Private Mortgages & Alternative Mortgage Solutions

Benefits of our Mortgage Loans

• • Affordable Entry Point: Our loans enable you to enter the housing market now with creative solutions while homeownership is still attainable.
  • Flexible Financing: We offer various mortgage options to suit your financial situation, including private and conventional loans. Our experienced team will guide you in selecting the best loan program for your needs.
  • Competitive Interest Rates: We can find you competitive interest rates, ensuring that you can afford your monthly mortgage payments.
  • Path to Home Equity: With our low down payment mortgage loans, you can start building home equity sooner rather than waiting years to save for a larger down payment.

We understand that every borrower’s situation is unique. Take the first step towards your homeownership goals by contacting our team today.

MORTGAGE SOLUTIONS

Are you looking for innovative solutions to achieve your homeownership and financial goals? Our comprehensive range of mortgage products, including low down payment mortgage loans, creative mortgage financing, investment property refinancing, equity mortgages, and debt elimination with a ‘payment holiday,’ can provide the flexibility and options you need.

Zero Down Payment Mortgage Program:

If you want to purchase a home but are missing the down payment then REICO’s $0 Down Payment Mortgage Program is the perfect solution for you. A down payment will be arranged and the repayment schedule will be based upon your budget. We will also arrange a suitable low interest rate mortgage for you (if you qualify).

Low Interest Rate Mortgage Loans:

Whether you are moving up, an investor, first time home buyer or down sizing the interest rate impacts your mortgage debt servicing, disposable income and cash flow. We can advise you how to get the absolute best interest rate.

Low Down Payment Mortgage Loans:

Are you struggling to save for a large down payment? Our low down payment mortgage loans offer a practical solution. With a reduced upfront investment, you can fulfill your dream of owning a home sooner. We offer various loan programs tailored to your unique circumstances, helping you find the ideal mortgage option with a minimal down payment.

Are you dreaming of owning a home but struggling to come up with a large down payment? Our low down payment mortgage loans are designed to make homeownership more accessible and affordable. With our flexible financing options, you can get started on your homeownership journey with a minimal upfront investment.

Creative Mortgage Financing:

Sometimes traditional mortgage options may not meet your specific needs. Our creative mortgage financing solutions are designed to address unique situations and provide alternative pathways to homeownership. Whether you’re self-employed, have irregular income, or face credit challenges, we can explore creative financing options that suit your circumstances.

Investment Property Refinancing:

If you own an investment property and want to optimize its financial potential, our investment property refinancing options can help. By refinancing your existing mortgage, you can access equity, consolidate debts, or secure better interest rates and terms. Our team will work with you to understand your investment goals and develop a refinancing strategy that maximizes your returns.

Equity Mortgages:

Unlock the value of your home with our equity mortgage solutions. If you’ve built up equity in your property, you can leverage it for various purposes, such as home improvements, debt consolidation, education expenses, or investment opportunities. Our equity mortgages provide you with the means to access the financial resources you need while utilizing the value you’ve built in your home.

Debt Elimination with a ‘Payment Holiday’:

Are you overwhelmed by debt and seeking relief? Our innovative debt elimination program offers a ‘payment holiday’ to help you regain control of your finances. Through strategic planning and negotiation with creditors, we can assist you in temporarily suspending or restructuring your debt payments, allowing you to alleviate financial stress and work towards a debt-free future.

At REICO, we understand that every individual’s financial situation is unique. That’s why we provide a comprehensive range of mortgage products and financing solutions to cater to diverse needs. Our experienced team will guide you through the process, helping you choose the right mortgage option and empowering you to achieve your homeownership and financial goals.

Are you in need of a mortgage loan but finding it difficult to meet the requirements set by traditional lenders? Our private mortgage loans and alternative mortgage options offer a flexible and accessible solution to help you secure the financing you need for your real estate endeavors.

