by type and by city. We connect homeowners across the Greater Toronto Area with our network of licensed lending partners.