There’s nothing quite like predictability. Knowing what to expect makes people feel comfortable and it makes things feel easier. When we set out to build the Switch Private Mortgage brand, our intention was to make it easier for brokers to get their clients a private mortgage when the need exists, and RATEScore is one of the secrets to our success.

Are you still wasting time sending your private mortgage applications to multiple lenders and trying to stay on top of all their different guidelines? Don’t you find it frustrating dealing with inconsistent, volatile pricing you can never count on? If so, you’re going to love Switch Private Mortgages!

Switch manages loans for hundreds of individual private mortgage investors across Canada that are hungry to lend their money to your clients. When you submit your application, they compete to fund it and when lenders compete, your clients get the lowest rate and lender fee every time. 

Here’s how RATEScore works.

Each application you submit is scored across 15 risk factors using RateScore, Canada’s first and only standardized underwriting scoring system for private mortgages. The higher the application scores, the lower the rate and lender fee your client gets. It’s that simple.

Once your application is scored and priced, the opportunity is posted in our investor marketplace where hundreds of lenders bid to fund it. 

With so many different lenders under one roof you don’t have to worry about lender guidelines before you submit and when Switch funds your loan, our investors pay us so there’s no hidden or additional costs. You simply decide what to charge your client for your work and close the deal. It’s never been easier to fund a private mortgage. 

Try Switch for your next deal and experience it for yourself. We’ll save you time and your clients money. It’s next level private lending it was made for brokers like you. Call or email us now to discuss your deal!