List of Private and ‘B’ Mortgage Lenders in Canada

Click on a lender to see their rates and details, or click here to start a search of all lenders.

• Alta West Capital

  Alta West Capital is a privately-owned financial services company based in Alberta, Canada, operating since 1991. It specializes in alternative lending solutions catering to a range of financial needs. The services offered include mortgage financing, home financing, property finance, rental property investment, mortgage refinancing, debt consolidation, and borrower advisory services. With a seasoned team, Alta West Capital takes pride in providing unique financial solutions, especially through alternative lending routes, helping both mortgage professionals and borrowers achieve their financial objectives. The company leverages real estate in Canada to secure loans, ensuring a stable and predictable return for investors through its investment funds. As a reputable financial intermediary, Alta West Capital continues to build on its legacy of over three decades, assisting clients in making informed financial decisions and moving closer to realizing their dream.
  Private Lender

• Can Terra Financial

  Can Terra Financial Inc. is lender based in Kelowna, British Columbia, with over 30 years of experience in providing flexible mortgage products to borrowers in both British Columbia and Alberta​1​​. The firm is dedicated to offering equity-based financing solutions, placing a significant emphasis on the value of the property asset rather than solely on bank-centric qualification criteria. This approach positions Can Terra Financial as a viable alternative for borrowers who might not meet the stringent qualification criteria set by traditional banks. Their mission highlights servicing a growing segment of borrowers who find themselves unable to qualify with conventional lending sources due to ever-tightening policy changes. Unlike traditional banks, Can Terra Financial operates under fewer restrictions, which allows them to consider both 1st and 2nd mortgage financing options for a range of scenarios including flawed credit and self-employed individuals​.
  Private Lender

• CMLS Alternative

  CMLS Alternative Solutions is a flexible private lending solution from CMLS Financial, complementing their prime lending and <a href="https://www.mortgagestudio.ca/lenders/cmls-aveo/">AVEO product lineups</a>. This unique offering provides increased flexibility, tailored to suit a wider range of borrower needs. It's designed to make homeownership more achievable across Canada, especially for those who may not fit the traditional lending criteria. As part of CMLS Financial, a well-established mortgage lender, this program combines the company's strong financial background and client-focused approach to deliver bespoke mortgage solutions that help more Canadians realize their dream of owning a home.
  Private Lender

• CMLS AVEO

  The AVEO™ mortgage product line, offered by the Canadian lender CMLS, is an alternative mortgage option designed to accommodate the diverse and often unpredictable financial situations of individuals. AVEO's underwriting process places an emphasis on a broader spectrum of credit analysis. This method takes into account the full scope of a borrower's life situation, aiming to provide a more comprehensive evaluation of their creditworthiness. This approach has the potential to benefit those who may be unable to secure a mortgage through conventional lending channels.
  B Lender

• Equitable Bank

  Equitable Bank is a leading Canadian financial institution, well-known for its comprehensive suite of residential and commercial lending services. Founded in 1970 as The Equitable Trust Company, Equitable Bank offers a robust portfolio of alternative mortgage solutions, catering to a diverse range of customer needs. These residential lending services have been a cornerstone of the bank's offerings, helping clients navigate complex real estate scenarios. Equitable Bank's strategic focus on digital channels is embodied in EQ Bank, its direct banking brand launched in 2016, that has served to enhance its customer service capabilities. Notably, Equitable Bank also provides a popular reverse mortgage product, which allows senior homeowners to tap into the equity of their homes without having to sell or move. The bank's head office is located in Toronto, with additional branches in various Canadian cities. Equitable Bank, under its parent company EQB Inc., is listed on the Toronto Stock Exchange.
  B Lender

• First National Excalibur

  First National Financial is a leading non-bank lender in Canada, distinguished by its wide range of residential and commercial mortgage solutions. A key aspect of the company's offerings is its Excalibur program, an alternative residential mortgage product designed to cater to borrowers who may not meet the traditional lending criteria of mainstream financial institutions. By offering more flexible qualification requirements and personalized underwriting, Excalibur enables First National Financial to serve a diverse client base, ensuring a variety of mortgage needs are met. This commitment to alternative lending, in conjunction with its extensive portfolio of financial services, underscores First National Financial's influential position in Canada's mortgage lending industry.
  B Lender

• Fisgard

  Fisgard Asset Management Corporation is a Victoria, BC-based financial institution that has been locally owned and operated since 1994. Named after the historic Fisgard Lighthouse, the company symbolizes security, stability, and vision, reflecting these values in its operations. As a client-focused, independent Mortgage Investment Manager and Exempt Market Dealer, Fisgard caters to over 2600 investors from British Columbia to Ontario. The company offers flexible solutions for borrowers, providing residential and commercial private mortgage solutions, including residential first and second mortgages as well as multi-million dollar commercial, construction, and mezzanine loans. Over time, Fisgard has grown to be one of Canada's most respected mortgage investment managers with a specific focus on Mortgage Investment Corporations (MICs).
  Private Lender

