Fix and Flip Financing
The Right Opportunity Won’t Wait.
Short-term financing for real estate investors
Banks won’t finance a property that needs work. We built our business on it.
Explore loan to values up to 80% with down payments starting at $10K, and fast tracked funding delivered on time.

✓ We accept properties in all conditions
✓ No valuations on properties up to 1.5M
✓ Use equity from other properties
Terms & Financing
Terms
6-12 months
Fully open with no prepayment penalties
Payments
Interest only
Preserve cash flow during your project
Down Payment
From $10K
Ideal for scaling real estate investors
Fast Funding
In the lawyer's trust
Up to 48 hours in Alberta and 72 hours in Ontario
How It Works
From Application to Funding in Four Simple Steps

Deal Submission
Application, NOA, renovation checklist, proof of funds

Review & Valuation
Free in-house valuation, typically within 1 business day

Profitability Analysis
Flip Analyzer review, ARV confirmation, Commitment Letter

Funding
Instructions to your lawyer, funded in as soon as 24 hours
Have a live deal ready to go?
Our team reviews all submissions and responds fast.
What We Offer
Why Real Estate Investors Choose Calvert for Flip Financing
We've built a streamlined process to keep your deal moving.
- Down payments from $10K in Alberta and Ontario
- We lend on properties in any condition
- Pre-approvals valid for up to one year
- Free in-house valuations on properties up to $1.5M
- Fully open mortgages with no prepayment penalties
- Commitment letters as fast as 1 business day
✓ No obligation
✓ Free deal analysis
✓ Fully open mortgages
✓ No obligation
✓ Free deal analysis
✓ Fully open mortgages
What We Look For
Behind every flip is a community getting a better home.
Here's what we look for in a flip real estate project.
A market with proven demand
Properties in cities and towns with 10,000+ residents where buyers are active and properties move.
A realistic renovation plan
A clear scope of work with itemized costs. The more detail you bring, the faster we can move on your deal.
Sufficient capital for the full project
Proof of funds to cover your down payment, renovation costs, and carrying costs for the duration of the project.
Accurate renovation costs
Conservative estimates with a buffer for the unexpected. We'll review your budget and flag anything that could affect profitability.
A clear resale strategy
Whether you're planning to sell, refinance, or rent, we want to understand your plan. The clearer your exit, the smoother the process.
An exit within 12 months
Our terms run 6–12 months, so your renovation and sale timeline should fit comfortably within that window.
Our Partnership Approach
More than a lender.
A team that knows your deal.
Most lenders see a property that needs work and walk away. We see the after-repair value and lend against what it will be worth, not what it's worth today.
Your numbers are our starting point
We review your purchase price, renovation budget, and ARV before you commit, so you know if the deal works before you're locked in.
We work with your broker
If you're working with a mortgage broker, we collaborate with them directly. We bring the capital and expertise to get the deal funded.
We move when you need to move
We move fast. We can deliver funds in the lawyer's trust within 48 hours in Alberta and 72 hours within Ontario.
How It Works
From Application to Funding in Four Simple Steps
We've built a streamlined process to keep your deal moving.

