Homeowners opt for private mortgage loans in North Vancouver for a variety of reasons. Most often, these individuals have been rejected by a traditional lender, like a bank.
If lenders reject your application because you demonstrate poor credit, no credit, or any other risk factor, you still have options. Whatever your situation, our mortgage brokers can search for a loan that matches your specific needs.
In the meantime, if you need to build credit until you can qualify with a bank, turn to Rala Investments. As area credit mortgage brokers, we use our wide network of lenders to offer unique loan options to residential or commercial property owners.
Don't let traditional institutions' restrictive policies concern you. Choose a private mortgage lender in North Vancouver as your solution.
We’ve mentioned that private mortgages are a great solution for homeowners with bad credit. They’re also ideal for buyers who need approvals on a faster timeline than traditional lenders offer. If you have a time-sensitive need for your mortgage loan, a private lender may be your best option.
With a private lender's assistance, you also enjoy greater payment flexibility. You can find out more about your options by speaking to a Rala Investments Ltd. mortgage broker.
If you are deemed “high risk” by a traditional lender, or have another reason to request a private loan, call our office today. We will happily discuss your options and eligibility for a private mortgage loan. Most commonly, we offer:
Whether you’re looking to purchase a new rental property or are in the business of flipping houses, you will most likely need financing to help you achieve your goals. This is where private mortgage lenders in Vancouver come in. Since investment mortgages are often deemed to be risky, a private lender may be your only option. Rala Investments Ltd. has years of experience working closely with individuals to get the best investment mortgage for their needs.
Not everyone has the proper payroll or tax documents necessary to obtain a traditional mortgage. We can utilize other criteria to see if you are qualified for a loan and get you the financing you need, even without years of tax documents.
Bad credit mortgages
If you have bad credit you may not have had much luck with mortgage lenders in Vancouver. We understand that numbers don’t always tell the whole story. If you’ve struggled with obtaining a mortgage due to poor credit, turn to Rala Investments Ltd. We will work with you one-on-one to help you obtain a mortgage and start rebuilding your credit.
It is possible to get a good mortgage with a good rate from private mortgage lenders in Vancouver if you are self-employed. Some lenders tend to shy away from self-employed mortgages, possibly because they are worried about your ability to maintain monthly payments or don’t want to manage the extra paperwork involved. At Rala Investments Ltd., we don’t hesitate about working with self-employed individuals.
First, second, or third mortgages
There are many reasons people decide to obtain a second or third mortgage from private mortgage lenders in Vancouver. From home improvement or tuition to medical bills and debt consolidation, second or third mortgages can be incredibly helpful in times of need.
To discuss your options, simply call us at 604-732-5865. You can also send us a message via our online request form. Either way, we’ll work quickly to offer you a real mortgage solution today.
Rala Investments Ltd
1200 Lynn Valley Road Suite #301
North Vancouver, BC, V7J 2A2
Monday – Friday: 9:00 AM - 5:00 PM
North Vancouver mortgage broker proudly providing a variety of mortgages, loans, and other financial assistance to the following areas in the Lower Mainland:
North Vancouver | West Vancouver | Vancouver | Burnaby | Langley | Coquitlam | Delta | Surrey | Richmond | New Westminster | Port Moody | Maple Ridge | Abbotsford | Cloverdale