Landlords and rental property owners can use private mortgages to put the equity in their properties to work. Here is how.
Borrowing against a rental
A private mortgage can be secured against a rental property, letting you access equity without selling the asset.
Common uses
Owners use the funds for repairs and improvements, to cover deposits or carrying costs, or to act on a new investment opportunity.
What we require
The property must be built and fully zoned for its current use. We consider its condition, location, and income when structuring the loan.
Ready to talk?
If this fits your situation, start your application or contact us and we will help you understand your options across Ontario.
This article is for general information only and is not financial, legal, or investment advice. Please consult a qualified, licensed professional before making any decision.