$100K Private Education Mortgage Structured and Repaid Through Conventional Loan Refinance

Client: BC Government Services Professional Loan Amount: $100,000 CAD via Private Education Mortgage

Our client, a seasoned professional in BC government services, chose to temporarily step away from her career to pursue a law degree. This transition created a $100,000 funding gap that traditional lenders were unwilling to cover.

To address this, we structured an alternative mortgage solution in the form of a private education mortgage, offering 12% interest with a 1% lender fee. This flexible structure provided immediate access to capital for tuition and living costs, without the delays or restrictions typical of conventional underwriting.

Once she completed her program and received a formal offer of employment, she transitioned the loan into a conventional residential mortgage at a significantly lower rate—demonstrating a successful path from private financing to standard homeownership terms.

This case illustrates how non-traditional income mortgage options can empower professionals during career shifts or education transitions. By leveraging alternative home financing strategies, we helped her preserve long-term financial flexibility while supporting her professional advancement.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

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