Second Mortgages and Home Equity Loans. Fast and Easy!

Draft Financial is a private Canadian lending company with the flexibility to provide you with the loan you need. Even if you’re recovering from bad credit, if you need a loan, you have a friend in Draft Financial.

Instant Approvals.

Receive your money in as little as one day. Draft Financial is the fastest, most flexible private equity lender in Canada.

No Credit Check. No Income Verification.

If you own your home and it is worth more than what you owe against it, we will approve you for a home equity loan.

Easy Loans For Any Situation.

We are lending specialists unlocking the equity in your home so it can work for you. Draft Financial offers experienced, personalized service.

  • Debt Consolidation
  • Home Renovations
  • Foreclosure
  • Business Loans
  • Vacation Loans
  • Mortgage Refinancing

No Obligation Pre-Approvals

When the bank says no – we’re here to help you. Fill out your details below and we’ll contact you to discuss your options. Absolutely no-obligation.

Once your pre-approval request is sent, someone from our team will be in touch within 48 hours.

We are here to help.

Your friends at Draft Financial will listen. We are not bound by bank rules. We want to help you unlock the equity in your home so it can work for you.

Your credit score or employment status is not required for approval.

Proof of income and credit checks are not required.

Flexible terms and interest only payments are available.

If you have equity in your home, we will lend you money, regardless of your current financial status.

Lending Solutions

Equity

We lend against the equity in your home. If your home is worth more than you owe, we will let you access your equity.

Interest Only

Flexible mortgage solutions including low monthly payments, even interest only monthly payments.

Debt Consolidation Loans

Use your equity as security to pay off high interest debt. Reduce your monthly payments!

Business Loans

Your home equity can finance your business or help start a new business.

Bad Credit

Bank says “No”? The banks have strict requirements. We are a private lender, we have more flexibly.

Refinancing

Send us your renewal letter on any existing second mortgage.

Find Out How Much You Can Borrow

Find out how much you’re eligible to borrow with a home equity loan by using our free, no obligation home equity calculator.

FAQS

What is a private lender?

A private lender lends out their own money. We are not bound by the same rules and restrictions as traditional banks. The banks say NO, we say YES.

What is needed to qualify for a Home Equity Loan?

If the value of your home is greater than what you owe on your mortgage, you qualify for a Home Equity Loan. Approval is not based on your current credit status. We do not conduct credit checks or require proof of employment.

Can I borrow money against my house when it is for sale?

If the value of your home is greater than what you owe on your mortgage, you qualify for a Home Equity Loan. Approval is not based on your current credit status. We do not conduct credit checks or require proof of employment.

How long does it take to get approved?

It can take as little as 2 hours! After filling out the contact form, we will reach out to request any documentation that is needed to complete the loan. For example, your current mortgage statement. Once the documents are received, you will have your answer. It’s just that easy.

What can I use a Home Equity Loan for?

You can start a business. Pay your property taxes. Consolidate your person debts. Pay Revenue Canada. Renovate your home. Enjoy a vacation or invest in the stock market.

Can I borrow money with bad credit?

Yes. If the value of your property is more than you owe – we will lend you money, regardless of your credit. We lend on the equity in your home, not your credit.