Home Trust Mortgage Lender Profile
Generally for Borrowers who cannot document income conventionally, or who have thin or bruised credit, and want a long-established alternative lender.
Who they are
Home Trust Company is a federally regulated trust company and one of Canada's best-known alternative mortgage lenders. It operates from 145 King Street West in Toronto. It is the principal subsidiary of Home Capital Group Inc., which was acquired by Smith Financial Corporation in a transaction completed on 31 August 2023, taking the business private. The wider group also includes Home Bank, a federally regulated bank subsidiary, and the Oaken Financial deposit brand. Home Trust and Home Bank are both members of the Canada Deposit Insurance Corporation. Mortgages are distributed largely through the mortgage broker channel.
What they lend on, and who for
Home Trust is best known for alternative or near-prime residential lending. It serves self-employed borrowers, commissioned and contract workers, newcomers to Canada, and applicants with bruised or thin credit who cannot document their income in the conventional way. It also writes prime insured business, mortgages on residential rentals and small commercial mortgages, and it issues Visa credit cards and deposit products. Purchases, refinances and renewals are all supported. Its long track record and its willingness to use underwriting judgment are what it is known for. Guidelines and pricing change, so confirm current terms before you apply.
How to approach Home Trust
You can contact Home Trust yourself; nothing stops you. What you cannot easily find out is what they will actually accept. How they read self-employed income, which add-backs they allow, how they treat rental income, and what they will accept in place of the documents you cannot produce — none of that is published in full anywhere, and it moves.
A licensed broker who places files with lenders like this every week knows those criteria, and more usefully knows how to structure a file so it lands inside them rather than just outside. On anything that is not a straightforward salaried purchase, that structuring is most of the difference between an approval and a decline. It costs you nothing on a prime mortgage — the lender pays the broker when it funds.
| Lender type | Monoline · Trust company |
| Registered as | Home Trust Company |
| Head office | 145 King Street West, Suite 2300, Toronto, ON M5H 1J8 |
| Parent or group | Home Capital Group Inc., owned by Smith Financial Corporation |
| Website | hometrust.ca |
| Phone | 1-855-767-3031 |
Get notified 90 days before your renewal
Your lender contacts you at 30 days, when you have no time to shop. We reach you at 90 — early enough to lock a hold and personalize your offers.
Borrower ratings for Home Trust
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.
How quickly did they issue a commitment and get to funding?
Was the rate you got competitive for the product you qualified for?
Could you reach someone, and did they resolve things?
Portal, e-signing, document upload, online account — did it work?
Were the terms, fees and penalties clear before you signed?
Worked with Home Trust?
Score them on the five things above. We confirm every review by email before it publishes, and we publish the bad ones too.
Questions about Home Trust
Is Home Trust a real mortgage lender?
Yes. Home Trust is a monoline (trust company) based in Ontario, part of Home Capital Group Inc., owned by Smith Financial Corporation. Its own site is hometrust.ca.
What kind of lender is Home Trust?
Monoline — categorised in our directory as Trust Company. 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.
Who owns Home Trust?
Home Trust is part of Home Capital Group Inc., owned by Smith Financial Corporation. Ownership matters mainly because it tends to determine the funding source and, on a fixed mortgage, how the break penalty is calculated.
Should I go to Home Trust directly or through a broker?
You can approach them yourself. The reason most people do not is that a lender's real criteria — how income is read, what is accepted as documentation, what will be allowed as an exception — are not published, and they change. A broker who works with Home Trust regularly knows them and knows how to present a file to fit them, which on anything other than a simple salaried purchase is usually what decides the answer. On a prime mortgage it costs you nothing either way, because the lender pays the broker when it funds.
Would Home Trust approve me?
No profile page can answer that, and any site that tries is guessing. It turns on how your income is earned and how much of it a lender will count, your credit history, the property itself, and how much you need against what it is worth. Those are the questions a licensed broker asks before naming a lender — and they will tell you which ones realistically fit, this one included, and which would price it better.
Where does Home Trust lend?
Its head office is in Ontario. Lending areas change and are not always the same as where the lender is based — confirm current coverage with the lender or a broker before planning around it.
Would Home Trust take your file?
Send us the details and a licensed broker will tell you which lenders fit — this one included, and the ones that would price it better.
Send us the file