Benefits of a Private Mortgage
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Flexible Approval Criteria: Unlike traditional lenders, private mortgage lenders consider a broader range of factors when assessing your application. This means that even if you have a non-standard income source or a challenging credit history, you have a better chance of securing the funds you need.
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Quick Approval Process: Time is often a key factor in real estate transactions. Private mortgages typically have a faster approval process, allowing you to move forward with your property purchase or refinance without unnecessary delays.
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Customized Solutions: As a trusted mortgage broker in Pickering, ON, we understand that every client's situation is unique. Gogi Luthra and our team work closely with you to design a mortgage plan that fits your specific financial circumstances and goals.
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Shorter Terms: Private mortgages often come with shorter terms, providing a temporary solution to immediate financing needs. This can be particularly useful for those looking to improve their credit score or waiting for a more stable financial situation before refinancing with a traditional lender.
