EquityPath
    • Behind on Mortgage Payments
    • Power of Sale / Foreclosure
    • CRA & Debt Arrears
    • Access Capital / Liquidity
    • Buying a Property
    • Mortgage Renewal
    • Refinance
    • Self-Employed Mortgage
    • Banks Declined
    • • Declined: Purchase
    • • Declined: Renewal
    • • Declined: Refinance
    • • Declined: Loan / HELOC
    • • Exploring My Options
  • Private vs Bank
  • How It Works
  • FAQs
Private Mortgages · Canada

Private mortgages based on your home equity, not your income.

Behind on payments? Facing a notice? Bank said no? You have more options than you think.

Explore at No Cost

No CommitmentNo Credit Check2 Mins

27 yearsOf experience
21,000+Customers served
24–48 hrsFastest funding
60+Lenders compared
Start With Your Situation

Whatever You’re Facing, Let’s Find Your Way Forward

Pick what sounds like you. We’ll help you build a simple plan from there.

Behind on payments

Missed a payment or two? Catch up before it snowballs.

See how →

Power of sale notice

A notice doesn't mean it's over. We can stop it.

Get help →

Other debts or CRA

Roll CRA and card debt into one easier payment.

See how →

Need cash from equity

Unlock the cash sitting in your home, fast.

See how →

Self-employed

Income the bank can't see? Your equity can.

See how →

Buying a property

Bank too slow, or said no? Close anyway.

See how →

Renewing my mortgage

Lender won't renew? Stay in your home.

See how →

Bank said no

It happens every day, on purchases, renewals, refinances and HELOCs alike. And it's rarely the end of the road.

  • Purchase
  • Renewal
  • Refinance
  • Loan / HELOC
  • Exploring my options
Why banks decline →

Not sure where you fit?

Answer a few quick questions and see your options, free, private, no credit check.

Get Started for Free
How These Files Work

Every situation here has a way through

How a private mortgage actually gets structured, and where each homeowner ended up.

Purchase Rescue

The bank pulled financing two days before closing

4 daysTime to fund
$42KDeposit protected
12 mo.Back to a lender

A family had already sold their old home when their bank withdrew approval 48 hours before closing, over a new job's probation period. A private first mortgage funded in four business days on the strength of the property, not his tenure. They closed on time, kept the deposit, and refinanced with a bank a year later.

“The promotion that should have helped him is the exact thing that broke the deal.”

Keeping the Home

They had the house listed. They did not need to sell it.

$214KConsolidated
9 to 1Payments simplified
$0Selling costs

A couple with $214,000 across nine creditors were told by their bank the numbers no longer worked, and started preparing to sell. Their equity said otherwise: one private mortgage replaced nine payments with one, at roughly $1,600 a month less. The listing came down. They still live there.

“Selling would have cost them roughly $60,000 in commission and closing costs to solve a problem their own equity could already solve.”

CRA Arrears & Consolidation

$110,000 in CRA arrears and debt, cleared in one payment

$110KDebt cleared
$1,350Freed up monthly
71%Loan to value

Three unfiled tax years left a self-employed contractor owing CRA $46,000, plus $64,000 across cards and a line of credit. A private second mortgage behind their existing low-rate first cleared every balance in one closing and dropped monthly obligations by roughly $1,350.

“The tax bill was not the crisis. The $2,600 a month going nowhere was the crisis.”

Stopping a Power of Sale

Nine days before the power of sale date

6 daysTime to fund
$49KArrears & costs cleared
66%Loan to value

A medical leave led to arrears, then a notice of sale, while two calls to the bank went nowhere, a lender in enforcement cannot also refinance. A private first mortgage paid the existing lender out in full and cleared the arrears and legal costs in six days, ahead of the sale date.

“Every week of delay was adding legal costs to a balance that was already the problem.”

Self-Employed Renewal

Incorporated the business, and the bank stopped recognizing the income

58%Loan to value
1 yearBridge term
0Missed payments

Eleven years salaried, then incorporated, and a lender wanted two years of filed corporate financials that didn't exist yet. A low-LTV private first mortgage bridged a single year with zero missed payments, until a second year of financials brought the file back to an alternative lender.

“The income never changed. Only the way it was reported did.”

Good To Know

What is a private mortgage, and which type is right for you?

It’s a short-term loan based on what your home is worth, not your credit score or paperwork. People use one to buy, renew, refinance or unlock cash, then move back to their bank when things settle down.

Purchase Renewal Refinance Home Equity Loan Just exploring
Know The Difference

Private mortgage vs. bank mortgage: an honest comparison

Private lending costs more per month, and exists precisely because lenders can consider what banks can't. Here's the trade-off, with nothing hidden.

Private Mortgage
Factor
Traditional Bank
Home Equity and Property Value
What Lenders Look at?
Credit score, income & stress test
Not a Deciding Factor
Credit Score
Above 650+
1 day to 10 days
Funding Time
4–8 weeks
Considered with Equity
Behind Mortgage Payment / CRA Debt
Automatically Declined
Accepted
Self Employed / Stated Income
2+ years of income required
6–24 months
Term Length
1–5 years
How It Works

A simple four-step review

Tell us about your situation

A couple of minutes on your property, your mortgage and what you need.

We review your details

We look at your home's equity and match you with the right option.

Property & lender review

A quick appraisal confirms value, and the lender issues terms for you to review.

Legal closing & funding

The lawyers finalize everything and your funds are released.

Questions, Answered

Private mortgage FAQs

What is a private mortgage, in plain English?
It’s a mortgage funded by an investor or an investment company instead of a bank. They lend based on the equity in your home and your plan to pay them back, not on whether you tick every box on a bank’s checklist. It’s meant to be short term, usually one to two years, and meant to solve a specific problem and then be replaced.
Is a private mortgage only for people in financial trouble?
No, and that assumption stops a lot of people from asking. Plenty of private deals are business owners waiting on a tax year to catch up, homeowners clearing high-interest cards while they rebuild their score, investors closing faster than a bank can move, and families sorting out a separation. It’s a tool, not a verdict on your finances.
Why did the bank say no when I have so much equity?
Because banks don’t lend on equity. They lend on your ability to pass a standardized test, credit score, provable income, debt ratios and the federal stress test all have to line up at once. Miss one and the answer is no, even with $400,000 sitting in your home. Private lenders start from the equity first.
Why is the rate so much higher than my bank’s rate?
Because the money comes from somewhere different and the risk is different. A private lender is putting investor money into a file the banks already turned down, quickly, often in second position. The real question isn’t whether it costs more than your bank, it’s whether it costs less than the problem you’re trying to fix.
Do I have to pay anything before I get approved?
No, apart from an appraisal, and that money goes to the appraisal firm. If anyone asks for an application fee, a processing fee, or a deposit before you have a written approval in hand, stop and walk away. That’s the most common setup to watch for in this space.
How much equity do I need in my home?
As a rule of thumb, at least 20 to 25 percent of your home’s value left over after the new mortgage goes on. On a $700,000 home with $400,000 owing, that usually means somewhere between $125,000 and $160,000 is available. Below that, options narrow fast and pricing climbs.
How fast can I get the money?
Most files close in one to two weeks from application to funds. Truly urgent ones move faster when the appraisal and the lawyer are booked early. The two things that slow closings down are almost always a late appraisal and missing paperwork, both within your control.
Everyone keeps asking about my exit strategy. What does that mean?
It means the specific plan for how this mortgage ends: credit rebuilt enough to qualify at a B lender in twelve months, tax debt cleared, a house sold. If nobody can name the exit, this isn’t solving the problem, it’s postponing it.
How do I know if I’m being scammed?
Watch for guaranteed approvals before anyone has looked at your property, fees demanded before a written commitment, pressure to sign the same day, or no licence number you can verify. Any one of those is reason enough to stop.
Could I lose my house?
A mortgage is secured against your home, and that’s just as true of the one you have with your bank. The way to manage the risk is to be honest about whether you can carry the payment before you take it, not after. A good broker will sometimes tell you the numbers don’t work, that conversation is the whole value.
Ready When You Are

