FSRA Lic. #13722info@stonefieldcapital.ca
Ontario residential property

For Borrowers

Your Home Has Equity. We Can Help, Even When Banks Say No

Stonefield Capital provides private mortgage solutions for Ontario borrowers who fall outside traditional bank guidelines due to credit score, self-employment income, urgent timelines, or other challenges. Qualification is based on property equity and a clear exit strategy.

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What Is a Private Mortgage?

A private mortgage is a short-term loan secured by real estate, funded by private investors rather than a bank or credit union. Private mortgages are used when traditional lenders can't help — whether that's because of timing constraints, credit challenges, income documentation issues, or property type.

Private mortgages are short-term solutions (typically 1–12 months) designed to solve immediate financial hurdles. Whether you're looking to consolidate credit card debt, bridging a purchase, stopping a Power of Sale or have a shortfall on a new construction purchase, the goal is always a successful transition back to institutional borrowing.

How to Work with Stonefield

There are two ways to access Stonefield Capital's private mortgage solutions. We generally recommend working with a broker as they represent your interests, handle compliance, and help you plan your exit strategy.

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Option A: Work with a Stonefield-Approved Broker

We connect you with an experienced Ontario mortgage broker from our approved network. Your broker represents you, structures the deal, handles all compliance requirements and helps plan your exit strategy so you transition back to conventional lending as smoothly as possible.

Note: The broker charges a fee for their services. This is standard and regulated.

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Option B: Contact Stonefield Directly

If you already have a clear understanding of your situation and prefer to work with us directly, you can contact Stonefield Capital. Important: we are the lender and only represent the lender and investors. We do not represent you, the borrower. Your lawyer would serve as your representation in the transaction.

We recommend Option A for most borrowers, especially if you need help structuring an exit strategy.

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Why Choose Stonefield Capital?

Not all private lenders are the same. Stonefield Capital is built on trust, integrity and transparency.

Fast and Communicative

We understand the importance of having a lender that responds quickly. You can always reach out to our team directly at info@stonefieldcapital.ca and get a same day response.

The Story Behind the File

We assess every deal on its merits. We don't decline deals based on a credit score alone, we look at the property equity, exit strategy, and the borrower's actual situation.

We Care About Your Outcome

Unlike predatory lenders, we structure deals with your exit in mind. We want you to succeed by refinancing back to a bank or paying out the mortgage entirely.

Professional Administration

Every deal is administered through our licensed administration company (FSRA Lic. #13636), with third-party legal closing, trust account compliance, and full transparency throughout.

The Process

1

Tell Us Your Situation

Fill out our short intake form or contact us directly. Describe your property, your timeline, and what you need.

2

We Review Your Deal

Stonefield reviews every deal based on property equity and exit strategy, not credit score. You'll hear back quickly.

3

Get Funded

Once approved, we work with your broker and lawyer to close the deal, often in as little as 48 hours when timelines are tight.

When Does a Private Mortgage Help?

Private mortgages solve specific problems. Here are the most common situations where Stonefield Capital helps Ontario borrowers:

Debt Consolidation

You're paying high interest on multiple debts and want to consolidate into one lower payment using your home's equity. We help you fix your credit, fast.

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Second Mortgage — Bad Credit

Missed payments, collections, or a consumer proposal closed the bank’s door. Stonefield lends on the equity behind your first mortgage, not your score.

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Equity Take Out — Bank Says No

You have equity in your home but the bank won't lend due to credit, income, or property type. Stonefield qualifies based on equity alone.

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Rush Closing — Urgent Timeline

Your closing date is days away and the bank pulled your deal at the last minute (or is too slow). Stonefield can close in as little as 48 hours.

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Bridge Loan — Sale Not Firm

You need to buy a new home but your current property hasn't sold yet (or isn't even listed). A private bridge loan covers the gap so you don't lose the purchase.

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Self-Employed — Income Hard to Prove

You run your own business and your tax returns don't reflect your true earning power. We look at your property, story and exit strategy, not just your T4.

