First Mortgages
Get approved in as little as 24 hours, even with bruised credit, low income, self-employment, or urgent timelines.
Lendworth specializes in asset-based first mortgages that unlock your home’s equity when traditional banks say no.
Private lending built for real life.
Banks take weeks. We approve in hours.
Rates starting at 8.99%
Flexible income & credit requirements
First positions up to 75% LTV
Fast closings — often within 24–48 hours
Appraisal-based approvals with our proprietary valuation model
Ontario-wide coverage (with emphasis on GTA, Vaughan, Toronto, York Region)
No hidden fees
Clear terms, investor-grade compliance, and capital preservation focus
We lend based on the strength of the property, not endless paperwork.
Who qualifies for a first mortgage?
Perfect for homeowners who:
Need funds quickly for debt consolidation, renovations, bridge financing, or business capital
Are self-employed or have non-traditional income
Have credit challenges, collections, or past late payments
Were declined by banks or credit unions
Need a simple, stress-free private option
Want short-term financing without long-term penalties
If you own a property with available equity — you’re likely approved.
How can you use the money?
Your equity. Your choice.
Pay off high-interest debt
Renovate or upgrade your home
Buy an investment property
Cover tax arrears or CRA issues
Consolidate mortgages or loans
Refinance for lower payments
Fund a business or new project
Bridge a purchase while waiting for a sale
We tailor every mortgage to your goals.
Our lending criteria
Clear, simple, transparent.
Loan Amounts: $100,000 – $5,000,000+
LTV: Up to 75% depending on location & property type
Rates: Starting from 8.99%
Term Options: 1–24 months
Locations: GTA, Vaughan, Toronto, York Region, Simcoe, Durham, Peel, Halton and more.
Property Types: Residential detached, townhomes, semis, condos (case-by-case), multi-residential
We prioritize liquidity and location to protect both borrowers and our investors.
Trusted by Ontario Homeowners Who Need Fast, Flexible Mortgage Solutions.
Lendworth makes it fast, simple, and stress-free.
Top First Mortgage questions answered
Apply for a fast first mortgage approval
Approval can be issued in as little as the same day, and funding can occur within 48 hours, depending on your lawyer’s availability.
Because we specialize in asset-based lending, we can move much faster than banks, especially for urgent timelines.
No.
Most first mortgages with Lendworth do not require any income documents or traditional credit verification.
We lend primarily based on:
Your home’s equity
Property value
LTV ratio
Exit strategy
Even if banks say no, you may still qualify.
We lend up to 80% LTV, depending on property type and location. Urban detached homes qualify for the highest LTVs. Condos, rural homes, and multi-units may vary slightly depending on risk.
Rates depend on risk, area, and LTV.
Typical Ontario ranges:
First mortgages: often 7%–10%
Because private mortgages are short-term solutions, they focus more on speed and flexibility than long amortizations.
Yes.
Many borrowers use a first mortgage refinance to:
Pay off arrears
Stop a Power of Sale
Clear collections
Restructure debt
Avoid bank calls for payment
If you are behind on payments, we can help quickly — even same day in urgent situations.
More Loan Products We Offer
Explore more of our loan options below and find the one that best fits your needs.
Whether you’re exploring first mortgages, looking to tap additional equity through a second mortgage, or preparing for a new property with a purchase mortgage, Lendworth offers fast, flexible solutions for every situation. Homeowners who want to lower payments often choose a refinance, while those needing revolving access to funds may benefit from a home equity line of credit (HELOC). If you're buying before selling, our bridge loans provide seamless short-term financing, and borrowers with unique properties can take advantage of specialized land loans. For major renovations or new builds, our construction loans offer staged funding designed to keep your project moving without delay.
Mortgage Solutions We Offer
We have a solution built around your home equity and your goals.
Whether you need fast access to equity through private lending, flexible solutions designed for self-employed borrowers, or a clear path to debt consolidation, Lendworth provides efficient, borrower-focused options for every situation. Homeowners facing urgent timelines can rely on our support to stop power of sale, manage mortgage arrears, or secure specialized probate and estate loans during challenging transitions. When unexpected expenses arise, our emergency loans offer rapid funding, and clients navigating separation can benefit from our tailored divorce buyout loans that help preserve stability and protect their homeownership goals. Check our FAQs for more information.
Why Borrowers Trust Lendworth
We are a GTA-based private mortgage lender committed to transparency, fast turnaround, and strong investor-backed lending. Our approvals rely on real-world property values, ensuring you receive a fair and accurate offer every time.
Backed by Lendworth MIC’s disciplined underwriting process, we focus on capital preservation, efficient execution, and five-star service.