ABOUT US
Our Story
It’s days before your closing and you suddenly find out that your bank or lender has declined your mortgage application. Faced with the prospect of losing your deposit and having your credit damaged, you are understandably stressed. So, what do you do now? You may feel like you are alone, without options and that banks and traditional lenders will not be able to provide the help you need.
That’s where we come in; One Day Money offers a quick solution for receiving a fast mortgage loans that allow you to close your transaction on time.
The reality is that, in a highly-regulated money-lending environment, conventional lenders can’t provide a condo mortgage loan or property financing in under a week — let alone a few days.
We knew real estate purchasers needed a private lender who was able to approve and fund a deal within one business day — and so, we created One Day Money.
As seasoned real estate professionals, we understand the frustrations of being denied a mortgage loan or not receiving a loan before your property closing date. With our One Day Money services, we created a transparent and simple process to get your mortgage loan in the time you need it. Acquiring the financing you need, when you need it, is what matters most.
who we are
After two decades of real estate experience, billions of dollars in sales and thousands of real estate transactions, it was frustrating to see good people making all the right choices and completing the right steps in their real estate investing only to lose their financing days before their property closed.
We say yes, when the banks say no. We are an equity-based private lender that provides mortgage loans based SOLELY on the equity in the property and not the individual applying for financing. What does that mean for you? It means that if your property meets our minimum equity requirements, then your financing is approved and delivered within 24 hours — simple as that.
We lend money, or agree to purchase your property, based on the equity in that property — and we do it in one day. We appraise the property quickly and advance your mortgage loan, or complete your sale or assignment in just 24 hours.
Conventional mortgages, bridge loans and condo financing services use complicated calculations based on your personal financial situation and can be based on unfair terms. Sadly, this can sometimes leave individuals without the financing they require at the moment they need it most. We believe that lending should be based on the equity in a property rather than the individual applying for the mortgage.
What We Believe
We believe that if a lender commits to funding your deal, they should honour their commitment to you without the fine print allowing them to back out of your deal at the 11th hour. After all, a commitment is just that, a commitment.
Even more importantly, we know that when your funding falls through, time is of the essence and you need an answer FAST. And so, we believe application decisions should be made quickly. This is the premise upon which One Day Money was founded.
At One Day Money, we know you don’t want to be in the situation that has brought you to us, so we want your experience with us to be as positive as possible. We understand that the sooner we can provide you with an answer, and the loan you need, the sooner your financing stresses disappear.
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