{"id":2631,"date":"2026-09-01T10:07:00","date_gmt":"2026-09-01T10:07:00","guid":{"rendered":"https:\/\/clichypotheque.ca\/pret-hypothecaire-prive-financement-quebec\/"},"modified":"2026-10-13T19:18:34","modified_gmt":"2026-10-13T19:18:34","slug":"private-mortgage-mortgage-funding-quebec","status":"publish","type":"post","link":"https:\/\/www.clichypotheque.ca\/en\/private-mortgage-mortgage-funding-quebec\/","title":{"rendered":"Private Mortgage: A Mortgage Funding Solution"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">You need money quickly for your property. The bank just turned down your application. You're wondering exactly what a <strong>private mortgage<\/strong> is and how it can help you get back on track.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Good news: this type of <strong>mortgage funding<\/strong> exists for situations just like this. In this article, you'll learn how it works and who can benefit from it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How a Private Mortgage Works<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A private mortgage is financing granted by a private lender, not a bank. The evaluation is based on common sense. There's no debt ratio to meet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The loan is based on the net value of your property. Your declared income matters less than your equity. <strong>This is a major advantage for many homeowners across the province.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>At Clic Hypoth\u00e8que, you get a response within 24 hours or less.<\/strong> The notary can finalize the signing in as little as 7 days. This fast turnaround makes all the difference in an urgent situation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who Can Get This Type of Mortgage Funding<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/clichypotheque.ca\/wp-content\/uploads\/qui-peut-obtenir-ce-type-de-financement-immobilier.webp\" alt=\"qui-peut-obtenir-ce-type-de-financement-immobilier\" class=\"wp-image-2625\" srcset=\"https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/qui-peut-obtenir-ce-type-de-financement-immobilier.webp 600w, https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/qui-peut-obtenir-ce-type-de-financement-immobilier-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Self-employed workers with low declared income often benefit from this. Their home has value, even if their income looks low on paper. The private lender looks at the whole picture, not just what shows up on a pay stub.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here's a concrete example: a self-employed worker earning between $50,000 and $70,000 a year. If they own a duplex with a lot of equity, the bank could turn down their file. This type of loan, on the other hand, is based first on the value of the duplex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Two profiles that often benefit from this type of loan:<\/strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Homeowners who want to pay off tax debts or credit card debt.<\/li>\n\n\n\n<li>Investors with several properties, whose file is often complex for a bank.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">A file with seven or ten properties often takes several months to review at a bank. A private loan can simplify this process considerably.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Some homeowners also use this type of solution for a bridge loan.<\/strong> This happens when a property is sold before another one is purchased. The loan gives you the time needed to complete the transaction without added stress.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Separations and divorces also lead some homeowners toward this type of solution.<\/strong> A quick decision is often needed to settle the division of assets. A private lender can release funds without the usual bank delays or long approval process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Choose a Good Private Lender<\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/clichypotheque.ca\/wp-content\/uploads\/comment-choisir-un-bon-preteur-prive.webp\" alt=\"comment-choisir-un-bon-preteur-prive\" class=\"wp-image-2627\" srcset=\"https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/comment-choisir-un-bon-preteur-prive.webp 600w, https:\/\/www.clichypotheque.ca\/wp-content\/uploads\/comment-choisir-un-bon-preteur-prive-150x150.webp 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">A good private lender reviews every file case by case, all across Quebec. Even more remote regions are considered. Unlike some competitors, every file is reviewed individually and on its own merits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><strong>Here are two things to check before choosing your lender:<\/strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>How fast they respond, and how long it takes to get to the notary.<\/li>\n\n\n\n<li>How the file is evaluated, based on the property's value or on your income.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This type of loan can also help you take advantage of a quick buying opportunity. With a down payment of <strong>20 to 25%,<\/strong> the rest can be lent as soon as the next day. Some homeowners also use it to renovate before selling or refinancing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Builders putting up buildings with <strong>6 to 24 units<\/strong> also use this type of mortgage funding. They turn to private financing during construction. Once the building is finished and rented, they often refinance with a bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In many cases, the interest and notary fees tied to this type of loan are tax-deductible.<\/strong> This depends on your personal situation and how the loan is used. It's recommended that you check this with an accountant before applying, since every file is different.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is a private mortgage?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It's financing granted by a private lender, based on the value of your property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Who can get this type of mortgage funding?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Homeowners with equity, even with low declared income or a poor bank file.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How long does it take to get a response?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You get a response within 24 hours or less, with signing at the notary within 7 days.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Does this financing work all across Quebec?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. Every file is reviewed case by case, even in more remote regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Can I get this type of loan after a bank refusal?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. The evaluation is based on the value of the property, not the bank's refusal.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Clic Hypoth\u00e8que's Services<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Clic Hypoth\u00e8que offers private mortgage financing all across Quebec, case by case.<\/strong> To learn more about similar situations, check out our article on the <a href=\"https:\/\/clichypotheque.ca\/en\/best-time-of-year-to-sell\/\" data-type=\"link\" data-id=\"https:\/\/clichypotheque.ca\/en\/best-time-of-year-to-sell\/\">best time to sell your home<\/a> and our article on <a href=\"https:\/\/www.clichypotheque.ca\/news\/credit-score\">credit scores<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To better understand how this type of financing works in Quebec, consult the <a href=\"https:\/\/lautorite.qc.ca\/en\/general-public\/personal-finances\/mortgages\/types-of-mortgages\" target=\"_blank\" rel=\"noopener\">Autorit\u00e9 des march\u00e9s financiers<\/a>, the official regulator of the financial sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Want to set up this financing today? <a href=\"https:\/\/clichypotheque.ca\/en\/en-contact\/\" data-type=\"link\" data-id=\"https:\/\/clichypotheque.ca\/en\/en-contact\/\">Contact the Clic Hypoth\u00e8que team<\/a> today to discuss it, with no obligation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You need money quickly for your property. The bank just turned down your application. You're wondering exactly what a private mortgage is and how it can help you get back on track.<\/p>\n","protected":false},"author":1,"featured_media":2632,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-2631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-topico"],"_links":{"self":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/comments?post=2631"}],"version-history":[{"count":2,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2631\/revisions"}],"predecessor-version":[{"id":2733,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/posts\/2631\/revisions\/2733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/media\/2632"}],"wp:attachment":[{"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/media?parent=2631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/categories?post=2631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.clichypotheque.ca\/en\/wp-json\/wp\/v2\/tags?post=2631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}