A private mortgage is a short-term loan from a private lender. It is a loan that usually extends over a period of 1 to 3 years, the time to restore your financial situation. The borrower pays interest charges monthly. These loans exist for people who have the ability to repay their loan, but who do not meet the restrictive criteria of banks. Unlike banking institutions, which are based on an individual's credit history, a lender is essentially based on the value of your house, condo or building.
By selling your home before your loan matures, the financial institution that issued the loan may give you a penalty and impose additional costs. The mortgage penalty depends on the type of loan you have taken out as well as the interest rate, but in many cases the private mortgage loan turns out to be the most advantageous solution for you! Taking out a mortgage loan with Clic Hypothèque allows you to obtain financing quickly to keep your property.
Flexibility: We rely on more flexible criteria than those established by banks, which allows you to borrow even with a bad credit history. Click Mortgage uses the equity in your home, condo, apartment building or other property to determine the value of your loan.
Speed: We intervene in a quick time, in less than 24 hours we will have answered your request. Your file will be finalized in just a few days.
Simplicity: Unlike the long and cumbersome process of traditional banking institutions, Clic Hypothèque offers a simple and easy approach.
Security: We respect and ensure that the information provided remains confidential. So you can rest easy and be safe.
Do not hesitate to fill out the loan application, it is free and does not commit you to anything!