Private Mortgage Lenders vs Canada’s Big Banks
Major banks are heavily regulated, which means they have to maintain rigid lending standards. In fact, when you sit down in a major bank with a loan officer, that person actually has no say in whether or not you’re approved. They can’t lobby on your behalf. They are merely collecting your financial information so it can be entered into a steadfast mathematical formula that all banks have to follow.
Fortunately, that’s not how we work! Private lenders for mortgages aren’t as highly regulated, so we can see you as much more than just a number. We’re more interested in your future than your past. We understand that you may not be exactly where you want to be right now. But that doesn’t mean you don’t deserve a home to call your own.