More deals, less admin
Fast Responses, Fast Funding
Upon file submission, brokers are responded to within 1 hour, receive mortgage commitments within 48 hours, and funding within 5 business days.
File Transparency
Each broker has their own Broker Portal, in which they can automatically track the status of each of their files, no matter how many.
Broker Incentive Program
With BMG, brokers can earn additional revenue for their business when they achieve annual funded volume metrics, and target Loan to Value (LTV) metrics.
Our Products
Residential
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9.5% Interest
2%-3% Lender Fee
Flexible Terms
$100k minimum, no maximum
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11%+ Interest
2.5% Lender Fee
Must not be behind a private 1st
$100k minimum, no maximum
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11% - 13% Interest
3%+ Lender Fees
Quick Closing
Flexible Terms (beyond 90 day terms)
High Capacity (no limit to funding volume)
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9.5% Interest
2.5% Lender Fee
We will fund up to 100% of the original purchase price of a pre-construction unit, with no TDS/GDS requirement, by using 70% of the current appraised value of the unit.
This can allow the borrower to;
Cover the initial deposit
Cover development fees
Cover interim occupancy fees
Allow the borrower to close on the unit by using the property's equity
Provide cash to the buyer at closing
Commercial
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Up to 75% LTV
11%+ Interest
3%+ Lender Fee
Flexible Options
No maximum Loan Value
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Up to 75% LTV
11%+ Interest
3.5%+ Lender Fee
Cannot be behind a private 1st mortgage
No maximum Loan Value
LTV by Geography
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City of Toronto/Core
Etobicoke
North York
Oakville
Burlington
Mississauga
Milton
Newmarket
Pickering
Ajax
Whitby
Oshawa
Hamilton
Kitchener
Waterloo
Scarborough
Markham
Guelph
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Simcoe County
London
Niagara
Kingston
Halton Hills
King
Aurora
Stouffville
East Gwillimbury
Uxbridge
Clarington
Brock
Caledon
Rural Southwest On.
Rural Peel
Rural Durham
Rurual Halton
Rural York
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Rural communities north of Barrie and outside 20km from populations of 50k+