Your equity has been working for years.
Now let it work for you.

Get a confidential read on your options in minutes. No credit check to pre-qualify, no pressure, and a Specialist on every file.

Get Started for Free
Private Mortgages › Behind on Mortgage Payments
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Behind on mortgage payments

Behind on Payments? Here’s Your Way Back on Track.

Life happened, and a payment slipped. If you’re behind on mortgage payments, your equity can clear the arrears and bring your mortgage current, often in days.

GET MY CATCH-UP OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Stopping a Power of Sale

Nine days before the power of sale date

6 daysTime to fund
$49KArrears & costs cleared
66%Loan to value

A medical leave led to arrears, then a notice of sale, while two calls to the bank went nowhere, a lender in enforcement cannot also refinance. A private first mortgage paid the existing lender out in full and cleared the arrears and legal costs in six days, ahead of the sale date.

“Every week of delay was adding legal costs to a balance that was already the problem.”

Understand It Fully

What happens when you fall behind

Lenders escalate on a schedule: calls, then a demand letter, then legal action. Each step adds cost, and cuts your options.

  • Act in the first 60 days and almost everything stays fixable.
  • Missing a payment doesn't change what your home is worth.
  • Your equity can clear the arrears and reset the clock.

How it gets fixed

A second mortgage or refinance pays the arrears directly, so your first mortgage is current again.

  • Arrears, penalties and legal costs paid out, often in 5–10 days.
  • Interest-only options keep the payment light.
  • A written plan to get you back to a bank in 6–24 months.

At a glance

Typical funding time
5–10 days
Urgent files
24–72 hrs
Equity needed
~20–25%+
Credit score
Not a factor
Questions, Answered

Frequently asked questions

Can I pay it off early once I'm caught up?
Sometimes, and it's worth checking before you sign. Many private mortgages have a minimum interest period, often three to six months, which you owe whether you keep the loan that long or not. If you expect to refinance out early once your file stabilizes, negotiate that clause up front.
What if I still can't get out of it when the term ends?
You're not automatically in trouble, but speak up early. Most lenders will look at a renewal if you've paid on time. The files that go badly are almost always the ones where the borrower waited until the last few weeks. Ninety days out is the right time to start.
Will the bank take my house after one or two missed payments?
No, power of sale or foreclosure requires a legal process that typically starts only after roughly 90 days of arrears plus a formal demand. One or two missed payments is a solvable problem, especially if you act before legal escalation begins.
Can I get approved while I'm currently in arrears?
Yes. Private lenders expect arrears files, it's one of the most common uses of private lending in Canada. Approval rests on your equity and a sensible exit plan, not on your recent payment history.
Will catching up through a private mortgage hurt my credit further?
The opposite, usually. Paying out arrears stops further late reporting on your first mortgage, and on-time payments on the new loan begin rebuilding your score, which is exactly what gets you back to bank rates at exit.

The earlier you act, the more of your equity you keep.

A confidential read on your catch-up options takes minutes. No credit check to pre-qualify, no judgment, just a plan.

GET MY CATCH-UP OPTIONS

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Private Mortgages › Power of Sale / Foreclosure
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Emergency Funding · Priority Handling

Received a Notice? Here’s How We Stop It.

A power of sale notice feels final. Pay out what’s owed and it usually stops, often within 72 hours.

GET MY EMERGENCY OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Stopping a Power of Sale

Nine days before the power of sale date

6 daysTime to fund
$49KArrears & costs cleared
66%Loan to value

A medical leave led to arrears, then a notice of sale, while two calls to the bank went nowhere, a lender in enforcement cannot also refinance. A private first mortgage paid the existing lender out in full and cleared the arrears and legal costs in six days, ahead of the sale date.

“Every week of delay was adding legal costs to a balance that was already the problem.”

Understand It Fully

A notice is stoppable

Pay what's owed and the process generally stops, right up until the property sells.

  • Power of sale and foreclosure both end when the default is cured.
  • The earlier you move, the less it costs.
  • You choose next: stay and refinance, or sell at full value.

What it costs to wait

Emergency funding isn't cheap, but a forced sale costs far more.

  • Rushed sales often land 5–15% below market.
  • Legal fees keep growing and come out of your equity.
  • Stopping the sale usually protects tens of thousands.

At a glance

Fastest funding
24–72 hrs
File review
Same day, 7 days/wk
Equity needed
~25%+
Proceedings
Stoppable pre-sale
Questions, Answered

Frequently asked questions

I got a power of sale notice. Is it too late?
Often not, if there's enough equity and time left on the clock. The private mortgage pays your existing lender out in full and stops the process. This is the most time-sensitive situation in mortgage financing, every week of waiting removes options, so get someone to look at it now.
Is it too late if I've already received a notice of sale?
Almost never. Until the property is sold or a final court order issues, paying out the arrears and costs generally stops the process. The later you act the more it costs, but late is very different from too late.
Will a private lender really approve me during an active power of sale?
Yes, several lenders in our network specialize in these files. Approval rests on your equity and a credible exit plan. The active proceeding is priced into the deal, not a reason for decline.
Should I just let the lender sell, or sell it myself?
Selling yourself at market value almost always nets you dramatically more than a forced sale. If keeping the home isn’t the goal, a short private bridge that stops proceedings and buys 3–6 months to sell properly is often the highest-value move.

Every day on the notice clock costs equity. Stop the clock.

We work seven days a week. Tell us your situation now, or call us directly, either way, a Specialist reviews your file today.

GET MY EMERGENCY OPTIONS

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Private Mortgages › CRA & Debt Arrears
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CRA debt mortgage

CRA Debt or Maxed-Out Cards? Here’s Your Way Out.

A CRA letter and maxed-out cards feel like the end of the road. They’re a cash flow problem, not a character one. A debt consolidation mortgage can use your home equity to consolidate debt and clear CRA tax arrears in one payout.

