Equity Lender

A lender who lends primarily based on the value of the property (i.e  the security).

Equity lenders often put less emphasis on a person’s credit and income.

Loan-to-values are usually lower at an equity lender to offset the higher risk.

More Stories
rbc says mortgage regulation needed to control house prices
The Latest in Mortgage News: OSFI to Re-launch Review of the Uninsured Stress Test
Copy link