Ontario's Second Mortgage Specialists
Helping brokers place residential deals that fall outside traditional lending guidelines.
Flexible Lending
✔ $25,000–$500,000+ (higher exceptions considered)
✔ Up to 80% LTV in major urban centres, up to 75% in small towns
✔ Up to 70% LTV on Cottages and Hobby Farms
✔ Unique property financing available
Flexible Underwriting
✔ Low beacon scores considered
✔ Behind reverse mortgages considered
✔ Behind existing private first mortgages considered
All files are subject to a full review by our underwriting team*
Flexible Terms
✔ Fully open — no prepayment penalties
✔ Fully prepaid options
✔ 2-year terms available
Black Bear regularly works with mortgage brokers on residential files involving:
- Debt consolidation
- Equity take-outs
- Home renovations
- Self-employed borrowers
- Credit challenges
- Tax arrears
- Divorce or separation settlements
- Mortgage Payouts
- Time-sensitive closings
- and more!
Ready to get started?
Not sure if your file fits our guidelines? Our team is happy to review your scenario, answer your questions, and help structure a solution before you submit.
