Can I Borrow Against My Home If I've Lived There for Over 10 Years?
Quick Answer
Yes, if you've owned your home in Ontario for more than 10 years—or have no mortgage at all—you may qualify for private lending solutions that don't involve traditional banks.
Why Consider Private Lending?
If you're facing short-term financial pressure, trying to consolidate debt, or simply don't meet bank requirements, your home equity can become a flexible, fast financial tool.
Short-term Relief
Bridge financing solutions
Debt Consolidation
Simplify your finances
Bank Alternative
When traditional lending fails
How Private Lending Works
Unlike banks, private lenders assess your property value and equity—not just your credit score or income. At The Juneja Group, we offer bridge financing up to 12 months, with rates starting at 5.99%.
Key Differences from Bank Lending:
What If I'm Over 55 With No Mortgage?
Great news—we also work with trusted banks to provide long-term equity lending options for homeowners 55+. This is ideal if you're retired or want to access capital without selling your home.
Senior Homeowner Benefits:
- Long-term lending options through trusted banks
- Reverse mortgage alternatives
- Stay in your home while accessing equity
- Retirement income supplementation
Let's See What's Possible
If you've built equity, we'll help you use it responsibly. No pressure. Just a clear, licensed pathway forward.
Ready to Explore Your Options?
Related Questions People Ask
How long does private lending approval take?
Private lending can typically be approved within 24-48 hours, much faster than traditional bank mortgages.
What rates should I expect for private lending?
Rates start at 5.99% for well-qualified borrowers, higher than banks but with more flexible terms.
Can I pay off a private loan early?
Yes, we offer no prepayment penalties, giving you flexibility to pay off your loan when it suits you.
Private Lending Assessment
Let's see if we can help you access your home equity