When arranging a private mortgage on a residential property in Ontario, you can expect several types of fees. Here are some common ones: Lender Fees These can include application fees, underwriting fees, and any fees specific to the lender.  Fees generally range from 1-3% of the mortgage amount, depending on the complexity and risk involved in the transaction. For lower risk mortgages there may be no lender fees. Legal Fees In a private mortgage transaction, there will be ...