Private Mortgages
Flexible Solutions When Banks Say No
Sometimes, traditional banks just don’t fit your financial story. Whether you’re self-employed, facing credit challenges, or need fast funding for an investment property — a private mortgage can help you move forward when others say “no.”
Consider using Andrew Wade as your Mortgage Broker, as I specialize in private lending solutions that are fast, flexible, and built around your property’s equity — not your credit score.
Private mortgages are a short-term loan funded by private individuals or companies instead of banks or credit unions.
It’s an equity-based loan, meaning approval depends on the value of your property, not your income documentation or credit rating.
Private Mortgage Sources:
Private Investors
Individuals or family offices investing for stable returns
Mortgage Investment Corporations (MICs)
Professionally managed pools of investor funds offering mortgage financing
If your property has strong equity, you can often qualify for a private mortgage even if a traditional lender declines your application.
Why Choose a Private Mortgage?
Private mortgages are all about speed, flexibility, and opportunity.
Here are some of the most common scenarios where Andrew helps clients secure private financing:
Real Estate Investors
Need quick capital for a flip or BRRRR project?
Private lenders can fund purchases and renovations that banks won’t touch.
Self-Employed Borrowers
Tax-efficient income can make bank approvals tough.
Private lenders focus on your property value, not tax returns.
Stop Power of Sale or Foreclosure
If you’ve fallen behind on payments, private funding can help you catch up within days, avoiding legal action and protecting your home.
Damaged Credit or Bankruptcy
Life happens — credit issues don’t mean your options are over.
Private mortgages can bridge the gap while you rebuild your financial profile.
How Much Does a Private Mortgage Cost?
Private lenders take on higher risk, so the costs differ from traditional mortgages.
| Cost Component | Typical Range |
|---|---|
| Interest Rate | Higher than prime mortgage rates |
| Lender Fee | 1–3% of loan amount |
| Broker Fee | 1–3% of loan amount |
| Term | 6–24 months (short-term bridge) |
How the Private Mortgage Process Works
Private mortgage approvals are fast and straightforward — often completed within days.
Here’s what’s needed:
No lengthy paperwork. No endless bank reviews. Just practical, asset-based lending.
- Property Appraisal – Confirms market value
- Borrower Story – Explains your situation and repayment plan
First time buyer or refinancing? Call for a free quote!
First time buyer or refinancing? Call for a free quote!
First time buyer or refinancing? Call for a free quote!