GET MY DEBT PAYOFF OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

CRA Arrears & Consolidation

$110,000 in CRA arrears and debt, cleared in one payment

$110KDebt cleared
$1,350Freed up monthly
71%Loan to value

Three unfiled tax years left a self-employed contractor owing CRA $46,000, plus $64,000 across cards and a line of credit. A private second mortgage behind their existing low-rate first cleared every balance in one closing and dropped monthly obligations by roughly $1,350.

“The tax bill was not the crisis. The $2,600 a month going nowhere was the crisis.”

Understand It Fully

Why CRA Debt Blocks Everything Else

It’s rarely about how hard you’re trying. It’s about what a lien does to your file, regardless of your payment history.

  • CRA can register a lien and garnish wages without ever going to court.
  • Every month it sits unpaid, interest and penalties make it harder to outrun.
  • Banks won’t refinance around an open lien, so it has to clear first.

How It Gets Fixed

A loan against your equity can pay CRA and your cards directly. What’s left is one payment, not five.

  • CRA and cards paid out directly, often within 5 to 10 days.
  • One on-time payment rebuilds credit faster than five.
  • We'll say so if a proposal suits you better.

At a glance

Typical funding
5–10 days
Debt types
CRA, cards, collections, liens
Payment
Interest-only available
Equity needed
20%+
Questions, Answered

Frequently asked questions

I owe money to CRA. Can a private mortgage clear it?
Yes, and it's one of the most common reasons people use one. CRA can register a lien against your home, and once that happens no conventional lender will advance a dollar until it's gone. A private mortgage can pay the arrears, clear the lien, and put you back in a position to refinance normally later.
I have $60,000 in credit card debt. Can I roll it into my mortgage?
If you have the equity, usually yes. Credit cards at 20%+ are frequently costing more each month than a private mortgage at half that rate, even after fees. Put the full twelve-month cost of the mortgage beside the interest you're paying now and compare directly, if it doesn't win on paper, don't do it.
Can a private mortgage really pay off CRA and remove the lien?
Yes, CRA payout is one of the most common uses of private lending. Funds are sent directly from your lawyer's trust account to CRA; once the balance is settled, the lien is discharged from title and garnishments end.
Is it smarter to do a consumer proposal instead?
Sometimes, a proposal reduces unsecured debt but damages credit for years and doesn't remove a CRA lien from your home. If you have meaningful equity, consolidation usually preserves your credit trajectory and your property. We'll walk you through both honestly.
Will consolidating hurt my chances with the bank later?
It usually helps. Banks decline files with CRA arrears, liens and maxed revolving credit. A clean title, one well-paid account and falling balances is exactly the profile A and B lenders approve at exit.

One payment. Clean title. A route back to the bank.

See what consolidation looks like on your numbers before you talk to anyone. Free, confidential, no obligation.

GET MY DEBT PAYOFF OPTIONS

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Private Mortgages › Access Capital / Liquidity
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Home Equity Loans · Private HELOC

Need Cash? Your Home May Already Have It.

You’ve built real equity over the years. For the business, the reno, or life, it may be available in days, without touching your first mortgage.

GET MY EQUITY OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Separation & Spousal Buyout

Buying out a spouse before the income could support it

$225KBuyout & debt
70%Loan to value
13 mo.To conventional

A signed separation agreement needed a $185,000 buyout and $40,000 of joint debt cleared, but the remaining spouse's new job was three months old, too new for any bank to count. A private first mortgage closed the buyout in a single transaction, on a term timed to reach conventional qualification.

“The agreement was signed in March. The income would not qualify until January. The house could not wait.”

Understand It Fully

Which option fits

Both leave your first mortgage exactly as it is.

  • Lump sum, best for a project, purchase or payout.
  • Revolving, best if you'll draw repeatedly.
  • Breaking a low first mortgage usually costs more than a second.

Built for speed

Because the property qualifies, there's no stress test and no six-week wait.

  • $25K to $2M+, funded in days.
  • Interest-only and open terms available.
  • Best used when there's a clear way to pay it back.

At a glance

Loan range
$25K – $2M+
Max combined LTV
~75–80%
Funding speed
2–10 days
First mortgage
Stays untouched
Questions, Answered

Frequently asked questions

How much can I borrow?
Take your home's value, multiply by 0.80, and subtract everything already owing. A $600,000 home with a $350,000 mortgage leaves about $130,000 as a starting estimate, some lenders stop at 75%, some stretch higher in strong markets.
Can I get one on a rental or investment property?
Yes. Investors use private financing constantly, usually to close fast, pull equity out for the next purchase, or carry a property through renovations before moving it to a bank. Expect the lender to be a little more conservative on amount than on your own home.
Will taking a second mortgage affect my existing first mortgage?
No. A second mortgage registers behind your first; your existing rate, payment and term continue unchanged. Your first lender's consent generally isn't required.
How much equity can I actually access?
Most private lenders lend to a combined 75–80% of appraised value. Example: a $900K home with a $450K first mortgage supports roughly $225K–$270K of additional borrowing. our Specialist runs your exact numbers instantly.
Is a private HELOC or a lump-sum loan better for me?
A lump sum suits a defined one-time need; a revolving HELOC suits repeated draws. Rates and fees differ, so the honest answer depends on your pattern of use, a two-minute assessment narrows it quickly.

Your equity has been compounding for years. Put it to work.

Get your available-capital number and an honest cost breakdown in minutes, free, confidential, no credit check.

GET MY EQUITY OPTIONS

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Private Mortgages › Buy a Property
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Private Purchase Financing

Bank Too Slow? Here’s How to Close Anyway.

Bank too slow, or said no? With enough down payment, your deal doesn’t have to fall apart over their timeline.

GET MY PURCHASE OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Purchase Rescue

The bank pulled financing two days before closing

4 daysTime to fund
$42KDeposit protected
12 mo.Back to a lender

A family had already sold their old home when their bank withdrew approval 48 hours before closing, over a new job's probation period. A private first mortgage funded in four business days on the strength of the property, not his tenure. They closed on time, kept the deposit, and refinanced with a bank a year later.

“The promotion that should have helped him is the exact thing that broke the deal.”

Understand It Fully

Who this is for

With 20–25% down, the property does the heavy lifting, not your paperwork.

  • Deals where bank financing fell through.
  • Self-employed and commission income.
  • Rural, mixed-use or as-is properties.

How fast it closes

Most purchases fund in 5–10 days, and rescues can go faster.

  • Emergency closings have completed in 48–72 hours.
  • Written terms before you commit to anything.
  • Most buyers move to a bank within 8–14 months.

