Jeff Di Lorenzo
Mortgage Specialist
Cell : (778) 839 3963
Email:
Jeff@yourequity.ca
 TMG The Mortgage Group Canada inc.
&
The Mortgage Group Alberta LTD.
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Private Mortgage Interest Rates
Canadian Private 1st Mortgage Interest Rates usually start as low as Prime + 3% and go up depending upon the strength of your application. (Average interest rate is usually 9%) It is a good idea to deal with an Independent Mortgage Specialist that has access to in house money as well as access to a variety of outside Private Lenders. The big Private Mortgage Lenders don’t always have all the products that could best suit your Mortgage Application . Dealing with an independent broker enables you to access all products the market offers.
BC Private Second Mortgage Interest Rates can start as low as 8.25% and go up depending upon the strength of your Mortgage Application. (Average interest rate is usually 12%). It is a good idea to deal with a Mmortgage Specialist that has access to in house mortgage money as well as access to a variety of outside private lenders. The Big Private Mortgage Lenders don’t always have all the products that could best suit your Mortgage Application. Dealing with an Independent Mortgage Broker enables you to access all products the market offers.
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