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As a leading lender in the alternative market, New Horizon offers mortgage brokers a better way to close deals, in an efficient and professional manner. New Horizon specializes in providing first and second mortgages on an equity basis. Regardless of credit challenges or other obstacles, we give your clients the ability to leverage equity and obtain financing.

New Horizon offers a one-stop solution for all mortgage brokers, without the cumbersome restrictions imposed by larger lending institutions. With our in-house closing centre, New Horizon offers a fast, efficient, and effective way to close your deals.

For a list of accepted appraiser's in Ontario (Click Here)
For a list of accepted appraiser's in Nationwide (Click Here)

Examples of customers that benefit from New Horizon’s products:

  • Poor Credit Rating
  • Debt consolidation
  • TDS/GDS obstacles
  • Cannot meet CMHC guidelines
  • Self-employed
  • Recent immigrants
  • No income verification
  • Interest only loans to meet budget restrictions
  • Mortgage arrears or pending Power of Sale
  • Tax arrears

New Horizon MIC – Your one-stop mortgage shop;

  • Save time with quick response and turnaround times
  • Equity based lending makes residential deals easy and hassle free
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New Horizon MIC is a prominent Canadian home equity lender. We are proud to provide exceptional service to the broker community

We specialize in providing Real Estate loans in the nonconforming market. Since inception New Horizon MIC has provided Real Estate loans to borrowers who do not meet the guidelines as set forth by traditional mortgage lenders such as banks or trust companies. Our product line consists of mortgages that are approved on an equity position. Borrowers who have sufficient equity in their properties regardless of credit challenges or income have the ability to leverage the equity to obtain financing.

Mortgage brokers choose New Horizon because we are direct lenders with many years of experience which allows us to make decisions quickly. We are a popular choice for mortgage brokers because we respect the broker-client relationship, and we understand that time is money.

Number one choice for Mortgage Brokers!

New Horizon MIC is a number one choice for Mortgage Brokers in placing second mortgages across Canada. We pride ourselves in expedient service, competitive rates, and reasonable fees.

Time is Money - We don't waste it.

Guaranteed Approvals: Debtors with sufficient equity in their homes are automatically approved, regardless of their credit history or ability to prove income.

Faster Closures: Our professional relationships with appraisers and lawyers enable us to close your deals as quickly as possible and they are always available to update you on the status of your files.

Ready Financing: Our capital resources are large enough to ensure that there's no scrambling for funds, The money to cover loans is always available.

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