Equity-based lending options in Hamilton

Why Hamilton homeowners look at private lending

Hamilton's price growth has expanded equity for many homeowners across the mountain and lower city.

Whether you've been turned down at the bank, you're self-employed, or you need to move quickly on a closing, equity is usually the most important factor. Most lending partners look for the combined balance of every mortgage that will sit on the property to land at roughly 75%–80% of the appraised value.

Common scenarios in Hamilton

• Refinancing a mortgage the bank won't renew
• Consolidating high-interest credit-card debt against home equity
• Stopping power of sale and reinstating a mortgage
• Bridging the gap between selling one home and closing another
• Funding a renovation that will increase the property's value

Future Lending Group is a referral service, not a lender or a licensed mortgage brokerage. Inquiries are referred to licensed lending partners. Rates and approvals are determined by the lender.