No-qualify mortgages.
The property qualifies, so you don't have to — equity-based lending for the files paperwork can't carry. BC and Alberta.
Bank underwriting answers one question — can this person's documented income service this debt? — and for millions of property owners the honest answer is 'the documents don't show it.' No-qualify lending flips the question: is there enough real equity, and a credible way out? It's the oldest form of mortgage lending there is, it funds in days, and it goes wrong for exactly one reason — being used without an exit. We don't place those.
Equity does the qualifying.
Retirees, business owners between tax years, complex income — the property qualifies, you don't have to.
Scores, proposals, and past events priced into the deal rather than used to decline it.
Senior-position equity lending for purchases and refinances banks won't read.
Equity accessed behind an existing mortgage — without touching a good first.
Days-not-months funding when the calendar is the real problem.
Capital out of a property you own outright or nearly — for whatever the next chapter needs.
First, second — and the exit.
'No-qualify' means no income or credit test — not no assessment. The property, the equity cushion, and the exit plan are underwritten hard; that's what protects both sides.
The surgical option: your 2% first mortgage survives, the second does one job — consolidation, CRA, opportunity — and gets refinanced away at the first's renewal.
No-qualify money is a season, not a residence. Before we place the file, we agree in writing how it graduates — refinance, sale, or documentation catching up.
Rates and leverage are typical ranges for illustration — last reviewed July 2026 — and private pricing moves constantly. Fees are confirmed in writing before you commit; estimate them with the financing fee calculator.
Files like yours.
Common equity-lending questions.
Is a no-qualify mortgage real — no income, no credit check?+
Real, and long-established: the lender underwrites the property, the equity cushion, and your exit plan instead of income documents and credit scores. What it is not is unconditional — the assessment is rigorous, it's just aimed at the asset rather than the paperwork.
How much can I borrow with no income verification?+
First mortgages typically reach about 75% of the property's value (lower on condos and rural properties); seconds go to roughly 75% combined on an owner-occupied home and about 65% on condos and rentals. The equity cushion is the lender's entire security, so the ceilings are firm.
What does no-qualify money cost?+
Firsts run roughly 4.5%–10% — strong low-leverage files start near the bottom, most land around 6–9% — and seconds about 8%–11%, interest-only, plus lender and broker fees disclosed in writing before you commit. Expensive next to a bank; cheap next to a lost opportunity or a forced sale.
Who actually uses these mortgages?+
Retirees with real estate but modest taxable income, business owners mid-restructure, landlords with paper losses, inheritors settling estates, and buyers whose closing can't wait for a bank's paperwork cycle. The common thread is equity that's real and income documents that aren't ready.
How fast can a no-qualify mortgage fund?+
With an appraisal in hand, days to a couple of weeks — the pace is set by valuation and legal work, not committee approvals. It's the fastest fully secured lending available.
How do I get out of a no-qualify mortgage?+
By plan, agreed before funding: a refinance to Alternative or bank lending once documentation or credit catches up, or a sale on your schedule. Terms are short and often open precisely so the exit costs little — a private file without a written exit is a file we won't place.
The shortest checklist on the site.
That's the point of equity lending — the property does the talking.
- Property address and a realistic sense of value — we can order the appraisal
- Current mortgage statement(s) and property tax bill
- What the funds are for, and how much
- The exit: sale, refinance, or the date documentation catches up
- Photo ID and void cheque
- Lawyer's contact — independent legal advice is standard on private files
Equity real, paperwork complicated? Start here.
Address, mortgage balance, and what you need — that's enough for a same-day read on whether the file places, and at what cost.