# Equity Lending / Refinance

> Plenty of equity, but just not quite enough income to support your client's mortgage needs? No worries. If it makes sense, we'll review it.

## Key facts

- **Maximum LTV:** 75.0%
- **Minimum credit score:** 550
- **Maximum mortgage:** $1,000,000.00

## About this product

## "They have tons of equity but don't qualify under B20..."

Here's the thing about equity lending: it exists because banks literally can't do it. B20 guidelines require income verification. Full stop. No wiggle room. No common sense exceptions.

We're provincially regulated. The funds we lend on come from individual investors, not the Bank of Canada. So when your client has 50% equity but their income looks a bit chaotic, we can actually say yes.

## How equity lending actually works

Forget income ratios. Forget employment letters. Forget trying to make a square peg fit in a round hole.

We look at three things:

1. **The equity cushion** – At 50-60% LTV, there's room for life to happen
2. **The exit strategy** – How do they refinance out in 1-2 years?
3. **Basic debt servicing** – Can they handle the payments while they sort things out?

That's it. No 50-page applications. No proving their self-employment income fits a formula designed for T4 employees.

## Who uses equity lending?

**The self-employed contractor** whose accountant is too good at their job. On paper, they made $40K last year. In reality, they renovated their house, bought a truck, and still had money for a Mexico trip.

**The recent retiree** with investment income that doesn't count under B20. They've got the equity. They've got the investments growth. They just don't have a letter from an employer anymore.

**The divorcee** who needs to buy out their ex but won't have "qualifying" income until the dust settles. The equity is there. The plan makes sense. But the banks need to check their boxes.

## The honest math

Our rates are higher than the banks. Of course they are. We're doing the deals they can't touch.

But here's what your clients need to know: paying 8-10% for 18 months beats losing the house in a divorce. It beats missing out on a business opportunity. It beats being stuck.

Equity lending isn't about finding the cheapest money. It's about finding money that actually exists for their situation.

## Why it works in places like Sicamous

Small town? Remote location? Most lenders see risk. We see reality.

Your client in Prince Goerge with 60% equity isn't riskier than someone in Kelowna. They just live somewhere with longer selling timelines. We price that in. They get their mortgage. Life goes on.

## Quick example

Client owns a $600K house free and clear. Needs $200K to buy out business partner. Bank says no because the business income is too new.

- **LTV:** 33%
- **Exit:** Refi once business income shows for two years
- **Decision:** Usually within 48 hours

That's equity lending. Not complicated. Just different rules for different realities.

