If you are unable to find a lender in the Rates section, that lender might be located in our Alternative Lending section.
On Lender Spotlight, the Rates section allows you to search and filter lenders who provide insured, insurable, uninsurable products and lenders who have Alt A/B or near prime programs with set products rates.
The Alternative Lending section contains lenders who have more speciality products for construction, commercial, and residential. Lenders with products that have non-defined product rates and those lenders where brokers are charging fees for service.
Non-defined rates is where a lender is non-definitive in what rates are for every term or product. For example a lender may have a rate sheet where it will say 1-5 year terms are available starting at 5.99%. You would need to contact the lender to get know the actual deal rate and pricing.
To access the Alternative Lending section, click on the icon on the left menu.
Any questions, please reach out by clicking on the live chat button in the bottom right. Alternatively you can email us at: support@lenderspotlight.ca