Every Bank Said No on Credit — Guaranti Closed a $550K Private Mortgage in Days, on Competitive Terms

The client is a local resident who had found a property they wanted. The down payment was ready; all that remained was a $550,000 mortgage to complete the purchase. With that much down, they assumed the financing would be straightforward — until they applied. Past credit habits had left their score too low for conventional bank underwriting. They approached bank after bank, large and small, with the same result each time, and the transaction was at risk of falling through.

A friend referred them to Guaranti. After reviewing the file, the team judged that pushing further with conventional banks was unlikely to change the answer, but that the private lending market was open to them. Working from the down payment, the property value and the overall financial picture, we quickly shortlisted several private lenders and compared them closely on rate, fees and approval conditions.

The $550,000 mortgage was approved within days, at a competitive rate and with fees held down, which let the client stay on schedule and complete the purchase of the property they wanted.