Private Lenders
| Agents Available Now | Call us Now |
| jason@wodlinger.com | 416.899.2750 |
- What is Private Lender?
- How Can a Private Lender Help?
- What is an Exit Strategy
- What are the costs of a Private Mortgage
- What are the Risks of a Private Mortgage?
- How can a Mortgage Agent help?
What is a Private Lender?
- Group of investors pooling money to loan out
- One individual who loans money out
- Private Lenders don’t operate in the same fashion as standard banks
- Practises are not subject to the same regulations as standard banks
- Terms are 3 to 6 months up to 1 year
- Mortgages are interest only (no principle paid down)
- Mortgage rates are much higher vs conventional banks
- Extra fees are charged
How can Private Lenders Help?
- Less scrutiny of financial profile
- Lower credit scores accepted
- Lower income accepted
- No TDS or Stress test required
- Mortgage Arrears accepted
- Power of Sale situations accepted
- Minimal documentation required
- Funding can be as fast as 3 days
- Rural locations accepted
What is an Exit Strategy
- It is critical to have an exit strategy.
- To Pay out an existing Private Lender contact our Agents for solutions.
- Most Private Mortgages are 1 year terms or less. Not having an exit strategy could incur very high renewal fees.
- Exist strategies may include:
- move to conventional mortgage with conventional lender
- renegotiate with current Private Lender before term ends
- sell property
- Early termination may incur administration fees.
- Your Mortgage Agent should suggest exist strategies BEFORE you begin a Private Mortgage.
What are the costs of a Private Mortgage
- Private Mortgage Costs may include:
- Lender fees – this is separatet from the Lender mortgage interest rate
- Lender appraiser fee – the cost to review the appraisal
- Lender Admin fees – set up costs for your mortgage account
- Lender legal fees – separate from your own lawyer’s legal fees
- Brokerage fees – paid to Mortgage Agent Brokerage
- Appraisal – for appraisal to be done
- Your lawyer’s legal fees
- Early termination may incur administration fees
- Your Mortgage Agent should disclose all individual fees BEFORE you agree to the Private Mortgage
| Agents Available Now | Call us Now |
| jason@wodlinger.com | 416.899.2750 |
Risks of a Private Mortgage
- No exist strategy at end of term.
- House value falls at end of term – no ability to renew with any other Lender
- In ability to afford monthly payments due to high interest rates
- Principle does not decline at the end of the term (interest only mortgage)
- In ability to access other loans with property after private mortgage begins
- Current Private Lender may choose not to renew requiring you to find a new Private Lender
How our Mortgage Agents can Help
- Note Private Mortgage risks and benefits
- Find lowest private mortgage rates for your financial profile
- Negotiate with Private Lenders for the best terms
- Present multiple Lender offers from which you can choose
- Estimate max loan, rate and payments
- Explain your situation to Private Lenders
- Find Lenders for rural locations
- Find Lenders for lower income or bruised credit Borrowers
- Find Lenders to stop a Power of Sale
| Power of Sale | Foreclosure | Refinancing |
| Second Mortgage | Payout POS | Alt Lenders |
Private Mortgage
Next Steps
- Our Agents will review your situation and advise on risks of a Private Mortgage
- We calculate your home equity to understand how much can be accessed.
- We explain the risks and benefits
- We collect documents from Borrower
- Funds can flow as fast as 3 days
| Agents Available Now | Call us Now |
|---|---|
| jason@wodlinger.com | 416.899.2750 |
Get Pre-Qualified Now
We’ll compare your profile against
our top lenders’ requirements.
Begin here
We will never sell or share your data with any third party. Only employees of JWM will contact you to see if we can help.
Our Solutions
Mortgage Rates
(assumes credit score >600)
| Term | Mortgage Rate |
| 2 year term | 4.24% |
| 3 year term | 3.79% |
| 4 year term | 3.94% |
| 5 year term | 3.99% |
| Variable Rates | 3.54% |
| 1 year term | Our Private Lenders offer short terms |
| credit score <600 | Our Lenders can help with bruised credit. |
updated January 19, 2026
Understanding the
Pre-Qualifying Process
- Pre-qualifying ensures we respect your time. If there is a high probability (no guarantees) to solve your situation we’ll tell you right away. If we can’t help at least we’ve saved you some time.
- Our system compares your information vs our top Lender’s requirements.
- Pre-qualified means your file will be prioritized ahead of any other client who has not been pre-qualified.
- Funds can be received faster when one is pre-qualified.
- It is critical that debt load is under 75% – 80% of your house value. To understand more about this analysis, contact us.
Next Steps in the process
- After submission, one of our agents will contact you before 5pm today.
- Our agents will speak with you to learn more about your situation.
- We will request a few documents.
- When documents are received, we can provide a conditional mortgage approval in 24 hours.
- After issuing the conditional approval, the lender may ask other questions and requst more documents.
- Upon receipt of all documents you can receive funding in 48 hours.
Mortgage Agent Referral Database
How Does it Work?
- Describe your situation
- We search our database for Agents who specialize with purchases
- We match Agents to your needs
- Agent(s) contact you within 5 minutes
FAQs
Begin here…
Private Lenders
| AltaWest Capital | AW Capital |
| CMI Group | Firm Capital |
| Fisgard Mortgage | PHL Capital |
| Premhome | RiverRock |
| Sequence Capital | Tribecca Finance |
| VWR Capital | Gentai Capital |
And many many more……
Alternative Lenders
| CWB Optimum | Equitable |
| Hometrust | First National |
| B2B Bank | MCAN Financial |
| MCAP Financial | Haventree |
| RFA Mortgages | Effort Trust |
| Strive Capital | First Ontario |
And many many more……
Note 2: example assumes high interest debt charged 15% interest rate per year; low debt interest rate charge is 4%
