Lender History:
Lendwise is a Canadian mortgage lender that offers innovative financing solutions, particularly catering to borrowers with unique financial situations. As part of the Paradigm Quest group (now under MCAP as of 2021), Lendwise’s focus is on delivering accessible and straightforward mortgage solutions through a network of brokers, helping Canadians achieve homeownership. With the backing of MCAP, Lendwise has expanded its reach and continues to grow as a trusted name in the Canadian mortgage market
Lender Key Strengths
Lendwise offers specialized mortgage solutions, including their New to Canada program for newcomers without extensive credit history, a Divorce/Spousal Buyout option for smooth property transfers during separation, and competitive insured/insurable mortgage rates. These strengths make Lendwise a flexible, inclusive lender for diverse client needs.
Factors to consider:
Lendwise’s niche is insured/insurable loans.
Lendwise offers bilingual customer service through their call centre.
As Lendwise is a monoline lender, they have no brick and mortar offices for clients to go into to discuss their mortgage. Clients’ liaison is through their broker, or through the call centre directly.
Paradigm Quest Inc., their parent company, was acquired by MCAP in 2021 - there are two different phone numbers to reach Lendwise depending on when your mortgage funded.
Contact Information and Links for Lendwise:
Contact Information:
If your mortgage funded:
Before May 1, 2023
Phone: 1-866-675-7022
Email: customerservice@service.lendwisemortgages.com
On or after May 1, 2023
Phone: 1-833-631-0093
Email: service@lendwisemortgages.com
Head Office Location:
200 King Street West, Toronto, ON M5H 3T4, Canada
