Are you looking for private financing? You’ve come to the right place. Tembo Financial is a full-service A to Z private lender in Ontario. For over 8 years, we’ve been providing homeowners in Ontario with alternative financing to help provide flexibility with everything that life throws you.
With our fast, fair and flexible service, Tembo’s common-sense approach often provides homeowners funds in 48 hours from application to funding*. No matter the need, Tembo has you covered.
How Tembo Financial Can Help:
– 1st , 2nd or 3rd mortgages
– Purchase financing
– Refinances
– Deposit Loans
– Renovation loans
– Bridge Financing
– Debt Consolidation Loans
– Short Term Financing
– Business loans
– Stop a power of sale
– Paying off taxes
– Business Loans
– Funds for tuition
– Loans for other personal expenses
– Vacation Loans
When the banks tell you no, Tembo provides homeowners plenty of options for financing in Ontario in many cases with no income verification or credit checks*
Do you own a home
– A business owner
– Unable to meet tight bank requirements
– Unemployed or currently in school
– Low or bruised credit
– Tired of long and stressful applications
– Need funds quickly
If any one of these apply to you, call Tembo Financial to discuss a private financing solution today.
Lending Areas:
Ajax, Arnprior, Barrie, Bracebridge, Bradford, Brantford, Belleville, Burlington, Brampton, Caledon, Cambridge, Collingwood, East Gwillimbury, Erin, Forterie, Guelph, Goderich, Gravenhurst, Grimsby, Hamilton, Halton Hills, Huntsville, Ingersoll, Kawartha Lakes, Kingston, Kitchener, London, Markham, Mississauga, Milton, Mono, Newmarket, Niagara Falls, akville, Orillia, Ottawa, Orangeville, Pelham, Pickering, Peterborough, Prince Edward County, Richmond Hill, Sarnia, St Catharines, St.Thomas, Toronto, The Blue Mountains, Vaughan, Wasaga Beach, Whitby, Waterloo, Whitchurch-Stouffville, Windsor.
Contact us for all your mortgage needs
Our expert team is here to help you get the services and financing solutions you require, whether it be a first, second or third mortgage, we offer our customers the best service and products to suit your needs. We are fast, fair and flexible often able to advance funds within 48 hours from application to funding.
Let us take the stress out of applying for your mortgage. Contact us today!
FAQ'S
What are the costs of getting a financial solution with Tembo?
The fees are simple with our financing solutions and always clearly outlined in our commitment and borrower disclosure. The fee structure is dependent on many factors, including the loan amount, the position on title as well as the location and condition of the subject property. Give us a call today to discuss and get a quote at 1 844 238 6717.
Are lawyers required to get your financing solutions?
Yes, lawyers are required to complete the loan transaction. Fortunately for our clients, Tembo Financial has really low legal fees.
How long does the application process take to get a financial solution?
The application process is simple and only takes a few short minutes to complete. Most clients are approved in minutes! We are often able to fund the loan in 24-48 hours. Some conditions apply and are subject to qualification.
When do I receive the funds for my financial solution?
Funds are sent to our client’s bank account directly from the lawyers once the file is “closed” and the mortgage is registered on title.
Do I need a home appraisal for my financial solution?
In most cases we do not require appraisals, however some exceptions apply.
What documents do I need to apply for a financial solution?
Personal Information:
- 2 pieces of Valid ID (Drivers License, SIN #, Credit Card, Passport)
- Void Cheque
- Most Recent NOAs (upon request)
Documents Related to the property:
- Most recent mortgage statement(s)
- Most recent property tax statements
(If the property is Sold or going to be sold)
- Listing Agreement
- Purchase and Sale Agreement (when applicable)
- Sold MLS Listing (when applicable)
- Any waivers, Amendments pertaining to the sale
- A copy of the buyers deposit cheque (when applicable)
What rates does Tembo Financial charge for their financial solutions?
The interest rates at Tembo Financial are competitive to current market prices but do vary depending on each client situation. Please call our offices at 1 844 238 6717 to get a quote.
Is there a minimum loan amount for your financial solutions?
Our minimum loan amount at Tembo Financial is $25,000.00
How does Tembo get repaid for your financial solutions?
Clients have options when it comes time to repaying the loan. Many clients decide to repay the loan directly through their lawyer on the closing date when the subject property is sold. Clients might not be selling their home and therefore decide to pay off the loan through a mortgage refinance or from their own personal funds. Every situation is different. If you need assistance in figuring out your repayment strategy, please give us a call today.
What areas does Tembo Financial service?
Tembo lends throughout Ontario. Please contact us directly to see if we lend in your area. Some of our approved lending areas include: Ajax, Arnprior, Barrie, Bracebridge, Bradford, Brantford, Belleville, Burlington, Brampton, Caledon, Cambridge, Collingwood, East Gwillimbury, Erin, Fort Erie, Guelph, Goderich, Gravenhurst, Grimsby, Hamilton, Halton Hills, Huntsville, Ingersoll, Kawartha Lakes, Kingston, Kitchener, London, Markham, Mississauga Milton, Mono, Newmarket, Niagara Falls, Oakville, Orillia, Ottawa, Orangeville, Pelham, Pickering, Peterborough, Prince Edward County, Richmond Hill, Sarnia, St Catharines, St. Thomas, Toronto, The Blue Mountains, Vaughan Wasaga Beach, Whitby, Waterloo, Whitchurch-Stouffville, Windsor.
Can my financing solution be an open term?
Yes, we get creative and provide financing solutions that have open terms. This allows our clients to repay their loan any time during the term of the loan without any repayment penalties. We will always suggest terms that make the most sense for each clients situation.
What term lengths are your financing solutions?
We can customize the term length to be anywhere between 1 and 12 months for all our financing solutions. We always suggest a term length that makes the most sense for each situation.
