Investing in real estate is a great way to build your financial wealth.
However, traditional banks often have strict guidelines that can limit your ability to finance multiple properties.
That’s where Calvert Home Mortgage comes in. We specialize in partnering with real estate investors and their mortgage brokers to provide fast and flexible financing solutions.
Whether you’re flipping properties to resell or buying, renovating, renting, and refinancing to grow your portfolio, we’ll work together to help you maximize your leverage.
Our team collaborates with your mortgage broker to create a customized plan that gets you the capital you need to cashflow your investments—whether you’re managing one property or 100.
Curious about our rates? Submit this form to get our rates and product details sent to your inbox instantly.
Start and Scale Your Portfolio with Calvert Home Mortgage
Fast Track Funding
Commitment Letters are typically issued within 1 business day, with funding available in as little as 1-2 business days in Alberta and 1-3 business days in Ontario, upon receiving all required documents. This ensures a smooth, efficient transition from approval to closing—so you can close deals quickly, exactly when it matters most.
Low Down Payment Options
Less money down means you can maximize your investment opportunities. We offer down payment options as low as $10K in Alberta and Ontario.
No Appraisals. Faster Turnaround.
No appraisals are required on properties valued up to $1.5 million. Appraisals are required on multi-family properties greater than 4 units. Free in-house valuations are typically completed within 1 business day. This saves you valuable time and money.
Flexible Mortgage Solutions
We provide fully open mortgages with no prepayment penalties, as well as flexible solutions that allow the use of equity from another property as security.
Personal Pre-Approvals
Our pre-approvals focus on you, not just the property – giving you the confidence to act fast on investment opportunities. You’ll work directly with our decision-makers, the Underwriters. Property valuations are done in-house at no cost within 1-2 business days, saving you time and money and empowering you to make informed decisions.
Our pre-approvals are valid for up to one year. This gives you the flexibility to pursue multiple opportunities without starting the process from scratch each time. If another project arises within that year, we only require updated documents to move forward, saving you time and effort in securing financing.
We Fund Properties In All Conditions
Whether it’s outdated, damaged, or completely uninhabitable, we don’t shy away from properties that traditional lenders reject. Our team understands the value beyond appearances — we focus on the opportunity, not the condition. That means faster approvals and funding for your clients, even on distressed or neglected real estate. If the numbers work, we’re in.
Our goal is to support you in being profitable on every deal.
What makes a successful flip?
Buy the right property
Renovate to meet market demand
Stick to your budget
Complete renovations quickly
Accurately estimate renovation costs
Understand your overall financials
We offer tailored lending solutions for real estate investors focused on both fix-and-flip projects and buy-renovate-rent-refinance strategies.
Plus, get a second opinion on your property valuations and renovation plans to help you make confident, informed decisions.
At Calvert Home Mortgage, we care about you and are committed to your financial success.
We provide short-term mortgage solutions powered by attentive care, and a responsive, collaborative team of experts.
Rating
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.
As a mortgage agent, Calvert has become my go to for extensive renovation/flip files. Their staff is extremely responsive and they will work with you to make the deal happen. I am looking forward to our next transaction together!
Always a pleasure working with the team at Calvert. The staff is extremely knowledgeable and responsive.
Frequently Asked Questions
We understand every investment is different. Here are some of the top questions we get from real estate investors.
Do you provide renovation funds?
As a short-term residential mortgage lender focused on supporting real estate investors, we understand that renovations are often a critical part of your investment strategy. While we don’t directly fund renovations, we offer flexibility by allowing you to use equity from another property you own as security. This equity can be used to access additional funds for renovations, larger down payments, or potentially lowering interest rates.
The loan-to-value (LTV) we consider on blanket properties depends on multiple factors, and we are here to guide you through the process and ensure your financing aligns with your investment goals.
We require proof of funds for:
- Down payment
- Renovations
- Closing and carrying costs
At Calvert Home Mortgage, we’re committed to supporting your growth as a real estate investor, providing access to the capital you need to succeed.
Can the down payment, renovation costs, and carrying costs come from borrowed funds?
Yes, we allow the down payment, renovation costs, and carrying costs to come from borrowed funds.
We do expect you to invest some of your own funds and demonstrate the ability to cover our mortgage and any borrowed amounts. We also require transparency about the source of these funds. If they come at a cost, we’ll assess the payment obligations and ensure they align with our lending criteria. Gifted funds are accepted, as long as they are properly documented.
Our goal is to provide you with the flexibility to make your investments work for you while ensuring the financials align with our lending guidelines.
Do you offer financing for out-of-province borrowers?
Yes, as long as the property is in Alberta or Ontario, and you are a resident of Canada. We’ll want to ensure you have a clear plan for managing the project remotely – supporting you to stay on track and maximize success.
Do you fund multi-family or construction properties?
We provide financing for multi-family and select commercial properties, such as office and retail spaces. This enables you to diversify your portfolio with income-generating projects. While we don’t fund industrial properties, this targeted approach ensures you can focus on high-demand property types with strong marketability, supporting your ability to build wealth through a balanced investment strategy.
What are your requirements for joint venture deals?
At different stages of your real estate investment journey, joint ventures (JVs) might be the strategy that works best for you. We’re here to support you, and we may even connect you with a JV partner to help maximize your opportunities.
To move forward, we require:
- Joint venture agreement
- Proof of funds
- Completed third-party information form
Is the down payment for a flip mortgage based on the purchase price or the after-repair value (ARV)?
For flip mortgages, the down payment is based on the property’s purchase price, not the after-repair value (ARV). This means you can secure financing with a smaller initial investment, allowing you to focus more capital on renovations and improvements.
We know that maximizing your investment potential is key, so we ensure the down payment structure is designed to support your project’s success. With the purchase price as the basis, you can move forward with confidence, knowing that your down payment won’t be inflated by projected property values post-renovation.
Check out our full FAQ resource and get the clarity you need to move forward with confidence.
Our Underwriting Philosophy:
Profitability Comes First
Your success is our primary goal, and profitability is our first underwriting filter. We partner with you and your mortgage broker to make careful real estate investment decisions to maximize your profits.
Lending For Success
We set investors, flippers, and BRRR clients up for success by lending up to 80% Loan-to-Value of the After Repaired Value. You just cover the cost of renovations and make monthly interest-only payments.
We work with BRRR (Buy, Renovate, Rent, Refinance) clients and their mortgage brokers to refinance once the property is renovated and rented. This approach reduces short-term mortgage financing costs.
Explore our resources designed to help you invest smarter — from insights to tools, it’s all in one place.
Learn more about our Flip and BRRR (Buy, Renovate, Rent, Refinance) mortgage solutions.
Providing an effortless experience since 1975
As of November 2025, we have lent +$2.8 billion in mortgages and have funded +11,000 deals.
We place a significant focus on short-term lending with exceptional customer service.
WHERE ELSE WILL YOU FIND:
- Capacity to offer mortgages for high-volume investors.
- Low down payment options.
- Help new investors to get into the real estate business.
- A focus on short-term lending options.
- Flexible lending for real estate investors with unique or challenging circumstances.
- Simple and fast process with funding on a rush basis in 1-2 business days in Alberta, 1-3 business days in Ontario after receiving all required documents. A rush fee of up to $1,000 may apply.
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