“Do I even qualify anymore?”
Here’s the truth most lenders won’t say:
👉 Private lenders don’t approve based on credit — they approve based on the deal.
👉 More specifically: your situation + your equity.
Below are the 5 borrower types that get approved fast — often in 24–48 hours.
🔥 Get Approved Fast
Get approved in 24 hours — no credit check to start
1. High Equity, Low Income
You own a property with strong equity… but your income doesn’t fit traditional guidelines.
This includes:
- Retirees
- Commission-based income
- Recently changed jobs
- Non-traditional income
Banks decline this all the time. Private lenders don’t.
They focus on:
- Property value
- Loan-to-value (typically under ~75%)
- Exit strategy
👉 If this is you — you’re likely approvable.
📞 Speak Directly With a Decision-Maker
Call 905-597-1225 — no call centers, no runaround.
2. Self-Employed Borrowers
One of the most commonly declined borrower types in Ontario.
You might:
- Write off income
- Have fluctuating revenue
- Lack traditional documentation
Banks are rigid. Private lenders are flexible.
They focus on:
- Equity position
- Property strength
- Real-world repayment ability
👉 If this is you — you’re likely approvable.
3. Short-Term Cash Need (Bridge / Urgency)
You don’t need a long-term mortgage — you need a fast solution.
Examples:
- Closing gap on a purchase
- Waiting on sale proceeds
- Business or investment opportunity
Private lending is built for speed and flexibility.
👉 If this is you — you’re likely approvable.
4. Deal-Based Borrowers (Investors, Flips, Opportunities)
This is where private lending performs best.
You:
- Found a deal
- Need fast funding
- Care more about timing than rate
Examples:
- Fix & flips
- Below-market purchases
- Time-sensitive opportunities
The deal itself drives approval.
👉 If this is you — you’re likely approvable.
5. Distressed Borrowers (Arrears, Taxes, Power of Sale)
High urgency situations where timing matters most.
You might be:
- Behind on mortgage payments
- Facing power of sale
- Owing CRA taxes
- Under financial pressure
Banks shut the door. Private lenders step in.
👉 If this is you — you’re likely approvable.
🧠 Why Private Lending Works
Banks focus on:
- Income
- Credit score
- Ratios
Private lenders focus on:
- Equity
- Property value
- Exit strategy
That’s why approvals can happen in 24–48 hours instead of weeks.
💡 See Real Deals We Funded
👉 https://www.lendworth.ca/case-studies
🚨 Final Thought
Getting declined by a bank doesn’t mean you’re unqualified.
It means you don’t fit their box.
Private lending exists because real-life situations don’t fit traditional rules.
📩 See Your Options
No pressure. No obligation.
Submit:
- Name
- Property Location
👉 https://www.lendworth.ca/borrow
🔥 Get Approved Today
Get approved in 24 hours — no credit check to start
📞 905-597-1225