Ontario mortgage solutions

Special offer rates

NEW short-term alternative reverse mortgage up to 50% LTV - no age restriction!

TermMax. AmountRateFee
1 Year<50% $1M10.49% Fixed1.00%
2 Year<50% $1MPrime + 3.79%1.50%

* Rates subject to change
* Renewal at end of term into 1 year closed fixed rate mortgage
* Current Bank of Canada prime as of September 6, 2023 is 7.20%

Sequence Capital’s alternative reverse mortgage has the following unique features:

  • No age restrictions – not the traditional reverse mortgage only for those over 55 years of age
  • Lower penalties than traditional reverse mortgages – 3 months interest penalty
  • Available for a 1 and 2 year terms
  • 1 year term open 30 days prior to maturity, 2 year term open in the 13th and 24th months
  • Major urban centers in the Ontario, British Columbia and Alberta
  • SFD and Condo’s for owner occupied and rental
  • Min Beacon Score 620
  • Maximum mortgage size of $1,000,000
  • Submit through Velocity, Finmo, Filogix and Lendesk

Contact your BDM today for information about this exciting new program!

NEW DSCR Rental Mortgage

Up to 75% LTV – No Maximum Rental Exposure!

Sequence Capital’s latest product offering has the following unique features:

  • Easy qualifying using a debt service coverage ratio (DSCR) from a minimum of .75 to 1.00 (depending on property type)
  • Qualifies on SUBJECT PROPERTY ONLY. All other properties and related costs/debts excluded from ratios – no maximum to units owned by client
  • Property type: Single Family up to 4-plexes
  • Available for 1, 2, 3, and 5 year terms, Purchases and Refinances
  • Rental types include student housing and short-term rentals (including AirBNB)
  • Major urban centres Ontario, British Columbia & Alberta and strong secondary markets
  • Min Beacon Score 620
  • Personal and Corp. ownership
  • Amortized up to 40 years (interest only available)
  • Minimum loan size of $200K, Maximum loan up to $2M

DSCR = 100% market rents/PITIA (Principle + Interest + Taxes + Insurance +Assoc./Condo fees)