Need a loan with flexible lending criteria and negotiable terms? Need it done fast? Are you a first time home buyer? We can help!

Private mortgages are short-term, interest-only loans, ranging in length from 1 to 3 years. Interest-only loans do not require homeowners to pay the mortgage principal down, and instead, only require interest payments each month.

Private lenders have realized that conservative lending guidelines used by banks and conventional lenders exclude many individuals who are in fact able to pay back loans. Most importantly, private lenders take into account a property’s overall value and marketability as opposed to simply the borrower’s credit history.

Why would I use a private mortgage lender?

You would use a private mortgage under any of the following circumstances:

You want to purchase an unconventional property that a prime lender or bank won’t finance.

You need fast financing and don’t want to wait for a long approval process.

Your bad credit history means you are being turned down by conventional lenders.

You only need a short term loan.

You have non confirmable income that is preventing you from obtaining a traditional mortgage.

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Contact 99 Mortgage to make your appointment to talk to our agent directly.