Avg. Rating: 5.0 (2 reviews)

Lotly helps homeowners secure fair, stable loans from trusted lenders. We offer secured personal loans, secured lines of credit, mortgage refinancing, and more. We also specialize in consolidation loans that help homeowners combine expensive debt into a single, lower payment. Our approach focuses on improving your long-term financial health — providing the cash you need today while protecting your future finances.We understand that every situation is unique, whether it involves side-gig income, credit challenges, or complex family issues. Our dedicated advisors are here to listen and assess your circumstances to provide options that work best for you. We go the extra mile by negotiating with several lenders on your behalf to get the best offer you can qualify for.

  • TIME IN BUSINESS: Since 2020
  • # OF CUSTOMERS: Thousands
  • LOANS OFFERED: Debt Consolidation Loan, Secured Personal Loans, Home Equity Loans, Mortgage Refinancing
Visit Site and Apply


contact@lotly.com 410 Adelaide Street West
Call Center: Mon-Fri: 8am-6pm EST Sat-Sun: closed
Support Offered:
  • Phone Support
  • Email Support
  • Blog
Availability: Ontario Only

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate Varies – they work to find the best rate Amount$15,000 – Unlimited Term Varies

Eligibility & Documents

Who is eligible

  • Canadian resident
  • Over 18 years of age
  • Owns a home

What you need to provide

  • Government ID
  • Mortgage statement
  • Property assessment
  • Complete online application

Repayment & Issuance

How fast can you get the money Over a week Funding method Direct Deposit How does repayment work Bi-weekly or monthly payments from bank account

Frequently Asked Questions About Lotly

Who is Lotly?

Lotly is a dynamic team comprising innovators with diverse expertise spanning technology, finance, real estate, and mortgages. Supported by leading Canadian venture capital firms like N49P, Forum Ventures, and Panache Ventures, they are driven by a passion for innovation and excellence.

What is Lotly's story?

Lotly began its journey in 2021 with a pioneering vision: to democratize homeownership by enabling anyone to invest in real homebuyers' down payments, a groundbreaking model in the industry. Along the way, they recognized a pressing need to enhance homeowners' financial well-being, driving their commitment to innovate and empower individuals in achieving their homeownership dreams.

What does Lotly offer?

Lotly specializes in helping homeowners secure fair and stable loans from trusted lenders. Their services include secured personal loans, secured lines of credit, mortgage refinancing, and consolidation loans aimed at reducing multiple payments into a single, lower payment. Lotly focuses on enhancing long-term financial health by providing immediate financial solutions while safeguarding future financial stability.

What does Lotly do?

Understanding the uniqueness of each client's situation, Lotly's dedicated advisors listen attentively and assess individual circumstances. They offer personalized options tailored to fit varying needs, whether involving supplementary income, credit complexities, or intricate family dynamics. Lotly goes above and beyond by negotiating with multiple lenders to secure the best possible offers for their clients.

How many lenders does Lotly work with?

Lotly works with over 30 lenders, ensuring they have options available for various situations, including those with bad credit, low income, and other challenges that clients may face in life.

How does Lotly ensure I get the best loan offer?

Lotly goes the extra mile by negotiating with multiple lenders on your behalf to secure the best offer you qualify for.

How does Lotly protect my financial health?

Lotly safeguards your financial health through strategic use of your home's equity, enabling access to lower interest rates that can save you thousands in interest costs and expedite debt repayment. Through their credit building program and your commitment to making timely payments on consolidation loans, they facilitate gradual improvement of your credit score over time. They continuously monitor your financial situation to identify opportunities to optimize your loan terms. For instance, they may suggest refinancing if interest rates decrease or your credit profile improves.

What is Lotly's mission?

Lotly is dedicated to empowering Canadians to break free from the cycle of debt. Specializing in consolidation loans, they enable homeowners to merge costly debts into one manageable payment. Additionally, they provide access to secure loans that ensure stability and fairness. Their commitment lies in promoting long-term financial well-being by providing immediate financial assistance while safeguarding your future finances.

How does Lotly work?

Lotly works by first assessing your goals and current financial situation, including details on your income, existing debts, and credit status. Based on this information, they propose customized home financing solutions that suit your specific needs. Once you submit the required supporting documents, Lotly processes your application swiftly to secure approval for the optimal financing option.

How much can I borrow from Lotly?

Lotly offers borrowing options ranging from $15,000 up to unlimited amounts, providing flexible and tailored financing solutions to meet diverse financial needs and goals.

Lotly Reviews

Avg. Rating: 5.0 (2 reviews)

Got approved for a HELOC with the help of Lotly. Super friendly team.

Great staff

Lotly helped me get a secured line of credit. Process took under a week and was smooth. Knowledgeable staff that worked to get me a good deal.


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