Tembo Financial
Toronto-based direct private lender licensed by FSRA, offering first, second, and third mortgages, equity advances, bridge financing, deposit loans, and renovation loans in Ontario. Advertises same-day commitments and funding often within 48 hours, in many cases without an appraisal. 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
- Lends directly to consumers and through mortgage brokers.
- Ontario only.
- Private lending: short-term, higher-rate financing with lender fees; have a clear exit plan.
How to reach Tembo Financial
Available both directly and through a mortgage broker. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Tembo FinancialEducational 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.