Investors
Quinte Mortgage Solutions is looking for private lenders that would like to get a good return on their money investing in mortgages on homes, vacant land, construction financing, commercial and mixed use properties in our area.
Interest rates between 7.5% APR and 24% APR on first mortgages. 10% APR to 36% APR on second mortgages. You set the loan to value, the rate, lender bonus if any and we will use your lawyer to review your mortgage you intend on funding.
Quinte Mortgage Solutions never receives funds directly from you.
Interest rates generally reflect the risk involved in the mortgage proposed. 70% Loan To Value in town has less risk than 90% Loan To Value or well and septic. Second mortgages have more risk than first mortgages.