Private mortgage to bank — client stories

Guaranti Group cases of private or family loans refinanced into bank mortgages, showing each client’s starting point, application challenge and result.

3 stories

Private mortgageGuarantorMortgage switchA Home Worth Over $3M, a Nearly $2M Private Mortgage Due: Why Was a Bank Switch Still Difficult?A nearly CAD $2M first-position private mortgage was switched in full to one of Canada's Big Five banks after a bank-qualified guarantor joined the application, at a rate of approximately 4%.Read the story Family loanNo current employment incomeOffshore assetsWith No Current Employment Income, How Did a Couple Refinance a $1.3M Family Loan with a Bank?The team organized the clients' local property, rental income and offshore assets, matched an appropriate high-net-worth review path and converted the $1.3M family loan into bank financing.Read the story Declined by the major banks over a low credit score — a year of rebuilding, then a transfer at a stronger rateAfter a year of steady payments and a rebuilt credit profile, the mortgage moved to a major bank at a more competitive rate.Read the story