Private Mortgage Lender in Brantford – Second Mortgages
A private second mortgage lender in Brantford, Ontario can help if you have already been turned been turned down for a second mortgage or loan by the major Canadian banks, our company may still be able to help you get the funds that you require. We will look at your total financial situation to fully assess if a private mortgage financing fits your needs.
Reasons for a Private Mortgage
Some reasons for obtaining private mortgage loans are: debt consolidation, home renovation, recent job loss, divorce, recent illness and many others. Due to some of these factors the borrower may not be able to take a loan or mortgage on their property from Canadian banks or other financial institutions. Our job is to get you the loans you require, we can arrange your loan even if you do not have a great credit score.
Faster Transaction
Many of you have already spent hours and hours traveling to the banks and on phone conversations. You have filled out numerous forms and provided everything the banks asked for and you still do not have the loan, this process could take months. Our private mortgage agreement form makes our company one of the fastest private mortgage lenders in Brantford. Compared to ordeal you have already gone through with the banks this is easy private mortgage money to acquire.
We are based in Ontario and a have a tremendous amount of knowledge regarding the local real estate market within your town or city in Ontario. We probably have already arranged a private second mortgage or private mortgage funding in your local area; we cover all of northern Ontario as well as southern Ontario.
Investors
What are private mortgage investors looking for when they provide you with a private mortgage investment? They look at your credit score, job situation but for private second mortgages the equity in your home is the key factor in private money lending.
Private Mortgage Lender Brantford Information
Population and Dwelling Counts
Population in 2001 86,417
Population in 1996 84,764
1996 to 2001 population change (%) 2.0
Total private dwellings 34,881
Population density per square kilometre 1,207.6
Land area (square km) 71.56
Earnings in 2000
All persons with earnings (counts) 46,075
Average earnings (all persons with earnings ($) 29,722
Worked full year, full time (counts) 26,315
Average earnings (worked full year, full time ($) 39,648
Income in 2000
Persons 15 years of age and over with income 64,940
Median total income of persons 15 years of age and over ($) 21,928
Composition of total income (100%) 100.0
Earnings – % of income 76.2
Government transfers – % of income 13.4
Other money – % of income 10.4