At Shelter Lending, we understand that not everyone fits into the traditional lending box. Many Canadians face credit challenges, irregular income, or unique financial situations that make it difficult to secure mortgage financing from banks. That’s where we come in. As an equity-based lender, we focus on the value of your property rather than rigid credit scores or income requirements, providing creative solutions to help borrowers access the funds they need.
What is an Equity-Based Lender?
Unlike traditional banks that primarily assess a borrower’s income and credit history, an equity-based lender focuses on the property itself. This means that if a borrower has substantial equity in their home or is purchasing a property with a strong value-to-loan ratio, we can offer financing solutions that wouldn’t be possible through conventional lenders.
Key benefits of working with an equity-based lender like Shelter Lending include:
- Approval Based on Property Value – We prioritize the real estate asset rather than strict income verification or credit scores.
- Flexibility for Self-Employed Borrowers – If your income is irregular or difficult to document, we can structure a mortgage solution that works for you.
- Access to Equity – Homeowners can tap into their property’s equity to consolidate debt, invest in renovations, or cover unexpected expenses.
- Solutions for Past Credit Issues – Whether you’ve experienced past financial setbacks or a low credit score, we focus on your future, not your past.
How We Help Borrowers with Unique Situations
We specialize in providing mortgage solutions for borrowers who might not qualify for traditional financing, including:
- Self-Employed Individuals – Entrepreneurs and small business owners with non-traditional income streams.
- Newcomers to Canada – Those without an established Canadian credit history.
- Real Estate Investors – Buyers looking to expand their portfolios with alternative financing.
- Individuals with Credit Challenges – Borrowers recovering from past financial difficulties who need a fresh start.
Accessing Your Home’s Equity
If you own a home and need to access its equity, we offer:
- Home Equity Loans – Borrow against your property’s value for renovations, investments, or personal expenses.
- Debt Consolidation Mortgages – Simplify high-interest debts into a manageable mortgage payment.
- Bridge Financing – Short-term loans to cover financing gaps between buying and selling a home.
Serving BC, AB, and MB
Shelter Lending provides mortgage solutions across British Columbia, Alberta, and Manitoba, focusing on communities with populations of 5,000 or more. Our local market knowledge and flexible approach allow us to serve borrowers in both urban and rural areas.
Find a Mortgage Solution That Works for You
If you’re facing financial challenges but have equity in your home or are looking to purchase a new property, Shelter Lending can help. Contact your Mortgage Broker today to explore your options and find a customized solution tailored to your needs.
Visit www.shelterlending.ca to learn more about our lending solutions and how we can support your financial goals.
