Private Lenders

Chicago Title defines a private lender to be any lender which is not a Chartered Bank, Trust Company, Credit Union, Insurance Company or Mortgage Finance Corporation. Chicago Title follows the same criteria as the Canada Mortgage and Housing Corporation. To find out more about the lenders that are not considered a private lender please visit the National Housing Act Approved Lenders on the CMHC website: www.cmhc-schl.gc.ca.

Special measures have been implemented to protect the lenders and the legal professionals involved in private lender mortgage transactions against fraudulent transactions. These measures include, but are not limited to:

  • Additional underwriting questions
  • Additional relevant documents

These changes in our procedures are based on real estate industry trends where fraudulent transactions are on the rise in the private lending space.

Please Be Advised / S'il vous plaît soyez informé

Please be advised that on Monday, May 20th, 2024, our offices will be closed for Victoria Day, our regular business hours will resume on Tuesday, May 21st, 2024.

Veuillez prendre note que nos bureaux seront fermés le lundi 20 mai 2024 pour la fête de la Reine et que nous serons de retour aux heures normales d’opération le mardi 21 mai 2024.

For the Province of Québec:

Please be advised that on Monday, May 20th, 2024, our office will be closed for National Patriots’ Day, our regular business hours will resume on Tuesday, May 21st, 2024.

Veuillez prendre note que notre bureau sera fermé le lundi 20 mai 2024 pour la Journée nationale des patriotes et que nous serons de retour aux heures normales d’opération le mardi 21 mai 2024.

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