At a glance

Down payment
20–25%+
Closing speed
2–10 days
Income docs
Stated / bank statements
Typical exit
8–14 months
Questions, Answered

Frequently asked questions

Will they lend on my type of property?
Houses and condos in cities and suburbs are easiest. Rural acreage, seasonal or waterfront properties, and homes with a difficult history are still fundable, just by fewer lenders and at a higher cost. Condition counts too.
Can a private mortgage save a deal that's already firm?
Very often, yes, rescue closings are one of the most common private purchase files. Contact us the moment financing wobbles; with 5+ business days we can usually close on the original date, and sometimes with less.
I'm self-employed and my tax returns look thin. Do I qualify?
Almost certainly, with sufficient down payment. Private lenders accept bank statements, contracts and business revenue in place of T4 income, your real cash flow counts, not your tax strategy.
Can I use a private mortgage to buy a rental or flip?
Yes. Investment purchases, BRRRR acquisitions and fix-and-flips are core private-lending territory, including draw-based construction funding for renovation-heavy projects.

Don't lose the property over a paperwork problem.

Check your deal against 60+ private lenders in minutes. Free, confidential, and fast enough to matter before your closing date.

GET MY PURCHASE OPTIONS

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Private Mortgages › Mortgage Renewal
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Renewal Declined or Unaffordable

Renewal Trouble? Here’s Your Way Through It.

Lender won’t renew, or the new payment doesn’t fit? Either way, you don’t have to lose your home. There’s time to reset.

GET MY RENEWAL OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Self-Employed Renewal

Incorporated the business, and the bank stopped recognizing the income

58%Loan to value
1 yearBridge term
0Missed payments

Eleven years salaried, then incorporated, and a lender wanted two years of filed corporate financials that didn't exist yet. A low-LTV private first mortgage bridged a single year with zero missed payments, until a second year of financials brought the file back to an alternative lender.

“The income never changed. Only the way it was reported did.”

Understand It Fully

Why lenders decline renewals

It's usually policy, not you, many people declined at renewal never missed a payment.

  • Credit dipped below an automated cutoff.
  • The lender stopped funding your property type.
  • At maturity the full balance is due, that's the real deadline.

How the fix works

A private renewal pays out your lender on time, then buys you room to reset.

  • 6–24 month term, interest-only options.
  • Start 60–90 days out for the smoothest move.
  • We check cheaper lenders first when there's time.

At a glance

Ideal start
60–90 days pre-maturity
Term
6–24 months
Payment
Interest-only available
Stress test
Does not apply
Questions, Answered

Frequently asked questions

What happens when the term is up?
One of three things: you move to a bank or B lender, which is the goal on most files; you renew the private mortgage for another term, usually with a fee; or you sell. That's why the exit question comes up on day one, not month eleven.
My maturity date is only three weeks away. Is it too late?
No, private renewals have closed in under ten days many times. It's tighter and coordination matters more, but a payout before maturity is very achievable. start your free assessment today rather than tomorrow.
Why won't my own bank just renew me? I never missed a payment with them.
Renewals are re-underwritten against current policy, not your history with that lender. Credit changes, property-type policy shifts and portfolio decisions all trigger non-renewals for customers in perfect standing.
Will one private term hurt my chances of getting back to a bank?
No, done properly, it helps. A private term that keeps you out of default, paired with 6–24 months of clean payments and credit repair, is precisely the story A and B lenders approve at your next renewal.

The maturity date is fixed. Your options aren't, yet.

Every week before maturity is leverage. Get a confidential read on your renewal options in minutes, free and with no credit check.

GET MY RENEWAL OPTIONS

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Private Mortgages › Private Refinance
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Private Refinancing

Too Much Debt? Here’s How to Simplify It.

Too much debt, not enough month? A refinance based on what your home is worth can roll it into one payment you can live with.

GET MY REFINANCE OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Consumer Proposal Payout

Paying out a consumer proposal two years early

2 yrsRebuild accelerated
$31KProposal paid
63%Loan to value

Two years remained on a five-year consumer proposal, and the credit rebuild clock couldn't start until it was discharged. A private second mortgage paid it out in full immediately. Fourteen months later, both mortgages consolidated into one refinance with an alternative lender.

“The proposal was not the obstacle. The two years of waiting behind it were.”

Understand It Fully

What it can do that a bank can't

No stress test, your home's value does the heavy lifting.

  • Refinance even while behind on payments.
  • Clear CRA arrears and liens from title.
  • Buy out a partner on a single income.

Three common structures

We'll run the numbers and tell you which is cheapest for you.

  • Full refinance, when your current rate is already high.
  • Second mortgage, when your first rate is low.
  • Short bridge, around a sale or settlement.

At a glance

Max LTV
~75–80%
Stress test
None
Funding
5–10 days
Structures
1st, 2nd, or bridge
Questions, Answered

Frequently asked questions

Should I take a second mortgage or refinance the whole thing?
Mostly arithmetic. If your current mortgage carries a low rate from a few years ago, breaking it usually costs far more than adding a second mortgage behind it. If your rate is already close to today's, one consolidated mortgage is often simpler. Run both before choosing.
Can I pay it off early if things turn around?
Sometimes, and it's worth checking before you sign. Many private mortgages have a minimum interest period, often three to six months, which you owe whether you keep the loan that long or not. If your exit might come early, negotiate that clause up front.
Can I refinance if I'm currently behind on my mortgage?
Yes, arrears refinancing is core private-lending territory. The new facility pays out the old mortgage including arrears and penalties, and your payment history restarts clean. See our arrears guide for the full mechanics.
How much can I pull out?
Up to roughly 75–80% of appraised value across all mortgages combined, depending on property and location. our Specialist calculates your exact available amount from your property value and current balance in about two minutes.
Full refinance or second mortgage, how do I choose?
Mostly arithmetic: if your existing first-mortgage rate is below today's market, keeping it and adding a second is usually cheaper overall. If your first is already expensive or in arrears, a full refinance often wins. We run both numbers on every file.

Restructure now. Return to bank rates on schedule.

See your refinance numbers, available equity, likely payment, total cost to exit, before you commit to anything.

GET MY REFINANCE OPTIONS

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Private Mortgages › Bank Declined
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Mortgage application declined

Bank Said No? That’s Information, Not a Verdict.

A mortgage application declined by your bank stings, but it’s usually about their checklist, not about you. Once you know why the mortgage was denied, the alternative mortgage after a decline is usually clear.

GET MY OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Self-Employed Renewal

Incorporated the business, and the bank stopped recognizing the income

58%Loan to value
1 yearBridge term
0Missed payments

Eleven years salaried, then incorporated, and a lender wanted two years of filed corporate financials that didn't exist yet. A low-LTV private first mortgage bridged a single year with zero missed payments, until a second year of financials brought the file back to an alternative lender.

“The income never changed. Only the way it was reported did.”

Understand It Fully

The five reasons behind almost every bank decline

Decode the reason, and the path forward is usually obvious:

  • The stress test, you can afford the real payment, just not the +2% test rate.
  • Credit score, under the ~650 cutoff, often from one rough season.
  • Income paperwork, real income that doesn't fit the form: self-employed, commission, new job.
  • The property, rural, mixed-use, as-is, or multi-unit.
  • Existing debt, the very debt a refinance would clear.

