Canada’s Alternative Mortgage Options | Outsmart The Banks Today!

This Canada non-bank lender specializes in alternative mortgages, pairing higher posted rates with experience serving borrowers who have challenging credit or trouble qualifying traditionally.
Its mortgages are available only through brokers, and some low-credit products may approve borrowers with scores near 580 if larger down payments are made.
For stronger pricing, borrowers generally need scores near 680. Minimum down payments start at 5%, step to 10%, and reach 20% by price tier.
Borrowers can choose fixed, variable, open, closed, renewal, refinance, self-employed, and bad-credit mortgages, plus prepay 15% yearly or raise fixed payments 15%.
Applications go through brokers only. After using the lender’s broker-connection tool, borrowers should typically hear from a broker within 2 business days.