What to do when can't get a mortgage for pre-sale purchase
April 6, 2025 | Posted by: Alex Vinarski
Private & B-Lender Solutions for Pre-Sale Closing
If you can't qualify with traditional lenders for your pre-sale closing, due to income, credit or short completion time, private and B-lenders offer flexible alternatives:
Private Lender Advantages
✅ No income verification required, and any credit acceptable
✅ Loans based on property equity
✅ No prepayment penalties option available (sell anytime without penalty)
✅ Fast approvals and completion (approval usually at the same day, completion within 4-5 days)
B-Lender Options
✅ No tax returns required
✅ Accepts business income statements
✅ More flexible credit requirements
✅ Higher loan amounts possible
These solutions can bridge the gap when:
• Your financial situation changed since purchase
• Traditional financing fell through
• You need quick closing funds
Need Help? I specialize in arranging private/B-lender mortgages for pre-sale closings. Contact me to explore your options before the completion date. For more information visit my Private Mortgages webpage: https://www.ipotekacanada.com/index.php/private-mortgages
Call to Action:
Facing pre-sale financing trouble? Let's discuss private lending solutions.
