Canadian Mortgage Lender Directory
Who they are, what kind of institution, what they lend on, and which files each one suits. Every bank, credit union, monoline and private lender operating in the Canadian broker channel.
Align Mortgage Corporation
Private MICOntario
Ontario borrowers whose credit or debt ratios rule out a bank, and who can document how the mortgage will eventually be repaid.
Alta West Capital
Private MICAlberta
Self-employed people, borrowers with impaired or rebuilding credit, and property investors who cannot meet a bank's qualification standards.
Antrim Investments
Private MICBritish Columbia
Homeowners with substantial equity who cannot document income or pass debt-servicing tests at a bank and need funding quickly.
Armada Mortgage Corporation
Private MICBritish Columbia
Builders, small developers and homeowners needing equity-based, construction or land financing in British Columbia, Alberta or Ontario through a broker.
Atrium Mortgage Investment Corporation
Private MICListed TSX: AIOntario
Self-employed owners, newcomers to Canada and property investors who need a short-term residential mortgage a bank will not write.
B2B Bank
Bank Schedule AQuebec · Laurentian Bank of Canada
Self-employed borrowers and rental property owners who want a chartered bank mortgage but do not fit standard bank templates.
Bloom Reverse Mortgages
Monoline Reverse mortgageOntario · Bloom Finance Company Ltd.
Homeowners aged 55 and older who want to draw tax-free funds from a principal residence without making monthly payments.
Calvert Home Mortgage Investment Corporation
Private MICAlberta
Alberta and Ontario property investors, self-employed owners and credit-rebuilding borrowers who need short-term financing arranged quickly.
Cambridge Mortgage Investment Corporation
Private MICBritish Columbia
Borrowers in eligible British Columbia, Alberta and Ontario communities needing short-term residential, construction or land financing through a broker.
Capital West Mortgage Inc.
Private MICBritish Columbia
Lower Mainland and urban British Columbia owners who cannot get conventional financing and have enough equity for a 75 percent loan.
CMI Canadian Mortgages Inc.
Private MICOntario · CMI Financial Group
Borrowers anywhere in Canada with damaged credit, variable income or a recent job or immigration change needing short-term financing.
CMLS Financial
MonolineOntario · nesto Group
Buyers and homeowners with standard income and credit who want a prime mortgage arranged through a broker.
3.92% 5-yr fixed
Community Savings Credit Union
Credit UnionBritish Columbia
British Columbia buyers and homeowners, including self-employed people whose income does not fit conventional bank documentation.
Cove Mortgage Ltd.
Private MICBritish Columbia
British Columbia homeowners with equity who do not meet bank criteria, including self-employed people and those needing bridge financing.
Dependable Mortgage Solutions Corp.
PrivateCanada
Alberta homeowners, self-employed borrowers and property investors who need private financing quickly or fall outside bank and B-lender rules.
Desjardins
Credit UnionQuebec
Quebec and Ontario buyers and homeowners with conventional, fully documented finances who want a member-owned cooperative lender.
DUCA
Credit UnionOntario
Ontario buyers and homeowners, including self-employed and bruised-credit applicants, who want a member-owned lender that judges files individually.
Effort Trust
Monoline Trust companyOntario
Southern Ontario borrowers with imperfect credit, self-employment income or a complicated file that a bank will not accommodate.
Envision Financial
Credit UnionBritish Columbia · Tru Cooperative Bank (formerly First West Credit Union)
Fraser Valley and Lower Mainland buyers and homeowners who want a cooperative lender that underwrites files in-house.
EQ Bank
Bank Schedule AOntario · EQB Inc.
Borrowers of many kinds, from prime to self-employed, newcomer, bruised credit or investment, applying through a mortgage broker.
Equitable Reverse Mortgages
Monoline Reverse mortgageOntario · Equitable Bank (EQB Inc.)
Homeowners aged 55 and older in Alberta, British Columbia, Ontario or Quebec who want equity without monthly payments.
Farm Lending Canada
Private MICAgriculturalOntario · JV of AgriRoots Capital Management Inc. and FamilyLending.ca Inc.
