In a high-inflation, high-rent environment, the answer might surprise you — especially if you haven’t considered equity-based mortgage options from lenders like Lendworth.
🔍 2025: A Unique Moment in the Housing Market
As of June 2025, the Bank of Canada has held interest rates at 2.75%, and while that may not seem historically low, it’s a breath of fresh air compared to the rate hikes of the past two years. Home prices in the GTA are down from their peaks, and there’s a significant glut of listings, giving buyers more negotiating power.
At the same time, average rents in Toronto have surged, with 1-bedroom apartments renting for well over $2,400/month. That’s over $28,000 a year with zero equity gained.
🏡 The Case for Buying (Even If Banks Say No)
For many would-be buyers, the dream of homeownership has been stalled by:
- Tougher mortgage qualification rules
- Lower credit scores
- Self-employment or inconsistent income
- Lack of pre-approval from major banks
That’s where Lendworth comes in.
We offer private, equity-based mortgage solutions that look at the value of your home — not just your income or credit score. With rates starting from 8.99%, you can break out of the rental cycle and start building real wealth.
💡 Why Equity-Based Lending Works in 2025
Unlike traditional mortgages that rely on stress tests, income verification, and lengthy approvals, equity-based mortgages focus on:
- The loan-to-value (LTV) of the property
- The equity you currently have or can access
- A quick and common-sense approval process
This makes it ideal for:
- First-time buyers with strong down payments but inconsistent income
- Homeowners looking to refinance and buy an investment property
- Renters who are tired of paying someone else’s mortgage
📈 A Quick Cost Breakdown
| Scenario | Renting | Owning (Lendworth) |
|---|---|---|
| Monthly Cost | $2,400+ (avg GTA rent) | ~$2,300–$2,800 (equity-based mortgage) |
| Equity Built | $0 | YES ✅ |
| Flexibility | Limited | High (custom terms) |
| Tax Benefits | None | YES (for investment properties) |
🚀 Why Now? Why Lendworth?
With the Q2 fiscal year ending, many lenders are adjusting pricing and demand is set to spike in July. Acting now means:
- Faster approvals
- Better rates
- More inventory to choose from
At Lendworth, we provide:
- ✅ Quick Closings
- ✅ Custom Mortgage Solutions
- ✅ First & Second Mortgages
- ✅ Flexible Use of Registered Funds (RRSP, TFSA, etc.)
Ready to Make the Move?
Don’t let outdated lending rules keep you stuck in the rental trap. Explore smart homeownership options with Lendworth’s equity-based mortgage programs today.
📞 Contact us for a free consultation or visit www.lendworth.ca to apply online in minutes.