Private Mortgage Loans:

Private mortgage loans provide an alternative source of financing when conventional lenders may not be able to meet your specific needs. With private mortgage loans, the focus is on the value of the property rather than stringent borrower qualifications. We work with a network of private lenders who are willing to provide mortgage loans based on the collateral value of the property. This means that even if you have less-than-perfect credit or unconventional income sources, you can still qualify for a private mortgage loan.

Alternative Mortgages:

Our alternative mortgage options are designed to cater to borrowers who may not meet the traditional lending criteria. Whether you have a unique financial situation, are self-employed, have a low credit score, or require a non-traditional loan structure, we can explore alternative mortgage solutions to fit your specific needs. These mortgages offer greater flexibility in terms of eligibility requirements, income verification, and loan terms, allowing you to overcome common barriers in obtaining financing.

By offering private mortgage loans and alternative mortgages, we aim to provide you with the opportunity to achieve your real estate goals, whether it’s purchasing a new property, refinancing an existing mortgage, or accessing equity for other financial needs. Our experienced team will work closely with you to understand your unique circumstances and customize a mortgage solution that aligns with your objectives.

At REICO, we have established relationships with private lenders and access to a wide range of alternative mortgage products. Our priority is to help you navigate the mortgage landscape and find the best financing option that suits your situation. With our expertise and personalized approach, we strive to make the mortgage process smooth, transparent, and tailored to your requirements.

“A properly planned borrowing strategy is a pillar to any income real estate ownership strategy.”

Many investors have discovered the importance of a sound mortgage financing strategy in maximizing their property investment opportunities. By structuring mortgage loans properly, individuals can avoid the arbitrary limits imposed by traditional lenders such as banks, credit unions, insurance companies, institutional mortgage lenders, private mortgage lenders, and individual private mortgage lenders.

At REICO, we specialize in providing properly structured mortgage financing solutions that go beyond conventional thinking. Our approach is tailored to meet the specific financing needs of investors, offering them unique and customized solutions.

We offer a range of financing options, including institutional, private, and equity financing, to support your various projects and developments. Our lenders provide competitive interest rates, high loan-to-value (LTV) financing solutions, and cater to borrowers who have been declined by traditional banks. Additionally, we offer services such as mortgage refinancing, equity takeouts, second mortgages, and both Canadian and U.S. mortgage financing. For larger projects, we can provide up to $5 billion in financing.

The market is filled with numerous banks, credit unions, insurance companies, institutional mortgage lenders, private mortgage lenders, and individual private mortgage lenders, each offering their own mortgage solutions with specific interest rates, fees, terms, and conditions. Our team at REICO combines our extensive knowledge of these options with our innovative thinking to deliver unique solutions that suit your specific financing needs.

Whether you require a private mortgage or an alternative mortgage solution, our experts at REICO are here to assist you. We believe there is a mortgage for every need and situation, and we are committed to finding the right one for you.

Alternative mortgage financing is an excellent option for borrowers who have been declined by traditional banks for a mortgage. These mortgages can offer competitive interest rates comparable to those offered by the top 5 banks. However, it’s important to note that the interest rates for alternative mortgages may be slightly higher to account for the increased risk. Non-CMHC alternative lender mortgage products provide a viable and flexible lending solution. Private mortgage lending is also suitable for short-term financing, whether for a new purchase or debt consolidation, particularly when bank financing or alternative lender financing is not possible.
Here are a few reasons why borrowers choose private mortgage lending or alternative lender mortgage financing:

• • • Borrowers who have been declined by traditional banks
    • Flexible lending solutions for unique financial situations
    • Short-term financing for new purchases or debt consolidation

At REICO, we understand the diverse needs of borrowers, and we are dedicated to providing private mortgage loans and alternative mortgage options that help you achieve your goals.

For inquiries contact:
Chris Nelson
Mortgage Agent Level 2 (License# M08001656), Pro Funds Mortgages (License# 12051)
613.583.6742 I 416.918.3878 I 866.727.3426 I chris@reico.ca