Say yes to buy-before-you-sell files
Six-month open bridge financing from 4.99%¹, interest-only, with no firm sale required to submit. We bridge the gap between buying and selling so your clients can secure their next home before the current one closes.
Our Mortgage Products
Bridge Loan Program
Submit your deals through
Bridge Eligibility
Our Process
We take pride in a quick turnaround and impeccable customer service.
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We are radically transparent about our pricing. Fill out the form to get our simplified pricing grid sent straight to your inbox.
Broker Reviews
“Neighbourhood Holdings is one of my top private lenders here in Vancouver. They provide my clients and me with great service and have very competitive interest rates and fees.”
“Neighbourhood Holdings is my favourite private lender in Ontario. It has always been my pleasure working with them: quick responses, flexible terms, competitive interest rates and fees. They are also willing to listen to feedback and always put customer first.”
“Neighbourhood Holdings provides my clients with competitive rates and flexible terms. They provide fast friendly service that allows me to successfully manage my client’s expectations.”
Frequently Asked Questions
For more questions about how we work, you can always reach out to our Sales Team at connect@neighbourhood.com
Bridge financing is a short-term loan that lets a homeowner unlock equity from an existing property to buy a new one before the existing property sells. Neighbourhood's bridge is a 6-month open term, registered over both properties and paid out from the sale proceeds.
Rates start at 4.99% in BC, AB, ON and NS, and 6.30% in QC and SK*, for 660+ beacon at 50% LTV. Every file carries a 1% lender fee. Final pricing depends on beacon, LTV, position and any deal-dependent premiums.
Up to 75% in BC, AB, ON, NS and QC, and up to 70% in SK*. Lower beacon tiers cap at 65%. In QC, LTV above 65% is limited to MLS purchases of single-family homes, freehold townhouses, duplexes and triplexes in Montreal or Laval.
Pricing tiers cover beacons from 500 to 660+. Borrowers with a 500–599 beacon qualify up to 65% LTV.
Interest-only for the full 6-month term.
The bridge renews for 12 months, fully open, with no lender fee. The renewal rate is estimated at the contract rate plus 2.25% and floats with CIBC Prime. The exact rate is set out in the renewal agreement.
Yes, with a premium. Private mortgage payouts from institutional private lenders (such as MICs/MIEs) add 0.25% up to 65% LTV. Refinancing a mortgage in arrears adds 0.50%. Foreclosure takeouts add 1.50%, up to 65% LTV in 1st position only.
Yes. The bridge is fully open. Your client can pay out or pay down the day the sale closes, with no prepayment penalty and no notice period.
In BC, AB and ON, yes: we offer 1st on both properties, 1st on the purchase and 2nd on the sale, or 2nd on both. In Nova Scotia, Quebec and Saskatchewan, the bridge is 1st position on both properties.
Yes. Rental and investment properties add 0.50%. Borrowers with valid work or study permits who live in Canada and are exempt from the foreign buyer ban add 0.50%.
Yes. Loans of $1.5M–$1.75M add 0.50%, $1.75M–$2M add 1.00%, and amounts over $2M add 1.50%.
When the existing property sells, 100% of the net sale proceeds (after standard selling costs like realtor commissions and legal fees) are applied to the mortgage, and that property is discharged.
Yes, a full appraisal is required on all properties. Pre-sales are valued at the lower of appraised value or purchase price.
Rates are variable with a floor, so the rate never drops below the quoted rate even if prime falls. A fixed rate is available for an additional 0.50%.
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