Current Private Mortgage Rates in Ontario
Financing program for residential freehold and condominium properties in the Greater Toronto Area.
First Mortgages
Ideal for homes in the Greater Toronto Area. Maximum loan amounts are applicable. Options in 48 hours.
Get Options- Up to 75% LTV
- No minimum credit*
- One year term
- Pre-paid interest option
Second Mortgages
Ideal for consolidating debt, home improvements, or accessing your equity. Clear decisions in 48 hours.
Get Options- Up to 75% LTV
- No minimum credit*
- One year term
- Pre-paid interest option
HELOC's
Want access to equity but not just yet? Keep your options open for when you need them. Clear lending decisions.
Get Options- Up to 75% LTV
- No minimum credit*
- Flexible term
- No pre-payment fees
✽ What Determines Your Private Mortgage Rate?
What Actually Affects Your Rate
Equity
Higher equity = lower risk = better rate
Property Location
Toronto / GTA = stronger pricing
Loan Position
First vs second mortgage
Why Private Mortgage Rates Are Higher Than Banks
For many homeowners, the cost of waiting or being declined is higher than the interest rate itself.
✔ Banks = strict rules
✔ Private lenders = flexibility
✔ Equity-based
✔ Quick closings
✔ 24 hour approvals
✔ Bad or no credit OK
✔ No income OK
✔ No job OK
✔ Time to breathe
As a direct private mortgage lender in Ontario, Lendworth makes lending decisions based on property value and available equity — not credit score or income — with same-day decisions and funding often completed within 24–48 hours, giving homeowners the time and relief needed to protect their home and regain control.
Home Equity Lines
Flexible Access to Your Home’s Equity Anytime
First Mortgages
Fast, Flexible Financing When Banks Say No
Second Mortgages
Tap Into Your Equity for Cash Flow for Debt Relief.
Bridge Loans
Bridge Your Debt Before Selling Your Home.
Unlock Your Home’s Equity — Get Your Free Approval Now
Find out how much you can borrow today.
Calculate Your Interest-Only Payment
Enter your loan amount and interest rate to see your estimated payment. Adjust frequency and term if needed.
Who Qualifies?
Designed for Borrowers Who Don’t Fit Traditional Bank Requirements.
Own a home in Ontario
Have 20–25% equity
Credit is not the greatest
File already with lender’s lawyers
Bank declined you
Need urgent funding
How it works?
Request a Review
Submit your basic details — no documents needed upfront.
Receive Your Decision
We review your equity and property value to determine viable lending options.
Get Funded Fast
Funds are released once documents/appraisal are completed.
Trusted by Ontario Homeowners Who Need Fast, Flexible Private Mortgage Solutions.
Lendworth moves quickly to stop the process and protect your home.
More Loan Products We Offer
Explore more of our loan options below and find the one that best fits your needs.
Mortgage Solutions We Offer
We have a solution built around your home equity and your goals.
Lendworth helps Ontario homeowners move quickly using equity-based private lending — without complicated bank rules.
Ready for Fast, Flexible Financing?