Investing in real estate is a great way to build your financial wealth.

Most banks have guidelines that can restrict a Real Estate Investor’s ability to finance multiple properties. 

Calvert Home Mortgage specializes in working with Real Estate Investors and their Mortgage Brokers. 

We lend to flippers buying to fix up and resell properties for a profit. We also lend to BRRR clients who buy, renovate, rent, and refinance properties. If you are a BRRR or flip client, we can all work together to maximize your leverage. 

We will create a plan with your Mortgage Broker to get you the capital you need to cashflow your properties. Whether you have one property or 100, we are here to help.

Start and Scale Your Portfolio with Calvert Home Mortgage

Lending on the After Repair Value (ARV)

We value your property as though it’s already renovated, compared to lending on the ‘as is’ value. We offer up to 80% Loan to Value (LTV) on the After Repair Value (ARV), making reaching your goals easier.

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 $20K in Ontario.

Fast Approval Process

We understand the urgency in securing Flip/BRRR (Buy, Renovate, Rent, Refinance) mortgages. We can provide funding on a rush basis within 1-2 business days in Alberta and 1-3 business days in Ontario after receiving all required documents. A rush fee of $1,000 may apply.

In-House Services = Fast Analysis & No Appraisal Fee

We provide numerous in-house services, saving you valuable time and money. Calvert Home Mortgage’s in-house legal services in Alberta mean reduced legal fees and a highly efficient legal process. We offer FREE in-house valuations which are typically completed within 1 business day, with no appraisals required on properties valued up to $1.5 million. Appraisals are required on multi-family properties greater than four units.

No Payout Penalties

We welcome early repayment. Our Flip/BRRR (Buy, Renovate, Rent, Refinance) is a fully open mortgage with no prepayment penalties and a no renewal fee option for borrowers in good standing.

Pre-approval on a Personal Basis

We can pre-approve you on a personal basis, meaning a single application. A one-time credit approval means more time to spend building your portfolio of investment properties.

Less Paperwork

With our single application process, you can focus on buying, selling, and renting out properties – not on exhaustive paperwork.

Making Sense of the Numbers

Together we can quickly calculate the renovation budget and purchase, financing, operating, and selling costs. By understanding all costs involved, you can find and complete better, more profitable deals.

Focus on Knowledge

We view lending as a partnership and provide capital, tools, and advice to help you generate more profits. We are continually creating and developing tools, content, and sending out resources to support you on your real estate investment journey. Our team of real estate experts look at hundreds of deals a month and they are happy to share their knowledge!

Expert Help Every Step of the Way

All of our underwriters are real estate experts. With our 45 years of experience, our team can provide you with investment advice that saves you time, frustration, and money. We know exactly what it takes to make successful real estate decisions.

Our goal is to support you in being profitable on every deal.

Calvert Home Mortgage | Our goal is to support you in being profitable on every deal

What Makes A Successful Flip?

  • Buy right
  • Renovate for the market
  • Stick to a budget
  • Quick renovation
  • Understand renovation costs
  • Know your numbers

We provide customized Real Estate Investor ‘Fix & Flip’ lending solutions.

Get a second opinion on your real estate valuations and renovation plan.

We love supporting and empowering Real Estate Investors!

It has always been a pleasure working with Calvert Home Mortgage

I am a long-term associate in the real estate industry and I can tell you that Calvert has been an exemplary lender to work with. I have worked with multiple clients of theirs. The personal service is like a small-town branch, not a big unfeeling bank. I do not hesitate to recommend talking to Calvert for your borrowing needs.  I like them so much, that I and my wife invest with them.

Calvert Home Mortgage | Christopher A
Christopher A

Founder of https://www.real-estate.ca

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. 

Providing an effortless experience since 1975

As of April 2023, we have lent over $1.5 Billion in mortgages and have financed more than 8,700 properties. 

Flip/BRRR Mortgages make up ~61% of our business. 

We place a significant focus on short-term lending with exceptional customer service and mortgage broker partnerships.

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 to investors with unique or challenging circumstances.
  • Simple and fast lending 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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