Private Mortgage Lenders Toronto


Private mortgage lenders in Toronto are widely available to those who own a home and are looking for maximum flexibility when purchasing a home or taking out home equity.

Reasons for applying for a second mortgage may include but are not limited to:

  • Consolidating debt and improving credit.
  • Paying out tax arrears.
  • Investing in a business.
  • Helping out family members.
  • Adding a second mortgage, without affecting the lower rate first mortgage.

No matter the reason, there are 3 primary focuses when applying for a private mortgage in Toronto. 

  1. The application should be fast – to deposit funds in your account in as little as 3 business days.
  2. The rate and fees should be the most competitive – avoiding multiple layers of broker fees and other lender fees.
  3. There should be a good exit plan – the private mortgage is designed to be a temporary measure, not a long term solution.

With these points in mind, you will likely achieve the desired outcome and peace of mind today and in the long term.

Connect with Altrua Financial to discuss your specific needs and see how we can best help.