Private Mortgage Lender in Quebec – Fast Financing with No Rejections
Do you need quick access to cash, but banks are refusing your application? At Vendu 24h, we are a private mortgage lender offering financing solutions accessible to all property owners across Quebec. Our approach is simple: we evaluate your property’s market value rather than your credit score, and we present you with an offer in as little as 24 hours.
Whether you are facing a bank refusal, financial difficulties, or an urgent need for funds, our team supports you with transparency and respect. Our private mortgage loans range from $10,000 to $1,000,000, with flexible terms tailored to your situation.
What Is a Private Mortgage Loan and Why Use One?
A private mortgage loan, also known as a private mortgage, is an alternative financing solution offered by an investor or company rather than a traditional bank. Unlike banks, a private lender bases its decision primarily on the equity available in your property, not your credit score or income stability. It is a practical solution for homeowners who need fast access to financing without the delays and complex requirements of financial institutions.
An Accessible Alternative to Traditional Banks
Banks impose strict criteria: high credit scores, proof of stable income, and maximum debt ratios. If you have experienced job loss, divorce, or difficulty making mortgage payments, these requirements can become a major obstacle. Private mortgage financing removes these barriers by focusing on what truly matters: your property’s value. Approval is faster, the process is simpler, and the terms are customized to your situation.
Who Can Benefit from Private Mortgage Financing?
Private loans are designed for a wide range of homeowners across Quebec. You may benefit from our services if you are in one of the following situations:
- Bad credit or a complex credit history following bankruptcy or a consumer proposal
- Self-employed with irregular income that banks refuse to consider
- Facing a 60-day notice or foreclosure risk
- Urgent need for funds for a project, debt, or financial obligation
- Real estate investor seeking fast financing for a flip or acquisition
Get a Private Mortgage Loan Easily, With No Rejections and Fast Turnaround
Get the financing you need quickly and without complications through our private mortgage loans. At Vendu 24h, we understand that every situation is unique. That is why we offer tailored solutions, accessible even to homeowners facing financial challenges or complex credit histories. With fast approval, flexible terms, and a transparent process, we help you turn your property equity into a real financial solution.
Advantages of a Private Mortgage Lender vs Banks
Working with a private mortgage lender like Vendu 24h means choosing simplicity and efficiency over bank bureaucracy. Here is what sets our approach apart from traditional financial institutions.
Fast Approval Within 24 Hours with No Credit Check
At Vendu 24h, our approval process is designed for speed. Because we base our decision on your property’s equity rather than your credit score, we can present you with an offer within 24 to 48 hours. No long waiting periods, no extensive credit checks, and no overwhelming paperwork.
Flexible and Customized Repayment Terms
Every borrower has a different reality. Our private mortgage loans offer flexible repayment options: choice of loan term, monthly payments adjusted to your capacity, and the option to pay interest-only during the loan period.
Accessible to Everyone
Whether you are self-employed, have non-traditional income documentation, or have experienced bank refusals, our financing options remain accessible. Your property becomes a reliable source of funding to move forward with your plans.
Personalized Support
Our service platform supports you at every step with tailored financial advice and a transparent approach. Choose a financing solution that puts your priorities first.
Get Your Private Mortgage Loan – Free Evaluation
Find out in minutes how much you can borrow based on your property’s equity. Our evaluation is free, confidential, and with no obligation.
Our Private Financing Solutions in Quebec
Vendu 24h offers several types of private financing to meet the diverse needs of Quebec homeowners. Whether you want to consolidate debt, obtain a second mortgage, or finance a real estate project, we have a solution tailored to you. If you prefer to sell your house quickly in Montreal, our cash buying program is also an option.
Debt Consolidation and Mortgage Refinancing
If you are managing multiple high-interest debts such as credit cards, personal loans, or lines of credit, private mortgage refinancing allows you to combine everything into a single loan secured by your property. The result: one monthly payment, often at a more favourable rate than your combined debts. For homeowners wondering whether it is possible to sell a house with an existing mortgage, private refinancing offers an alternative that lets you keep your property while regaining control of your finances.
Second Mortgage and Second-Rank Mortgage
Already have a first mortgage with your bank? A private second mortgage gives you access to additional funds without affecting your existing loan. This type of financing is based on the equity built in your property: the difference between its market value and your current mortgage balance. It is a popular option for funding renovations, covering urgent debt, or seizing an investment opportunity.
Private Loan for Self-Employed Individuals and Newcomers
Self-employed individuals and newcomers to Canada often face specific barriers with banks: irregular income, lack of Canadian credit history, or unconventional tax documentation. Our private mortgage financing removes these barriers. Approval is based on your property, not your income statements. Homeowners going through a divorce can also use a private loan to obtain a home evaluation and access their share of equity quickly.
How Does a Private Mortgage Work with Vendu 24h?
The process is intentionally simple and transparent. At Vendu 24h, we have removed administrative complexity to help you secure financing as quickly as possible. Here are the three steps.
