If any of these apply to your situation, Freedom Capital should be your go-to. Unlike traditional lenders, we practice alternative lending with unique mortgage solutions and swift approvals for borrowers.
Mortgages from banks and other financial institutions come with an extensive list of requirements to get approved. If you have a low credit score or an inadequate income it can be almost impossible to qualify for a bank’s mortgage. This is where private mortgage lenders for bad credit can help.
At Freedom Capital, our private financing experts are ready to fund your deals immediately, even if they are complex.
In the quest for financial recovery, the only thing that matters the most is fast and easy access to money. At Freedom Capital, private funding can be secured in a streamlined manner, making it easy for you to fund your individual and business activities.
Processing a bank mortgage application is generally a time-consuming activity. However, the application process for a private mortgage is seamless and easy. This makes private mortgage lending the better option. At Freedom Capital, we can get your mortgage approved in as little as 24 hours*.
Client had two revenue generating commercial properties that he needed to pull some equity for another investment property. The banks said no even though he had enough income personally and from the building itself due to lending restrictions on commercial properties. He reached out to our team and we were able to provide Mortgage approval within 2 business days.
We had a local mortgage broker reach out to us for our expertise in private financing. They had a family member need funds within 3 business days. We were able to obtain an approval within 24 hours and fund on time.
Client was looking for an equity take-out mortgage to renovate an investment property and increase rental income. Once completed and rental income is established, client will seek to consolidate the mortgage with her current financial institution and use the new higher rental income to help qualify.
Clients were looking for options for a mortgage on their rental property to invest in another property purchase. We were able to provide approval in less than 2 days and tap into their equity for maximum loan to value.
Clients were looking to consolidate all of their high interest revolving debts which was over $3,500 per month in payments. Clients had excellent income. Their first mortgage was coming up for maturity in six months, they wanted short-term financing until they could refinance.
Freedom Capital successfully placed a 2nd mortgage behind another private lender to assist a self-employed client consolidate outstanding debts due to Covid.
This client is a real estate developer and investor. He was able to obtain a parcel that is expected to turn from single family zoning to multi-family zoning in the next few years. The client was looking to purchase the property and put it for rent while undergoing the rezoning process. We help investors increase their net worth while seeing their vision of a bigger community. We were able to achieve high loan-to-value and get an approval within 3 business days.
Client was looking to purchase a property in another province. Their broker was only able to qualify them for a lower amount and client needed more funds for downpayment. We analyzed their assets and we were able to close within 4 days and ensure client wasn’t breach of contract.
We always look at the bigger picture and use our creative solutions to ensure you achieve your financial goals.
Our client had over 800 beacon credit score, and the banks still said no to his funding request! They were pre-approved for a purchase, but the bank decided not to proceed, with no reason given. They were coming up to closing the deal and needed help. Their realtor is a great referral source of Freedom Capital and knew we could help! Within days we were able to get an approval and save the client tons of money if they weren’t able to complete in court costs alone.
A family wanted to transfer the title from the mother to the son’s name. We are very familiar with this, as we often have similar cases where a family member is looking to be on or removed from title, etc. We made this transaction very easy for the client, and advised the client to have an agreement drawn up from the lawyers (to help with saving on closing costs). The lender accepted the agreement as it was mutually beneficial to all parties and arranged financing quickly.
Let us help you make sense of real estate ownership and how to manage it in case of family/ownership changes.
Freedom Capital being one of the largest national brokerages provide private financing in several cities and provinces in Canada. The list include:
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Disclosure : Applying for a mortgage does not guarantee approval for the mortgage. No Upfront fee is applicable for the mortgage however processing Fees may apply. APR can vary depending on mortgage amount.
