Equity Mainly Matters: Best Private Mortgage Lenders in Ontario

At Equity Mainly Matters, we understand that not everyone can secure a mortgage from traditional banks and lending institutions. That’s why we’re here, dedicated to connecting you with the best private mortgage lenders in Ontario. If you’re wondering, “Can I get a private mortgage in Ontario?” The answer is yes, with our help.


Understanding Private Mortgage Lenders in Ontario

A private mortgage is an alternate financing solution, typically considered when conventional institutions decline a borrower’s mortgage or home refinance loan application. This service is mainly provided by private lenders in Ontario and is designed to meet short-term, interest-only arrangements lasting from 6 months to 3 year terms.

At Equity Mainly Matters, our expertise lies in finding the best-suited private lender in Ontario to fit your unique financial situation. Unlike banks, private mortgage Ontario lenders focus more on the property’s value and overall condition, rather than primarily on the borrower’s credit and income.


What is a Private Mortgage Loan?

Private mortgage loans, provided by private lenders in Ontario, serve as an alternative to traditional financial institutions. These loans become a sought-after choice when banks or lending institutions reject a borrower’s mortgage or home refinance loan application.

  • Short-term loans: As short-term interest-only arrangements, private mortgage loans usually range from 6 months to 3 years.
  • Interest rates: Interest rates on private mortgage loans can significantly vary, depending on both the lender’s and the borrower’s credit situation.
  • Loan-to-value ratio (LTV): Private lenders often offer loans up to a certain percentage of the property’s value, known as the loan-to-value ratio.


Why Choose Equity Mainly Matters

Here are some reasons why you should consider us for your private mortgage needs:

  • Expertise: Our experienced mortgage agents specialize in private lending in Ontario.
  • Personalized service: We make an effort to comprehend your unique financial situation, and to pair you with the best private lenders in Ontario.
  • Wide network of lenders: Our extensive network of private lenders provides a variety of loan options to our clients.

A Private First Mortgage is a first priority Mortgage charge registered on the deed of a Commercial property, Residential property or Land. It can be used for Refinancing a Mortgage on an existing property, Purchasing Real Estate and Construction Financing.
In case of Private First Mortgages, most lenders will generally lend up to a maximum of 80-90% Loan To Value (LTV) in large urban cities.


A Private Second Mortgage is a second priority Mortgage charge registered on the deed of the property. In terms of priority, it sits in Second position, behind the First Mortgage. 

This type of Mortgage is generally used by borrowers looking to access their home equity for Home Renovation, Debt Consolidation, paying CRA Tax Arrears, bringing First Mortgage payment up to date and into good standing order and to also Stop Power of Sale/Foreclosure process, etc.

Frequently Asked Questions

  • Can I get a private mortgage in Ontario? Yes, with the help of Equity Mainly Matters, we can connect you with private mortgage lenders in Ontario.
  • How much do private lenders charge in Ontario? The fees charged by private lenders vary. Typically, private lenders charge between 1-3% of the loan amount as a lender’s fee.
  • What are private mortgage lenders in Ontario? Private mortgage lenders in Ontario are individuals or businesses that offer short-term, high-interest loans, focusing more on the property value rather than the borrower’s credit history.
  • Can I borrow money from a private lender? Yes, you can borrow money from a private lender, especially when traditional lending institutions reject your application.
  • What is the lender’s fee on private mortgages? The lender’s fee on a private mortgage, also known as origination fee or points, is typically 1-3% of the loan amount.
  • What credit score do you need for a private mortgage? Private lenders are more flexible about credit scores, but a credit score of 550 or higher is generally preferred.
  • Why do people get private mortgages? Private mortgages offer flexibility and are often easier and quicker to secure than traditional mortgages. They are especially beneficial for short-term financing, dealing with poor credit, or unconventional property types.
  • Are private lenders legal in Canada? Yes, private lenders are legal and regulated in Canada, but their practices and interest rates can differ from traditional lenders.
  • Are private lenders regulated in Ontario? Yes, private lenders in Ontario are regulated under the Mortgage Brokerages, Lenders, and Administrators Act.
  • Is it harder to get a mortgage for a private sale? It can be more challenging to get a mortgage for a private sale as lenders may require more documentation to assess the property value. However, working with a reputable company like Equity Mainly Matters can streamline the process.
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Home Equity Loans Approved In Less Than 24 Hours!