Farmers, agribusinesses and rural property owners whose financing does not fit conventional lenders or Farm Credit Canada.
First National Financial
MonolineOntario
Buyers and owners working through a broker who want a large, established non-bank lender for a prime purchase, refinance or transfer.
FirstOntario Credit Union
Credit UnionOntario
Ontario buyers and owners happy to join a member-owned credit union, including those whose application needs a common-sense look rather than a rigid one.
Fraction Lending Inc
Monoline Reverse mortgageBritish Columbia
Homeowners in BC, Alberta or Ontario with substantial equity but modest or uneven income who would rather not make monthly payments.
Gentai Capital
Private MICBritish Columbia
Owners, developers or investors in BC, Alberta or Ontario with real estate equity who need short-term financing outside bank guidelines.
Glasslake Funding
Monoline Alternative lendingOntario · Bayview Asset Management, LLC
Self-employed people, newcomers and property investors in Ontario, Alberta or BC whose applications fall outside bank guidelines.
Haventree Bank
Bank Schedule AAlternative lendingOntario
Canadians who do not fit bank guidelines, including the self-employed, newcomers, and those with bruised or thin credit.
Home Trust
Monoline Trust companyOntario · Home Capital Group Inc., owned by Smith Financial Corporation
Borrowers who cannot document income conventionally, or who have thin or bruised credit, and want a long-established alternative lender.
4.04% 5-yr fixed
HomeEquity Bank
Bank Schedule AReverse mortgageOntario · Ontario Teachers' Pension Plan
Homeowners aged 55 or older who want to draw on home equity without regular payments while keeping title to the property.
Interior Equities
Private MICBritish Columbia
Okanagan-area owners with meaningful equity who need short-term financing quickly after a bank or credit union has declined them.
Lendfinity
PrivateOntario
Ontario borrowers with property equity who need private or bridge financing and will ask directly for terms the company does not publish.
Lendmax Capital MIC
Private MICCanada
Borrowers in Ontario, BC or Alberta with non-traditional income who need a first or second mortgage outside bank qualification standards.
Liahona MIC
Private MICOntario · Liahona Capital Inc.
Ontario owners and buyers, including in rural areas and on cottage or waterfront property, needing a short-term private mortgage.
M12 Capital MIC
Private MICOntario · M12 Mortgages Ltd.
Ontario borrowers who do not qualify with a conventional bank and need a first or second mortgage, residential or commercial.
Magenta Capital Corporation
Private MICOntario
Ontario homeowners, particularly outside the largest cities, needing a first or second residential mortgage without conventional income documentation.
Magnum Mortgage Corp
PrivateAlberta
Albertans outside bank guidelines, including the self-employed, people with damaged credit, newcomers and investors needing short-term money.
Manulife
Bank Schedule AOntario · Manulife Financial Corporation
Financially disciplined borrowers with variable cash flow who value flexibility in how their banking works over the lowest posted rate.
Marathon Mortgage
MonolineOntario
Prime borrowers buying, renewing, refinancing or switching lenders, who are comfortable arranging the mortgage through a broker.
MCAN Financial
MonolineOntario · MCAN Financial Group (MCAN Mortgage Corporation)
Buyers with verifiable income who qualify for an insured mortgage, and self-employed or credit-repairing borrowers who do not.
MCAP
MonolineOntario
Prime borrowers purchasing, refinancing, renewing or transferring a mortgage through a broker, who want one company handling it throughout.
3.88% 5-yr fixed
Meridian
Credit UnionOntario
Ontario buyers and homeowners willing to become members, particularly where rental income, self-employment or the property is less conventional.
MERIX Financial
MonolineOntario · MCAP (via Paradigm Quest Inc.)
Prime borrowers wanting a lender that also services the mortgage itself rather than selling it on.
3.90% 5-yr fixed
Metropointe Mortgage Investment Corporation (MMIC)
Private MICCanada
British Columbia owners, builders and developers needing short-term or transitional financing, or equity taken out of an existing property.
National Bank - Optimum Mortgage
Bank Schedule AAlternative lendingAlberta · National Bank of Canada
Self-employed borrowers, people rebuilding credit, and rental property investors who want an alternative mortgage backed by a chartered bank.