None of these is about whether you'll repay, and every one has an equity-based answer.

What to do in the week after a decline

  • Ask why, you're entitled to the reason, and it drives everything.
  • Don't mass-apply, repeated credit pulls make things worse.
  • Compare in order of cost, another bank, then a B lender, then private. We check all three and tell you the cheapest yes.

At a glance

Declined files funded
Routinely
Approval basis
Equity, not template
Typical bridge
6–24 months
Exit target
A/B lender rates
Why Banks Say No

Whatever they declined, there's a way through

Find yours below, then let's talk about your situation.

Declined for a PurchaseDeal at risk, deposit on the line, how to still close.What works: lenders look at the property and your down payment, deals close in days.
Declined at RenewalA maturity deadline the bank created; how to beat it.What works: a private term pays out your lender on time while you reset.
Declined for a RefinanceThe catch-22 of being declined because of the debt you're consolidating.What works: equity-based refinancing clears the very debts the bank counted against you.
Declined for a Loan / HELOCWhen the bank won't lend you your own equity.What works: a private equity loan behind your untouched first mortgage.
Just Exploring My OptionsRecently declined, no deadline, build the smartest comeback.What works: an honest map of every route, bank, B-lender and private.
Questions, Answered

Frequently asked questions

Why did the bank say no when I have so much equity?
Because banks don't lend on equity. They lend on your ability to pass a standardized test, credit score, provable income, debt ratios and the federal stress test all have to line up at once. Private lenders start from the equity first.
Can I get a private mortgage with bad credit?
Yes, and it's the main reason people end up here. What matters is the story behind the score, a business failure, a divorce, an illness reads very differently to a lender than years of steadily missed payments.
Does a bank decline hurt my ability to get a private mortgage?
Not at all. Private lenders expect a decline in the file's history, it's usually why you're talking to them. Approval rests on the property, the equity and the exit plan.
Should I apply at other banks first before going private?
Ask us before you do. A targeted second application at the right lender can work; scattershot applications create hard-pull damage. We know which lenders bend on which criteria and check the cheaper tiers before recommending private.
How fast after a decline can private funds close?
Typically 5–10 business days from first contact, and faster when a deadline (a firm closing, a maturity date) demands it. The decline itself adds no delay.

Somebody's template said no. Your equity hasn't.

Diagnose your decline in two minutes and see the approval routes the bank never mentioned. Free, confidential, no credit pull.

GET MY OPTIONS

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Private Mortgages › Bank Declined › Declined for a Purchase
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mortgage declined for purchase

Purchase Declined? Your Deal May Still Be Saveable.

A mortgage declined for purchase, with a deposit on the line, is the worst kind of no. A purchase mortgage denied at the last minute is also one of the most common files a private mortgage purchase can save, often in days.

GET MY PURCHASE OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Purchase Rescue

The bank pulled financing two days before closing

4 daysTime to fund
$42KDeposit protected
12 mo.Back to a lender

A family had already sold their old home when their bank withdrew approval 48 hours before closing, over a new job's probation period. A private first mortgage funded in four business days on the strength of the property, not his tenure. They closed on time, kept the deposit, and refinanced with a bank a year later.

“The promotion that should have helped him is the exact thing that broke the deal.”

Understand It Fully

Why purchases get declined late

A pre-approval is a screening, not a commitment, final underwriting can undo it days before closing.

  • Income that doesn't fit the form.
  • The property itself.
  • The stress test at today's rate.

The rescue timeline

We run lender, appraisal and lawyers at the same time, not one after another.

  • Same day: file reviewed and terms quoted.
  • 24–72 hours: written commitment.
  • Then a plan to move to a bank in 6–14 months.

At a glance

Fastest rescue close
3 days
Down payment
20–25%+
Commitment speed
24–72 hrs
Typical exit
6–14 months
Questions, Answered

Frequently asked questions

How fast can I get the money?
Most files close in one to two weeks from application to funds. Truly urgent ones move faster when the appraisal and the lawyer are booked early, both within your control.
My closing is in five business days. Is that enough time?
Usually yes, if you start today. Rescue closings have completed in three business days with cooperative appraisers and lawyers. Every hour matters, start your free assessment now and flag the closing date.
Will the seller find out my financing changed?
There's no requirement to disclose your lender. As long as funds arrive at your lawyer's trust in time for closing, the transaction completes exactly as agreed.
What if my down payment is only 15%?
Below 20% is harder but not always fatal, a gifted top-up, a second property as additional security, or a vendor take-back can bridge the gap. Tell us your exact numbers and we'll map what's realistic.

The deal isn't dead until the closing date passes. Move now.

Same-day review on rescue closings. Check your deal with us or call, either way a Specialist sees your file today.

GET MY PURCHASE OPTIONS

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Private Mortgages › Bank Declined › Declined at Renewal
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mortgage renewal declined

Renewal Declined? Here’s Your Way Back In.

A mortgage renewal declined by your own bank isn’t the end of the road. A mortgage renewal denied is about policy, not you, and a private mortgage renewal can pay your lender out before maturity.

GET MY RENEWAL OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Self-Employed Renewal

Incorporated the business, and the bank stopped recognizing the income

58%Loan to value
1 yearBridge term
0Missed payments

Eleven years salaried, then incorporated, and a lender wanted two years of filed corporate financials that didn't exist yet. A low-LTV private first mortgage bridged a single year with zero missed payments, until a second year of financials brought the file back to an alternative lender.

“The income never changed. Only the way it was reported did.”

Understand It Fully

Why Your Own Bank Said No

It’s rarely you. It’s the file, re-checked against today’s rules, not your history with them.

  • Credit dipped below an automated cutoff since you signed.
  • New debt or a changed income picture pushed your ratios up.
  • The lender quietly stopped renewing your property type.

How It Gets Fixed

At maturity, the full balance comes due. That’s the real deadline, not the letter itself.

  • A renewal-focused refinance can pay out your lender on time, before maturity hits.
  • Interest-only options keep the payment manageable while we reset your file.
  • A clear path back to standard bank rates in six to twenty-four months.

At a glance

Ideal start
60–90 days before maturity
Term
6–24 months
Payment
Interest-only available
Stress test
Does not apply
Questions, Answered

Frequently asked questions

I'm self-employed and got turned down. Is private my only option?
Probably not, and nobody should tell you it is without checking. Alternative B lenders have programs built specifically for business owners that a bank branch won't consider, at rates well below private. Private lending makes sense when timing is tight or your last two tax returns don't reflect what the business is really doing now.
What actually happens if maturity passes and I haven't paid out?
You're in default even with perfect payment history, the lender can demand payment and eventually begin enforcement, adding legal costs weekly. It's avoidable and, if it's already happened, still fixable, but move immediately.
Should I try other banks before going private?
If you have 60+ days, yes, and we do that for you, checking A-lender switches and B lenders first. With under 30 days, a private option can be lined up in parallel, so a payout route exists either way. The worst plan is sequential applications that burn the calendar.
My renewal was offered but at a brutal payment. Same playbook?
Different playbook, that's payment shock, not decline. Re-amortization, a B-lender switch or blend-and-extend may fix it cheaper than private money. See our renewal guide, or ask us to compare the routes on your numbers.

