Private Mortgage across Ontario
Private lending is not meant to be permanent. We use it when the asset, timeline, or exit plan makes sense and when traditional lenders cannot move fast enough.
Your file needs speed, flexibility, or a short-term bridge outside standard bank rules.
Licensed broker review with no hard credit check at the first-pass stage.
Built for private files across Ontario
This page is focused on Toronto, Mississauga, Brampton, Vaughan, Kitchener-Waterloo, Durham. The first review is designed to separate lower-cost institutional options from files that need alternative or private packaging.
Bank or B-lender decline but strong property equity
Power of sale, arrears, tax debt, or urgent closing pressure
Short-term bridge with a clear refinance, sale, or payout plan
How we route the file
A good mortgage file can still land with the wrong lender if the story is unclear. We organize the important facts before shopping it around.
Local context
Ontario files vary widely by property type, borrower profile, and lender appetite. The goal is to identify the lender lane before the application becomes noisy.
Prioritize loan-to-value, property type, location, and exit strategy
Separate urgent private options from files that can still be saved with an institutional lender
Review total cost, fees, renewal risk, and realistic pay-out timing
Suitability and exit plan
Mortgage strategy should match the borrower, property, timeline, and cost. The first pass is about finding the right lane before a lender application is pushed too far.
Private lending is normally a short-term tool, not a permanent mortgage plan.
The review should include total cost, fees, renewal risk, and a realistic exit strategy.
Approval still depends on property, title, equity, timing, and the borrower's ability to carry the plan.
What matters for Ontario
The pilot covers the first Ontario markets we want to prove before expanding to every municipality above the population threshold.
Documents
- Mortgage statement and property tax statement
- Recent appraisal or realistic value estimate
- Notice, arrears, or payout documents if timing is urgent
Private questions
These are first-pass answers. Final lender fit depends on the property, borrower profile, documents, and timing.
Is a private mortgage based only on equity?
How fast can private lending close?
What is the exit plan?
Start with a focused private review for Ontario.
The intake takes a few minutes and keeps the mortgage type and location clear for the broker review.
Garrison Capital Corp., operating as Open Financial
Open Financial Lic. 13362.
Principal Broker: Marcel Greaux, Lic. M10002478.
Prefer phone? 647-558-2300. Email mortgages@openfinancial.ca.