The private mortgage industry offers mortgage lending rates between 6% and 12%.
We aim to provide the most competitive rate possible, taking your individual needs and circumstances into consideration.
Private mortgages typically have 4 types of fees:
• Lender Fee 1% to 3%
• Broker Fee 1% to 3%
• Appraisal $500
• Legal $3,000
*Disclaimer - The rates & fees range provided indicates an "average" and is not complete nor exhaustive. The rates & fees range provided may be exceeded in the event that an individual risk profile exceeds the average risk profile. The quality of the real estate, level of indebtedness relative to the value of the property, as well as the difficulty of the loan will all heavily contribute to the determination of the interest rate and fees offered to the borrower."