Private Equity Funded – No Bank Hassle – Same Day Access To Funds.
A Cashin Mortgages HELOC is financed by private equity, and as such is not subject to the scrutiny of the big banks. We offer fast same-day access to funds making HELOCs good for home renovations, Fix’n’Flip, investments, debt consolidation, BRRR, and provides flexibility just like a traditional HELOC.
Rates: 1st Mortgages
Starting At 8.99%
With 2% Lender Fee
(Min. $3,000.00)
Only pay interest on the money you use.
- 1st or 2nd & 3rd Position Charge on a property (can use multiple properties)
- All of Ontario covered
- Residential only (Must be marketable properties)
- Fully OPEN Home Equity Line of Credit (HELOC)
- No Minimum Balance to Carry
- No 3 months interest penalty to discharge early
- Credit Limit of 35k to $2,000,000
- AVOID Costly Private Money Renewal Fees!
- 1-5 year terms. Renewal fees applicable at the end of the term.
- 75% LTV on appraised value. (80% on a case by case basis)
- Appraisal required in most cases from our Approved Appraisers List
- Equity Lender – No Income & No Credit Required
- $500.00 Annual administration fee
- 1,250 for Lender Legals (single property) + Borrower’s ILA fees
- Once in place, funding requests received by 12:00pm will be funded the same business day. After 12:01 pm will be funded next business day
- Full Borrower Portal to pull statements, history, etc
- FAST Approvals 1-4 hours once documentation is received
- FAST Funding available within 2-5 business days from a Complete File
Simple Paperwork Easy as:
- Application
- Current Mortgage Statement – Showing Balance owing
- Property Tax Bill (Any outstanding Property Tax Liability)
- Notice of Assessment (NOA) from the Government of Canada, indicating any outstanding CRA liability
