FAQs

General Questions

By choosing equiloan you’re accessing a leading online loan marketplace. equiloan connects borrowers with lenders to customize solutions specific to each party’s needs. We offer a wide variety of loan types which include first mortgages, second mortgages, auto loans and debt consolidation. Our customized approach ensures flexibility and comfort that you won’t find anywhere else.

The amount you can borrow is not capped, however it is fixed based off your equity. To get a
clearer idea of how this works take a look at our loan calculator.

Yes. Mortgage refinancing through our partners is one of the many services that we offer. For more information click here.

At equiloan convenience is key, our goal is to make the application process as simple as possible. With that in mind we encourage to apply whenever necessary.

Financing businesses is something we take pride in at equiloan. No matter if you’re looking for start-up capital or financing for an expansion we have a solution for you. Take a look at your options on our commercial and industrial solutions page.

In short, no. equiloan does not charge upfront for matching borrowers with lenders. Lenders that you’re introduced to through equiloan will never ask you for upfront fees to insure or guarantee a loan. You should beware if you are ever asked for a fee prior to completing an application with a loan officer.

We are not in the business of charging you for our services and closing costs are determined by individually by lenders. Unfortunately, we are unable to determine the amount of closing costs or out-of-pocket closing expenses. If we are able to match your request with a Lender, you may discuss your specific situation with them once you are in contact.

About Our Lenders

In the event that we are unable to find a lender that suits your needs you will be notified immediately. If we cannot find a lender to match your loan request, there’s nothing stopping you from revisiting the Website to complete new loan request at any time. Our network of Lenders is constantly growing, so continue to check back.

Unfortunately there is no concrete answer to this question. Our lenders will consider credit reports, income, assets, debts and other information about both borrowers. So it’s important to consider the combined financial picture before deciding whether or not to include a co-borrower.

APPLY FOR YOUR LOAN

Your online application only takes 3 minutes to complete and we only ask for information we actually need.

or feel free to give us a call at 416.986.8500