Flexible Private Lending Solutions for Recent Immigrants Without Established Credit
At Assadi Private Capital, we recognize that Canada’s newest residents often face significant barriers to securing traditional mortgage financing. Despite stable income, equity, or a meaningful down payment, many recent immigrants are declined by banks and institutional lenders due to a lack of Canadian credit history or permanent status. We offer private mortgage financing tailored to these realities, structured to serve new Canadians who are creditworthy but not yet “bankable.”
We fund short-term, real estate-secured loans arranged through licensed mortgage brokers and regulated financial professionals across Canada. If your client is new to the country and needs a mortgage solution, we may be able to help.
Who We Can Help
Our lending programs may be suitable for new Canadians who:
• Recently immigrated and have not yet built a domestic credit profile
• Are working full-time but receive income through contracts, self-employment, or family sponsorship
• Hold temporary residency or are in the process of obtaining permanent status
• Have sufficient equity or down payment but were declined by banks or “B” lenders
• Need bridge financing to complete a home purchase, refinance, or consolidate obligations
• Own property in Canada but lack the credit history to access conventional refinancing
We consider each file based on the borrower’s broader profile, not just their credit score or time in Canada. Where there’s viable collateral and a clear repayment strategy, we’re open to lending.
Loan Terms and Parameters
• Financing amounts typically range from $50,000 to $250,000
• 1st and 2nd position mortgages on residential or mixed-use properties
• Loan-to-value typically up to 75%, depending on location and asset quality
• Interest-only terms of 6 to 18 months
• Exit strategy may include refinancing, sale, or establishing future bank eligibility
All mortgages are arranged through licensed professionals. We do not deal directly with the public.
Why Private Lending Can Make Sense for New Immigrants
Private mortgages are not meant to replace traditional financing in the long term. Instead, they serve as an interim bridge, a short-term solution to help new Canadians settle, establish credit, and build eligibility for future bank loans. When used responsibly, this type of financing allows a borrower to:
• Purchase or retain a home before full bank approval is possible
• Rebuild or establish a credit track record tied to a secured asset
• Avoid high-risk borrowing options such as payday lenders or unsecured debt
• Navigate immigration, employment, or sponsorship transitions without losing access to housing
Working with Assadi Private Capital
We are a direct private lender that operates exclusively through licensed mortgage brokers and financial intermediaries. We underwrite deals with an understanding of immigration-related complexities and take a pragmatic, asset-based view of risk.
Our decisions are made in-house. We do not require outside investor committees or policy overrides. This enables us to move quickly when timing is critical and to consider applications that might be dismissed by institutional lenders for reasons unrelated to borrower viability.
Let’s Work Together
If you are a mortgage broker, financial advisor, or legal professional representing a recent immigrant who needs a mortgage solution, we invite you to contact us. Our lending programs are designed for flexibility, and we welcome inquiries involving complexity, urgency, or transitional circumstances.
Submit a deal summary through our website or call our office to discuss suitability. We are actively lending to new Canadians and are committed to improving access to fair, secured financing.