When traditional lenders can't help, we can.
Working with licensed mortgage brokers, Black Bear Capital delivers private first and second residential mortgage solutions in Ontario—backed by fast, straightforward service and a practical approach to lending.
Ontario's Residential Private Second Mortgage Specialists
Up to 80% LTV in major urban centres
Loan amounts from $25,000–$500,000+
Low beacon scores considered
Behind reverse mortgages and private first mortgages
Fully open terms with no prepayment penalties
Fast Service
Commitment letters issued within one business day or less, with the flexibility to accommodate rush closings.
Responsive
Dedicated support from our expert team, from deal structuring and scenario reviews through to funding.
Experienced
Our team combines deep industry expertise to make the financing process as straightforward and efficient as possible for mortgage brokers and their clients.
Flexible Underwriting
Every file is unique. That's why we review each submission on a case-by-case basis.
Reasons Why Mortgage Brokers Choose Black Bear
Our process in four easy steps
1
Inquire
Connect with our team to discuss your deal. We'll review your file and answer any questions you may have.
2
Submission
Submit your file on your industry platform of choice—we're available across all major industry platforms.
3
Commitment
Receive a commitment within 24 hours. Once all required supporting documentation is received, we'll instruct your file and move it toward funding.
4
Funding
A dedicated Deal Manager will keep you informed every step of the way through closing.
Frequently Asked Questions
Our residential private mortgage solutions are designed for Ontario mortgage brokers seeking flexible financing solutions for clients who may not qualify through traditional lending channels.
Whether a client has non-traditional income, requires funding on a tight timeline, or falls outside conventional bank guidelines, private lending can help address a wide range of financing scenarios efficiently.
While private mortgages typically carry higher interest rates than traditional financing, they are generally intended as a short-term financing solution—helping clients bridge immediate needs, access equity, or stabilize their financial position while working toward longer-term financing objectives.
Yes, we can accommodate rush closings. Please indicate that the file is urgent when submitting the deal. In most cases, we can provide a commitment letter within one business day or less.
Yes. We understand that every file is unique, and low beacon scores are considered as part of our overall review by our underwriting team.
First Mortgages - $1.25M
Second Mortgages - $500K (higher exceptions are considered on a case-by-case basis)
First Mortgages - Up to 75% LTV
Second Mortgages - Up to 80% LTV in major urban centres, up to 75% in small towns, and up to 70% on cottages, hobby farms, and unique properties.
