A private hard money loan is an asset-based loan financing through a private company (like AJS Capital) rather than a traditional bank. Because we underwrite based on the intrinsic value of the real estate and your exit strategy—rather than strictly focusing on your personal income or credit score—we can fund deals much faster and take on projects (like heavy rehabs) that traditional banks will not touch.

We lend on non-owner-occupied residential investment properties (Fix & Flips, BRRRRs, rentals), multi-family buildings, and commercial real estate.

No. AJS Capital strictly provides commercial and business-purpose loans for real estate investors. We do not lend on properties that you currently live in, nor do we provide consumer, auto, or unsecured personal loans.

We lend exclusively on real estate located within Alberta, Canada. We know our local market, which allows us to underwrite "Alberta dirt and bricks" with speed and confidence.

Our maximums depend on the loan program:

• Fix & Flip / BRRRR: Up to 80% of the After Repair Value (ARV), or 100% of project costs (whichever is lower).

• Rental Property 2nd Mortgages: Up to 75% Combined Loan-to-Value (CLTV).

• Bridge Loans: Up to 75% of the "As-Is" value.

Because we price risk based on the specific asset, rates vary depending on the project type, LTV, and exit strategy. Generally, our rates reflect standard private money pricing, featuring interest-only monthly payments and a standard loan origination fee. You can use the Deal Analyzers on our website to run estimates, or submit your deal for a formal quote.

No. While we do review the overall financial profile of our borrowers to ensure they can carry the interest payments, our underwriting is primarily asset-driven. If the deal makes sense, the math works, and you have a clear exit strategy, we want to fund it.

In most cases, yes. We typically require an independent "As-Is" or "As-Completed" appraisal from one of our approved local appraisers to verify the asset's value. Because we are local to Alberta, we can often expedite this process to keep your deal moving.

Speed is our biggest advantage over the "Big 5" Canadian banks. Once we receive your full deal submission, we typically provide a formal term sheet within 24 to 48 hours. Depending on the complexity of the legal work and appraisal turnaround, we can often fund a deal in a matter of days to a couple of weeks.

It starts with the math. Use our online Deal Analyzers to check your numbers. If the project cash flows or fits our LTV guidelines, submit your property details through our online application page. Our deal desk will review your numbers and reach out immediately.