Private Mortgage Lenders in Edmonton
Private Mortgage Lenders
in Edmonton, Alberta
Fast private mortgage approvals from trusted lenders for Edmonton and Northern Alberta homeowners. No income verification. Any credit score. Equity-based lending. From first mortgages to debt consolidation, our private lenders serve all of Edmonton.
Our Edmonton Services
Private Mortgage Solutions in Edmonton
How It Works
Getting a Private Mortgage in Edmonton
The process is straightforward and fast. Most Edmonton homeowners go from first call to funding in under two weeks.
Free Consultation
Call or fill out our form. We review your property details and financial situation within minutes.
Quick Application
Minimal paperwork required. No income verification, no credit checks to get started.
Property Appraisal
An independent appraiser assesses your Edmonton property value. Rush appraisals available for urgent cases.
Lender Matching
We match you with the best private lender from our network of 50+ lenders across Canada.
Fast Approval & Funding
Most Edmonton approvals within 24 hours. Funding typically completed in 5 to 7 business days.
Edmonton Market
Private Mortgages in Northern Alberta
Edmonton's real estate market offers strong value for homeowners, with average home prices around $400,000 as of early 2026. As Alberta's capital city and the gateway to Northern Alberta's resource sector, Edmonton has a diverse economy that supports stable property values.
Many Edmonton homeowners work in industries with variable income, including oil and gas, construction, and seasonal trades. Traditional banks struggle with these income patterns, even when borrowers have significant home equity. Private lenders fill this gap by focusing on property value rather than income consistency.
Edmonton's affordable property values mean borrowers often have excellent LTV ratios, resulting in competitive rates from private lenders. A $200,000 mortgage on a $400,000 home is a 50% LTV, which is a strong position that most lenders will approve quickly.
Competitive Edmonton Rates
Private mortgage rates in Edmonton start from 6.95% for first mortgages with strong equity. Edmonton's affordable property values often result in lower LTV ratios, which means better rates compared to higher-priced markets like Toronto.
Who Qualifies in Edmonton
Self-employed business owners, oil and gas workers, seasonal contractors, new immigrants, homeowners with past bankruptcies or consumer proposals, and anyone facing foreclosure on their Alberta property.
Property Types We Finance
Single-family homes, condos, townhouses, acreages, multi-unit residential properties, and mixed-use buildings across Edmonton and Northern Alberta. Both urban and rural properties are eligible.
Why Choose Us
Trusted Private Lenders
in Edmonton
We understand Edmonton's real estate market and work with 50+ private lenders across Canada. Whether your property is in central Edmonton, the surrounding suburbs, or Northern Alberta, we find the best rates for your situation.
- 24-hour approvals for Alberta properties
- No income verification required
- Licensed brokerage
- Access to 50+ private lenders
- First & second mortgage options
- Rates starting from 6.95%
- Remote service across Alberta
- Edmonton market expertise
Edmonton Service Area
Phone
(647) 270-3660Hours
Mon-Fri 9am-5pm
Service Area
Edmonton, St. Albert, Sherwood Park, Spruce Grove, Leduc, Fort Saskatchewan, Beaumont, Devon, Stony Plain
Note
We serve Edmonton clients remotely with the same fast 24-hour approval process.
FAQs
Private Mortgages in Edmonton
Private mortgage rates in Edmonton and Alberta typically range from 6.95% to 12.99%, depending on your loan-to-value ratio, property type, and borrower profile. Edmonton properties generally qualify for competitive rates. First mortgages with LTV under 65% receive the best rates.
Yes. Private lenders serving Edmonton focus on the equity in your property rather than your credit score. Whether you have past bankruptcies, consumer proposals, or collections, we can find a private mortgage solution based on your Edmonton property value. There is no minimum credit score requirement.
Most private mortgage approvals for Edmonton properties happen within 24 hours. Funding is typically completed within 5 to 7 business days. For urgent situations like foreclosure, we can often expedite the process to fund within 3 to 5 days.
No. Private mortgages for Edmonton properties are equity-based, meaning approval depends on your property value rather than income documentation. This is ideal for self-employed Albertans, seasonal workers, oil and gas contractors, or anyone with non-traditional income.
We serve all of Edmonton and surrounding Alberta communities, including St. Albert, Sherwood Park, Spruce Grove, Leduc, Fort Saskatchewan, Beaumont, Devon, Stony Plain, and communities throughout Northern Alberta.
In Alberta, foreclosure is a court-supervised process under the Law of Property Act. The lender must obtain a court order, and you are given a redemption period to bring the mortgage current. A private mortgage can pay your arrears and stop the foreclosure before the redemption period expires.
Most private lenders will finance up to 75-80% of your Edmonton property's appraised value for a first mortgage. For second mortgages, the combined LTV can reach 85% in some cases. Edmonton's affordable property values mean many homeowners have strong equity positions.
Yes. Many Edmonton homeowners use private second mortgages to fund renovations, especially when banks will not approve a home equity line of credit. A private mortgage lets you access your equity quickly for renovations that can increase your property value.
Ready to Get Approved in Edmonton?
No obligation. No credit check to start. Most Edmonton approvals within 24 hours.