More homebuyers are turning to private lenders in Ontario. Here's what you should know | CBC News

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Private lending is becoming more popular among those looking to secure loans to buy a home — but experts warn there are risks involved.

Value of private mortgages in Ontario jumped from $13B in 2019 to $22.

4B in 2021: FSRAWith many people priced out of the housing market in the Greater Toronto Area and stricter mortgage rules in Canada, private lending is becoming more popular among those looking to secure loans to buy a home — but experts warn there are risks involved.

 

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