Private mortgages · All of Ontario

Private Mortgage Broker in the GTA

When the bank says no, private financing can still get the deal done. First and second mortgages, private HELOCs and commercial financing through a trusted network of private lenders.

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Why private

Not every deal fits a bank’s box.

Bruised credit, tight timelines, self-employed income, non-traditional properties, a short-term bridge: the list of reasons banks say no is long. That’s where a private mortgage comes in.

I’m Kevin Singh Dhaliwal, a licensed mortgage broker in Ontario, based in the GTA with over 12 years of experience and access to private lenders, mortgage investment corporations (MICs) and private HELOC lenders. I place files that many brokers can’t, and I’ll tell you straight whether a private mortgage is actually right for you.

What I can arrange

Private financing across all of Ontario

For homeowners, investors and business owners, not just in the GTA.

Private first mortgagesTypically up to 80% of the property value, higher on select files.
Private second mortgagesUp to 80% combined, so you keep your existing first mortgage and its rate.
Private HELOCsFully open and re-advanceable, with no GDS/TDS and 1 to 5 year terms.
Commercial, rural and vacant landArranged regularly, typically around 65% of the property value.

Flexible payments

Private doesn’t have to mean interest-only.

Depending on the file, I have lenders offering:

1Interest-only payments to keep monthly costs low
2Principal and interest, so you pay down the balance
3Amortizations up to 40 years with select lenders

Rates and fees change with the market and depend on the property, location and loan size, so every file is quoted individually.

Deals I arrange

The files banks pass on

  • First, second and third private mortgages
  • Private HELOCs (home equity lines of credit)
  • Private bridge financing
  • Custom home construction financing
  • Plazas and commercial properties
  • Mixed-use and investment real estate

Is it right for you?

When a private mortgage makes sense

  • Your bank turned you down for income, credit or property reasons
  • You’re self-employed or have non-traditional income
  • Your timeline is tight and the bank can’t keep up
  • You’re buying or refinancing a non-conforming property (custom build, unfinished, commercial)
  • You need bridge financing between a sale and a purchase
  • You want to pull equity without refinancing your first mortgage
  • You have a short-term plan (12 to 24 months) and need flexibility
Private mortgages aren’t for everyone or forever. They’re a strategic tool, usually with a plan to move back to a bank or alternative lender. If private isn’t the right fit for you, I’ll tell you what is.

Why work with me

A broker who lives in private lending.

Talk about your deal →

12+ years in the GTAAn active mortgage broker with a book built on private and complex files.
A deep private lender networkAccess to private lenders beyond the ones everyone else uses.
MIC relationshipsMortgage investment corporations lending on everything from residential to commercial.
Lender-ready filesYour file is packaged properly from day one, so lenders can review it without back-and-forth.

My process

Four clear steps

1
Discovery callWe talk through the deal, the property and what the bank said.
2
Application and documentsA secure application and only the documents that matter.
3
Lender match and termsI take the file to the right private lenders and bring you clear terms.
4
Commitment and closingI coordinate with the lender and lawyers through closing, and we plan your exit.

Questions

Private mortgage FAQ

What interest rates do private mortgage lenders charge?

Private mortgage rates change with the market and depend on the loan-to-value ratio, property type, location and your situation. They are higher than bank rates, which is why private mortgages are usually a short-term solution. Every file is quoted individually, and all costs are explained before you commit.

Are there fees on a private mortgage?

Yes. Private mortgages usually include lender and broker fees, plus standard legal and appraisal costs. All fees are disclosed upfront, in writing, before you sign anything.

How long does a private mortgage last?

Most private mortgages have terms of 1 to 2 years, with some lenders offering up to 5 years on certain products. The goal is usually to improve your situation and move back to a bank or alternative lender at renewal.

Can I get a private mortgage with bad credit?

Often, yes. Private lenders focus mainly on the property and your equity, plus a sensible exit plan, rather than your credit score alone.

Do you arrange private mortgages outside the GTA?

Yes. I arrange private financing across Ontario, including rural properties, commercial buildings and vacant land.

Is Kevin a private lender?

No. Kevin is a licensed mortgage broker who works with a network of private lenders, MICs and other lenders to find the right fit for your deal.

Related services

You might also need

Second mortgagesKeep your first mortgage and borrow against your equity.Learn more →HELOCFlexible credit secured by your home.Learn more →Self-employed mortgagesLenders who understand business income.Learn more →Commercial mortgagesFinancing for commercial property and land.Learn more →

Need a private mortgage? Let’s look at your deal.

A 15 minute call is usually enough to know if a private mortgage fits.