Ontario's Trusted Private Mortgage Lender
Flexible Residential Mortgages Built for Real Life Situations.
Not every borrower fits a bank's checklist. At BNQ Financial, we assess every residential mortgage on its own merits — the property, the borrower's story, and the path forward. First mortgages, second mortgages, bridge loans, and equity take-out across Ontario, funded in as little as 24–48 hours.
in funded deal volume across our principals
Years of cumulative principal experience
Hours to commitment turnaround
Your Path to a Private Mortgage
Applying for a private mortgage doesn't need to feel complicated. BNQ Financial works through a network of FSRA-registered mortgage agents — professionals who know our products and are there to guide you from first call to funded deal.
Connect with a Licensed Agent
We only work with FSRA-licensed mortgage professionals, who’s Brokerage is registered with BNQ Financial. They know our products, our process, and how to structure your file for the best outcome. If you don't have a broker, we can connect you with one.
Share Your Scenario — No Judgment
Your agent collects the details of your situation — the property, the financing need, and your exit plan. We look at the full picture, not just a credit score.
Receive Your Term Sheet — Within 24–48 Hours
BNQ Financial reviews and responds with a clear term sheet. No moving goalposts. If we say yes, the deal is funded.
Close With Certainty
Your agent coordinates the closing alongside our team. Straightforward documentation, FSRA-compliant process, and a lender that is accountable to the finish line.
What are You Looking to Fund?
Our core product. First-position private lending for borrowers who need a lender that looks past the checklist.
For clients who don't qualify at an A or B lender — self-employed borrowers, those navigating a credit event, non-traditional income, or time-sensitive situations — BNQ Financial provides first-position private mortgages with speed and certainty. Open, closed, and partially open term options available.
IDEAL SCENARIOS
- Self-employed borrowers with non-T4 income
- Recent credit events or bruised credit history
- Clients in financial transition — divorce, estate, career change
- Urgent closings — declined elsewhere, firm timeline
Open terms, closed terms, and partially open terms available. 1- and 2-year terms.
Access equity without disturbing your existing mortgage. Fast approval, clear terms.
Second-position private mortgages for borrowers who need to access built-up equity without refinancing their existing first mortgage. BNQ Financial moves quickly and structures second mortgages around the borrower's exit strategy — not around a one-size-fits-all policy.
IDEAL SCENARIOS
- Debt consolidation without refinancing the first mortgage
- Home renovation — accessing built equity
- Business capital or investment needs
- Down payment assistance for an investment property purchase
Open, closed, and partially open 1-year terms. Metropolitan, urban, and suburban Ontario. Minimum and maximum loan amounts apply.
Short-term financing so your client can move forward without losing the deal.
Bridge financing covers the gap between buying a new property and selling an existing one. BNQ Financial provides fast-approval bridge loans designed for time-sensitive situations — so clients can act with confidence in a competitive market without waiting for sale proceeds.
IDEAL SCENARIOS
- Client has an accepted offer but existing property not yet sold
- Firm closing date with no room to wait
- Competitive market conditions requiring fast action
- Delayed sale proceeds on an existing property
Fast approvals. Interest-only payments during the bridge period. Flexible exit strategy structuring.
Access capital from your home — without qualifying at a bank.
For clients who have built significant home equity but cannot access a conventional refinance, BNQ Financial provides lump-sum equity release in either first or second position. No income qualification restrictions. Interest-only payment options available.
IDEAL SCENARIOS
- Debt consolidation — paying down high-interest obligations
- Home renovation and improvement financing
- Business investment or working capital
- Tax obligations — CRA payments or other time-sensitive liabilities
First or second position depending on scenario. Lump-sum capital release. Interest-only payment options.
Scale your portfolio beyond what banks will allow. No property count caps.
Banks limit how many properties they will mortgage for a single investor — typically cutting off at five or six. BNQ Financial doesn’t impose portfolio caps. For real estate investors building or refinancing a portfolio of 1–4 unit residential rental properties, we assess each property on its own merits: the asset, the rental income, and the equity position. First and second position available.