Property Market Value Evaluation
Everything starts with an evaluation of your property. We analyze its market value using local comparable data. This step determines the maximum amount you can borrow, generally up to 75% of your property’s value. You can get a free online home evaluation for an initial estimate.
Approval Process Based on Property Equity
Unlike banks that scrutinize your income, employment, and credit score, our approval process focuses on your available equity. The loan-to-value ratio is the key factor. If you have sufficient equity, you receive a clear and detailed financing offer with no surprises.
Notary Signing and Fund Disbursement
Once the offer is accepted, the transaction is finalized before a notary. The mortgage deed is registered in the Quebec Land Register, protecting both lender and borrower. Funds are then released quickly, often within 72 hours after signing. All notary and administrative fees are clearly explained beforehand, with no hidden costs.
Apply for a Private Loan Online Now
Complete our form in just a few minutes. No impact on your credit, no obligation.
How Much Does a Private Mortgage Cost? Interest Rates and Fees
Private mortgage loans carry higher interest rates than traditional financial institutions. This is normal, as private lenders accept a level of risk that banks do not. In return, you gain access to financing that banks would otherwise refuse, with unmatched speed and flexibility.
Interest Rates and Loan-to-Value Explained
Interest rates vary based on several factors: your loan-to-value ratio, property type (single-family, condo, multiplex), mortgage rank (first or second), and your overall profile. Generally, a private first mortgage offers better rates than a second mortgage because the risk is lower for the lender. At Vendu 24h, we provide a clear rate upfront with no unexpected changes during the term.
Administrative Fees, Notary Fees and Full Transparency
In addition to interest, private mortgage loans include administrative fees for processing your application and notary fees for signing the agreement. At Vendu 24h, transparency is central to our commitment. Every fee is clearly detailed and explained before you sign anything. You know exactly what you are paying, why, and when. No hidden fees, no surprises.
Every situation is unique. Contact us for a personalized estimate of your financing costs.
Get Your Private Mortgage Financing with Vendu 24h
Do not let a bank refusal or poor credit stop your plans. At Vendu 24h, we have helped thousands of Quebec homeowners secure the financing they needed quickly, simply, and confidentially. Whether you are in Montreal, Quebec City, Laval, or elsewhere in the province, our team is ready to assess your situation and present you with a no-obligation offer.
Call us at 1-866-511-3062 or fill out our online form to receive your free evaluation.
Request Your Free Evaluation – Response Within 24 Hours
Turn your property equity into a real solution. Free, confidential evaluation with no impact on your credit.
Frequently Asked Questions About Private Mortgages in Quebec
What Is a Private Mortgage Lender?
A private mortgage lender is an investor or company that provides financing secured by real estate. Unlike banks, approval is based primarily on your property’s market value and available equity rather than your credit score or traditional income.
Can You Get a Private Mortgage with Bad Credit?
Yes. Private financing is specifically designed for homeowners with poor credit, late payments, or bank refusals. The main factor evaluated is your property’s value and loan-to-value ratio. Your credit history is not a barrier with Vendu 24h.
How Much Can You Borrow with a Private Lender?
The amount depends on your property’s market value and any existing mortgage. Generally, a private lender can finance up to 75% of the property’s value. At Vendu 24h, loans range from $10,000 to $1,000,000 depending on available equity and the file profile.
How Quickly Are Funds Released?
The process is much faster than with a bank. After property evaluation and acceptance of terms, funds can be released within 24 to 72 hours once documentation is completed with the notary.
What Are the Interest Rates for a Private Mortgage?
Interest rates are generally higher than bank rates because private financing involves a different level of risk. The exact rate depends on the loan-to-value ratio, property type, mortgage rank, and the applicant’s financial situation. We present a fixed and transparent rate from the initial offer.
What Is the Difference Between a Private Lender and a Mortgage Broker?
A private lender funds the loan directly using its own capital. A mortgage broker acts as an intermediary between you and multiple lenders to find the best offer. With Vendu 24h, you deal directly with the lender, with no intermediary and no brokerage commission.
Is a Notary Required for a Private Mortgage?
Yes. All private mortgages in Quebec must be signed before a notary and registered in the Land Register. This protects both parties by ensuring the legality of the transaction. Notary fees are part of the total cost and are disclosed before signing.
In Which Cities Does Vendu 24h Offer Private Mortgage Financing?
Vendu 24h offers private mortgage loans across Quebec, in more than 24 cities including Montreal, Laval, Longueuil, Gatineau, Quebec City, Sherbrooke, Trois-Rivières, Saguenay, Drummondville, Saint-Jérôme, Saint-Jean-sur-Richelieu, Saint-Hyacinthe, Blainville, Mirabel, Repentigny, Terrebonne, Brossard, Châteauguay, Dollard-Des Ormeaux, Granby, Shawinigan, Beloeil, Lévis, and Lac-Brome.