Brampton Mortgage Broker – Rumy Gill

Commercial & Residential Mortgages. “Ready To Fund!”

Brampton Mortgage Broker - Rumy Gill

Private Mortgage Brampton can Help you with all Financing Situations

Second Mortgage Brampton

Rumy Gill - Mortgage Broker

Private Mortgage: Use the Power of Equity to Get Approved

A Private Mortgage can add many benefits for Home Owners, who can not qualify with the Banks for a Mortgage.
Whether you are looking to Buy a Home, a Mortgage Refinance, Access Home Equity, Stop a Power of Sale, Consolidate Debt, or Need Emergency Money fast, a Private Mortgage can Help give you a short term relieve.
Let a 5 Star Mortgage Broker, Rumy Gill, help navigate you through the process of getting your Private Mortgage Approved. Clients Trust Rumy Gill to Help find them the Best Mortgage when it comes to their Mortgage Refinance, and you should too!

Why a Private Mortgage makes Sense?

Unlike the Banks, Brampton Mortgage Broker – Rumy Gill works with Private Mortgage Lenders who are more flexible and will make a Mortgage Approval decision based on the Subject Property, the Amount of Equity in the Property and Marketability of the Property. Thus making it very easy to get Approved for you a Private Mortgage.

Looking for a Private Mortgage?

Speak to mortgage broker about the most affordable option given your credit score income and property
Usually, a private mortgage is an interest only loan. Keep in mind however, that private lenders take bigger risks and must therefore usually charge higher interest rates to compensate for those risks. Since you will not want to have to pay those higher rates for too long a time period, it is best to consider a private mortgage as a short-term solution and have a plan to build up you credit over the next few years so that you can transition to a mortgage from a conventional lender.

A Private Mortgage can help solve your Credit and Income Problems:

Private Mortgage Payments Can Save you Money and Free Up Cash Flow!

Consolidate Debt!
Pay off High-Interest Debt!
Increase your Credit Score Rating!

Why you should choose Private Mortgage in Brampton?

Private lenders can provide a good solution for those unable to obtain a loan through a bank or another traditional lender. Usually, private mortgages do not require as much documentation and the approval process is more flexible. In order to qualify, you usually only require either a large enough down payment or sufficient equity in your home

All you Have to do is Apply!

We Work with All Income and Credit Situations! Approvals on Home Equity are Available.
Here are the Benefits of Working with Rumy Gill a Brampton Mortgage Broker for your Private Mortgage;

Frequently Asked Questions

A Private Mortgage is a type of mortgage loan whereby funds can be sourced from another person or business rather than borrowing from a bank or other finance provider. Private means that the mortgage is not from a licensed mortgage broker or issuer. A private mortgage is a mortgage that’s not issued by a bank.
A good idea for all types of Private Mortgage Lenders is to secure the lender's interest when backing a private loan. If the property does not have a properly filed lien against it by the lender, then other creditors can then pursue the home or pressure the borrower to borrow against the loan's value to pay them back.
Private money lenders can come in many forms. Hard money loans are good for both short-term fix-and-flip investors as well as long-term. Private lenders also charge lender fees, known as “points,” between 1% – 10%.
Private Money Lenders must comply with Provincial and Federal laws. If they are not following the rules they can be charged with large fines and even face jail time in extreme cases. But Private Lending is legal, it is always best to check with a Real Estate Lawyer about legal issues regarding Private Money Lenders.