Canadian and International Customers
In accordance with multiple jurisdictions and regulatory requirements, let PrivateLenderCheck TM help with your peer-to-peer (P2P) and private investor-lender authentication and compliance requirements.
Fraudsters can sometimes solicit mortgage applications from trusting, unsuspecting mortgage applicants and well-meaning but unqualified mortgage brokers. To help prevent this sort of abuse, your mortgage broker should be participating in PRIVATELENDER.org, which gives real estate owners more control over what their broker does with private financial and personal information, when dealing with legitimate peer-to-peer (P2P) and private lenders.
Who we are:
PrivateLenderCheck is a division of PEMI® the Private Equity Mortgage Institute.
Un-managed Private Lending is Risky for Borrowers, Investor-Lenders & Brokers
Yes, Private Lending can be VERY RISKY! PrivateLender.org helps make it safe for you!
Avoid the incompetence, misrepresentation and the fraud - work with P2PLTM member of privatelender.org
What is a private lender? Any lender that is NOT: a bank, treasury branch, credit union, loan corporation, trust corporation,
insurance company nor any person engaged in the business of making loans. A private lender is a private individual who chooses to invests his or her accumulated wealth by loaning it to other persons on an occasional basis, either personally or through a privately held corporation.
Accreditation does not mean that the private lender's products or services have been endorsed by PrivateLender.org nor does it mean that PrivateLender.org endorses the products. Investors who seek to lend money privately are not obligated to seek accreditation, nor may they choose to seek accreditation.
Only Accredited Class® Private Equity Mortgage (PEMTM) Investor-Lender (APLTM) are proven to provide fully compliant, non-bank debt solutions with a focus on quality resulting in the higher levels of borrower satisfaction than others. Look for the APL designation whenever you are seeking non-institutional credit. Demand it.
Private Lender Mortgage Transaction Audit Services
Did your "private lender" convince you to get a mortgage or a so-called "private mortgage" and your client is not happy with it?
Were you aware or made aware of what you were getting yourself or your client into?
Are you concerned that your private lender was not licensed or, was not working in accordance to the regulatory requirements of their license, which caused your client to lose money?
Do a Private Lender Transaction Check!
PrivateLenderCheck is an initiative of MortgageQuote Canada Corp. If you have an existing mortgage and feel that you might be subject to loss caused by a private lender who did not act in their role with the requirements of their regulatory jurisdiction, then contact us.
- For a fee, MortgageBrokerCheck will review and audit your mortgage transaction file and provide you with a report with information regarding the requirements of the mortgage licensing jurisdiction which governs your mortgage transaction and how your private lender can provide objective evidence that they fulfilled or did not fulfill their regulatory legal obligations to you.
This is great for Mortgage Brokers because even if they originated the transaction, they can show professionalism and ethics by helping their customer have the private lender transaction file audited on a 'without prejudice basis', in order to prevent or mitigate a claim of negiligence pursuant to errors and omissions guidelines.
BORROWERS & LICENSED MORTGAGE BROKERS
Are you a licensed mortgage broker and want to connect with an Accredited Class® Private Equity Mortgage (PEM) Investor-Lender for one of your clients? Click Here
Are you looking to borrow money, secured by real estate? Find an Accredited Class® Private Equity Mortgage (PEM) Investor-Lender through our network of APL Authorized Agents, to help you now! Click Here
- Did your mortgage broker convince you to get a mortgage or a so-called "private mortgage" and are not happy with it?
- PrivateLender.org is home to Canada's first and only certified regulatory compliant private equity mortgage investor-lender network, consisting of accredited, non-accredited and Accredited Class® private investors; namely, private individuals and private corporations (non-institutional and non-regulated), who are able to invest private equity funds into real estate on an "unrestricted basis", primarily in the form of mortgage security.