Brightpath Capital Corporation
Brightpath Capital Corporation is one of Ontario’s fastest growing private lenders. We offer residential mortgage lending across Ontario for a wide variety of borrowers and situations.
- Brightpath Capital is a private lender headquartered in Waterloo, Ontario
- We follow a practical lending philosophy to ensure that each client’s application is considered based on its own specific merits and circumstances
- Specialize in alternative lending on residential properties throughout Ontario
All residential properties across Ontario will be considered, with pricing adjustments made based on location (Major Centre vs Small Town)
- Ontario cities with a population of at least 50,000+
- 1stmortgages to 80% LTV
- 2ndmortgages to 75% LTV
Small Town Lending Program
- Towns adjacent to thriving, major markets
- Must be a residential property located within a typical, residential neighbourhood
- 1stmortgages to 75-80% LTV
- 2ndmortgages to 70% on a case-by-case basis
Residential lending only. No commercial use, mixed use, or agricultural zoning is permitted.
We look specifically for residential properties that demonstrate:
- Pride of ownership
- No deferred maintenance
- Marketability with ease of resale
- Renovations and flips will be considered – no construction mortgages
BRIGHTPATH PRICING MATRIX
- Risk based pricing – depending on LTV, mortgage size, property condition, credit score, city size, etc.
General pricing guidelines:
|Base Rate||Base Fee|
|1st Mortgages||8.99%||1.99% (minimum $5000 lender fee)|
|2nd Mortgages||9.99%||3.99% (minimum $2500 lender fee)|
- All terms are interest-only
- Standard pricing is for a 12 month, closed term (2 month penalty for early payout)
- Open terms are available, as well as 3 month and 6 month terms.
- Contact your BDM Dan Pauls at email@example.com or cell 519-500-3330 to discuss your deal
- Submit deal to us on Filogix, Velocity or platform of choice
VP of Business Development