Call Now Private Mortgages in Ontario Fast, Flexible Funding When Banks Say No
Advance Mortgages connects Ontario homeowners with fast, transparent private mortgage options from a network of 300+ trusted lenders.
Get approved based on your home’s equity, not just your income or credit. Whether you’re self-employed, behind on payments, or need urgent financing — we deliver fast, flexible solutions you can count on.
What Is a Private Mortgage?
Equity-Based Approvals
Get approved using your home’s value — not just your credit score.
Speed and Simplicity
Funding in as little as 24–48 hours when time matters most.
Flexible Terms
Short-term, interest-only, or open options tailored to your exit plan.
When Banks Say No
Perfect for self-employed, low income, or credit-challenged borrowers.
Private mortgage is a practical option when you need to access your home’s equity quickly — whether to refinance, consolidate debt, or cover time-sensitive expenses. Here are it’s most common uses:
🏠 Home purchase or refinance
💳 Debt consolidation or credit repair
🏗 Urgent bridge financing between closings or rescue financing
💼 Self-employed or non-traditional income
💰 Equity take-out for investments or taxes
Clients declined by banks for bruised or low credit can also use private mortgage to pay off CRA, liens, or property tax arrears or for temporary financing while rebuilding credit or waiting for approval.
| Feature | Private Mortgage | Bank Mortgage |
|---|---|---|
| Approval Time | 24 hours | 2–4+ weeks |
| Approval Basis | Property equity & exit plan | Credit score & income |
| Payment Type | Interest-only, flexible | Principal + interest |
| Term Length | 6–24 months | 1–5 years |
| Credit Requirements | Flexible / Open | Strict minimums |
| Use of Funds | Open — any purpose | Restricted / limited |
| Speed & Flexibility | High | Limited |
Your home value
Remaining Mortgage Balance
Enter your remaining balance and see your eligibility.
Why Work With Us
Fast Approvals
Streamlined process with approvals often within 24 hours.
Competitive Rates
We compare 300+ lenders to secure your best possible rate.
Flexible Options
Choose from a full range of bank, alternative, and private programs.
Customer-Centric Service
Personalized support from a dedicated advisor — start to finish.
No Hidden Fees
Transparent pricing. No surprises. Ever.
Personalized Solutions
We take time to understand your goals and build the right strategy for you.
Private Mortgage FAQ
Anyone with sufficient equity in their property — including self-employed borrowers or those with bruised credit.
We can review, approve, and fund in as little as 24–48 hours.
Rates depend on loan-to-value (LTV), property location, and risk level — but we shop across 300+ lenders to secure the best fit.
Yes. Once your income, credit, or financial situation improves, we’ll help you refinance into a lower-rate institutional mortgage — this transition is often referred to as your exit strategy.
Fast Approvals. Real Options. Trusted Results.
Thousands of Ontarians turn to Advance Mortgages when banks say no — for reliable advice, transparent terms, and funding that fits their goals.