Maturity is a hard deadline. Your payout should be ready before it.

See your renewal options this week, then let the cheaper routes compete against it. Free, and no obligation.

GET MY RENEWAL OPTIONS

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Private Mortgages › Bank Declined › Declined for a Refinance
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mortgage refinance declined

Declined for a Refinance? Here’s the Catch, and the Fix.

A mortgage refinance declined because of the very debt you wanted to pay off? When a refinance is denied for that reason, a private mortgage refinance breaks the catch-22, the debt gets cleared at closing.

GET MY REFINANCE OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Keeping the Home

They had the house listed. They did not need to sell it.

$214KConsolidated
9 to 1Payments simplified
$0Selling costs

A couple with $214,000 across nine creditors were told by their bank the numbers no longer worked, and started preparing to sell. Their equity said otherwise: one private mortgage replaced nine payments with one, at roughly $1,600 a month less. The listing came down. They still live there.

“Selling would have cost them roughly $60,000 in commission and closing costs to solve a problem their own equity could already solve.”

Understand It Fully

The catch-22

Banks score you as you are today, debt included. They can't credit the cleanup the refinance would do.

  • Your equity is the one number the debt can't distort.
  • Debts are paid off at closing, through lawyers.
  • Utilization drops the day it funds.

Getting back to a bank

The private loan builds the file the bank wanted to see.

  • Score often starts climbing within 2–3 months.
  • Most exit in 10–18 months.
  • If the numbers don't work, we'll tell you.

At a glance

Approval basis
Equity, not ratios
Debts cleared
At closing, via trust
Score recovery
Often 2–6 months
Typical exit
6–18 months
Questions, Answered

Frequently asked questions

The bank said my TDS/GDS ratios were too high. Does that matter privately?
Barely. Private lenders confirm you can carry the new (usually much smaller) payment, but there's no ratio formula gatekeeping approval, the equity does that. The consolidation typically improves your real ratios dramatically anyway.
Can the private refinance include my CRA balance and a lien?
Yes, CRA payouts and lien discharges are routine. Funds flow from the lawyer's trust directly to CRA; the lien comes off title, which is often the single biggest unlock for your eventual bank refinance.
Realistically, how soon could my own bank approve me after this?
Commonly 10–18 months, sometimes sooner. The drivers are utilization collapsing at closing and a clean payment record accumulating. We test the waters with lenders during the term so you exit the moment the file qualifies, not months later.

The bank will approve the cleaned-up file. Let's build it.

See your consolidation numbers, payout, payment, exit timeline, before deciding anything. Free, confidential, no credit pull.

GET MY REFINANCE OPTIONS

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Private Mortgages › Bank Declined › Declined for a Loan / HELOC
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HELOC declined

Bank Won’t Lend You Your Own Equity? We Will.

A HELOC declined, or a home equity loan declined, doesn’t change what your home is worth. When the bank declined your HELOC, a private lender often still will, funded in days, with your first mortgage untouched.

GET MY EQUITY OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Investor Equity

The rentals were performing. The lender had simply run out of room.

4th doorAcquired
$145KEquity deployed
70%Loan to value

Three cash-flow-positive rentals, all paying on time, and still a decline on a fourth, the lender simply capped how many doors it would finance for one borrower. A private second mortgage against existing equity funded the down payment directly. The portfolio moved to an investor-focused lender a year later.

“Three performing properties, and the decline had nothing to do with any of them.”

Understand It Fully

Why HELOCs are hardest

Banks underwrite HELOCs to their strictest standard, even when your equity is strong.

  • Often a 680+ score requirement.
  • Full income documentation.
  • And they test the whole limit as if you drew it all.

Your alternatives

Same equity, same house, considered on the property instead.

  • Lump sum from $25K to $2M+.
  • Revolving options for repeat draws.
  • Funded in 2–10 days, first mortgage untouched.

At a glance

Loan range
$25K – $2M+
First mortgage
Stays untouched
Funding
2–10 days
Income docs
Not the gatekeeper
Questions, Answered

Frequently asked questions

How much can I borrow?
Take your home's value, multiply by 0.80, and subtract everything already owing. That's roughly your ceiling, some lenders stop at 75%, some stretch higher in strong markets, so treat it as a starting estimate.
The bank said my credit score was too low for a HELOC. Does it matter privately?
Not as a gatekeeper. Private equity loans approve on the property and combined loan-to-value; your score influences pricing at the margins but doesn't decide the file.
Can I get a revolving private HELOC, or only a lump sum?
Both exist. True revolving private HELOCs are offered by select lenders in our network; where a lump-sum second is cheaper for your pattern of use, we'll say so. our Specialist narrows it in two minutes.
Will a private second mortgage block me from getting a bank HELOC later?
No, it's usually the bridge to it. Once your documentation or credit crosses the bank's threshold, the bank HELOC or a refinance pays out the private loan. That exit is written into the file from day one.

It's your equity. Access it on your timeline, not theirs.

Your available-equity number, an honest cost comparison, and a funding timeline, in minutes, free, confidential.

GET MY EQUITY OPTIONS

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Private Mortgages › Bank Declined › Exploring My Options
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Bank Declined · Exploring Options

Declined, But No Deadline? That’s a Good Place to Be.

No rush means no pressure. Take the time to pick the smartest route, not the fastest talker.

SEE MY OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Consumer Proposal Payout

Paying out a consumer proposal two years early

2 yrsRebuild accelerated
$31KProposal paid
63%Loan to value

Two years remained on a five-year consumer proposal, and the credit rebuild clock couldn't start until it was discharged. A private second mortgage paid it out in full immediately. Fourteen months later, both mortgages consolidated into one refinance with an alternative lender.

“The proposal was not the obstacle. The two years of waiting behind it were.”

Understand It Fully

Your five routes

Every declined homeowner is choosing between the same five moves.

  • Fix and reapply, cheapest, if you can wait.
  • Another bank, policies differ; be targeted.
  • B lender or credit union, the middle tier, right more often than people think.
  • Private, fastest, and worth it when the others say no.
  • Wait, sometimes patience is the play.

Watch out for

The post-decline market attracts bad actors. Walk away from any of these.

  • “Guaranteed approval” before anyone's seen your file.
  • Upfront fees just to look at your application.
  • Pressure to sign the same day.
  • Anyone who can't explain your exit in writing.

