1. What is a private mortgage ?
At Hypothèque avantage, our private mortgages are flexible solutions for those who don't have access to traditional financing. Unlike banks, we focus on the value of your property rather than your credit history. Our loans are often short-term, with more flexible terms, although interest rates are generally higher to compensate for the risk.
2. What types of properties can be financed?
We finance a wide range of properties, including residences, income properties, commercial properties and land. Whether you're looking to renovate, invest or buy, Hypothèque avantage offers financing solutions tailored to the value of your property.
3. What are the eligibility criteria?
At Hypothèque avantage, we focus on the value of your property rather than your credit history. Even with fluctuating income or bad credit, you can still get a loan. We assess the loan-to-value ratio (LTV), usually less than 80%, to minimize the risk.
4. What is the maximum amount I can borrow?
Hypothèque avantage allows you to borrow up to 75% to 85% of the value of your property. The amount will depend on the value of your property, the market and your ability to meet the loan conditions. Contact us for a quick quote.
5. What are the interest rates ?
Interest rates at Hypothèque avantage vary according to risk profile and loan-to-value ratio. We adjust rates according to the value of the property and the borrower's financial situation, offering tailored solutions for at-risk borrowers. Get your rate here
6. What is the typical term of a private mortgage?
Our private mortgages terms generally range from 1 to 3 years, offering short-term solutions. This flexibility allows you to stabilize your financial situation or refinance over time with more traditional options.
7. What are the collateral requirements ?
Your property is the main collateral required by Hypothèque avantage. Whether it's a residence, a commercial building or land, we use the value of the property to evaluate the loan. Other collateral may be required based on your risk profile.
8. How does the approval process work?
At Hypothèque avantage, approval is quick and flexible. We assess the value of your property and your repayment capacity. With fewer restrictions than the banks, we can make you an offer in a matter of days and finalize the legal documents quickly.
9. What are the related costs ?
Hypothèque avantage applies standard fees such as appraisal, brokerage and legal fees. These fees cover the analysis of your property's value and the paperwork involved. We ensure total transparency to avoid any surprises.
10. Can I get a loan with bad credit ?
Yes, Hypothèque avantage will lend, even to borrowers with bad credit. We focus on the value of the property, allowing you to get financing despite a difficult credit history. However, higher rates may apply.
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Why choose
Hypothèque avantage?
Hypothèque Avantage is the quick, hassle-free solution for your private mortgage, regardless of the situation.
Bad credit? Self-employed? Banks turning you down?
We've got the loan for you!
Our unique tailored approach provides you with flexible terms and competitive rates, with a very simple approval process. You'll get your funds quickly and easily.
With our expertise, we turn your real estate plans into reality, even when other options fail. No more frustrating delays and rejections.
With Hypothèque Avantage, you're assured of a quick and reliable tailor-made solution. Don't let financial barriers hold you back. Trust Hypothèque Avantage and retain ownership of your property.