## Where this product is available

| Community | Max LTV | Terms |
|---|---|---|
| [100 Mile House](/communities/100-mile-house.md) | 55.0% | Standard product terms |
| [Armstrong](/communities/armstrong.md) | 70.0% | Standard product terms |
| [Ashcroft](/communities/ashcroft.md) | 60.0% | Standard product terms |
| [Barriere](/communities/barriere.md) | 55.0% | Standard product terms |
| [Burns Lake](/communities/burns-lake.md) | 50.0% | Standard product terms |
| [Cache Creek](/communities/cache-creek.md) | 55.0% | Standard product terms |
| [Campbell River](/communities/campbell-river.md) | 65.0% | Standard product terms |
| [Canal Flats](/communities/canal-flats.md) | 55.0% | Standard product terms |
| [Castlegar](/communities/castlegar.md) | 65.0% | Standard product terms |
| [Chase](/communities/chase.md) | 60.0% | Standard product terms |
| [Chetwynd](/communities/chetwynd.md) | 45.0% | Standard product terms |
| [Clearwater](/communities/clearwater.md) | 55.0% | Standard product terms |
| [Clinton](/communities/clinton.md) | 50.0% | Standard product terms |
| [Coldstream](/communities/coldstream.md) | 65.0% | Standard product terms |
| [Colwood](/communities/colwood.md) | 70.0% | Standard product terms |
| [Comox](/communities/comox.md) | 65.0% | Standard product terms |
| [Courtenay](/communities/courtenay.md) | 70.0% | Standard product terms |
| [Cranbrook](/communities/cranbrook.md) | 70.0% | Standard product terms |
| [Creston](/communities/creston.md) | 65.0% | Standard product terms |
| [Cumberland](/communities/cumberland.md) | 65.0% | Standard product terms |
| [Dawson Creek](/communities/dawson-creek.md) | 60.0% | Standard product terms |
| [Duncan](/communities/duncan.md) | 65.0% | Standard product terms |
| [Elkford](/communities/elkford.md) | 55.0% | Standard product terms |
| [Enderby](/communities/enderby.md) | 65.0% | Standard product terms |
| [Esquimalt](/communities/esquimalt.md) | 70.0% | Standard product terms |
| [Fernie](/communities/fernie.md) | 65.0% | Standard product terms |
| [Fort St. James](/communities/fort-st-james.md) | 45.0% | Standard product terms |
| [Fort St. John](/communities/fort-st-john.md) | 55.0% | Standard product terms |
| [Fraser Lake](/communities/fraser-lake.md) | 45.0% | Standard product terms |
| [Fruitvale](/communities/fruitvale.md) | 55.0% | Standard product terms |
| [Gibsons](/communities/gibsons.md) | 65.0% | Standard product terms |
| [Gold River](/communities/gold-river.md) | 50.0% | Standard product terms |
| [Golden](/communities/golden.md) | 65.0% | Standard product terms |
| [Grand Forks](/communities/grand-forks.md) | 55.0% | Standard product terms |
| [Granisle](/communities/granisle.md) | 35.0% | Standard product terms |
| [Greenwood](/communities/greenwood.md) | 55.0% | Standard product terms |
| [Hazelton](/communities/hazelton.md) | 50.0% | Standard product terms |
| [Highlands](/communities/highlands.md) | 70.0% | Standard product terms |
| [Houston](/communities/houston.md) | 45.0% | Standard product terms |
| [Hudson's Hope](/communities/hudson-s-hope.md) | 45.0% | Standard product terms |
| [Invermere](/communities/invermere.md) | 65.0% | Standard product terms |
| [Kamloops](/communities/kamloops.md) | 70.0% | Standard product terms |
| [Kaslo](/communities/kaslo.md) | 55.0% | Standard product terms |
| [Kelowna](/communities/kelowna.md) | 70.0% | Standard product terms |
| [Keremeos](/communities/keremeos.md) | 55.0% | Standard product terms |
| [Kimberley](/communities/kimberley.md) | 65.0% | Standard product terms |
| [Kitimat](/communities/kitimat.md) | 60.0% | Standard product terms |
| [Ladysmith](/communities/ladysmith.md) | 70.0% | Standard product terms |
| [Lake Country](/communities/lake-country.md) | 70.0% | Standard product terms |
| [Lake Cowichan](/communities/lake-cowichan.md) | 65.0% | Standard product terms |
| [Langford](/communities/langford.md) | 70.0% | Standard product terms |
| [Lantzville](/communities/lantzville.md) | 65.0% | Standard product terms |
| [Lillooet](/communities/lillooet.md) | 55.0% | Standard product terms |
| [Logan Lake](/communities/logan-lake.md) | 55.0% | Standard product terms |
| [Lumby](/communities/lumby.md) | 65.0% | Standard product terms |
| [Lytton](/communities/lytton.md) | 40.0% | Standard product terms |
| [Mackenzie](/communities/mackenzie.md) | 50.0% | Standard product terms |
| [McBride](/communities/mcbride.md) | 50.0% | Standard product terms |
| [Merritt](/communities/merritt.md) | 60.0% | Standard product terms |
| [Metchosin](/communities/metchosin.md) | 70.0% | Standard product terms |
| [Midway](/communities/midway.md) | 55.0% | Standard product terms |
| [Montrose](/communities/montrose.md) | 60.0% | Standard product terms |
| [Nakusp](/communities/nakusp.md) | 60.0% | Standard product terms |
| [Nanaimo](/communities/nanaimo.md) | 70.0% | Standard product terms |
| [Nelson](/communities/nelson.md) | 70.0% | Standard product terms |
