Swift Solutions for Immediate Financial Needs

Here at Freelea Financial, we are equity lenders. The purpose of our financing is to be a short- to medium-term solution to an immediate problem, and assist the clients of our broker partners in their transition to more conventional financing – usually within one year.

We lend funds to clients for short-term debt consolidation and credit repair, payment of CRA debt, bridge financing, and title transfer refinancing. All of our lending is short-term in nature (typically one year), and generally secured by real estate.

✔ Traditional Residential Mortgages

Residential mortgages are short- to medium-term loans typically used by individuals who plan to seek a mortgage from a bank or credit union in the near future. These loans are more suited to individuals who are currently just outside the bank lending criteria, but have a strong exit strategy to transition to more conventional financing.

✔ Second Mortgages

✔ Traditional Residential Mortgages

Second mortgages are a great way to get additional cash when you need it most. A second mortgage allows you to borrow significantly higher amounts because the loan is secured by your home (which is usually worth a lot of money – sometimes more than you think it is!). A second mortgage can be used for renovations or upgrades, debt consolidation, or just about any other cash flow requirement.

✔ CRA Debt

✔ Bridge Financing

Life happens, and many of us find ourselves owing personal or business tax debt to the CRA. This can make mortgage renewals or new lending challenging for a borrower. Freelea Financial can help by offering a loan to pay off the debt immediately – once done, you’re back on track.

✔ Bridge Financing

Bridge loans are helpful when you need to use your current home’s equity for a down payment on a new home, you purchased a new home before selling your current one, or you need funds for upgrades to a new home before you move.

✔ Credit Repair

If you have a good repayment history and no missed payments, yet you’ve found yourself in a situation where your credit score and history are causing issues for you, we can help you consolidate and re-structure your existing debt. This service is well suited for clients seeking to improve their credit score in order to become eligible to secure traditional financing.

✔ Title Transfer Refinancing

Title transfer refinance is usually done to accommodate a change in the ownership of the property, such as adding or removing a person from the title as a result of marriage, divorce, or the death of an owner. This type of refinancing can be a cost-effective solution for changing the ownership structure of a property. A client should obtain solid legal advice before proceeding with this type of refinancing.

Swift Solutions for Immediate Financial Needs

✔ Traditional Residential Mortgages

✔ Traditional Residential Mortgages

✔ Traditional Residential Mortgages

✔ Second Mortgages

✔ Traditional Residential Mortgages

✔ Traditional Residential Mortgages

✔ CRA Debt

✔ Bridge Financing

✔ Bridge Financing

✔ Bridge Financing

✔ Bridge Financing

✔ Bridge Financing

✔ Credit Repair

✔ Title Transfer Refinancing

✔ Blanket Mortgages

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