When I needed a financial consolidation loan, Jesse was great to work with. He managed to set me up with a new mortgage when my debt to income ratio was too high for the other banks to approve my mortgage needs. Jesse was very professional and friendly. He thoroughly explained everything to me. My new mortgage is working smoothly, thanks to him. I have already referred Jesse’s name to my sister in case she also needs financial help. Thank you again Jesse. You’ll be the first one I contact if I need help again.
JESSE BRUN
Mortgage IntelligenceLicense #10428
Mortgage Broker (NB)
Mortgage Agent Level 2 (ON)
Oakville Private Mortgage Lenders & Lending Guidelines
To attain private mortgage financing in Oakville the private mortgage lending is almost always done by using a mortgage agent. Private lenders in Oakville ON will typically provide short-term mortgage financing (1 to 2 years) to a person who has lots of equity in his/her home or commercial property. In most cases, Private lenders in Oakville ON will borrow up to 85% value of the property being used as collateral(mortgage will normally not exceed 85% value of the property). Private lenders prefer to finance 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 50 to 65% value of the property when financing outside of the city especially in rural areas.
The private lender puts more emphasis on the properties’ equity rather than looking at a person’s credit history etc. This is why Private financing is also known as equity lending. Getting Private mortgage financing can be very helpful and crucial in some situations. Private lenders in Oakville ON are often used to pay off judgements against property, pay off major collections, stop foreclosures or court settlements, develop commercial projects, etc. If you are looking for any kind of mortgage financing I will be happy to help you by answering any of your questions, analysing your situation and then providing you and explaining to you your best options. I’m here to help you and your business is important to me. Please do not hesitate 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
1(888)878-4660
Mortgage Specialist