Dominion Lending CentresPart of the DLCG, Canada's #1 mortgage originator · $84.5B in 2025.
Private · Equity Take-Out

Equity take-out financing.

Capital out of property you already own — in days, without income qualifying, benchmarked honestly against the bank route. BC and Alberta.

Opportunity and trouble share a habit: neither waits for bank underwriting. A private equity take-out converts owned real estate into usable capital on the timeline the situation actually demands — and because that speed carries a price, the discipline is everything: the cheapest route gets priced first, the exit gets agreed before funding, and the private lane is used only where it genuinely earns its premium.

What we fund

Equity, redeployed.

Fast capital from owned property

Equity out of a home, rental, or commercial asset — in days, not approval cycles.

Business injections

Working capital, buyouts, and opportunities funded from real estate instead of expensive corporate debt.

Down payment for the next asset

Equity redeployed as the deposit or purchase funds for the next property.

Debt & judgment resolution

Collections, judgments, and tax problems cleared at the source — see our CRA page for lien-stage files.

Second-position take-outs

The equity accessed behind a first mortgage you have no intention of breaking.

Bridge to a bank refinance

Capital now, at private pricing — refinanced to cheap money once the file supports it.

Structure comparison

Three routes to the same capital.

Private second (leave the first alone)
Best for: A good first mortgage plus an immediate need the bank won't fund fast enough
Leverage: To ~75% combined owner-occupied; ~65% on condos and rentals
Rate: Typically ~8%–11%, interest-only
Term: 6–24 months, open after a short closed period
Qualifying: Equity-based — no income qualifying

The workhorse take-out: nothing about your existing mortgage changes, the second delivers the capital, and it's structured to fold into a refinance at the first's renewal.

Private first (clean slate)
Best for: Free-and-clear property, or a first mortgage that's renewing anyway
Leverage: Up to ~75% LTV
Rate: Roughly 4.5%–10% — low-leverage files price near the bottom
Term: 6–24 months, interest-only, often open early
Qualifying: Equity- and exit-based

On owned-outright property this is the fastest meaningful capital in Canadian finance — an appraisal, legal work, and funds advance.

Bank/B-side take-out (the comparison we always run)
Best for: Files that can wait for underwriting and want the cheapest money
Leverage: Refinance to 80% LTV; HELOC portion to 65%
Rate: Bank pricing; B-side roughly 1–3% above with ~1% fee
Term: Standard terms
Qualifying: Income-qualified and stress-tested

If your file can qualify and your timeline allows it, this wins on cost — and we'll tell you so. Private take-outs earn their keep on speed and files banks can't read; see our HELOC & equity page for the bank-side detail.

Rates and leverage are typical ranges for illustration — last reviewed July 2026. Model your scenario with the equity take-out calculator and the financing fee calculator.

Case Studies

Files like yours.

Case studies for this category are being added — check back soon. In the meantime, see how we structure real files on our case studies page.
Equity take-out FAQ

Common take-out questions.

How fast can I pull equity out of my property?+

Privately: days to a couple of weeks with an appraisal in hand — the pace is valuation and legal work, not committees. That speed is the product; it's what you're paying the private premium for.

How much equity can I take out?+

Private firsts reach about 75% of value, seconds about 75% combined on an owner-occupied home (65% on condos and rentals). Bank refinances reach 80% but require full income qualifying and their own timeline — we price both routes side by side.

Do I need to income-qualify?+

Not on the private lanes — the equity and the exit carry the file. That's the entire point for retirees, business owners mid-year, and landlords with paper losses whose real capacity far exceeds their documents.

Second mortgage or refinance — which is cheaper?+

If your first mortgage carries a great rate or a big penalty, a second that leaves it untouched usually wins even at private pricing. If the first is renewing anyway, one clean refinance takes it. It's arithmetic, and we show you both totals in writing.

Is it risky to use home equity for a business or investment?+

It's leverage, and leverage cuts both ways: the loan is certain, the outcome isn't. Used with a real plan and a defined exit it's how a lot of businesses and portfolios get built; used to plug an open-ended hole it makes the hole bigger. We'll give you the honest version for your file, including 'don't.'

What's the exit from a private take-out?+

Agreed before funding, always: a refinance to B-side or bank money once the purpose is served, a sale, or scheduled incoming funds. Terms are short and often open so leaving early costs little — that's by design.

File preparation

Need capital moving? Have these ready.

Talk to a specialist

The capital's in the walls. Move it.

Address, balance, amount, purpose — four facts, and we'll price the private route against the bank route the same day.