Equity-based lending options in Scarborough

Why Scarborough homeowners look at private lending

Scarborough's detached and semi-detached housing stock has appreciated meaningfully over the last decade, leaving many long-time owners with strong equity even when household income has stayed flat.

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 Scarborough

• 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.