Neighbourhood Holding Company Ltd.
Private MICBritish Columbia
Homeowners temporarily outside bank guidelines through self-employment, separation, an estate or a pending sale, needing short-term interest-only financing.
New Haven Mortgage Corporation
Private MICOntario
Ontario borrowers with equity in a marketable property whose income documents or credit score will not satisfy conventional lenders.
Ninth Avenue Capital
PrivateCanada
Commercial borrowers needing at least ten million dollars, and British Columbia urban residential borrowers outside conventional lender criteria.
NPX
Monoline Alternative lendingOntario · MERIX Financial (Paradigm Quest Inc.), owned by MCAP
Self-employed and non-traditional-income borrowers in Ontario, British Columbia or Alberta who fall outside insured and prime uninsured guidelines.
Oppono Lending Company
PrivateOntario
Ontario homeowners with equity in their property who cannot pass a bank's income and credit tests.
PHL Capital Corp.
Private MICBritish Columbia
Owners and buyers in British Columbia, Alberta or Ontario whose credit or income does not meet bank standards but who have equity.
Pioneer West Acceptance Corporation
Private MICBritish Columbia
Borrowers in British Columbia or Alberta needing short-term, equity-based financing outside bank criteria, including builders and owners of rural or agricultural property.
Privan Capital Inc.
PrivateCanada
British Columbia or Alberta owners with property equity whose credit, income or timing does not fit traditional lending guidelines.
Prospera
Credit UnionBritish Columbia
British Columbia buyers and owners, including self-employed people and acreage owners, who want a local credit union rather than a bank.
Questbank
Bank Schedule AOntario · Questrade Financial Group of Companies
Self-employed people or borrowers with imperfect credit who need a conventional, uninsured mortgage and are working through a broker.
Radius Financial
MonolineCanada
Buyers and owners anywhere in Canada working with a broker, including first-time buyers, newcomers to Canada and self-employed applicants.
Reliable Mortgages
Private MICBritish Columbia
Lower Mainland owners with damaged credit or unusual property types who want open financing with no prepayment penalty.
Renfi Capital Inc
Private Consumer directCanada
Ontario homeowners who want to borrow against their home online for renovations or to consolidate debt.
RESCO Mortgage Investment Corporation
Private MICOntario
Ontario homeowners with equity who need short-term residential financing and have credit problems, including a past bankruptcy or consumer proposal.
RFA
MonolineOntario · RFA Financial (formerly RFA Capital)
Borrowers who meet standard qualification tests, including first-time buyers, frontline workers and people buying a second home or rental property.
Richview Capital MIC Inc.
Private MICOntario
Ontario owners, builders and investors needing short-term first or second mortgage financing, including construction, bridge, land and commercial deals.
RMG Mortgages
MonolineOntario · MCAP
Salaried or self-employed buyers and owners across Canada who meet standard qualifying guidelines and are working with a mortgage broker.
Scotiabank
Bank Schedule AOntario · The Bank of Nova Scotia
Borrowers who qualify under standard bank criteria and want a large branch-based bank, reachable either directly or through a broker.
4.14% 5-yr fixed
Sequence Capital
Private MICMIC status unconfirmedCanada
Homeowners considering equity-based private financing, though almost nothing about the company is publicly confirmed and would need checking first.
SERVUS Credit Union
Credit UnionAlberta
Albertans who want a member-owned lender with a branch nearby, including first-time buyers, the self-employed, newcomers and rental property buyers.
Shelter Lending
PrivateBritish Columbia
Borrowers in BC, Alberta or Manitoba with unverified income, bruised credit or CRA arrears who need residential financing outside the banks.
Shinhan Bank of Canada
Bank Schedule IIOntario · Shinhan Bank / Shinhan Financial Group (South Korea)
Customers near its Toronto-area or Coquitlam branches, including Korean-Canadian clients, newcomers and small business owners with banking history partly overseas.
Solidity Group
Private MICOntario
Owners of homes, farms or investment property in small town and rural Ontario who need private financing outside the banks.
