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.

Explore Your Options →

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.

Explore Residential →

Commercial

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

Explore Commercial →

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.

View Broker Advantage →

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

RESIDENTIALS · LENDING CRITERIA

Lending Criteria.

Everything a broker needs to know before submitting - property types, geography, LTV limits, and deal scenarios we can fund.

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

At a Glance

Key Parameters.

75%Max LTV — Residential

65%Max LTV — Condos / 2nd

500Minimum Beacon Score

24hMax Response SLA

Geography

Where We Lend

BNQ Financial lends primarily across Ontario. We are active in metropolitan, urban, suburban, and select rural areas.

✓GTA — Toronto, Mississauga, Brampton, Vaughan, Markham
✓Golden Horseshoe — Oakville, Burlington, Hamilton, Niagara
✓Ontario Secondary Markets — London, Kitchener, Barrie, Ottawa
✓Contact us for specific postal codes or rural inquiries

Eligible Property Types.

Eligible ✓

✓Single-family homes
✓Semi-detached and townhouses
✓Condominiums / strata (min. 500 sq ft)
✓Duplexes
✓Multiplexes up to 4 units

Not Eligible ✕

✕Condos below 500 sq ft
✕Student housing
✕Leased land properties
✕Active farms
✕Properties with significant structural issues
✕Commercial, restaurant, hotel, or institutional use
✕Raw land or land development

LTV by Product.

Product	Max LTV	Min Beacon	Term	Notes
First Mortgage — Purchase / Refinance	75%	500	1–2 yr	SFH and townhouses. 65% for condos and private sales.
Second Mortgage — Owner Occupied	75%	500	1 yr	Loan $75K–$500K. First mortgage balance max $1M.
Second Mortgage — Investment / Rental	65%	500	1 yr	Urban ON only.
Bridge Loan	65%	500	Short-term	ON market.
Equity Take-Out — 1st Position	75%	500	1–2 yr	Property equity and exit strategy drive the decision.
Equity Take-Out — 2nd Position	65%	500	1 yr	Subject to existing first mortgage.

Common Questions.

Our primary market is Ontario. We selectively consider deals in British Columbia and Alberta. Contact your BDM directly for out-of-province inquiries.

$75,000 for second mortgages. For first mortgages and bridge loans, contact us — we evaluate on a deal-by-deal basis depending on location and property type.

Minimum 500 across all products. We take a common-sense underwriting approach — we look at the overall deal, property, and exit strategy, not just the credit score in isolation.

Yes — condominiums and strata units above 500 sq ft are eligible. Maximum LTV is 65% for condos (vs. 75% for SFH/townhouses). Units below 500 sq ft, student housing, and leased land are not eligible.