At a glance

Realistic routes
Five
Cheapest route
Often fix & reapply
Fastest route
Private, in days
Right route
Depends on the reason
Questions, Answered

Frequently asked questions

What's the difference between an A lender, a B lender, and a private lender?
A lenders are the banks, lowest rates, strictest rules. B lenders sit in the middle and work with bruised credit or self-employed income for a small rate premium. Private lenders are the third tier, used when the first two say no. Most people who think they need private should have B lending checked first.
How long should I wait before reapplying to a bank after a decline?
If you're curing a specific defect: as soon as it's cured, often 6–12 months for credit items, one tax cycle for income documentation. Reapplying with nothing changed just adds a hard pull. We'll tell you what 'cured' looks like for your file.
Do multiple mortgage applications hurt my credit score?
Multiple hard pulls in a short window do compound damage, though pulls within ~30–45 days for the same purpose are often scored as one. The fix is targeting: one right application beats five hopeful ones. We pre-screen against lender criteria so applications only go where they'll land.
Is talking to EquityPath going to end in a private-mortgage sales pitch?
No, and roughly half our consultations end with us recommending a route that pays us little or nothing: a B lender, a credit union, or waiting. The consultation is education-first by policy; our Specialist will walk you through the cheaper tiers before the private one.

You have time. Spend it choosing well.

Get the full options map, every route, honest costs, ranked for your file, before anyone pressures you into theirs.

SEE MY OPTIONS

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Private Mortgages › Self-Employed Mortgage
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self-employed mortgage

Self-Employed and Struggling to Get Bank Approval?

You have the income and often the down payment. What you don’t have is two years of tax returns that show it. A self-employed mortgage assessed on equity, not paperwork, may be the way through.

GET MY SELF-EMPLOYED OPTIONS

No obligation · No credit pull to start · 2 minute assessment

A Typical File

Sound familiar?

Self-Employed Renewal

Incorporated the business, and the bank stopped recognizing the income

58%Loan to value
1 yearBridge term
0Missed payments

Eleven years salaried, then incorporated, and a lender wanted two years of filed corporate financials that didn't exist yet. A low-LTV private first mortgage bridged a single year with zero missed payments, until a second year of financials brought the file back to an alternative lender.

“The income never changed. Only the way it was reported did.”

Understand It Fully

Private Mortgage Options for Self-Employed Homeowners

A bank measures you by your Notice of Assessment. Write-offs that are smart accounting become, on paper, a smaller income. That is the whole reason a bank declined a self-employed mortgage that any lender looking at the property would fund.

  • Two years of filed returns are the usual bank requirement, and a newly incorporated business rarely has them.
  • Legitimate write-offs reduce the income a lender is willing to count, even when cash flow is strong.
  • A private mortgage for self-employed borrowers is assessed on equity and the property, not on the return.

Whether you need a purchase, a self-employed refinance, or a self-employed mortgage renewal, the structure is the same: use the equity now, move back to a bank or B lender once the paperwork catches up.

When private mortgage self-employed lending makes sense

It is a bridge, not a destination. It is the right tool in three situations, and the wrong one outside them.

  • Timing is tight, a closing date or maturity date is fixed and a bank cannot move fast enough.
  • Your last two returns don't reflect what the business is actually doing now.
  • Credit is bruised as well as the income being hard to document.

If none of those apply, an alternative B lender with a business-for-self program is usually cheaper, and worth checking first. Anyone who tells you private is your only option without checking is not looking out for you.

At a glance

Assessed on
Equity and property
Tax returns
Not the deciding factor
Typical term
6–24 months
Stress test
Does not apply
Questions, Answered

Frequently asked questions

I’m self-employed and got turned down. Is private my only option?
Probably not, and nobody should tell you it is without checking. Alternative B lenders have programs built specifically for business owners that a bank branch won’t consider, at rates well below private. A private mortgage for self-employed borrowers makes sense when the timing is tight, when credit is also an issue, or when your last two tax returns don’t reflect what the business is really doing now.
Do I have to prove my income?
Not the way a bank makes you. There is no stress test on most private mortgages and no rigid ratio calculation. The lender does want comfort that you can make the payment, so bank statements, invoices, contracts, or prepaid interest inside the loan can all do the job depending on your situation.
I just incorporated. Why did that make things harder?
Incorporating is often the right tax decision and the wrong mortgage decision, at least temporarily. Lenders typically want two years of filed corporate financials. If you only have one, the file fails on paperwork rather than on risk, which is exactly the gap a short private term is built to bridge.
Can I do a self-employed refinance or renewal this way?
Yes. Purchase, refinance and renewal all work the same way here, the equity carries the file. On a renewal in particular, the deadline is maturity, not the letter, so starting 60 to 90 days out gives you the most room.
How do I get back to a normal mortgage?
By using the term deliberately. Most self-employed files exit within one to two years, once a second year of financials is filed or the credit profile has recovered. That exit should be named on day one, if nobody can tell you how it ends, it isn’t solving anything.

Your income didn’t change. Only the paperwork did.

See what a self-employed mortgage looks like on your numbers before you talk to anyone. Free, confidential, no obligation.

GET MY SELF-EMPLOYED OPTIONS

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Private Mortgages › Privacy Policy

Privacy Policy

How we collect, use and protect your personal information.

Last updated: August 2026

Who we are

EquityPath provides information and educational tools about private mortgages. We do not provide mortgage services or advice, and we are not a mortgage brokerage or a lender. EquityPath is partnered with Dominion Lending Centres A.I.M.I. Collective Mortgage Group, FSRA licence #13717, who may be introduced to you if you request an assessment. This policy explains what personal information we collect, why we collect it, and what we do with it.

What we collect

Contact details you give us, name, phone number and email address.

Details about your situation, the reason you contacted us, your timing, how you earn income, and the province and city of your property.

Technical information collected automatically, such as your device type, browser, and how you arrived at our site.

Why we collect it

To respond to your request and have a mortgage professional contact you.

To match your situation with lending options that may suit it.

To meet our legal, regulatory and record-keeping obligations as a licensed mortgage brokerage.

Who we share it with

Mortgage agents and brokers within our brokerage who work on your file.

Lenders, appraisers and lawyers, where needed to arrange financing you have asked us to pursue.

Service providers who host our systems, under agreements requiring them to protect your information.

We do not sell your personal information.

Your consent and your choices

We ask for your express consent before contacting you by phone, text or email, as required under Canada’s anti-spam legislation. You can withdraw that consent at any time and we will stop marketing contact.

You may ask to see the personal information we hold about you, ask us to correct it, or ask us to delete it, subject to our legal record-keeping obligations.

Credit checks

We do not obtain a credit report as part of the free assessment on this site. If your file proceeds and a credit report becomes necessary, we will ask for your consent first.

How long we keep it

We keep your information as long as needed to serve you and to satisfy the retention periods required of a licensed mortgage brokerage.

Cookies and analytics

We use cookies and similar technologies to understand how our pages perform and to measure advertising. You can control cookies through your browser settings.

How to reach our Privacy Officer

To ask a question, make a request about your information, or raise a concern, contact our Privacy Officer through the contact form on this site.

