MICs + institutional private

Capital Direct Lending mortgage review — a broker's perspective

BC-based private and MIC lender. Active in residential 1st and 2nd mortgages, debt-consolidation refinances, and equity take-outs across BC, Alberta, and Ontario. Direct-to-consumer + broker channels.

Founded: Founded 1997
Headquarters: Vancouver, BC
Products: 4 product types
Tier: MICs + institutional private
Broker licence: FSRA #13737 broker

Start Pre-Approval See live rates 4.9 ★★★★★ Google Capital Direct Lending website

Reviewed by Mortgage Squad Advisors Editorial Team · Licensed Mortgage Advisors · Reviewed by the Principal Broker

FSRA Brokerage #13737 · 15+ years · Last reviewed May 13, 2026

Where Capital Direct Lending stands out

Who is Capital Direct Lending good for?

Capital Direct Lending suits short-term bridge (6-18 months) while we map an A or alt-A exit and CRA debt / writ / lien that must be paid before a bank will fund. It is strongest on: BC + national reach, Debt-consolidation refinances, 1st + 2nd mortgages, Direct + broker channels.

Strong fit for

Short-term bridge (6-18 months) while we map an A or alt-A exit
CRA debt / writ / lien that must be paid before a bank will fund
Power-of-sale rescues with equity but no income proof
Equity take-out where banks decline due to credit or income

Probably not the right fit if

Borrowers without a clear exit plan to A or alt-A
Files where the equity cushion is thin (under 25% home equity)
Long-term holds — private is bridge debt, not a 5-year solution

Not sure where your file fits? Start a free pre-qualification and we’ll check your fit across 99+ lenders — no credit check to begin.

Overview

What kind of lender is Capital Direct Lending?

Capital Direct Lending sits within the mics + institutional private tier of Canada's mortgage market. Regulated mortgage investment corporations. Active in commercial bridge, construction, and mid-market private.

Working across 99+ Canadian lenders, our brokerage knows Capital Direct Lending's underwriting appetite — what they say yes to, what they push back on, and what file structure gets a clean approval the first time. Capital Direct Lending is institutional private capital with proper compliance and transparency — used as a bridge while we map your file's exit to A or alt-A.

Live rate context

Capital Direct Lending rate context — May 13, 2026

We can't publish lender-specific rates by name (lender confidentiality + daily-changing rate sheets). Here is today's market context for mics + institutional private pricing. Your exact Capital Direct Lending rate depends on your file, term and insurance.

Private 1st mortgage

7.49% – 9.99%

Private 2nd mortgage

9.99% – 12.99%

Typical term

6 – 18 months

Fees disclosed

Always in writing

Full live rate board Get your exact rate

Product menu

What mortgages does Capital Direct Lending offer?

Capital Direct Lending funds 4 mortgage types. We can access its full broker-channel menu.

Private
Refinance
Bridge
Bad credit

Private mortgage Refinance Bad credit

Bank direct vs broker channel

Should you go to Capital Direct Lending directly or use a broker?

Capital Direct Lending sells only through brokers, so a licensed brokerage like ours is the way in. We’re not employees of Capital Direct Lending. We’re an independent FSRA-licensed brokerage that sends your file to Capital Direct Lending when it’s the best fit — and to a different lender when it’s not.

Going direct to Capital Direct Lending vs. through us

Aspect	Direct with Capital Direct Lending	Through Mortgage Squad Advisors
Rate sheet	Broker-channel only — no direct retail access	Direct broker-channel access — our day-one cost
Lenders shopped	Just Capital Direct Lending	99+ lenders incl. Capital Direct Lending
If declined	Application ends; reapply elsewhere	Re-route to next-best lender same day
Cost to borrower	$0 — bank pays its own staff	Disclosed up front (private/alt files only)
Underwriting strategy	Capital Direct Lending's lens only	We structure your file to Capital Direct Lending's preferences before submission
Renewal benchmarking	Capital Direct Lending sends a single offer; you accept or counter	We benchmark across 99+ lenders 120 days before renewal

Same Capital Direct Lending loan documents. Different shopping power. Start a pre-qualification to see what your file looks like across 99+ lenders.

How we work with Capital Direct Lending

Discovery
A 5-minute call about your income, credit, down payment, home and timeline. No credit check to start.
Match
We compare your file with 99+ lenders, not just Capital Direct Lending. If Capital Direct Lending fits best, we go there.
Submit
We send a full package to Capital Direct Lending's broker desk, set up the way their underwriters like it.
Funding
Approval, conditions, lawyer, funding. We manage every step.

Alternatives

Other mics + institutional private we shop alongside Capital Direct Lending

Same tier, often similar rates. We compare Capital Direct Lending with these every time.

Pillar Financial

Ontario coverage

Trez Capital

Commercial bridge financing

KingSett Capital

Multifamily commercial

Timbercreek Financial

Commercial bridge financing

Centurion Asset Management

Multifamily commercial

VWR Capital Corp

BC + Alberta coverage

By city

Capital Direct Lending mortgage broker — major Canadian cities

We place Capital Direct Lending files across Canada. Pick your city for local market context.

