Lending Alternative lending,
transparent approach.
where phl fits in the lending landscape
We’re an alternative for borrowers when they don’t fit within the box conventional lenders have created.
AN INNOVATIVE TEAM YOU CAN TRUST
At PHL, we offer innovative alternative lending opportunities and an experienced team familiar with the ins and outs of the Canadian real estate market. We are committed to your and your clients’ success and prioritize solutions-focused partnerships where everyone wins.
In such a competitive market, brokers today are facing unique challenges and need a partner who speaks their language–one who is as committed to getting their client’s mortgage approved as they are. PHL is that partner. Offering competitive rates and fast approvals, we make securing a loan for your client easy.
- SAME-DAY FEEDBACK AND COMMITMENT WITHIN 24 HOURS
- EXTENSIVE REAL ESTATE AND BANKING EXPERIENCE
- FLEXIBLE DEAL STRUCTURE
- SERVING BROKERS FOR OVER 18 YEARS
Funded OVER$3B
Residential + Commercial
Up To 75%
Loan-to-Value
LOAN SIZES$30M
Minimum begins at $50k
COMMITMENT IN 24H
Accommodating rush deals
Lending guidelines.
Acting as your strategic partner in a market that demands quick action, we offer same-day feedback and commitment within 24 hours. With straightforward guidelines and clear communication, we take the guesswork out of alternative mortgage lending.
| Residential | 1st & 2nd Mortgage |
|---|---|
| Max LTV | 75% |
| Lending Areas | Major Urban Centres of BC, AB and ON |
| Min/Max Mortgage | $50,000 – $3,000,000 |
| Eligible Properties | Single Family Dwelling, Condominium Units, Townhomes, Acreages |
| Terms | 1 Year (No Prepayment Penalty) |
| Placement Fee | 1 – 3% |
| Rates | Please Contact Us or call 604.579.0846 (BC/AB) / 416.649.8275 (ON) |
| Construction | 1st & 2nd Mortgage |
|---|---|
| Max LTV | 65% |
| Lending Areas | Major Urban Centres of BC and AB |
| Min/Max Mortgage | $50,000 – $3,000,000 |
| Eligible Properties | Owner or Spec Build |
| Draws | Funds to be advanced in draws upon confirmation, via appraiser inspection, of work-in-place and cost to complete |
| Terms | 1 Year (No Prepayment Penalty) |
| Placement Fee | 1 – 3% |
| Rates | Please Contact Us or call 604.579.0846 |
| Commercial | 1st & 2nd Mortgage |
|---|---|
| Max LTV | 75% |
| Lending Areas | Major Urban Centres of BC and AB |
| Min/Max Mortgage | $50,000 – $30,000,000 |
| Eligible Properties | Industrial, Retail, Office, Mixed Use |
| Terms | 1 Year (No Prepayment Penalty) |
| Placement Fee | 1 – 3% |
| Rates | Please Contact Us or call 604.579.0846 |
| Land | 1st & 2nd Mortgage |
|---|---|
| Max LTV | 65% |
| Lending Areas | Major Urban Centres of BC |
| Min/Max Mortgage | $50,000 – $3,000,000 |
| Eligible Properties | Acreages, Building Lots, Land Development |
| Terms | 1 Year (No Prepayment Penalty) |
| Placement Fee | 1 – 3% |
| Rates | Please Contact Us or call 604.579.0846 |
Our Process
OUR Approved Appraisers Connect with our trusted appraiser network.
Lower Mainland
- Hooker Craig Lum Group (HCLG)
- Saran Appraisals & Consulting
- Lawrenson Walker Real Estate Appraisers
- Schenoni & Associates Inc.
- Macintosh Appraisals Ltd
- WesTech Appraisal Services Ltd.
- Adlaw Appraisals Ltd.
Kamloops
- Flynn Mirtle Moran
- Frilan Appraisals
Alberta
- Sage Appraisals
- Lawrenson Walker
- Atkinson & Associates
- Black Valuation Group Ltd
- Hagan Appraisals Services
- Dundas Appraisals
- Frost Valuations Inc.
- Cartwright Appraisals
Kelowna, Penticton, & Vernon
- Flynn Mirtle Moran
- Lawrenson Walker
- Frilan Appraisals
- Okanagan Appraisals
Whistler
- WesTech Appraisal Services
- Walton Appraisals
- Northern Lights Appraisals
Victoria
- D. Fritz Appraisals
- Lawrenson Walker
Ontario
- Cross-Town Appraisal
- Appraisers Canada Inc.
- Ontario Appraisal Corporation
- Metrowide Appraisal Corporation
- Schinkel Appraisals
- House Inc.
- 24 Appraisals
- Sharp Appraisal
Lower Mainland
- Ryan ULC
- CWPC Property Consultants
- Garnett Wilson Realty Advisors
- Hooker Craig Lum Group (HCLG)
- LW Property Advisors
- Saran Appraisals & Consulting
Kelowna, Kamloops, Penticton & Vernon
- Frilan Appraisals
- Kent-Macpherson
- NCA Commercial Inc.
Victoria
- Phung & Horwood
Alberta
- Avison Young
- Atkinson & Associates
- Frost Valuations Inc
- Harrison Bowker Valuation Group
- Northern Lights Appraisals
Lower Mainland & Alberta
- Next Environmental
- WSP
- Levelton Consultants Ltd.
- Keystone Environmental Ltd.
Lower Mainland
- Butterfield Development Consultants Ltd.
- ProSpec Inspections Inc.
- Pinchin Ltd.
Alberta
- Pinchin Ltd.
Apply for a mortgage Tailored mortgage solutions.
Not everyone meets the stringent—and often outdated—requirements of traditional banks, but that doesn’t mean you shouldn’t be able to purchase property. Alternative lending offers the opportunity to purchase commercial or residential real estate by creating a mortgage lending solution that meets your unique situation. Partnering with your mortgage broker, we’ll help you attain the financing you need.
Stay up to date on the fast-paced real estate industry.
Frequently Asked Questions Clear answers, straightforward solutions.
When you work with us, PHL Capital Corp. acts as your dedicated mortgage administrator. We handle the paperwork and manage the entire process to make things incredibly easy for you. The actual mortgage funding comes from our affiliated lenders which are managed and administered by PHL Capital Corp.: MortEq Lending Corp. or Oakhill Lending Corp. This teamwork delivers flexible alternative mortgage solutions tailored to your needs.
PHL (and its affiliates) provide alternative mortgage financing for a range of property types, including residential homes, multi-family properties, commercial buildings, and certain development projects across Canada. Each opportunity is evaluated based on property value, location, and overall deal structure rather than solely on borrower income metrics.
Approval timelines for alternative mortgages are typically faster than those of traditional banks because PHL uses asset-based underwriting and streamlined internal review processes. While timing depends on documentation and deal complexity, borrowers seeking time-sensitive funding often turn to alternative lenders for more responsive decision-making.
PHL and its affiliates structure loans based on conservative loan-to-value (LTV) ratios to balance borrower flexibility with responsible risk management. Specific LTV thresholds depend on property type, location, and overall risk profile. Borrowers can contact the lending team to discuss how their property value aligns with potential financing options.
Borrowers may consider an alternative lender when they face strict bank qualification rules, require bridge financing, need short-term capital, or are managing complex financial situations such as self-employment or property repositioning. Alternative lending can provide structured solutions when traditional financing is unavailable or too slow.
Yes. PHL works with mortgage brokers across Canada who are seeking reliable alternative lending options for their clients. Brokers can submit deals that fall outside conventional lending guidelines and receive structured feedback from an experienced alternative lending team.