IDEAL SCENARIOS
- Investor has reached the bank’s property count limit and needs to keep growing
- Refinancing a rental to pull equity for the next acquisition
- Self-employed investors with non-traditional income documentation
- Adding a property to a portfolio while existing rentals are already mortgaged at institutional lenders
1–4 unit residential rental properties across Ontario. First and second position available.
Mortgage Brokers: Your Clients, Your Deal, Our Capital.
BNQ Financial is a broker-first residential lender. Every residential mortgage we fund comes through a registered mortgage agent — we don't go around you, we work through you. If you have a deal that needs private capital, we have the platform and the capital to close it.
Key Points
- 24-48 hour term sheets
- Certainty of funding — committed capital, no syndication required
- Commitment letters — clean commitments that match borrower disclosure requirements
- Submit via Finmo, Velocity, Filogix, Scarlett, or BOSS
- FSRA-compliant documentation on every file
Our Professional Associations
Testimonials
FAQs on Private Residential Mortgages
What is a private mortgage lender in Ontario?
A private mortgage lender in Ontario is a FSRA-licensed lender that provides mortgage financing outside of the traditional bank and institutional lending system. Private lenders like BNQ Financial assess each deal on its own merits — the property, the equity position, and the borrower's situation — rather than applying a rigid qualification checklist. This makes private mortgages a practical option for real estate investors, self-employed borrowers, borrowers going through financial transition, those with bruised credit, or borrowers in a time-sensitive situation
How do I qualify for a private mortgage in Ontario?
Private mortgage qualification in Ontario focuses primarily on the property's value, the amount of equity available, and a clear exit strategy — the plan for repaying or transitioning out of the mortgage. Unlike bank mortgages, private lenders place less weight on income documentation. BNQ Financial's residential mortgages are available through our network of FSRA-registered mortgage agents, who will assess your scenario and structure your file for the best possible outcome.
How fast can I get a private mortgage in Ontario?
BNQ Financial issues residential mortgage commitments in as little as 24–48 hours from a complete submission. For time-sensitive closings, our team is structured to move quickly without compromising the quality or certainty of the commitment.
What is the difference between a first and second private mortgage?
A first private mortgage is registered in first position on title, meaning it has priority over all other registered charges. It is typically used when a borrower does not have an existing mortgage or when refinancing entirely. A second mortgage is registered behind an existing first mortgage on title. It allows borrowers to access equity without disturbing their current first mortgage — useful for debt consolidation, renovations, or accessing capital without refinancing. BNQ Financial offers both products across Ontario.
Do I need a mortgage broker to apply for a BNQ Financial mortgage?
Yes — BNQ Financial's residential mortgage products are available exclusively through FSRA-registered mortgage agents who are registered with BNQ Financial. We believe the broker channel produces better outcomes for borrowers: you receive expert guidance, deal structuring support, and an advocate in your corner throughout the process. If you don't currently have a mortgage broker, contact us and we will connect you with a licensed agent in your area.
What areas does BNQ Financial lend in?
BNQ Financial currently provides residential private mortgage financing across Ontario, including the Greater Toronto Area, Hamilton, Ottawa, and surrounding communities. Our lending area covers metropolitan, urban, and suburban Ontario properties. Contact our team to confirm coverage for a specific property location.
About
BNQ is a broker-centric lender, we are built for brokers who mean business. That means faster decisions, cleaner commitments, and no slowing down your deal.
Brokers
Broker Advantage Program
Why BNQ
Register Your Brokerage
Deal Submission Checklist
Borrowers
First Mortgages
Second Mortgages
Bridge Loans
Equity Take Out
Lending Criteria
BNQ Financial
1670 North Service Rd E Unit # 105
Oakville, ON L6H 7G3
Phone: +1 833-800-1444
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