Toronto Vaughan Mississauga Brampton Markham Oakville Richmond Hill Burlington

Don’t see your city? Browse all Canadian markets — we lend nationally.

FAQ

Capital Direct Lending — common questions

Don’t see yours? Ask Maya.

What are Capital Direct Lending's current mortgage rates in Canada?

Capital Direct Lending's rates change daily and are channel-specific — branch rates differ from broker-channel rates. As a brokerage we access Capital Direct Lending's broker-channel sheet, typically 15-30 bps below their walk-in rate. Our live rate board (last reviewed May 13, 2026) shows current best-in-network across 99+ lenders. See our live rate board.

How do I qualify for a mortgage with Capital Direct Lending?

Standard Canadian qualifying: 5%+ down (under 20% requires CMHC/Sagen/Canada Guaranty default insurance), OSFI B-20 stress test at the higher of contract rate + 2% or 5.25%, GDS ≤ 39% and TDS ≤ 44%. Capital Direct Lending's underwriting has specific preferences we know from working with them — we'll tell you whether your file is a strong fit before submitting.

Is Capital Direct Lending a good mortgage lender?

Capital Direct Lending is genuinely strong on: BC + national reach, Debt-consolidation refinances, 1st + 2nd mortgages. As your broker we evaluate Capital Direct Lending against 99+ other Canadian lenders for your specific file — sometimes they're the best fit, sometimes a different lender is. The honest answer depends on your file profile, not the lender's marketing.

Can I switch to Capital Direct Lending at renewal?

Yes, if your file qualifies. A transfer-in at renewal typically costs you $0 — Capital Direct Lending covers the discharge fee from your old lender and the appraisal as a transfer incentive. We benchmark Capital Direct Lending's offer against your existing lender's renewal rate and the broader market 6 months before renewal so the switch (or stay) is timed properly.

Does Capital Direct Lending work with self-employed borrowers?

Capital Direct Lending focuses on standard A-lender files. For self-employed borrowers we'd typically place at a specialty BFS lender (Home Trust, Equitable, RFA, Haventree) and refinance to Capital Direct Lending once 2 clean NOAs accumulate. See our self-employed mortgages.

How long does Capital Direct Lending take to approve a mortgage?

Capital Direct Lending's commitment turnaround on a clean broker-channel file is typically 24-72 hours from submission. Complex files (BFS, foreign income, atypical down payment) can take 5-10 business days. Conditional approval to funding is usually 14-30 days depending on appraisal, lawyer, and conditions.

What's the difference between Capital Direct Lending branch rates and broker rates?

Capital Direct Lending is broker-channel only — they do not sell mortgages direct to the public, so there is no retail rate to compare against. Their entire pricing comes through licensed brokers.

Does Capital Direct Lending offer pre-approvals?

Yes — Capital Direct Lending, like all major Canadian lenders, offers rate holds (typically 90-120 days) for pre-approved borrowers. We can submit your file to Capital Direct Lending for a real underwritten pre-approval, not just a soft rate-hold. This means if rates rise you're locked, and if they fall most lenders honour the lower rate. Start your pre-approval here.

What prepayment privileges does Capital Direct Lending offer?

Most major Canadian lenders including Capital Direct Lending offer 15-20% annual lump-sum prepayment plus 15-20% payment-increase privileges per anniversary year. The exact privilege depends on the specific product family (insured/insurable/conventional) and term selected. We disclose the privileges and IRD calculation method up front so you know your exit cost before you sign.

What if Capital Direct Lending declines my mortgage application?

As a broker we don't single-submit — if Capital Direct Lending declines, we have 98+ other lender options across A-tier, alt-A, MIC, and private. We'll diagnose the decline reason (credit, income, LTV, property type, beacon), fix what's fixable, and re-strategize. A bank decline ends your bank application; with us, it's one route taken off the map and we pivot.

Pillar guides relevant to Capital Direct Lending files

The Refinance Decision Framework

Refinancing isn't always a win. This guide gives you the break-even method we use: penalty + fees vs. monthly savings, with three illustrative scenarios (rate drop, debt consolidation, equity take-out).

Mortgage After Credit Trouble

Bad credit, missed payments, consumer proposal, recent bankruptcy — a clear-eyed guide to what's actually possible, what it costs in rate premium, and how to refinance back to A-lender pricing in 12-24 months.

Related lenders

Same broker. Different lender appetite.

HomeEquity Bank (CHIP)TLG (The Lending Group)CMHC Sagen

Browse other lender tiers

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Editorial commitment

This page is an editorial profile written from our brokerage’s perspective. We are not employed by Capital Direct Lending and receive no payment from Capital Direct Lending for this content. We compensate-disclose: on A-lender files the lender pays our brokerage compensation, and we earn the same regardless of which A-lender funds your file — so our recommendations are rate-agnostic. Rates and program details are reviewed quarterly; last reviewed May 13, 2026.

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