Financing Solutions When
Traditional Lending Isn’t The Right Fit

Access the equity in your home with flexible financing from a trusted Canadian private lender.
Whether you’ve been declined by a bank, need to consolidate debt, refinance an existing
mortgage, or access funds for other financial goals, we’re here to help.

Access Your Home Equity

Whether you’re consolidating debt, renovating your home, refinancing a mortgage, funding a business opportunity, or covering unexpected expenses, Draft Financial provides
flexible home equity loans and second mortgages tailored
to your financial goals.

Why Choose Draft Financial?

  • Fast Approvals
  • Private Canadian Lender
  • Flexible Lending Solutions
  • Credit Challenges Considered
  • Flexible Income Verification Options
  • Funding Available in as Little as 24 Hours

Use Your Equity For

  • Debt Consolidation
  • Home Renovations
  • Mortgage Refinancing
  • Business Financing
  • Emergency Expenses
  • Property Tax Arrears
  • Foreclosure Prevention

If your home has available equity, Draft Financial can help you access flexible financing solutions tailored to your situation.

No Obligation Pre-Approvals

When the bank says no,
home equity financing may be an option.


Complete the form below and a member of our team will
contact you to discuss your financing options.

Privately Explore What You Qualify For

NO CONTACT INFORMATION REQUIRED. NO OBLIGATION.

Use our Free Quick Qualifier to estimate potential loan amounts and monthly payments in just a few minutes.
If you’re happy with the results, you can choose to connect with our team to discuss the next steps.

START THE QUICK QUALIFIER

We’re Here To Help

At Draft Financial, we understand that not every homeowner qualifies for traditional bank financing. As a Canadian private lender, we provide home equity loans, second mortgages, and flexible financing solutions tailored to your unique situation.

Rather than relying solely on credit scores, we take a practical approach that considers the equity in your property, your financial circumstances, and your goals.

Whether you need to consolidate debt, access home equity, obtain a second mortgage, refinance an existing mortgage, finance a business opportunity, or secure financing with credit challenges, our team works to find a solution that fits your needs.

Private Lending Solutions, Home Equity Loans,
& Second Mortgages in Western Canada

Flexible financing solutions for homeowners looking to access home equity,
consolidate debit, refinance existing mortgages, or overcome credit challenges.

Home Equity Loans

Access your home’s equity for renovations,
debt consolidation, investments, emergency expenses, and other financial goals.

Business Loans

Access business financing using your home
equity to support growth, working capital,
or new opportunities.

Interest-Only Mortgages

Flexible interest-only mortgage options designed to keep monthly payments manageable while providing short-term financing.

Bad Credit Mortgages

Looking for a mortgage with bad credit?
We focus on your property’s equity and
overall financial picture.

Debt Consolidation Loans

Use your home equity to consolidate
high-interest debt, reduce monthly
payments, and simplify your finances.

Mortgage Refinancing

Refinance your existing mortgage to
access equity, consolidate debt, or
improve cash flow.

Built Around Equity, Not Obstacles.

We Consider the Full Picture.

Frequently Asked Questions

How can I access the equity in my home without selling it?

If your home is worth more than what you currently owe against it, you may be able to access that equity through a Home Equity Loan or second mortgage. Homeowners often use available equity for debt consolidation, home improvements, business purposes, unexpected expenses, or other financial needs without having to sell their property.

Can I qualify for a Home Equity Loan if I have bad credit?

Yes. Many private lenders focus primarily on the available equity in your property rather than relying solely on your credit score. While every application is unique, homeowners with credit challenges may still qualify for financing based on the strength of their property and overall situation.

Can I get approved if the bank has declined my application?

Possibly. Traditional banks often have strict lending guidelines related to income, credit history, and debt servicing. Private lenders can take a more flexible approach by considering the equity in your property and reviewing each application based on its individual circumstances.

What is a private lender and how does private lending work?

A private lender provides real estate-secured financing outside of traditional banks and credit unions. Private lending can offer flexible financing solutions for homeowners, investors, and self-employed individuals who may not meet conventional lending requirements.

What is the difference between a Home Equity Loan and a Second Mortgage?

The terms Home Equity Loan and Second Mortgage are often used interchangeably because both allow homeowners to borrow against the equity in their property. A Home Equity Loan provides access to funds secured by your home, while a Second Mortgage is an additional loan registered behind your existing mortgage. Both can be used for debt consolidation, home renovations, mortgage refinancing, business financing, or unexpected expenses.

What can I use a Home Equity Loan for?

Home Equity Loans can be used for a variety of purposes, including debt consolidation, property taxes, home renovations, business financing, investment opportunities, and other financial needs. The funds are secured against the available equity in your property.

How much equity do I need to qualify for a Home Equity Loan?

Homeowners can often borrow up to 75% of their property’s value, including any existing mortgages. The amount available will depend on factors such as your home’s value, current mortgage balance, location, and overall financial situation. Properties located in larger urban centres may qualify for higher lending amounts than rural properties. Our team will review your circumstances and help determine the financing options available to you.

How quickly can I get approved?

Approval timelines depend on the complexity of the application and how quickly required information is received. In many cases, applications can be reviewed within hours, with funding often available significantly faster than traditional lending channels.