Baystone is a Canadian mortgage investment corporation lending $200K–$8M on residential and mixed-use real estate. Self-employed. Bruised credit. Timeline-critical. We’ve funded them all.
$340M+
Funded since 2016
48 hrs
Average approval time
1,400+
Borrowers served
01 / Products
Every Baystone mortgage is underwritten by a principal — not an algorithm. We meet you where you are, with pricing that reflects risk honestly and term sheets that close in days.
Rate
6.99–9.99%
6–24 months
You’ve bought before you’ve sold. Or you’re flipping. Or closing date moved. Short-term capital that closes in days, not months.
Ideal for
Rate
6.99–8.99%
1–3 years
Bank said no? We often say yes. No stress test. Income flexibility. Up to 75% LTV on urban properties, 65% rural.
Ideal for
Rate
9.99–13.99%
1–2 years
Access equity without breaking your first mortgage. Faster than a HELOC, more flexible than a bank refinance.
Ideal for
Rate
8.99–11.99%
6–18 months
Progress-based draws for custom builds, additions, and substantive renovations. Weekly site inspections included.
Ideal for
02 / 48-hour process
Step 01 · Hour 0
Property address, loan amount, purpose. That’s it.
Step 02 · Hour 4
Rate, fees, LTV, conditions — emailed to you same business day.
Step 03 · Hour 24
Once you accept the term sheet, our broker relationship manager takes it from here.
Step 04 · Hour 48
Full commitment letter. From there, your lawyer and ours coordinate the close.
03 / Who we fund
01
The need
Declares $62K, takes home $140K. Bank can't see past the T2125.
Our solution
We underwrite on cash flow, not declared income. Funded at 72% LTV.
02
The need
Ex-spouse buyout. Can't wait for a bank's 6-week underwriting queue.
Our solution
1st position at 70% LTV. Closing date met. Refinanced back to a prime lender at year 2.
03
The need
Bought a new home. Sale of current home closes 5 weeks later.
Our solution
$1.1M bridge. Application Monday, funded Wednesday. 9-month term.
04
The need
Custom build, 40% complete. Bank paused draws over appraisal issue.
Our solution
Stepped in at 65% projected-value LTV. Project completed. Refinanced to permanent in 14 months.
04 / Investor portal
Our Class A preferred shares deliver a 9.25% targeted distribution yield, paid monthly. Backed by a diversified pool of Canadian first-position mortgages.
Portfolio snapshot · Q1 2026
05 / Term sheet generator
Tell us about the property and your file. Our pricing engine produces a draft term sheet on the spot — exactly what our BRM desk would put in writing.
Design concept · SearchPod preview