In real estate investment, timing is everything. The right property can hit the market and be gone in a matter of days, or even hours. That’s why real estate investors look for fast mortgage approvals: the ability to move quickly on financing can make the difference between landing a potentially profitable deal or watching it slip away.
That’s where Calvert Home Mortgage stands out. We specialize in providing fast, flexible financing built for real estate investors, empowering you to act quickly and confidently when opportunities arise.
How Fast is “Fast”?
At Calvert Home Mortgage, speed is built into our process.
- Commitment Letters in as little as 1 business day
We can typically issue a Commitment Letter in as little as 1 business day. We keep conditions to a minimum, so your Commitment Letter is a reliable document you can confidently use to make a competitive offer. It provides reassurance to both buyers and sellers that your financing is secured. - Funding in as little as 1-2 business days in Alberta / 1-3 business days in Ontario
On a rush basis, we can provide funding (money in your account) in as little as 1-2 business days in Alberta and 1-3 business days in Ontario (upon receiving all required documents). Note: A rush fee of up to may apply.
Quick funding matters because it ensures you secure the property and that your project doesn’t face delays due to financing. Staying on track reduces carrying costs and keeps your bottom line strong.
While not every deal closes this quickly, our team goes above and beyond to prioritize your closing deadlines. Our efficient in-house process gives us greater control, so you can count on us when timing matters most.
How We Move So Quickly
Our ability to fund deals faster than other lenders comes down to a streamlined, in-house process designed specifically for real estate investors.
Dedicated Underwriting Team
We have a dedicated underwriting team focused exclusively on supporting you.
No Appraisals
No appraisals are required on properties valued up to $1.5 million. However, multi-family properties with more than four units do. Instead, our team of Real Estate Analysts provides free in-house valuations, saving you time and money.
One Lawyer in Alberta
In Alberta, only one lawyer is required to complete the transaction because our team handles much of the due diligence and documentation internally. By taking on this work ourselves, rather than outsourcing it, we remove the need for a second lawyer to represent both sides. This not only saves you time and legal fees but also keeps the process more streamlined and under our direct control. The result: faster closings with fewer bottlenecks.
Pre-Approvals
We also offer pre-approvals to help real estate investors get a head start. With a pre-approval in place, much of the upfront work is already complete. We keep your application, credit, and Notice of Assessment (NOA) on file for one year. You simply provide proof of capital for each deal and any additional documents specific to the property, and we can move quickly to final approval. Learn more about pre-approvals here.
Why Fast Mortgage Approvals Matter
For real estate investors, time-sensitive opportunities are common. For example:
- A distressed property hits the market, and multiple buyers are competing.
- A seller requires quick closing.
- An off-market deal arises (many flip properties never hit MLS until after renovation).
In these scenarios, access to capital isn’t just about convenience – it’s about winning deals. Real estate investors can move faster and more decisively than their competition by working with Calvert Home Mortgage.
Real-World Examples of Our Fast Mortgage Approvals
Flip Case Study
A mortgage broker, who is also a real estate investor, needed a fast close on a flip property. Calvert Home Mortgage delivered a Commitment Letter within 1 business day and funded the deal within 5 business days of the initial inquiry.
As a result, the borrower renovated and sold the property in just 3 months and 8 days, earning a profit* of $85,457.70.
Read the full case study here.
*Net profits are not guaranteed and will vary depending on the project.
Interim Purchase Case Study
In another instance, a client required urgent short-term financing to avoid losing a $35,000 deposit and the property they were under contract to purchase. We issued a Commitment Letter within 3 hours and funded the deal within 1 business day of receiving the request.
This quick turnaround allowed the borrower to close the deal on time, protect their deposit, and secure the property. The borrower later refinanced with a B-lender and fully paid off our loan within 37 days.
Read the full case study here.
The Calvert Home Mortgage Advantage
Our commitment to speed isn’t just about efficiency. It’s about supporting real estate investors in maximizing opportunities, protecting their negotiating position, and growing their portfolios.
With Calvert Home Mortgage, you gain an edge in competitive markets where timing can make all the difference.
Ready to Move Fast on Your Next Opportunity?
Get pre-approved, and be ready to act when the right deal comes along. Connect with our team to get started.
For Alberta inquiries, contact Kaelan Nelson.
Email: kaelan@chmic.ca
Cell: 587-585-4571
Office Phone: 403-278-0249
Book a meeting here.
For Ontario inquiries, contact Katarina Jarossy and Dan Werner.
Based in the GTA?
Email: katarina.jarossy@chmic.ca
Cell: 416-799-2553
Office Phone:1-888-752-4642
Book a meeting here.
Anywhere else in Ontario:
Email: dan.werner@chmic.ca
Cell: 416-316-5336
Office Phone: 1-888-752-4642
Book a meeting here.
FAQs About Fast Mortgage Approvals
Q: How fast can I get a mortgage approved and funded with Calvert Home Mortgage?
A: We can typically issue a Commitment Letter in as little as 1 business day. Once we receive all required documents, we can provide funding in as little as 1-2 business days in Alberta or 1-3 business days in Ontario.
Q: Why does Alberta only require one lawyer?
A: In Alberta, Calvert Home Mortgage handles much of the documentation internally, so only one lawyer is needed. This simplifies the process, reduces costs, and speeds up closings.
Q: What is a mortgage pre-approval, and how does it help me?
A: A pre-approval means much of the upfront work is already complete. We keep your application, credit, and NOA on file for a year, so you can move faster when the right property appears. Pre-approvals give you confidence to make competitive offers and close quickly.
