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Access the Funds You Need with a Private Mortgage

At EquityRich, we specialize in private mortgages that focus on the value of your property, not your personal financial factors like age, income, or credit score. Whether you're looking for a private mortgage for a quick closing, a second mortgage, or need a flexible lending solution that works for your unique situation, we offer competitive equity-based lending that helps you achieve your goals without the traditional restrictions.

What Is a Private Mortgage?

A private mortgage is a loan that is offered by private lenders rather than banks or other financial institutions. These loans are designed for individuals who may not meet the strict requirements of traditional lenders, such as high credit scores or steady income. At EquityRich, we focus solely on the equity in your property, offering you a loan based on your home’s value rather than your personal financial history.

With our private mortgage insurance options, we can also help you protect your investment, ensuring you get the financial security you need. Private mortgage insurance (PMI) helps mitigate the risk for lenders, allowing us to offer more competitive terms, including higher loan amounts, with second mortgages available.

Benefits of a Private Mortgage

  • No credit check required — approval based on property equity
  • Flexible terms tailored to your unique financial situation
  • Quick closing — funds available in as little as 48 hours
  • Available for first and second mortgages
  • No income verification required
  • Competitive equity-based lending rates

Who Can Benefit from a Private Mortgage?

Private mortgages are ideal for homeowners who have been turned down by traditional lenders due to credit issues, self-employment income, or other financial circumstances. If you have equity in your home, we can help you access the funds you need.

The Private Mortgage Process

1

Consultation and Eligibility Assessment

The process begins with a consultation where we assess the equity in your property. We'll explain how a private mortgage works, discuss your options, and help you determine if this solution is right for you. Since there are no credit checks or income verification required, we can move quickly to help you.

2

Property Appraisal

We work with professional appraisers to determine the market value of your home. This will help us calculate how much equity you can access through a private mortgage. Typically, we can offer you up to 70-75% of the value of your home, depending on the property and the loan.

3

Loan Offer and Terms

After the property appraisal, we'll present you with a loan offer and clearly explain the terms, including interest rates, loan amount, and repayment schedule. With our private mortgage insurance, we also offer additional protection to secure your investment.

4

Signing and Disbursement

Once the terms are agreed upon, we move forward with the paperwork and disburse the loan according to the agreed-upon method. Whether you choose a lump sum, line of credit, or regular payments, you'll have the flexibility to use the funds however you need.

5

Repayment

Repayment for private mortgages is typically required when the home is sold, or you move out, but we offer flexible solutions to meet your needs. We also offer first and second position mortgages to ensure we have the right option for your financial situation.

Why Choose EquityRich for Your Private Mortgage?

EquityRich is your trusted private mortgage lender, focused on offering solutions that are flexible and based on the value of your property. We specialize in equity-based lending, which means we don’t rely on your credit score, income, or age. We offer competitive loan-to-value ratios and provide both first and second mortgages to meet your needs.

If you’re ready to explore your private mortgage options, use our mortgage calculator to estimate your loan or contact us for a personalized consultation. Whether you’re looking for a second mortgage, a home equity loan, or a private mortgage, we’re here to help you access the equity in your home and achieve your financial goals.

Quick Facts

  • Max LTV Up to 75%
  • Credit Check Not Required
  • Funding Speed As fast as 48 hrs

Ready to Get Started?

No credit check. No income verification. Funds in as little as 48 hours.

Get Free Assessment +1-647-667-9957

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