Hard money lenders for Canadians

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Hard money lenders for Canadians

Derek Merdzik
Rental Property Investor · Toronto, ON · Member since 2019 · 21 posts · 7 votes

I live in Canada and I am looking to acquire rental property in Columbus, Ohio.  I am looking for hard money lenders who work with Canadians and have $30-50k minimum loan amounts.  I want the weak Canadian dollar to go further on a number of properties rather than just one or two.  If you have any recommendations please let me know.  I have searched the forums and a lot of recommendations are not posted, they are PM'd.

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Chris MasonPro Member
Moderator
Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
7y

Lenders for foreign nationals. 

That's from "Scotsman Guide," but about 2 years old. To find a recent/current version of that, walk into any mortgage office in the US and look in the trash can, recycle bin, or if you're lucky on the table in the waiting area.

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  • Chris MasonPro Member
    Moderator
    Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
    7y

    Lenders for foreign nationals. 

    That's from "Scotsman Guide," but about 2 years old. To find a recent/current version of that, walk into any mortgage office in the US and look in the trash can, recycle bin, or if you're lucky on the table in the waiting area.

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  • Derek Merdzik
    OP
    Rental Property Investor · Toronto, ON · Member since 2019 · 21 posts · 7 votes
    7y
    Originally posted by @Chris Mason:

    Lenders for foreign nationals. 

    That's from "Scotsman Guide," but about 2 years old. To find a recent/current version of that, walk into any mortgage office in the US and look in the trash can, recycle bin, or if you're lucky on the table in the waiting area.

    Thanks Chris!  I went to the site in that pdf https://www.scotsmanguide.com/NonPrimeNiches and was able to find a couple of lenders that meet my needs.  I spoke to one this morning and the information the guide was correct.  And I didn't have to search through the recycling bin, whew!

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  • Matthew Khoshabe
    Member since 2025 · 1 post · 0 votes
    1y

    Can you please share what lender and their contact information that you were able to get your deal done thank you

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    • Chris SeveneyBusiness Member
      Moderator
      Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
      1y
      Quote from @Matthew Khoshabe:

      Can you please share what lender and their contact information that you were able to get your deal done thank you


       The issue is not going to be the location nbut the loan amount - we can lend to non-us residents all day long but the loan amount is the issue - has to be above $50k

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