Fast, Flexible Financing When the Banks Say No.
If you've been turned away by traditional lenders due to income verification, credit history, or a tight timeline — you're not alone. At GNE Mortgages, we specialize in private mortgage solutions that help homeowners and investors move forward when other lenders say “no.”
At GNE Mortgages, we work with multiple private lenders to provide customized solutions. We also arrange Private Construction Financing.
Fast
Flexible
Solution-oriented
🔍 What Is a Private Mortgage?
A private mortgage is a home loan provided by an individual lender or a group of lenders — not a bank or credit union. It’s based more on the value of your property and equity than your credit score or income documents.
Think of it as common-sense lending — we look at the full picture, not just your paperwork.
Who Is It For?
Private mortgages are ideal if:
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You've been declined by a bank due to credit issues
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You’re self-employed or lack traditional income proof
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You need fast financing for a time-sensitive deal
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You’re in a transition period (divorce, tax arrears, etc.)
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You want to access home equity without refinancing your first mortgage
Why Choose A Private Mortgage?
Private Mortgage Ideal for those who Buy and Flip Houses:
A private mortgage has a short payback period, so could be perect for you if you plan on flipping the house within that six to twelve month period. You can renovate before selling the house, and that will boost the house’s value. By doing some home improvements, you should be able to sell or refinance quickly and easily.
Are You Looking for a “Fixer Upper?”:
Usually, the homes requiring extensive repair or improvement work won’t easily qualify for the usual mortgage loans, and the good credit of a borrower doesn’t matter. A private mortgage will let you have the chance to fix up the house in a short time so you can sell or refinance.
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You should be aware of the short payback period of the private mortgage loan.
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Most private mortgages will have a term of six to twelve months, allowing you to pay back the loan.
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Keep in mind, private mortgages usually have higher interest rates than traditional mortgages because you won’t have the need for excellent credit.
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Most people take the quick approval process in exchange for the higher interest rate, you can make the choice.
Why Choose GNE?
Fees To Consider
Appraisal Fee
This is the cost of hiring a certified appraiser to assess the current market value of your property. Lenders need this to ensure the property is worth the loan amount being requested.
Legal Fee
Both the borrower and lender need legal representation to complete the mortgage transaction. Legal fees cover things like reviewing contracts, registering the mortgage, and handling funds.
Lender Fee
These are fees charged by the private lender for arranging and funding the mortgage. They can include administration costs and a lender commission, typically deducted from the mortgage amount.
Monthly Interest Payments
Unlike traditional mortgages, private mortgages often require interest-only payments each month. This means you're only paying the interest (not the principal) for the duration of the loan term.
Still Have Questions?
We’re here to help. If something’s unclear or you want personalized guidance, book a free consultation today. Let’s talk through your options and make sure you’re fully informed.
(905) 757 - 1900
