Your equity gets you approved. Your story shapes your rate.

A home equity loan is a loan secured by the equity you have built up in your property. It is often called a second mortgage, since your first mortgage is typically the loan used to purchase the home. Both work the same way and are registered against your property's title.

Banks are federally regulated and must follow strict lending criteria covering credit scores, debt service ratios, and income verification. This means an application backed by significant home equity can still be declined. We work with investment institutions and private lenders who are not bound by those restrictions and can approve your loan based primarily on the equity in your home. Reach out for a free assessment with no obligation to see how much you may qualify for.

Private home equity loans typically start at $30,000. Not sure whether your situation fits? Contact us and we will be happy to walk through your options.

As a private lender, you lend your own funds directly to a borrower and earn interest, with the borrower's real estate securing your investment. Many borrowers need private funds only temporarily. A bank may have declined them over a credit issue, an income interruption, or tax arrears despite strong equity in their property. Private financing bridges that gap until they qualify with a traditional institution again, at which point your loan is paid out. You can lend from personal savings, corporate funds, or registered accounts such as an RRSP or TFSA.

No. EquityApproved.ca is the mortgage brokerage that sources and arranges each transaction. You remain the direct lender and we never handle your money. Funds are disbursed and the mortgage is registered on title in trust through a real estate lawyer, so your investment is secured by the borrower's property from day one.

It is free. Contact us for information on becoming a lender and our onboarding process to learn more.