HOMEOWNERS IN CANADA
HOMEOWNERS WITHOUT HELOC OR MORTGAGE
HOMEOWNERS WITH HELOC WITHOUT MORTGAGE
HOMEOWNERS WITH HELOC AND MORTGAGE
RENTERS
DoubleClick Lending provides a digitized mortgage process for a fast and convenient approval of new mortgages and home equity loans for borrowers who do not qualify with the big banks.
We are a one-of-a-kind, online community lending platform that facilitates home equity loans and new mortgages by connecting borrowers with private lenders across Canada.
$1.6 trillion mortgage market in Canada – 1% or $16 billion of which consists of private lenders and MICs
9.91 million homeowners in Canada
6 million people have mortgages
850,000 homeowners took out equity from their homes
A survey of Non-Bank Mortgage Lenders in Q2 of 2019, indicated an increase in residential mortgages extended by non-bank lenders growing by 25.4% to $41.1B
Market Share: 72%
Average Mortgage: $220,650
Interest Rate: 3.1% – 5.2%
Delinquency Rates: 0.24%
Market Share: 14%
Average Mortgage: $156,817
Interest Rate: N/A
Delinquency Rates: 0.17%
Market Share: 9%
Average Mortgage: $247,828
Interest Rate: N/A
Delinquency Rates: 0.24%
Market Share: 1%
Average Mortgage: $254,986
Interest Rate: 7% – 15%
Delinquency Rates: 1.78%
DoubleClick Lending is disrupting and expediting innovation in the mortgage market by streamlining the use of online mortgage services.
In recent years, Canadian banks have been transforming to become more digital.
ZERO BROKER FEES FOR HOME EQUITY LOANS $50K AND BELOW
DoubleClick Lending is one of the first platforms to introduce a community lending model for mortgages
We offer full-service first mortgages and home equity loans using traditional and community lending
Enable private lenders to come to a one-stop shop where their capital can be directed toward borrowers
Community lending can provide low mortgage rates for borrowers and lucrative interest rates for lenders
We ensure full transparency of fees and honesty throughout the application process