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WHAT IS A LENDHUB MORTGAGE?

A LendHUB Mortgage is a special type of loan for homeowners in Ontario who need a quick way to borrow money against their home. It's a simple and fast solution that can help with things like fixing up your house, car repairs, or consolidating your debts. LendHUB makes the borrowing process easy and fast, with approvals often happening within 72 hours.

CLICK HERE TO APPLY
Some Benefits to a LENDHUB Mortgage

Thinking about a Fraction mortgage? Here are six good things about getting one:

FAST to Fund

Get your loan approved and funded really fast, usually within 48 to 72 hours

Flexible for All

LendHUB works with all types of credit and income, and for various property types including residential and commercial.

No Appraisal

 In many cases, you won't need a property appraisal, making the process quicker and simpler. This is typically for mortgage amounts under $100,000

No Lawyers

We can keep costs lower on the smaller amounts of $75,000 or less we can avoid the need for a independent lawyer

How you want it

Use the money for many purposes, like home improvements, debt consolidation, or as a down payment for another property.

Tax Benefits

If you use proceeds to invest, like buying another property,  you might get to deduct the interest you pay on your taxes. Please confirm with your accountant

We believe everyone deserves a chance to improve their financial situation. That's why we work with a range of lenders, from well-known banks to near-prime lenders who offer solutions regardless of your credit score. Your financial past shouldn't dictate your future, and we're here to ensure it doesn't.

START YOUR FINANCIAL JOURNEY TODAY!

With a few quick questions we can have you well on your way to securing a comfortable future

COMPLETE OUR QUESTIONNAIRE
HOW DOES IT WORK?

COMPLETE APP

With our questionnaire complete we will send you a list of documents required.

SEND TO LENDER

With all paperwork in hand we send for a quote for your review.

SIGN PAPERWORK

You will sign the approval paperwork with us and the lawyer representing you.

GET MONEY

At closing the lawyer will disburse the funds where necessary.

OUR MOST FREQUENTLY ASKED QUESTIONS
How is a LendHUB Mortgage different from a regular mortgage?

How is a LendHUB Mortgage different from a regular mortgage?

The biggest differences you will see with LendHUB is they are quick and easy to qualify for. With most of their products requiring almost no documentation, no appraisal and no lawyers. Higher approval amounts may require more items.

Are there limits to how much I can borrow?

Are there limits to how much I can borrow?

LendHUB will lend up to 70% of the value of the property in Ontario up to a maximum of $500,000. This may vary depending on the location.

Are there any upfront costs for a LendHUB Mortgage?

Are there any upfront costs for a LendHUB Mortgage?

Although LendHUB has no upfront costs, assuming no appraisal is required, they do charge a lender fee and admin fee. All the costs will be disclosed in a quote before you commit to anything.

What happens at the end of the LendHUB Mortgage term?

What happens at the end of the LendHUB Mortgage term?

At the end of the 1 year term, you will have a choice to renew but be subject to a 3% to 5% renewal fee. You can also either pay back the mortgage, refinance it, or sell your home to cover the amount. LendHUB is designed to be a short term solution.

What if the homeowner has an existing mortgage?

What if the homeowner has an existing mortgage?

LendHUB can payout a first, second, third or even fourth mortgage. As long as there is enough equity LendHUB can payout the mortgage from proceeds if it makes sense.
What if I already have two mortgages?

What if I already have 2 mortgages?

LendHUB can go into 3rd or even 4th position is certain situations. LendHUB could also payout any existing mortgages to go into 1st, 2nd or 3rd position.
Can I use the funds from a LendHUB Mortgage for anything?

Can I use the funds from a LendHUB Mortgage for anything?

Yes, the funds from a LendHUB Mortgage can be used for debt consolidation, home improvements, investments, or other personal uses.

STILL NOT SURE IF IT IS RIGHT FOR YOU?

Click below to book a phone call or video chat with one of our experts

BOOK A MEETING

Don't just take our word for it. Our Google Reviews showcase stories from countless satisfied clients who've transformed their financial lives through refinancing. Plus, our accolades, including being in the top 50 for mortgages funded monthly nationwide and in the top 3% of Dominion Lending Centres, are a testament to our commitment to excellence.

Your journey to a more secure financial future is just a click away. Whether you're consolidating debt, planning renovations, or pursuing new investments, we're here to make refinancing straightforward and stress-free.

HOURS OF OPERATION

Monday to Friday - 9 am to 5 pm

Saturday and Sunday - CLOSED

ADDRESS

157 Bridge Street

Carleton Place, ON K7C 2V6

CONTACT INFORMATION

Office: 613.714.9499 |  Toll Free: 1.877.230.8872

Fax: 613.714.9488

team@bradplummer.ca 

Dominion Lending Centres The Mortgage Source is independently owned and operated. #FSRA 10145. Brad Plummer is an independent mortgage broker that places business with various mortgage providers. DLC is compensated for placing your business with a particular lender or will have to charge a fee for their services which will be disclosed well in advance. Not all products or services are shown on this page. If you would like to find a better suited solution it is best to speak to Brad Plummer about your unique situation and secure the best suited product for you. You can book a meeting HERE
Mortgage amounts and rates to be determined based on clients application, credit score, equity in the property and the location of the property. Rates are subject to change without notice. Other monthly fees and costs may apply depending on the lender. All costs will be disclosed once the application is approved and the client has an opportunity to decline the offer. Brad Plummer only handles the application process.
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