Types of Private Mortgages in Canada

Sunlite Mortgage offers a diverse range of Private Residential, Commercial, and Construction Mortgages for properties in Ontario, including small towns and rural areas. We focus on 1st, 2nd, and 3rd residential mortgages, providing up to 80% LTV for purchases and 75% LTV for refinances. We also handle up to 75% LTV for commercial and construction mortgages if they meet our risk and geographic criteria. We target deals from $50,000 with terms such as interest-only monthly payments or a 40-year amortization on a 12-month term, including a 3-month payout penalty or open option.

With decades of experience, we are leaders in Private Lending. We excel in equity-based lending without formal income verification, credit checks, or debt servicing. We create tailored solutions based on marketability, geographical location, LTV, property type, and condition.

At Sunlite Mortgage, we value strong relationships and high service standards. Our team offers fast, knowledgeable, and creative mortgage solutions to meet your immediate needs. Our pragmatic approach to lending allows us to approve mortgage applications that may not qualify with traditional lenders.

Please see our lending parameters below.