Private Mortgage

Short- term, interest-only loans, ranging in length from 1 to 3 years

At The Lakhani Group, we offer a private mortgage to everyone regardless of their situation and at a lower rate. We will not turn you down with harsh guidelines; rather we will find a solution that fits your needs.

Getting your mortgage through a financial institution such as a bank can be more expensive and sometimes not even possible. Banks are known for their stringent rules when it comes to lending money to clients. In certain cases or to certain people banks will not agree to lend to.

We are Focused to Improve your Current Situation

By dealing directly with a private mortgage brokerage, like us, you receive flexible and open terms. Unlike at the bank, where your options a more limiting and you will be faced with additional lender fees. At The Lakhani Group, we understand and sympathize with people that are in different circumstances and situations. In addition, we want to help you get the mortgage you deserve. We will focus to improve your current situation and transition you into conventional financing. Contact us to discuss what we can do for you.

Private Lenders in Toronto are Easier to Access than Traditional Banks

Recent legislation and rising interest rates are making it increasingly difficult for Toronto residents to obtain mortgages through traditional sources. This is why more and more would-be homeowners are turning to private mortgages to purchase their dream property.

Because private mortgage lenders are funded by investors or groups of investors, they are not bound by stringent federal legislation in the same way as regular banks are. When you obtain a private mortgage from a Lakhani Group lender the property that you buy serves as the collateral on the loan.

Meaning that if you default, the property will be sold to recover the loan. This is why private mortgage funders are more interested in the property than in your financial position. Private mortgages are not insured, and so the property is the lender’s only recourse should you default on your payments.

If you have failed to make the stringent application process on a regular mortgage, you could finance your property through a private mortgage. This sector is free of the rigid criteria that are in place at regulated financial institutions.

What is a Private Mortgage?

A private mortgage is a one to three years, interest-only loan that private lenders will extend to you based on the equity in your home. The amount that you can borrow will depend on the amount of equity in your home and your personal set of circumstances. The interest rates on private mortgages are higher, but this reflects the greater risk to the lender

In calculating the interest rate that you will pay, the private lender will look at the risk factors. These include:

  • The Loan to Value – the lower the percentage, the lower the risk
  • Your income
  • Your credit scores

Private lenders are, of course, interested in your ability to repay the loan. They are less interested than the banks are, in your slightly tarnished credit record. You can get mortgages in the Toronto area for up to 95% of the equity in your home.

Let’s Work Together

Open chat
Can we help you?



This website is strictly for the use of professional wealth management intermediaries such as Family Offices, Fund of Funds, Financial Advisors and Wealth Managers.

1. This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.

2. All material on this website has been prepared for informational purposes only and is NOT INTENDED TO AND SHALL NOT IN ANY WAY CONSTITUTE AN INVITATION, OFFER OR SOLICITATION to invest in any investment-related products. The information contained in this website DOES NOT CONSTITUTE INVESTMENT ADVICE.

3. Any reference to any specific company, financial product or asset class in whatever way does not constitute a recommendation on the suitability of that as to as investment for any individual or entity.

4. Potential investors should note that investments can involve significant risks and your initial capital is at risk. No assurance can be given that the investment objective of any investment products will be achieved. The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.

5. It is your responsibility to be aware of and to observe all the applicable laws and regulations of your jurisdiction. You should consult your professional adviser(s) as to whether you require any governmental or other consents or need to observe any formalities to enable you to access the information.

6. This website is not directed to any person in any jurisdiction that prohibits the publication or availability of this website or where such publication or availability would subject The Lakhani Group to any registration requirement within such jurisdiction.

7. By proceeding to view the contents of this website, we assume you are representing and warranting that the applicable laws and regulations of your jurisdiction allow you to access the information.

8. Any potential investors to any investments mentioned referred to or linked to, on this website, should read the relevant offering documents carefully for further details including the risk factors before any investment decision is made. Prospective investors should consult their own professional advisers, stockbrokers, lawyers, accountants, tax consultants, bank managers or any other professional advisers they consider necessary before making an investment.

You hereby acknowledge that you have read the Terms of Access for the restrictive part of this website and to fully consent to the Terms of Access as well as the terms and conditions of use of the Website.