{"id":5647,"date":"2025-09-19T09:35:12","date_gmt":"2025-09-19T14:35:12","guid":{"rendered":"https:\/\/solutionshypotheques.ca\/?p=5647"},"modified":"2026-04-04T15:46:25","modified_gmt":"2026-04-04T20:46:25","slug":"purchase-with-private-mortgage-loan-for-self-employed-truck-owner-gilles","status":"publish","type":"post","link":"https:\/\/solutionshypotheques.ca\/en\/case-studies\/purchase-with-private-mortgage-loan-for-self-employed-truck-owner-gilles\/","title":{"rendered":"Purchase with private mortgage loan for self-employed truck owner (Gilles)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5647\" class=\"elementor elementor-5647 elementor-5579\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f36a275 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f36a275\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0bb6e54\" data-id=\"0bb6e54\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f43b2a elementor-widget elementor-widget-text-editor\" data-id=\"8f43b2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"none\">Gilles is a specialized heavy truck operator who\u00a0is self-employed. He does a lot of deliveries in Quebec,\u00a0western\u00a0Canada,\u00a0and the United States. Being self-employed, he sometimes has a lot of expenses.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">He wants to buy a home that would have a good size lot with\u00a0big garage to store his trucks and parts. He is currently renting a house at $2,000\u00a0per month\u00a0plus storage\u00a0for his trucks and parts for\u00a0$2,000\u00a0per month\u00a0for a total of $4,000\u00a0per month!<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\">He has found a\u00a0home\u00a0that meets\u00a0his\u00a0needs\u00a0perfectly. He has over 25% down payment and his credit rating is\u00a0slightly below\u00a0average.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/p><h3><span data-contrast=\"none\">Here\u00a0are the details:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/h3><ul><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\"><strong>Purchase<\/strong>: Saint-J\u00e9r\u00f4me<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\"><strong>Price<\/strong>: $400,000<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\"><strong>25%<\/strong> down payment<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Private loan for 75% of the\u00a0<strong>value<\/strong>: $300,000<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\"><strong>Monthly payment<\/strong>: $2,875\u00a0per month<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"11\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\"><strong>Term<\/strong>: 1 year<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li><\/ul><h3><span data-contrast=\"none\">Gilles manages to:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/h3><ul><li data-leveltext=\"%1.\" data-font=\"Arial,Times New Roman\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Enjoy the comfort of his new home today!<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/li><li data-leveltext=\"%1.\" data-font=\"Arial,Times New Roman\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Benefits from the annual\u00a0appreciation of the house<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/li><li data-leveltext=\"%1.\" data-font=\"Arial,Times New Roman\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Saves $1,125\u00a0per month\u00a0since he no longer pays for storage.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/li><li data-leveltext=\"%1.\" data-font=\"Arial,Times New Roman\" data-listid=\"13\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Plus,\u00a0we\u00a0enrolled\u00a0him the Canadian Credit Bureau\u2019s\u00a0credit repair\u00a0program\u00a0so\u00a0that he can transition\u00a0from a private loan to a traditional loan at the end of the term.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:2,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"none\">For needs met with one well structured solution,\u00a0fill out our online application today!<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559685&quot;:360,&quot;335559739&quot;:375,&quot;335559740&quot;:420}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Gilles is a specialized heavy truck operator who\u00a0is self-employed. He does a lot of deliveries in Quebec,\u00a0western\u00a0Canada,\u00a0and the United States. <span>&#8230;<\/span><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76],"tags":[],"class_list":["post-5647","post","type-post","status-publish","format-standard","hentry","category-case-studies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Case Study: Private Mortgage for Self-Employed Truck Owner | Solutions Hypotheques<\/title>\n<meta name=\"description\" content=\"Gilles, camionneur autonome, ach\u00e8te une maison avec 25 % d\u2019acompte et un pr\u00eat priv\u00e9 ; il \u00e9conomise sur l\u2019entreposage et am\u00e9liore son cr\u00e9dit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionshypotheques.ca\/en\/case-studies\/purchase-with-private-mortgage-loan-for-self-employed-truck-owner-gilles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Case Study: Private Mortgage for Self-Employed Truck Owner | Solutions Hypotheques\" \/>\n<meta property=\"og:description\" content=\"Gilles, camionneur autonome, ach\u00e8te une maison avec 25 % d\u2019acompte et un pr\u00eat priv\u00e9 ; 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