Tembo Financial Mortgage Lender Profile
Generally for Ontario homeowners needing short-term financing against their property, such as bridging, renovation, debt consolidation or stopping a power of sale.
Who they are
Tembo Financial Inc. Is a private lender based in North York, Ontario. It funds mortgages from its own balance sheet and states plainly that it is a direct private lender rather than a mortgage investment corporation, a structure it says lets it focus on service and speed. It is licensed by the Financial Services Regulatory Authority of Ontario under licence 12598 and lends only within Ontario, covering urban and rural markets from Toronto and Ottawa through Hamilton, Mississauga and dozens of smaller municipalities. You can approach Tembo yourself as a homeowner, and it also works with mortgage brokers and realtors. It does not publish a founding date.
What they lend on, and who for
Tembo lends in first, second and third position on owner-occupied homes, rentals, cottages, waterfront and investment properties, and considers commercial and industrial security, including warehousing and self-storage, case by case. Its products cover equity advances, bridge financing, deposit loans for a home or rent deposit, renovation loans, debt consolidation and power-of-sale rescue. Terms typically run up to one year with renewal options, and it offers open terms, flexible amortisation and multiple draws. The short terms mean this is financing for a defined period rather than the kind of long-term mortgage you would hold for years.
How to approach Tembo Financial
You can contact Tembo Financial yourself; nothing stops you. What you cannot easily find out is what they will actually accept. What loan-to-value they will genuinely go to on your property, what exit they want to see, what the lender fee comes to, and how fast they can fund — 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 | Private |
| Registered as | Tembo Financial Inc. |
| Head office | 265 Rimrock Road, Suite 208, North York, ON M3J 3C6 |
| Website | tembofinancial.com |
| Phone | 1-844-238-6717 |
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 Tembo Financial
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 Tembo Financial?
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 Tembo Financial
Is Tembo Financial a real mortgage lender?
Yes. Tembo Financial is a private based in Ontario. Its own site is tembofinancial.com.
What kind of lender is Tembo Financial?
Private — categorised in our directory as Private Lender. 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.
Should I go to Tembo Financial 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 Tembo Financial 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 Tembo Financial 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 Tembo Financial 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 Tembo Financial 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