Skip to main content
Mortgage Squad Advisors
Private Mortgage

When banks say no — and you need a yes today.

A short-term mortgage based on your home's equity, not your credit score. Funded in 7–21 days, with a clear 12–24 month plan to get you back to a regular bank mortgage. Every fee disclosed in writing before you sign.

Funded in 7–21 daysBased on home equityUp to 75% (1st mortgage)Up to 85% (with 2nd)Clear exit planAll fees disclosed
5-star rated| FSRA #13737| 5-min pre-qualification

Written by the Mortgage Squad Advisors Editorial Team · Reviewed by the Principal Broker, FSRA #13737 · Updated June 2026

Bank said no? Need cash fast?
Funded in 24–48 hours.
A short-term mortgage based on your home's equity, not your credit score. Every fee disclosed in writing before you sign.
Funding window
48hrs
avg approval to funded
Max LTV
75-85%
Term
6-24 mo
Exit
A-lender
We use private as a bridge — never the destination. Exit plan to A or B-lender is on every file.
Get pre-approved Equity check
Maya · AI · 24/7
When does a private mortgage make sense?
5-star rated| FSRA #13737| 50+ langs

We arrange private mortgages from individual lenders, MICs (Mortgage Investment Corporations), and family-office capital. We always disclose the rate, fees, term, and exit plan upfront — and we always model the path back to A-lender pricing.

What you get

Why Canadians choose Mortgage Squad Advisors.

Funding in 7-21 days
Equity-based (income/credit less important)
Up to 75% LTV on first mortgages
Up to 85% combined on second mortgages
No income confirmation in many cases
Stops power of sale, bridges purchases, funds renovations
All fees disclosed upfront in writing
We map the exit to A-lender pricing as part of the original deal
Maya · 24/7 AI advisor

Have a question right now? Maya answers instantly in 50+ languages.

Chat Call
How it works

Three simple steps, no pressure.

1

Equity Confirmation

We order an appraisal (or accept recent one). LTV determines what's possible.

2

Structure

First or second mortgage? Open or closed? 6-12-18 month term? We pick what serves the exit.

3

Fund + Plan The Exit

Close. We track your file and refinance you into A-lender pricing as soon as your story qualifies.

Run the math first
FAQ

Common questions, answered.

Don’t see yours? Ask Maya — instant answer, any time.

How fast can a private close?
7-21 days from binding offer to funding. Same-day commitment letters are achievable on clear files.
What's a typical rate?
First mortgages: 7-10%. Second mortgages: 9-13%. Plus 1-2% lender fee + 1-2% broker fee. All disclosed in writing before signing.
What's an MIC?
Mortgage Investment Corporation — a regulated pool of investor capital lent on private mortgages. Larger MICs are more institutional and reliable than individual lenders.
Will it hurt my credit?
A private mortgage reports differently — sometimes not at all. We disclose the credit-impact specifics for every lender.
How long should I be in a private mortgage?
Goal: 12-18 months. Anything past 24 months means we missed an exit window. We re-evaluate every quarter.
Can I do a private second behind my A-lender first?
Yes — common when you need equity but don't want to break your low first-mortgage rate. Combined LTV typically capped at 80-85%.
Are private mortgages regulated?
Brokerages and brokers are licensed under MBLAA / FSRA. Lenders themselves vary — MICs are securities-regulated; individuals lend at their own discretion. We only place clients with vetted lenders.
What's the worst-case scenario?
If you can't pay or refinance at term end, the lender can issue Notice of Sale (Ontario) within ~60-90 days. That's why the exit plan is non-negotiable.

Related products

Second mortgagePower of SaleBad CreditAlternative Lending

Related guides

Go deeper on this topic.

5 Signs You Need a Private Mortgage in Canada (and 3 Cheaper Options to Try First) (2026)A-Lender vs B-Lender vs Private Mortgage: 6 Factors That Decide Where You Fit (2026)

Ready when you are.

No obligation and no credit check to start. Maya answers right away, and a licensed advisor steps in whenever you'd like.