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Private Mortgages › Terms of Use

Terms of Use

The ground rules for using this website.

Last updated: August 2026

About these terms

By using this website you agree to these terms. EquityPath is a consumer brand, and Private Mortgage is the product offered under it.

Not a brokerage, not a lender

EquityPath is not a mortgage brokerage and not a lender, and provides information and educational tools only. EquityPath is partnered with Dominion Lending Centres A.I.M.I. Collective Mortgage Group, FSRA licence #13717. Any mortgage would be arranged by that brokerage and funded by a third-party lender, who alone approves applications and issues commitments.

Information, not advice

Everything on this site is general information. It is not financial, legal or tax advice, and it does not take your personal circumstances into account. Speak with a licensed mortgage professional before making a decision.

No guarantee of financing

Submitting an assessment does not create an application, an offer, or any obligation on us or on any lender. Nothing on this site is a promise that financing will be arranged, or arranged on any particular terms.

Rates, figures and estimates

Any rates, ranges, timelines or property values shown are illustrative estimates based on available market data. Actual terms are set by the lender and confirmed only in a written commitment.

Client stories

Scenarios shown on this site are illustrative composites. Details have been changed for privacy and they are not a prediction of your result.

Where we operate

Our programs are available in the provinces where we are licensed to arrange mortgages. Availability varies by province and by property, and some provinces are not served at this time.

Using this site

You agree not to misuse this site, submit false information, or attempt to interfere with its operation or security.

Third-party links

We are not responsible for the content or privacy practices of websites we link to.

Changes

We may update these terms and our policies from time to time. The version posted here is the current one.

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Private Mortgages › Disclosures

Disclosures

How EquityPath, the Private Mortgage product, and our partner brokerage fit together.

Last updated: August 2026

What EquityPath is

EquityPath is an information and education service focused on private mortgages in Canada. We publish plain-language guides, comparison tools and a free self-assessment.

EquityPath provides information and educational tools only. We do not provide mortgage services or advice, we are not a mortgage brokerage, and we are not a lender.

What happens with your assessment

The free assessment on this site is an information request, not a mortgage application. Completing it does not create an application, an offer, or any obligation on you or on anyone else.

With your consent, we share your details with a licensed mortgage professional who may contact you to discuss your situation. Any mortgage would be arranged by that licensed professional and funded by a third-party lender.

Who approves a mortgage

Only a lender can approve an application and issue a commitment. Nothing on this site is a promise that financing will be arranged, or arranged on any particular terms.

About the private mortgage product

A private mortgage is short-term financing secured against residential real estate, usually arranged for 6 to 24 months while a borrower resolves a situation and returns to conventional financing.

Costs are set by the lender and typically include a lender fee plus legal and appraisal costs. All costs are disclosed in writing by the licensed professional before you sign anything.

Estimates and examples

Any figures, ranges, timelines or property values shown are illustrative estimates based on available market data, not quotes.

Client stories are illustrative composites with details changed for privacy. They are not a prediction of your result.

Where the product is available

Private mortgage availability varies by province and by property. Applications for properties in Quebec cannot be processed at this time.

Mortgage brokering is regulated province by province. Any mortgage discussed with you would be arranged by a professional licensed in the province where the property is located, and that professional is responsible for providing their own licence details and disclosures. The notes below are general information about those regimes, not a statement of EquityPath’s own status.

Ontario residents

In Ontario, EquityPath is partnered with Dominion Lending Centres A.I.M.I. Collective Mortgage Group, FSRA licence #13717. Mortgage brokerages, brokers, agents and administrators in Ontario are licensed and regulated by the Financial Services Regulatory Authority of Ontario (FSRA) under the Mortgage Brokerages, Lenders and Administrators Act, 2006.

Only a licensed brokerage may deal or trade in mortgages in Ontario. Before you share documents or sign anything, you can confirm that a brokerage or agent is licensed by searching FSRA’s public registry at fsrao.ca. Ontario rules also entitle you to written disclosure of the mortgage terms, the costs of borrowing, and any fees or conflicts of interest, in advance of a commitment.

British Columbia residents

In British Columbia, EquityPath is partnered with Dominion Lending Centres A.I.M.I. Collective Mortgage Group. Mortgage brokering in the province is regulated by the BC Financial Services Authority (BCFSA). At the time of writing, activity is registered under the Mortgage Brokers Act. That statute is being replaced by the Mortgage Services Act, which comes into force on 13 October 2026 and moves the industry from registration to licensing, with new licence categories and conduct standards.

Whichever framework applies on the date you proceed, the professional arranging your mortgage must be registered or licensed with BCFSA, and you can verify their status through BCFSA at bcfsa.ca. British Columbia rules likewise require written disclosure of the cost of borrowing, fees, and any conflict of interest before you commit.

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EquityPath

Flexible private mortgage solutions. When traditional banks say no, we help you find another way forward.

Your Situation

  • Behind on Mortgage Payments
  • Power of Sale / Foreclosure Notice
  • Behind on Other Debts or CRA
  • Need Liquidity / Access to Capital
  • Self-Employed Mortgage
  • Want to Buy a Property
  • Need to Renew My Mortgage

Banks Declined

  • Why Banks Decline
  • Declined: Purchase
  • Declined: Renewal
  • Declined: Refinance
  • Declined: Loan / HELOC
  • Exploring My Options

Legal

  • Privacy Policy
  • Terms of Use
  • Disclosures
EquityPath provides information and educational tools only. We do not provide mortgage services or advice. EquityPath is partnered with Dominion Lending Centres A.I.M.I. Collective Mortgage Group, FSRA licence #13717 in Ontario and BC Financial Services Authority (BCFSA) in British Columbia.
Privacy Policy · Terms of Use · Disclosures
© 2026 Equitypath.ca. All rights reserved. The information provided is for general informational purposes only and does not constitute financial advice. Home values are estimates based on available market data. Consult a licensed mortgage professional before making financial decisions. Funding timelines, including any reference to 24 to 48 hours, describe the fastest files only and are not a commitment. Actual timing depends on your application, the property, and the lender’s underwriting process. Client stories and use cases shown on this site are provided by our mortgage partner, Dominion Lending Centres A.I.M.I. Collective Mortgage Group. Details have been changed to protect privacy, and figures are representative of typical files rather than any individual client. See our Disclosures for province-specific brokerage information.
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Step 1 of 4 · Your situationAll answers needed

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We wish we could help with this one

Private mortgage programs are secured against Canadian real estate, so without a property owned or being purchased, this isn’t something we can arrange, and we’d rather tell you straight than waste your time.

If your situation changes, a purchase in view, or a property in the family, we’d genuinely like to hear from you.

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We can’t help with Quebec properties right now

Our lending programs aren’t available in Quebec at this time, so we can’t process this request. We’re sorry, we’d rather tell you straight away than take your details.

If the property is in another province, change it on the previous step and we’ll pick things back up.

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