Current Rates
5yr Fixed 4.69%
5yr Variable 3.95%
3yr Fixed 4.59%
Prime 4.45%
BOC 2.25%
Updated Jun 2, 2026

Mortgage Solutions · Private Mortgages

When the bank says no, we map the exit first.

Private lending solves a specific problem (bruised credit, a closing in two weeks, arrears on title) when A and B lenders won't move. It's short-term by design. The whole job is getting you in, and then back out to bank pricing.

Funds in 7–10 days Up to 85% CLTV Terms 6–24 months No federal stress test

▍ The exit roadmap

A private mortgage is only as good as the exit.

Without a clear plan to get out of it, whether that's a refinance to a bank, a sale, or restored credit, you're paying premium rates forever. Pick what's keeping you out of bank channels and see the path back.

Month 0 · Place

Fund the private mortgage

Get the deal done in 7–10 days with a non-institutional lender, structured open so you can exit early with no penalty.

Funds in 7–10 days
Months 1–11 · Fix

Repair the file

Work the specific issue that knocked you out of bank channels, with a clear target to hit.

Target: bank-ready file
Month 12 · Exit

Re-broker to a bank

Once the file qualifies, we move you to an A or B lender at standard rates, the day your situation supports it.

Back to prime pricing

We start lining up your next step 60–90 days before maturity, never at the last minute. Surprises at maturity are the single most expensive thing that happens in private lending, and we don't let them happen.

When timing or fit knocks you out

When a private mortgage makes sense.

Private financing is the right tool when the banks' rules don't fit your reality yet. Not as a permanent product, but as a bridge over a specific obstacle.

01

Bruised credit

Recent late payments, a consumer proposal, or a discharged bankruptcy that hasn't aged enough for A-lender approval.

02

Income that doesn't fit a box

Newly self-employed, commission-heavy, or cash-business income that banks can't underwrite cleanly.

03

Time-sensitive closings

You've made an offer and your bank approval fell through with two weeks to close.

04

Tax arrears or judgments

CRA or property-tax debt that needs to be cleared before any bank will lend.

05

Equity take-outs

Divorce buyouts, business injection capital, or bridging between two properties in unusual situations.

06

Power of sale rescues

Refinancing out of a foreclosure-imminent situation before it becomes irreversible.

Not the right tool if you qualify for bank financing. Private rates run 3–6 percentage points above prime, and the cost adds up fast if you sit in a private mortgage too long. That's exactly why we map the exit before anything else.

What it actually costs

The all-in cost, before you sign.

Most private lenders cap first mortgages at 75% of value and seconds at 80–85% combined. Rates and fees vary widely, so set your numbers and see the real picture. We disclose everything before you commit.

Loan amount$200,000
Interest rate9.50%
Lender fee2.0%
Interest-only payment
$1,583/mo
on $200,000 at 9.50%
Lender fee (at funding)$4,000
Broker fee (1–2%)$3,000
Legal + appraisal (est.)$2,500
Up-front cost to close$9,500

An illustration only. Most private mortgages are interest-only, so the principal stays put until you refinance or sell. We compare offers across multiple private lenders, and we've placed deals at 8% that were quoted at 13% elsewhere.

We're brokers, not lenders

What we do.

1

Map the exit before quoting

What needs to change, whether that's credit score, income proof, or tax arrears, so you can refinance to an A or B lender in about 12 months. The exit drives the whole structure.

2

Compare offers across lenders

Private rates and fees vary widely. We've placed deals at 8% and seen the same file quoted at 13% elsewhere. Shopping it is the single biggest lever on cost.

3

Structure for flexibility

Open prepayment privileges, no penalty for early payout, no renewal fees, so the moment you can exit, nothing stands in the way.

4

Coordinate the exit

When the time comes, we re-broker you out to a prime lender on the day your credit and income recover. We don't have a portfolio to protect, so we work for you.

We don't have a book of business to protect. We work for you, and the goal is always to make the private mortgage temporary.

Got a deal the bank won't fund?

No commitment to start. Tell us the situation and the timeline, and we'll tell you whether private is the right move and what the exit looks like.

Speak with a broker

Common questions

Private mortgage questions, answered.

Not sure which option fits?

Tell us about your situation. We'll match you to the right product and lender.

Start pre-approval
See the exit plan Call