The Private Lender Built for Brokers.

Fast decisions. Flexible terms. A direct lender that moves when your client can't wait.

Submit a Deal → Register as a Broker

Need Funding When the Bank Says No?

We fund residential and commercial deals across Ontario — quickly, transparently, and without the runaround.

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FSRA Licensed #13618

Member

What We Fund

What Are You Looking to Fund?

Residential

First and second mortgages, bridge loans, equity take-out, and construction draws for residential properties across Ontario.

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Commercial

Land acquisition, commercial bridge loans, mixed-use, construction financing, and multi-residential for experienced operators.

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MIE — Invest with BNQ

BNQ Financial is a Mortgage Investment Entity offering accredited investors exposure to secured Ontario real estate debt.

Investor Overview →

Built Around the Broker.

BNQ is a direct lender — not a broker. That means faster decisions, cleaner commitments, and no middlemen slowing down your deal.

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24-Hour Term Sheets

We review and respond within one business day — so your client isn't left waiting.

Tiered Broker Program

Active, Priority, and Partner tiers with escalating benefits, SLAs, and white-label support.

Multiple Submission Channels

Submit via Finmo, Velocity, Filogix, Scarlett, or BOSS — whichever works best for your workflow.

Broker Feedback

What Brokers Say About Working With Us

"BNQ came back with a term sheet in less than a day. For a deal that had already fallen through twice, that speed made all the difference."

— [Broker Name], [Brokerage], Ontario

"They actually pick up the phone. Working with a real lender instead of a broker has completely changed how I handle private mortgage files."

— [Broker Name], [Brokerage], Ontario

"The commitment letter was clean, the process was straightforward, and my client closed on time. BNQ is now my first call on every private deal."

— [Broker Name], [Brokerage], Ontario

Learn Centre

From the BNQ Learn Centre

Visit the Learn Centre →

Private Lending Basics

What Is a Private Mortgage — and When Does It Make Sense?

For Brokers

How to Submit a Deal to BNQ: Step-by-Step

Ontario Market

Private Mortgage Rates in Ontario: What Borrowers and Brokers Should Know

FOR BROKERS · SUBMISSION CHECKLIST

Deal Submission Checklist.

Submit a complete file and we respond faster. Here's exactly what BNQ needs - broker down by product type - to review and issue a term sheet.

PRODUCT 01

First Mortgages

75%

MAX LTV

500

MIN BEACON

Our core product. First-position residential mortgages for borrowers who don't qualify at A or B lenders - self employed, bruised credit, non-traditional income, or time-sensitive situations.

Open Terms - 1.5% lender fee
1-year term
Broker sets own fee

1-2 yr

AVAILABLE TERMS

Ideal Scenarios

Self-employed with non-T4 income1-year term
Recent credit events or bruised credit
Clients in financial transition
Urgent closings - declined elsewhere

24h SLA

BNQ Financial responds to every complete submission within 24 hours. Incomplete files may delay our response. When in doubt, include more — not less.

Always Required.

Every residential submission to BNQ — regardless of product type — must include the following.

Document	Details
Mortgage Application Always	Completed application form from your submission platform (Finmo, Velocity, Filogix, Scarlett, or BOSS)
Property Address Always	Full address including postal code — we use this to confirm our lending area
Estimated Property Value Always	Broker's estimated value or recent comparables if appraisal not yet ordered
Requested Loan Amount Always	Include existing mortgage balances for LTV calculation
Beacon Score (approximate) Always	Minimum 500 required. Provide most recent bureau pull if available.
Borrower's Scenario Always	Brief narrative — why private lending, exit strategy, timeline. The more context, the faster we respond.
Desired Closing Date Always	Or urgency level if flexible

First Mortgage — Additional Requirements

Document	When Required	Notes
Appraisal	Always	BNQ approved appraiser preferred. Desktop appraisal may be accepted for lower LTV files.
MLS Listing or AVM	If no appraisal	Acceptable for initial review — formal appraisal required before funding
Title Search / Status Certificate	Condo units	Required for all condo submissions
Proof of Income	If available	Not required for equity-based deals. Include if it strengthens the file.
Purchase Agreement	Purchase deals	Fully executed APS required
Existing Mortgage Statement	Refinance deals	Most recent statement for all registered charges

Second Mortgage — Additional Requirements

Document	When Required	Notes
First Mortgage Statement	Always	Most recent statement. Balance must not exceed $1M.
Appraisal	Always	Required for all second mortgage submissions
Property Tax Statement	Always	Confirm property taxes are current
Title Search	Always	Confirm all registered charges and priority
Proof of Income	If available	Not required — equity-based underwriting

Bridge Loan — Additional Requirements

Document	When Required	Notes
Accepted Offer to Purchase (new property)	Always	Firm APS on the property being purchased
Listing Agreement or APS (existing property)	Always	MLS listing or accepted sale agreement on the property being sold
Existing Mortgage Statement	Always	All charges on the property being sold
Appraisal (new property)	If no MLS	Not required if active MLS listing is available
Bridge Period / Overlap Calculation	Always	Closing dates on both properties — we calculate carry cost

Equity Take-Out — Additional Requirements

Document	When Required	Notes
Appraisal	Always	Required for all ETO submissions. BNQ approved appraiser preferred.
Existing Mortgage Statement(s)	If refinancing	All registered charges against the property
Purpose of Funds	Always	Brief explanation — debt consolidation, renovation, business, etc. Helps underwriting.
Exit Strategy	Always	How does the borrower repay or refinance at term end? Critical for approval.