If you’re a home owner in Ontario we have a new product available for your non-mortgage needs: a Quick Loan up to $40,000!

  • Loan amounts: min. 2,500, max. $40,000
  • Approved in 24 hours, sometime as fast as a few hours!
  • Funds available to you in your chequing account in 2 business days
  • Simple one page application
  • No need to hire a lawyer, we use our lawyers (save mucho dinero)
  • No need to do an appraisal (this saves you at least $500)
  • No up-front cost to you, any lenders fees are added to the loan amount and repaid on a monthly basis
  • Maximum amortization is 10 years, minimum 1 year
  • Fully open loan with no pre-payment penalties
  • Competitive interest rate starting at 4.99%
  • This is a lien loan, not a mortgage (mortgages also available)
  • It does not get reported to credit bureaus.

Use the money any way you want: renovations, vacations, down payment for an investment property, second home or cottage, RRSP top ups, RESP contributions, etc.

Although this loan is not a mortgage, it is however registered in the 1st, 2nd or 3rd position against your home. Since it’s not reported to Equifax or TransUnion, it won’t show up on your Credit Report.

Who can use this:

  • Clients with good credit who need a quick loan to pay off credit card debt, vehicle loans, lines of credit, etc.
  • Clients with not so good credit -wanting to repair their credit rating;
  • If you don’t qualify for a mortgage under the new B-20 guidelines, this can help you qualify (ask me how);
  • Do home renovations, without going through the trouble of getting a line of credit.

Please feel free to give me a call, I’d be happy to explain how this works and how it can benefit your financial situation.

Your trusted mortgage advisor for life,

Dawn Nichol, mortgage agent level 1
(905) 484-9958‬

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