Effort Trust Company
Southern Ontario trust since 1978. Recent bankruptcies considered. Fixed rates only. It lends Ontario.
Prepayment-penalty method
Fair, contract-rate penalty
If you break a fixed term early, the penalty is calculated the borrower-friendly way, using your actual contract rate. This is usually far cheaper than a big bank's posted-rate method, and it is one of the biggest hidden costs most people never compare.
See what breaking a mortgage early could costWho it tends to fit
- Self-employed and business-owner borrowers
- Buyers of rental or investment property
- Borrowers with bruised or lower credit scores
- Refinances and equity take-outs
- Construction and new-build financing
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
- Buying a home
- Refinancing
- Construction / new build
Features
- Prepayment privileges (pay extra without a penalty)
Rate types
- Fixed rates
Where it lends
Ontario
Good to know
- Ontario only; fixed rates only.
- Considers applicants with recent bankruptcies.
How to reach Effort Trust Company
Available only through a licensed mortgage broker, not directly to the public. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Effort Trust CompanyEducational summary; rates, terms, and approval are set by the lender.
Want the lenders that fit your situation?
Answer a few questions and see your ranked matches, explained in plain language. Free, about 3 minutes, no SIN, no credit pull.
Other alternative (b) 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.