Strive
MonolineOntario
Borrowers working with a mortgage broker who want a prime mortgage, or an alternative one if they do not fit prime guidelines.
TD Canada Trust
Bank Schedule AOntario · The Toronto-Dominion Bank (TD Bank Group)
Borrowers who fit prime lending and want a large national bank reachable through branches, mobile specialists, digital channels or some brokers.
Tembo Financial
PrivateOntario
Ontario homeowners needing short-term financing against their property, such as bridging, renovation, debt consolidation or stopping a power of sale.
Three Point Capital
Private MICBritish Columbia
Owners with real equity and capacity to pay who fall outside bank guidelines and need a one to two year mortgage.
Unimor Capital Corporation
PrivateOntario
Borrowers in Windsor-Essex and southwestern Ontario needing residential, commercial, farm or land financing, privately funded or placed with an institutional lender.
Valley First
Credit UnionBritish Columbia · Tru Cooperative Bank (formerly First West Credit Union)
Okanagan, Thompson and Similkameen residents, including self-employed and seasonal earners and owners of rural, acreage or recreational property.
Versa Platinum Financial Corp
Private MICBritish Columbia
Lower Mainland buyers, owners, investors or developers who have been declined by A and B lenders, or who need funding quickly.
VWR Capital Corp.
PrivateBritish Columbia
Owners of marketable urban or suburban homes who hold equity but lack the income documents or credit history a bank requires.
WealthONE Bank
Bank Schedule AOntario
Newcomers, self-employed applicants and rental property investors whose circumstances need explaining rather than fitting a standard bank template.
No lenders in that category.
The four kinds of lender
Chartered banks. Convenient and familiar, rarely the cheapest, and the source of the most expensive break penalties in the market because their interest rate differential is calculated off posted rates rather than the rate you actually pay.
Mortgages and nothing else, sold through brokers. Best pricing in the market and usually the fairest penalty formulas. Most Canadians have never heard of them, which is exactly what this directory is for.
Provincially regulated, which means they are not bound by the federal stress test. That makes them the right answer for a specific and quite common kind of file.
Equity lenders — the property matters more than the borrower. Short terms, higher rates, lender fees, and speed. Right for a genuinely temporary problem, wrong as a destination.
Why we rate lenders
In today’s world, reviews dictate the service industry. Brokers have taken the hit for bad lenders. We bring the consumer experience to light to help borrowers decide.
Every profile carries five scores from borrowers who dealt with that lender: speed, rates, customer service, technology, transparency. We verify each review by email before it publishes, we publish the poor ones, and a lender with no reviews yet shows no rating at all rather than a flattering blank.
Questions
Is a lender I have never heard of safe?
The banks, credit unions and monolines here are regulated financial institutions whose mortgages are funded, securitised and serviced under the same rules as any bank's. A monoline you have never heard of is frequently the cheapest and fairest mortgage available to you — obscurity is a marketing outcome, not a risk signal. Private lenders and MICs are a different proposition and each profile says so.
What happens if my lender is sold or wound up?
Your mortgage contract travels with the debt. The rate, term and payment do not change; you simply pay someone else. It is one of the few things in a mortgage that genuinely does not need to worry you.
Why would a broker recommend a lender I cannot walk into?
Monolines have no branch network, no advertising budget and no chequing accounts to cross-sell, and they pass a good part of that saving into the rate. Everything is handled through the broker and then directly with the lender.
Do all of these lend everywhere in Canada?
No. Credit unions are usually provincial. Several monolines do not lend in Quebec. Many private lenders and MICs limit themselves to markets where property is easy to value. Each profile shows where the lender is based; confirm current lending areas with the lender or a broker.
What is the difference between a MIC and a private lender?
A mortgage investment corporation pools investor capital into a portfolio of mortgages under a specific tax structure, usually sold by private placement. In practice most MICs lend the way private lenders do — on equity, short terms, with fees — so we file them under private lending and note the MIC structure on the profile.
Which of these will take your file?
When you are ready to do something with these numbers, we will introduce you to a licensed broker who can put the file in front of lenders. Nothing here obliges you to.
Send us the file