How CannectFlex home loans work

A CannectFlex home equity loan is tied directly to the equity that is available in your property. Based on the equity you’ve built, we’re confident we can offer you your lowest available rate in the GTA.

You can check your rate now by applying online400 and have your financing confirmed in as little as 24-hours. There’s no income required, and no minimum credit score. We’re here to help all homeowners.

Ready to get started?

or call us at 416.766.9000

With average interest rates of just 7.99%-9.99%, we’re confident you won’t find a better rate anywhere else.

our lowest rate in 3 easy steps

1. Confirm the address of the property you own

When you enter your address, we’ll automatically verify the current market value of the property.

2. Provide your current mortgage

We’ll find your lowest interest rate based on the value of the property and your current mortgage financing.

3. Set your credit and income

With your income and credit details, we’ll be able to confirm the lowest interest rate available to you.

Ready to get started?

or call us at 416.766.9000

Why might I need a loan?

We know there are many reasons why Toronto homeowners may be looking for a loan. Whether it’s any of the following reasons, or another, we understand, and we don’t pry.

Who qualifies?

If you’re a home or condo owner, we can help. Regardless of credit or income, we confirm the value of your home, any outstanding mortgages, and find the lowest loan rate for you.

How are interest rates calculated?

Interest rates are calculated based on risk. Risk is determined by the amount of equity in your home, your credit, and your current income. The more specific information we have from you, the more we can lock in your lowest interest rate.

Why Cannect will work for you

Even if you’re having trouble borrowing from other lenders or your bank, Cannect can help because our loans are based on your home equity, not your personal income or credit.

Are interest rates the only charges?

Interest rates are ongoing for the duration of the loan, but there is a setup fee. In order to secure your loan, a lawyer will need to be present at your property to verify ownership and confirm the agreement with you. We need to pay them, so there is an upfront fee to cover legal and related administrative costs for setting up the loan. You can expect this fee to be no less than $750 dollars, and you can confirm the expected fee without any obligation.

We started Cannect to help Canadian homeowners like us.

We’re transparent with our rates because we’re homeowners too. And we’ve built Cannect to help you navigate the home financing market with confidence, just as we’ve learned to. In fact, we want to turn every borrower into an investor, and the only way to do that is to help you save wherever possible.

If you’re looking for a loan today, but we can find you lower cost money through mortgage refinancing, we will. So get started with a free home loan quote now, and we’ll coach you through the best way to save for today, and for tomorrow.

or call us at 416.766.9000

Don’t need a quote today?

Sign up for your personalized property value report so you’ll know your options when it’s time to borrow or renegotiate your mortgage.

Know your equity. Know your options