• Haventree Bank

  Haventree Bank is a Canadian institution specializing in providing various residential mortgage solutions. Its alternative lending program plays a significant role in serving individuals who may not meet the traditional criteria of major banks. By providing flexible mortgage solutions, Haventree Bank addresses the needs of a unique segment of the Canadian population.
  B Lender

• Home Trust

  Home Trust, one of Canada's largest trust companies, offers a comprehensive range of services, including mortgages and deposit products. It is known for its alternative residential mortgage offerings, serving borrowers who may not meet the traditional requirements of major financial institutions. This commitment to alternative lending has helped Home Trust carve out a significant presence in the Canadian financial services sector.
  B Lender

• Neighbourhood Holdings

  Neighbourhood Holdings is a private alternative mortgage lender based in Vancouver, British Columbia, Canada. Established in 2015, the company provides competitively priced alternative first mortgages, aiming to fill the gap in a mortgage market predominantly controlled by traditional banks. With a mission to offer accessible and simple mortgage financing through common-sense lending practices, Neighbourhood Holdings caters to Canadians in search of residential properties. As of a recent update, the company has surpassed $300 million in assets under management, having funded nearly $900 million in alternative mortgages since inception. The firm employs modern industry technology to deliver fast, competitive short-term financing solutions.
  Private Lender

• Peoples Bank

  Also known as Peoples Trust, this bank offers a variety of financial services, including residential and commercial mortgages. Its residential mortgage division includes a robust alternative lending program, serving borrowers who may not qualify for traditional mortgage products, thus expanding the availability of home financing in Canada.
  B Lender

• Premiere

  Premiere Home Mortgage Ltd, established in 1985, specializes in non-bank, equity residential mortgage financing in British Columbia, Alberta, and Ontario. They focus on equity-based lending, catering to clients who may not qualify for traditional bank mortgages. Their services include handling complex financial situations like collections, judgements, tax issues, and bankruptcy. The team, with decades of experience in the financial services industry, ensures expertise in residential financing, purchase, refinance, and debt consolidation. Premiere Home Mortgage Ltd is regulated and licensed across three Canadian provinces, emphasizing compliance and reliability.
  Private Lender

• RFA Alternative

  Founded in 1996, RFA (Realty Financial Advisors) is a Canadian-owned real estate investment firm with substantial involvement in various real estate portfolios. The company entered the residential lending market in 2018 and expanded its presence in 2019 with the acquisition of Street Capital Bank. RFA Bank of Canada, a federally regulated Schedule I Bank, is a key player in RFA's operations, focusing on balance-sheet-based Alternative lending. As part of its strategic vision, RFA aims to offer more than just competitive rates, striving for recognition through a solutions-oriented product suite and excellent client experience in the alternative lending segment.
  B Lender

• Strive Capital Aspire

  Aspire by Strive Capital, launched in November 2023, specializes in alternative mortgage options. It caters to self-employed individuals, people with limited credit history, or those with unique financial needs. As the 'B' lending branch of Strive Capital, Aspire is recognized for its efficient process and willingness to find practical solutions for borrowers. This makes them a suitable choice for those needing a flexible approach to home financing.
  B Lender

• Three Point Capital

  Three Point Capital Corp., a private Canadian non-bank mortgage lender, specializes in providing residential mortgage financing solutions in British Columbia, Alberta, and Ontario. Catering to borrowers in urban communities, the company offers loans to those with the capacity to repay and significant real estate equity but who don't meet traditional financial institutions' criteria. Amidst tightening lending policies, Three Point Capital serves an expanding mortgage market segment, focusing on your needs as a borrower. Their strategic approach prioritizes repayment ability and invests in real estate sectors with acceptable risks to ensure reliable and flexible mortgage options for you
  Private Lender

• Vault Credit

  Vault Credit Corporation is a Toronto-based financial services firm dedicated to catering to the varied financial needs of borrowers. They provide a range of credit products including mortgages, which are crafted with flexibility to meet the individual requirements of borrowers. If you are looking to finance a home purchase, Vault Credit offers mortgage solutions that could be tailored to your financial situation. With a commitment to excellence, the company strives to deliver financial products that facilitate your goals. Operating in Canada, Vault Credit is a reliable entity that aims to simplify the borrowing process, making it a viable choice for individuals in need of mortgage financing.
  Private Lender

• VWR Capital

  VWR Capital Corp., established in 1993 and based in Langley, British Columbia, is a Mortgage Investment Corporation (MIC) that offers alternative mortgage financing solutions to individuals and businesses in Canada, particularly in British Columbia and Alberta. The corporation provides private loans which are primarily secured by first and second mortgages against properties. VWR Capital's residential lending platform is designed to provide a streamlined process for obtaining mortgage services, offering a more flexible approach in terms of income verification and credit score requirements. This flexibility allows for a broader range of clients to access mortgage financing tailored to their unique circumstances. Through its operations, VWR Capital continues to provide valuable financial solutions, contributing to the alternative lending landscape in Canada.
  Private Lender