We are happy to say our re-financing has been completed.
Chris and I wanted to thank you very much for all your wonderful help with this. Your help, advice, professionalism and thoroughness were incredible. This was from the first time we spoke to you, right up until the end. At no time through out the process did we at all feel anxious as you advised us what to expect and when to expect it. It was and is very much appreciated.
Jesse, we cannot thank you enough and please know that we would not hesitate to recommend you and your wonderful service to anyone.
Thanks again for everything,
Kind Regards
Burlington home private loans are for those times in life where you are thrown a curve ball and the traditional financial institutions will not help you. Home private loans in Burlington ON are traditionally registered for up to 75% of the value of your home with exceptions to 85%. The mortgage contract for a home private loan in Burlington ON is usually for a few years only. An exit strategy for paying off that private loan is determined in the beginning before proceeding.
Private lenders in Burlington ON prefer to do private loans for properties which are located within city limits however they will borrow in small towns or rural areas outside of The Greater Burlington Area but they may only lend up to 65% value of the property when financing outside of the city especially in rural areas. Private loans in Burlington can range anywhere from $30,000 to $10 million because many private loans are being used for big commercial projects.
The private lender puts more emphasis on the properties’ equity instead of looking at a person’s credit history etc. This is why private loans are also known as equity loans. Getting a private loan can be very helpful and crucial in some situations. Private loans are often used to pay off judgements against property, stop foreclosures, pay off major collections or court settlements, finance commercial projects, land development, etc.
The terms involved vary depending on the risk however generally speaking the annual interest rates on Burlington private mortgage loans typically range from 10-15%. Any cost involved with the private loan is disclosed before you commit and it is always my prerogative to mitigate or cap all costs into the private loan.
Whether you are in Burlington, in the surrounding area, or any other location in Ontario, and you are looking for a solution to your mortgage situation please feel free to contact me anytime at 1(888)878-4660 or email me at homeloans@jessebrun.com. Thank you very much and best regards to you!!
Sincerely,
Jesse
Mortgage Specialist
1(888)878-4660
homeloans@jessebrun.com