New Haven Mortgage Corporation
Toronto-based private lender offering equity-based residential mortgages across Ontario for borrowers turned down by banks. Approvals focus on property equity rather than credit score or profession, including bruised credit and non-traditional income. It lends 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
- Buying a home
- Refinancing
Rate types
- Fixed rates
Where it lends
Ontario
Good to know
- Takes applications directly and through mortgage brokers (FSRA brokerage licence 10588).
- Ontario only.
- Private lending: higher rates plus typical lender and broker fees; intended as short-term financing with an exit plan.
How to reach New Haven Mortgage Corporation
Available both directly and through a mortgage broker. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit New Haven Mortgage CorporationEducational 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 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.