Alpine Credits
Direct private lender that has offered home equity loans and second mortgages since 1969, approving borrowers based on home equity rather than credit score or income. Lends up to 75 percent of appraised value to a maximum of $500,000. It lends British Columbia, Alberta, Ontario.
Prepayment-penalty method
Standard penalty (about three months' interest)
Breaking early is penalized at roughly three months' interest, an open-style penalty that is generally on the lower, more predictable end.
See what breaking a mortgage early could costWho it tends to fit
- Self-employed and business-owner borrowers
- Refinances and equity take-outs
General signals only. Approval depends on the full application; a lender that fits on paper still has to say yes.
What you can do with it
- Refinancing
Rate types
- Fixed rates
Where it lends
British Columbia, Alberta, Ontario
Good to know
- Equity-based private lending: expect lender fees and rates well above bank mortgages
- Lends in BC, Alberta and Ontario
- Maximum loan size $500,000
- No minimum credit score, but pricing reflects the risk
How to reach Alpine Credits
You deal with this lender directly, no broker required. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Alpine CreditsEducational summary; rates, terms, and approval are set by the lender.
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Other mic & private lenders
Educational information about Canadian mortgages, not financial or mortgage advice. This tool is offered by Jordan Avery, Mortgage Agent (Level 2), Licence M23999999 · Maple Key Mortgages Inc., FSRA Brokerage Licence 13999 and operated by LenderSearch; figures are estimates. Confirm all rates, terms, and eligibility directly with the lender before acting.