Real Estate

Private Mortgages

Legal structure and representation for private mortgage borrowers and lenders across Ontario.

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Private Mortgage Transactions

Private mortgages — loans from individual lenders rather than banks — require careful legal structure to protect both borrowers and lenders. Interest rates are typically higher than bank mortgages, but qualifying criteria are more flexible, making them useful for borrowers who don’t qualify for conventional financing.

For borrowers, we review the loan terms, explain the risks, and ensure the mortgage is properly registered. For lenders, we prepare the loan documents, conduct title searches, arrange title insurance, and handle registration.

Private mortgages are also subject to Ontario’s Mortgage Brokerages, Lenders and Administrators Act, which imposes specific disclosure and conduct requirements. We ensure compliance with all applicable regulations.

Why Choose Us

Experienced real estate lawyers who handle private mortgages regularly.

Flat-Fee Pricing

Clear, transparent pricing. You know the full legal cost before you commit.

Fast Closings

We handle title searches, document prep, and closings efficiently so your deal stays on schedule.

25+ Years of Experience

Thousands of successful residential and commercial real estate transactions across Ontario.

Direct Lawyer Access

You work directly with a lawyer, not a junior assistant. Clear answers when you need them.

Frequently Asked Questions

What is a private mortgage?

A private mortgage is a loan secured by real estate from an individual or private corporation rather than a bank. They typically have higher interest rates but more flexible qualifying criteria.

Are private mortgages legal in Ontario?

Yes, but they’re regulated under the Mortgage Brokerages, Lenders and Administrators Act. Both lenders and brokers must comply with licensing and disclosure requirements.

How long does a private mortgage closing take?

Typically 1–2 weeks once legal instructions are received — faster than a bank mortgage in most cases.

Ready to discuss your case?

Book a free, no-obligation consultation today.

Book free consultation