Borrow against the equity of your Property
NO Appraisal Required For 2nd Mortgages! (Up To 80% LTV in The GTA)
NO Income/Credit Requirement

Services Provided


A & B Lender

Private Lender

Private Mortgage

Mortgage Broker

Home Purchase Mortgage

First Mortgage (1st Mortgage)

Second Mortgage (2nd Mortgage)


Bad Credit Mortgage

Equity Take Out/ Home Equity Loan

Debt Consolidation/ Home Renovation

STOP Power of Sale / Foreclosure

Income Tax Arrears/ Mortgage Arrears

Property Tax Arrears/ Consumer Proposal

Low Interest Rates & Low Fees

Up To 90% LTV Approved

Self Employed= OK!

Low/No income= OK!

Bad Credit= OK!

Equity Approved Loans!

NO Income Documents Required!

Quick Quotes (10-15 Minutes)

Fast Approvals (3-4 Hours)

Fast Closing (24-48 Hours)

Why Choose a Private Mortgage Lender?

Borrowers opt for private lenders for mortgages in Ontario for several reasons, including:

  • Speed: If you need funds quickly, a long bank approval process may not suit you.
  • Credit issues: Private lenders can help if you have poor credit that traditional institutions won’t approve.
  • Unconventional income: Self-employed, commission-based employees or those with non-traditional income methods can find support in private lending.
  • Non-traditional property: For unique property types not accepted by conventional lenders, a private lender can offer a mortgage.
  • Short-term loan need: If you only need a short-term loan, a private mortgage can be ideal.

Types of Private Mortgage Lenders

Private lenders in Ontario can be categorized into three primary types:

  • Individual lenders: These are individuals investing their personal money into private lending.
  • Syndicate investors: This involves a group of investors pooling their personal funds into a single mortgage.
  • Mortgage Investment Corporations (MICs): These groups of investors pool their personal funds to invest in several different mortgages simultaneously, provided the borrowers meet specific qualifying criteria.

Private Mortgage Payment Options

With private lenders for mortgages, borrowers usually only make monthly interest payments, keeping the monthly payments lower. In some cases, you can prepay all of the interest in advance when the loan is initially funded. This will help avoid monthly payments for the entire term of the loan. 

Qualifying for a Private Mortgage

Qualifying for a private mortgage with Equity Mainly Matters is often simpler and quicker than with traditional lenders. We consider factors such as property value, down payment, loan-to-value ratio (LTV), and your ability to make monthly payments.

Our Specialties

At Equity Mainly Matters, we cater to a variety of needs, including:

  • Commercial mortgages
  • Residential mortgages
  • Refinancing for debt consolidation
  • Refinancing for renovations
  • Refinancing for purchasing additional properties
  • Construction financing
  • Urban areas vs non-urban markets

Getting Your Private Mortgage Loan Quickly

Unlike traditional mortgages, which can take weeks or even months to get approved and funded, approval for a private mortgage can take less than a day in some cases.


At Equity Mainly Matters, our goal is to help you transition to a more traditional mortgage at a much lower interest rate, thereby improving your financial situation. Our experienced mortgage professionals are committed to providing you with the best possible service and the most competitive private mortgage options.

Contact Us Today

Interested in learning more about our private mortgage options? Ready to apply for a private mortgage? Contact us today, and let’s help you achieve your financial goals.