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New to Canada — Short Canadian History

Savings, a career and a clean record from before you arrived, but a Canadian file that is only months old. Stonefield lends on the equity in the property, not on your bureau score.

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No Income Verification — Income Hard to Document

Commission, retired, between jobs, new to Canada, or a HELOC the bank declined. Stonefield lends on your home’s equity and exit, not on paystubs or the stress test.

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Power of Sale — Facing Forced Sale

Your lender has started power of sale proceedings. A private mortgage refinance can stop the process and keep you in your home or let you sell on your own terms.

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Rural Property — Bank Can't Value It

Acreage, well and septic, a village home with no recent sales nearby. Stonefield prices rural Ontario property from local comparable sales and lends on the equity that's there.

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Rental or Airbnb — Income Doesn't Count at the Bank

Real tenants or strong bookings, and a bank formula that discounts or ignores them. Stonefield lends on the property's equity and exit, for purchases and refinances.

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Estate or Probate — Bills Before the Sale

Beneficiaries, the CRA or arrears due before the estate property sells. Once probate is granted, the estate borrows against the property and repays from the sale.

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Construction Shortfall

Your new build is over budget or your construction lender won't release the final draw. Stonefield bridges the gap so your project gets completed.

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Mixed-Use Building — Apartments Over a Storefront

The bank keeps passing the file between its residential and commercial desks. Stonefield underwrites the whole building on its equity and exit.

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Already Have a Private Mortgage? Get a Second Opinion

Not sure your current private deal is fair? A licensed broker reviews the commitment or statement within one business day: in range, re-shop at renewal, or a better private is realistic. Free.

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Other Situations?

View all private mortgage solutions

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Common Questions from Borrowers

Can I get a mortgage with no income proof?
Yes. We underwrite on property equity and exit strategy. We may ask for NOAs, bank statements or other income documentation to ensure that you can service the loan or exit, but it is not a requirement for funding. Stonefield funds up to 70% LTV in the GTA and 65% in secondary markets without income verification, as long as the equity supports the loan and there's a clear path to repayment.
Will a private mortgage affect my credit?
Our private mortgages are registered on title but are not reported to the credit bureaus. That means the mortgage itself won't directly raise or lower your score, but using it to pay down high-interest balances (credit cards, collections, etc) will almost always improve your credit over the following 3 to 12 months.
How fast can I get funded?
Rush deals close in as little as 24-48 hours. Standard timelines are 2-3 business days from signed commitment and receiving the retainer to a funded deal. Stonefield issues same-day commitments on most files, so the bottleneck is usually the legal process, not our underwriting. We are always happy to refer ILR (independent legal representation) for your clients if needed.
What are the rates?
Residential rates start from 7.99% for low-risk first-position deals in the GTA and typically range up to 11.49% for higher-risk second positions in secondary markets. Final pricing depends on property location, LTV, position, and exit strategy. Factors like high net worth, low LTV, and a short clean-exit term can reduce the rate and fees.
Does Stonefield offer Third Mortgages?
We do occasionally lend in third position on exception but not behind other private lenders. In some cases, one lender will have multiple registrations on a property, technically making it a 3rd mortgage. In other scenarios, you may have a bank in 1st position and a B lender in second position (i.e. Home Trust Equity Line Visa). If you require a third mortgage with a total effective Loan to Value of less than 65%, please reach out to us for underwriting.

Not Sure If a Private Mortgage Is Right for You?

Let's talk. We specialize in Ontario real estate and can provide a no-obligation assessment of your equity and situation.

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Borrowers

Get a call back about a private mortgage

Tell us roughly how much you need and the best number to reach you. We call back within one business day, usually sooner, and only ask for details once we know we can help.

Mortgage broker with a deal? Submit it here.

Roughly how much do you need?

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We use your details only to call you back about this request. Stonefield Capital is an FSRA-licensed mortgage brokerage (Lic. #13722); a licensed broker structures the mortgage. Prefer to talk now? Call (416) 371-2077.