When you can’t qualify in the A-lending or B-lending environment, Rougemount Capital can help by providing a short-term financing solution. We don’t lend based on your credit history or financing history, we consider your real estate’s equity. Whether you own a single-family home, bungalow, split-level home, condominium, revenue property or commercial property – we can help you with customized borrowing plans. Our private lending options are also available to homeowners needing help to cover tax expenses, and debt consolidation.
Customized Amortization Periods
Interest Payments + Principal
Flexible Payment Options
Private Lending Rates
We pride ourselves in being able to offer everyone with a lending option – to meet first and second private mortgage needs. Our decision to lend is dependent on the equity that is present in your property. With the help of certified home appraisers across the country, Rougemount Capital has the capability to offer funding across a very large lending area, including the country’s metropolitan areas. A few of our significant lending parameters in Canada include the following:
Loan Amount: The loan amount varies from as little as 10,000 – 5,000,000
Loan to Value: Depending on the conditions, we loan up to 75% of the current market value
Type of Property: All residential and commercial properties qualify
Fee’s and Interests: The arrangements of your file will vary greatly
Amortization: There are interest-only and blended-payment options
Terms: The duration of the loan can be as little as 6 months to 48 months
Received a 60-day Notice from Your Bank?
If you received a 60-day mortgage notice from your bank; you are likely worried about meeting the payment requirements. There is a time sensitive issue to deal with, and we can quickly offer your a financial solution that relieves you of your troubles. As you may know; when city taxes are unpaid for a certain period of time – the city can register a lien on your property, holding you accountable for unpaid dues. At this point, your home can be auctioned to clear your debts. Similarly, if your mortgage payments are not made – the bank (who already has a lien on your property) – can exercise their right to go into foreclosure to liquidate your home to settle your debts. When no action is taken by the homeowner, the bank can get a judgement to repossess your home.
If you take the right action in time – that is to pay off the unpaid debts – you will be able to get back into good standing with your creditor. Rougemount Capital has the resources to ensure that you receive the financial support you need to get yourself in good standing with your bank/creditor.
Ready to start? Please fill out the form below to start the application process with Rougemount Capital – or contact us if you have any questions.