Private
Mortgages
Alternative loan options that make sense
Are you looking for private financing solutions outside the conventional lending box?
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A private mortgage is a short-term, interest-only loan. These loans are provided by independent individuals or institutions, making them potentially easier to qualify for. Many Canadians need a mortgage to buy a home, but the approval process can be challenging.
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Borrowers typically need to demonstrate solid financial health, meet income and debt criteria, and have a favorable credit score. If you don’t meet these requirements, a private mortgage might be a suitable alternative to help you reach your homeownership aspirations.
Benefits of Private Mortgages
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Quick Access to Funding:
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In your journey towards financial recovery, quick and straightforward access to funds is crucial. At Driven West Mortgages, we offer a streamlined process for securing private funding, making it effortless for you to support both personal and business endeavors.
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No Strict Lending Requirements:
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Mortgages from banks and financial institutions often involve a lengthy list of approval requirements. If you have a low credit score or insufficient income, qualifying for a traditional bank mortgage can be extremely challenging. This is where private mortgage lenders for low credit can make a difference.
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Quick Approval Process:
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Processing a traditional bank mortgage application is often a lengthy process. In contrast, applying for a private mortgage is straightforward and hassle-free, making it a more convenient option. At Driven West Mortgages, we can secure your mortgage approval in as little as 24 hours*.
Why Choose Driven West Mortgages for Private Financing?​
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At Driven West Mortgages, we believe everyone deserves access to the right financial solution. Whether you've been turned down by traditional banks or are struggling with debt and poor credit, we're here to assist. Our vast network of lenders is ready to tackle even the toughest cases, offering you fast approval when you need it most.
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Expert guidance
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Unique mortgage options
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Instant approval
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Easy application process
