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.

Calvert Home Mortgage | 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.

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

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

Calvert Home Mortgage | Real Estate Investors

As of May 2025, we have lent +$2.4 billion in mortgages and have funded +10,700 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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