Canadalend.com logo Canadalend.com Review 2026

QUALITY LENDER VETERAN LENDER What these mean ›
★★★★★ 4.7 · 9 borrower reviews
Canadalend arranges mortgages and home equity loans of $20,000 up to the millions, from 4.99% on five to six year terms, entirely within Ontario. The published test is ownership and residency, and the file is the property's paper: your current mortgage statement, the tax bill, government ID and an online application. Homeowners are the whole audience.

Apply Now Check if I Qualify ↓

Rates checked August 24, 2026
In business
Since 2005
Customers served
Thousands
Total funded
Billions
Provinces
1 of 13

Our verdict

Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan

Best for

Ontario homeowners who want a five to six year term on a mortgage or equity takeout

Not for

Homeowners outside Ontario, or those wanting a short term

What we like

  • 4.99% APR floor across both mortgage and home equity
  • $20,000 minimum, among the lowest entry points for equity lending
  • Mortgage and home equity from the same provider

Where it could improve

  • Ontario only
  • 60-month minimum term, so no short-term option

Products offered

Each product is priced separately. Compare them below.

Mortgage
Secured on the property · ON
Apply Now
Amount
$20,000 - $10,000,000
Rate
From 4.99% APR
Terms
60 - 72 months
Funding
7 days
Min income
$1,500/mo
Home Equity Loan
Secured on your home · ON
Apply Now
Amount
$20,000 - $10,000,000
Rate
From 4.99% APR
Terms
60 - 72 months
Funding
7 days
Min income
$1,500/mo

See if you qualify

Four questions checked against Canadalend.com's published criteria, per product. No application started.

Answer the questions to check Canadalend.com's published criteria
Educational check against published criteria. Not an approval or offer.

Eligibility and documents

Canadalend's two tests are ownership and residency, and its entire lending map is one province: Ontario.

Who qualifies

Residency
Canadian resident
Property
You must be a homeowner
Where it lends
Ontario

What you need to apply

  • Government issued ID
  • Your current mortgage statement
  • Your property tax bill
  • A completed online application

Contact Canadalend.com

Get in touch

Support and hours

  • 24 hours
  • ChannelsHelp Center/Blog, Email Support, Calculator, FAQs

Awards earned by Canadalend.com

Issued by our editorial team from platform data and verified reviews. Lenders cannot buy them.

QUALITY LENDER badge Quality Lender

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Listed on Smarter Loans for 5 or more years

Badges are issued by our editorial team from platform data and verified reviews. They are never sold, and featured placement has no bearing on them. Read the badge criteria ›

Borrower reviews

9 reviews from borrowers who used Canadalend.com. Reviews are moderated; lenders cannot remove them.

★★★★★

Great experience

I got a great mortgage rate and am very happy to have chosen canadalend.com for this exciting time!

Marjorie
★★★★★

Highly recommend

I would like to take this moment to thank Harsh very much for his help in getting my family a second mortgage. With his kind response and professional skills, good value, Harsh goes an extra miles to help his client . That is why we came back as his repeated clients for the third time. We highly recommend Harsh for his knowledge and professionalism. Thank you so much once again Harsh for your help and will see you again for the next renewal. (via Google reviews)

Sophon
★★★★★

Go to

I've been using Canada Lend as my go to lender for all my clients mortgage and refinancing needs. Sophisticated management team, accompanied by a group of professional and knowledgeable brokers.

Adam
★★★★★

Easy time

I had a very good and easy going experience with Canadalend. I appreciate their team for being very patient and transparent in my relationship with them. I highly recommend.

Thomas
★★★★★

Refinancing Made Simple and Stress-Free

Helpful, fast, and transparent. Canadalend made refinancing our mortgage way less stressful.

Kevin T.
★★★★☆

Got the Terms We Wanted in the End

Solid experience overall. Took a bit longer than expected, but we got the loan terms we wanted.

Melissa R.
★★★★★

Supportive Through Tough Credit Challenges

Canadalend helped me navigate a tough credit situation. The team explained all my options clearly.

Jason H.
★★★★★

Professional and Efficient Service

Professional and efficient. I felt supported from start to finish.

Anita M.
★★★☆☆

Decent Service, Slow Communication

Decent service, but communication could be a bit faster.

Paul K.

Common questions about Canadalend.com

What is Canadalend?

Canadalend.com is a leading low-cost private mortgage solution provider in Canada, specializing in residential and commercial mortgages, debt consolidation, and refinancing solutions.

What does Canadalend do?

They offer specialized services such as mortgage refinancing, second mortgages, private mortgages, mortgages for the self-employed, home equity loans, and much more.

Why do people use Canadalend?

If you are unable to get a mortgage due to a bad credit score, lack of proper documentation or any other reason set down by banks or other lending institutions, Canadalend.com can help homeowners like you to arrange loans through private mortgages.

Is Canadalend safe?

Canadalend is connected with a large number of reliable private mortgage lenders who are willing to take the risks that conventional lending agencies are not. They started in 2005, have thousands of customers and have funded billions.

Who does Canadalend work with?

Canadalend.com works with all major banks, mortgaging institutions, and private lenders, which allows them to provide you optimal financial solutions.

What types of loans does Canadalend offer?

Candalend is committed to helping you with your mortgaging needs, debt problems and financing concerns by leveraging the equity in your home. They offer: Mortgages, Debt Consolidation Loans, Mortgage Refinancing, and Home Equity Loans.

What's the interest rate on a Canadalend loan?

The interest rate on a Canadalend loan varies based on the type of loan that it is. Mortgages and home equity loans will have different rates.

Who is eligible for a Canadalend loan?

If you own your home and are a Canadian resident, then you can qualify for a loan! It's that easy! Unlike the big banks, Canadalend doesn't focus on a list of factors.

What's the term length of a Canadalend loan?

You have in-between 6 months to 5 years to pay back your loan from Canadalend.

How much can I borrow from Canadalend?

You can borrow anywhere from $20,000 to $10 Million from Canadalend.

What will my monthly mortgage payment amount be?

Simply use the Canadalend's Mortgage Calculator on their website to determine your monthly mortgage payments and outstanding mortgage amounts at the end of your mortgage term.

What do I need to provide to apply for a Canadalend loan?

You will need the following to apply for a Canadalend loan: Government issued ID, Current mortgage statement, Property Tax bill, and a Completed online application from Canadalend.com.

Canadalend.com · $20,000 - $10 million · 2 products · funding in 168 hours Apply Now