Hamilton, Ontario

I had a very pleasant experience working with Shawn Sef at Equity Mainly Matters Loans. We contacted Shawn looking for help in order to pay off our high interest credit card debts. Shawn made the process very easy for us by explaining the Mortgage loan details for the Debt Consolidation Mortgage Solution which he recommended for us. Shawn was actively present every step of the way and was very knowledgeable. I will definitely recommend Shawn to my peers due to his knowledge, professionalism and expertise.

Brampton, Ontario

Shawn is extremely passionate about his job. Shawn always demonstrates a positive and professional attitude. His easy going and friendly personality always makes the experience of working with him fun and stress free. Shawn made the entire Mortgage loan process very simple for me to which I’m thankful for. Shawn is very proactive and updates me on a regular basis in regards to my file.

Markham, Ontario

Me and my husband had never worked with a Mortgage Broker before. I needed to consolidate all of my debts. I was paying high monthly interest fees to my creditors and my bank informed me that I couldn’t get approved with them because of my low credit score. Shawn did an excellent job by helping me consolidate and pay off all of my various high interest debts. I’m now debt free. My credit score has improved and I don’t owe creditors any monthly high interest payments. We went from paying $1,650 month towards our credit card debts and loans, to now paying only $520 month which helped us build up a good savings. Shawn rescued us from our creditors and helped us save an extensive amount of money for our families future.


As a first time home buyer, we required a Mortgage broker who was willing to be very patient with us and to explain every detail of the Mortgage loan process and provide us with as much information as possible. Shawn informed us of the exact required down payment amount (based on the types of lenders that we qualified for), fees, closing costs, Land Transfer tax etc. Shawn was very good in providing us with accurate rates, figures and calculations which we realized we could afford the monthly Mortgage payments and make the Home Purchase work. One other important factor was that Shawn kept on top of our file by updating the progress every step of the way which was very important to us. Shawn is very proactive which we appreciated!

Toronto, Ontario

Shawn helped our family obtain a low rate 2nd Mortgage from a Private Lender. Banks turned us down as we failed to meet their requirements for the stress test, income and credit criteria. However, Shawn was able to find various Private Lenders/Investors that were interested in making us an offer and we ended up taking a great offer for a 2nd Mortgage which made the most sense for us. We will definitely refer our family and friends to Shawn in the near future. I can’t say how much I appreciate all the time and effort Shawn put into our file.

Mississauga, Ontario

Shawn demonstrates excellent customer service skills. He’s always very quick to respond to my emails and calls. Shawn helped me get approved twice in the past year alone and I hope to work with him again in the near future. Shawn was very friendly, attentive and dedicated his time and effort by providing me with solid knowledge, expertise and advice which in return helped the process of purchasing my first home very easy and stress free. Shawn even followed up on my behalf with my lawyer in order to finalize all the details. I would highly recommend his services.

Ottawa, Ontario

From the first time I spoke with Shawn Sef, I felt comfortable and at ease which was due to his calm and patient personality and attitude. He was also very understanding and caring to our current situation and needs by providing the best course of action for us to take which made the most sense for our family. Shawn is very knowledgeable within the mortgage field and delivered exactly what he said he would. He even provided us with accurate closing/funding dates from day one. I would definitely recommend Shawn Sef to any borrower looking for a good
Mortgage broker.

Toronto, Ontario

Shawn had helped my wife and I obtain a 2nd Mortgage from a Private Lender last year. We used the majority of the Mortgage loan proceeds to help renovate/upgrade our home. Once the refurbishments had concluded, we ordered a new appraisal and noticed that our house value had increased substantially. The following year, Shawn helped us refinance both our Institutional and Private Mortgages into a new low rate, 1st Mortgage with an A Lender (Bank) which is going to help us save an extensive amount of money in monthly payments moving forward. I’m very thankful for Shawn’s knowledge, skills and expertise within the mortgage industry which ended up helping us save thousands of dollars.