From the BlogBlog RSS Feed
Testimonials
With Jesse's services and expertise, I'm now able to complete 2 to 3 times more projects per year without any headaches. The financing is simple and quick. I'll never use the banks again. I just wish I had started using Jesse's services 10 years ago.
Marc
Brampton ON

JESSE BRUN

Mortgage Intelligence
License #10428
Mortgage Broker (NB)
Mortgage Agent Level 2 (ON)
Top Canadian Mortgage Team Award
Apply Now!

Home Private Loans Oakville

Oakville 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 Oakville 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 Oakville 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 Oakville 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 Oakville 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 Oakville 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 Oakville 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 Oakville, 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

SIGN UP FOR OUR NEWSLETTER, PROMOTIONS & UPDATES

© Copyright 2024 - Jesse Brun - All rights reserved. | Privacy Policy
Brokerage: Mortgage Intelligence Inc.
toll-free: 1 (888) 878-4660
homeloans@jessebrun.com
77 City Centre Dr, Mississauga, ON L5B 1M5
200 Champlain St. Dieppe, New Brunswick E1A 1P1
*Award is for 2016-2017 Top Canadian Mortgage Team within Mortgage Intelligence organisation. Award is given by Mortgage Intelligence and for Top Canadian Mortgage Team within Mortgage Intelligence Company / Organization. Award category is "Team with 20 mortgage brokers / agents or less."