We’re happy to announce that you can now submit mortgage applications directly to Neighbourhood Holdings through Velocity.
Fair and alternative residential mortgages across British Columbia, Alberta,
Manitoba, Ontario, and Quebec.
Market-leading pricing and unbeatable service for our Broker partners.
Neighbourhood is an alternative lender focused on residential first mortgages across Canada in major urban centers, and we take pride in a quick turnaround and impeccable customer service.To summarize our guidelines:
- LTV: Up to 75% for purchases and refinances subject to credit
- Loan Amount: Up to $2M subject to our internal sliding scale
- Credit: Min. beacon is 500+ with no existing mortgage arrears, past bankruptcies are okay
- Property Type: Single-family and multi-family up to three units, long term rentals are okay
- Some of the Neighbourhood Perks:
- BDM hotline – we always answer the phone if you need help with a file
- 24h commitments and consistent underwriting – stated income only, no max GDS/TDS, and minimal documentation requirements
- 100% transparency – no hidden fees or surprises when it’s time to close
Application received
Initial request made online via Velocity via the Alternative section of the Lender Product Menu – also available in Discovery
8 hours
Our team reviews your request within 8 hours.
24 hours
We approve within 24 hours or less on average
In what situation should you give us a call?
We provide access to capital for self-employed individuals, people working through life events such as divorce, or those that are bridging the gap between real estate transactions.
+1 (604) 568-4063