| [New Denver](/communities/new-denver.md) | 55.0% | Standard product terms |
| [New Hazelton](/communities/new-hazelton.md) | 50.0% | Standard product terms |
| [North Cowichan](/communities/north-cowichan.md) | 65.0% | Standard product terms |
| [North Saanich](/communities/north-saanich.md) | 70.0% | Standard product terms |
| [Northern Rockies](/communities/northern-rockies.md) | 45.0% | Standard product terms |
| [Oak Bay](/communities/oak-bay.md) | 60.0% | Standard product terms |
| [Oliver](/communities/oliver.md) | 60.0% | Standard product terms |
| [Osoyoos](/communities/osoyoos.md) | 65.0% | Standard product terms |
| [Parksville](/communities/parksville.md) | 70.0% | Standard product terms |
| [Peachland](/communities/peachland.md) | 65.0% | Standard product terms |
| [Pemberton](/communities/pemberton.md) | 65.0% | Standard product terms |
| [Penticton](/communities/penticton.md) | 70.0% | Standard product terms |
| [Port Alberni](/communities/port-alberni.md) | 60.0% | Standard product terms |
| [Port Alice](/communities/port-alice.md) | 60.0% | Standard product terms |
| [Port Edward](/communities/port-edward.md) | 50.0% | Standard product terms |
| [Port Hardy](/communities/port-hardy.md) | 60.0% | Standard product terms |
| [Port McNeill](/communities/port-mcneill.md) | 55.0% | Standard product terms |
| [Pouce Coupe](/communities/pouce-coupe.md) | 50.0% | Standard product terms |
| [Powell River](/communities/powell-river.md) | 65.0% | Standard product terms |
| [Prince George](/communities/prince-george.md) | 65.0% | Standard product terms |
| [Prince Rupert](/communities/prince-rupert.md) | 60.0% | Standard product terms |
| [Princeton](/communities/princeton.md) | 50.0% | Standard product terms |
| [Qualicum Beach](/communities/qualicum-beach.md) | 65.0% | Standard product terms |
| [Quesnel](/communities/quesnel.md) | 55.0% | Standard product terms |
| [Radium Hot Springs](/communities/radium-hot-springs.md) | 60.0% | Standard product terms |
| [Revelstoke](/communities/revelstoke.md) | 70.0% | Standard product terms |
| [Rossland](/communities/rossland.md) | 60.0% | Standard product terms |
| [Saanich](/communities/saanich.md) | 70.0% | Standard product terms |
| [Salmo](/communities/salmo.md) | 55.0% | Standard product terms |
| [Salmon Arm](/communities/salmon-arm.md) | 70.0% | Standard product terms |
| [Sayward](/communities/sayward.md) | 55.0% | Standard product terms |
| [Sicamous](/communities/sicamous.md) | 65.0% | Standard product terms |
| [Sidney](/communities/sidney.md) | 70.0% | Standard product terms |
| [Silverton](/communities/silverton.md) | 55.0% | Standard product terms |
| [Slocan](/communities/slocan.md) | 55.0% | Standard product terms |
| [Smithers](/communities/smithers.md) | 70.0% | Standard product terms |
| [Sooke](/communities/sooke.md) | 50.0% | Standard product terms |
| [Spallumcheen](/communities/spallumcheen.md) | 65.0% | Standard product terms |
| [Sparwood](/communities/sparwood.md) | 55.0% | Standard product terms |
| [Stewart](/communities/stewart.md) | 35.0% | Standard product terms |
| [Summerland](/communities/summerland.md) | 65.0% | Standard product terms |
| [Sun Peaks](/communities/sun-peaks.md) | 60.0% | Standard product terms |
| [Tahsis](/communities/tahsis.md) | 45.0% | Standard product terms |
| [Taylor](/communities/taylor.md) | 50.0% | Standard product terms |
| [Telkwa](/communities/telkwa.md) | 45.0% | Standard product terms |
| [Terrace](/communities/terrace.md) | 65.0% | Standard product terms |
| [Tofino](/communities/tofino.md) | 55.0% | Standard product terms |
| [Trail](/communities/trail.md) | 60.0% | Standard product terms |
| [Tumbler Ridge](/communities/tumbler-ridge.md) | 55.0% | Standard product terms |
| [Ucluelet](/communities/ucluelet.md) | 60.0% | Standard product terms |
| [Valemount](/communities/valemount.md) | 55.0% | Standard product terms |
| [Vanderhoof](/communities/vanderhoof.md) | 55.0% | Standard product terms |
| [Vernon](/communities/vernon.md) | 70.0% | Standard product terms |
| [Victoria](/communities/victoria.md) | 70.0% | Standard product terms |
| [View Royal](/communities/view-royal.md) | 70.0% | Standard product terms |
| [Warfield](/communities/warfield.md) | 60.0% | Standard product terms |
| [Wells](/communities/wells.md) | 50.0% | Standard product terms |
| [West Kelowna](/communities/west-kelowna.md) | 70.0% | Standard product terms |
| [Williams Lake](/communities/williams-lake.md) | 60.0% | Standard product terms |
| [Zeballos](/communities/zeballos.md) | 35.0% | Standard product terms |

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*Plain-markdown copy for LLM/agent use. Canonical page: https://www.bridgefort.ca/mortgage_products/equity-lending*
- [Current rates](/interest_rates.md)
- [Mortgage products](/mortgage_products.md)
- [Where we lend](/communities.md)
- [Site index for LLMs](/llms.md)