Why Private Lending Is Surging as Banks Tighten Up
Ontario’s mortgage landscape is undergoing a dramatic transformation. As traditional lenders like banks and credit unions tighten their lending criteria, more homebuyers and homeowners are turning to private lenders for financing. This shift is reshaping the market, introducing both new opportunities and significant risks for borrowers. Traditional Lending Shrinks, Private Lending Rises In 2023, Ontario’s […]