Submit Your Deal
Application, NOA, renovation checklist, proof of funds

Review & Valuation
Free in-house valuation, typically within 1 business day

Profitability Analysis
Flip Analyzer review, ARV confirmation, Commitment Letter

Funding
Instructions to your lawyer, funded in as soon as 24 hours
Have a live deal ready to go?
Our team reviews all submissions and responds fast.
Free Resources
Tools to help you run the numbers before you commit.
Know if your deal works before you submit. These tools are built specifically for real estate flippers.
Not sure how to use it? Watch: How to use the Flip Analyzer Tool →
Real Deal Case Studies
See how investors across Alberta and Ontario structured their projects. Get actual numbers and outcomes.
Real Deal Case Studies
See how investors across Alberta and Ontario structured their projects. Get actual numbers and outcomes.
Frequently Asked Questions
Questions About Flip Financing
Hear It From the Investors We've Funded
Most lenders won't help clients with dreams of buying, fixing, and selling a property, to put some money in their pocket. Except for Calvert. A big part of their business is helping people with vision; to bring a property back to life for someone else to enjoy, and help everyone benefit from it. They are a grounded lender with common sense and many many years of experience when it comes to what we call Flip Financing. Always a pleasure to partner with Calvert to help our clients renovate and sell properties.
Always enjoy working with Calvert. Fast, reliable, easy to work with, 10 out of 10!!
Spenser, Katarina and the team at Calvert Home Mortgage are true partners. When working with clients who are looking for creative financing solutions for their investment projects, true teamwork and cooperation with my lenders is important to me --- for me, Calvert provides this, which is why I will continue to recommend them as a partner to my clients.
Kat and Hannah are incredible partners and worked magic for our clients. Great lenders with great products :)
Calvert is amazing and always a pleasure to work with. As a mortgage broker, they have provided me with super fast and effective solutions that have been able to help my clients when funds were quickly required. Thank you!
We had such a great experience working with the Calvert Mortgage team! A special shout out to Logan and Garrett for their exceptional service. They were always quick to respond, provided clear communication, and went above and beyond with creative solutions to make sure our clients' purchase transaction closed smoothly and on time. Their professionalism, problem-solving skills, and dedication truly set them apart. We couldn’t be happier and would highly recommend the Calvert Mortgage team to anyone looking for knowledgeable and reliable mortgage support!
I recently used Calvert Homes, and I must say Hannah was awesome to deal with and was very efficient and kept me up to date as the deal was getting processed. Hannah was also very knowledgeable and was able to turnaround the deal and get it funded in about a weeks time and honestly was great to deal with throughout the whole process and was always available to answer any questions I had. I will definitely be utilizing Calvert homes again in the near future. Thanks Sukhy
Protect your personal information. This company experienced a data breach and unnecessarily compromised my personal banking information despite not needing to store that information any longer. I reached out and spoke with their Chief Risk Officer many times for more information on the issue but he could not share many details. They assured me that the “experts” they consulted determined the risk to be minimal and offered a one year subscription to a credit monitoring agency. After researching, I requested an extension because I was not satisfied with 12 months of coverage. Many emails and phone calls later, the answer was a flat out “no”. The conversation remained amicable but it’s clear that no exceptions will be made and their relationship with me as a former client was not important. Two stars were given due to their initial response, the rest were docked because of their lack of transparency and unwillingness to compromise.
As a Mortgage Broker, I would like to thank Spenser Brooks (UW) and Calvert Mortgages. It was my immense pleasure to work with you. You are one of the most amazing Underwriters at Calvert that I had a pleasure of working with. Your skillset truly helped navigating the the entire file in the holiday season. Kuddos to you. Manny more files coming to Calvert and surely your way! Thank you once again for all the support. One of the best lenders in private space so far.
As a mortgage broker, I work with many lenders, but I have to say that Maggie truly stands out. From the very beginning, she went above and beyond to help me navigate complex deals with clarity and efficiency. Maggie is not only knowledgeable and thorough but also incredibly responsive, always ready to answer questions and provide valuable insights to keep my transactions moving smoothly. I highly recommend working with Calvert!
As a mortgage broker, I was looking for a quick second mortgage solution for my clients to consolidate debts, and working with Calvert Home Mortgage Investment Corporation was an incredible experience. Rob and Spenser were outstanding throughout the process. Spenser, my dedicated underwriter on this file, was highly professional and knowledgeable, making the entire transaction seamless. The team acted swiftly, understanding the urgency, and ensured the file was funded quickly without any hurdles. Their expertise and efficiency exceeded my expectations, and I’m beyond impressed with the service. I highly recommend Calvert for anyone needing reliable and professional mortgage solutions!
I needed a last-minute bridge loan for a client, and as always, Calvert delivered. Their responsiveness to my questions and the application process was impressive, and they secured approval in record time. I truly appreciate their reliability and efficiency!
Garrett from Calvert was quick to respond and found a very reasonable solution to my finance request. Turn around was super quick and deal funded on time :). Thank you
I had an outstanding experience with Calvert Home Mortgage! Their service was top-notch, offering great products and incredibly quick turnarounds. A special shout-out to Rob Maver, who was exceptional throughout the entire process. Rob was incredibly responsive, providing answers and updates around the clock, which made the entire experience smooth and stress-free. It’s clear that Calvert Home Mortgage values their clients and broker partners, and goes above and beyond to ensure satisfaction. Highly recommend their products for anyone in need of a reliable mortgage lender!
I worked with Calvert on a recent mortgage for one of my clients. This client was working on a flip opportunity and Calvert made the mortgage approval process quick and easy for the home purchase. I worked with Spencer and Meena. They were fantastic and very knowledgeable. Thanks, Calvert.
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