An introduction for brokering deals within Ontario only.

About Us

SaveCapital Financial Corporation is a coast-to-coast equity lender with its headquarters in Halifax, Nova Scotia. Here in Ontario the main office is in Concord. We have 75-100 million dollars available for Ontario this year.

SaveCapital Financial Corporation is in the Morty system, one step up from lenders like Scotia Bank.

We are an Equity Lender, we go by the value of the property only. In Ontario we do 1st and 2nd mortgages and in the rest of Canada (except Quebec) we do 1st mortgages only.

SaveCapital Financial is a Lender of Last Resort. We specialize in “C” clients:

¸ Beacon score below 600
¸ No employment verification
¸ Behind on payments
¸ No established credit
¸ Bankrupts
¸ New in the country, no SIN
¸ Power of sale
¸ Cottages and farms

We go by the value of the property ONLY. We do require full client information, but only to determine the terms and conditions of a mortgage. If you have been rejected by banks or brokers, we would be happy to look over your application.

Amortization

Maximum 25 years. Minimum amortization not less than term.

Bridge Financing

Only available if the borrower is selling an existing Property and has accepted a commitment for a new mortgage from us or another lender

Condominium

Maximum 75% LTV on all condos

Documentation required

A signed mortgage application and support documents.
An appraisal by one of our pre-approved appraisers

Equity Deals

Maximum 80% LTV in town, 75% out of town

Amortization	Maximum 25 years. Minimum amortization not less than term.
Bridge Financing	Only available if the borrower is selling an existing Property and has accepted a commitment for a new mortgage from us or another lender
Condominium	Maximum 75% LTV on all condos
Documentation required	A signed mortgage application and support documents. An appraisal by one of our pre-approved appraisers
Equity Deals	Maximum 80% LTV in town, 75% out of town