LendCity

About LendCity Mortgages

LendCity™ Mortgages is a specialized Canadian mortgage brokerage dedicated to serving real estate investors across Canada, the United States, and Mexico. Founded by Scott Dillingham, the company focuses exclusively on the unique financing needs of investors, distinguishing itself from traditional brokers who primarily serve homebuyers. LendCity™ offers a comprehensive suite of mortgage products, including DSCR loans, CMHC MLI Select financing, commercial mortgages, and private lending, catering to investors at all stages of their journey, from acquiring their first rental property to managing extensive portfolios. Their mission is to provide tailored financing solutions that help investors achieve their portfolio growth objectives.

Credibility and Expertise

LendCity™ Mortgages stands out due to its team's deep expertise and active involvement in real estate investing. Most of their mortgage agents are also active investors, bringing firsthand knowledge of rental income, DSCR qualification, and portfolio scaling strategies. The company boasts a network of over 50 lenders, ensuring access to a wide range of specialized programs. They highlight a 4.7/5 rating from 130 Google reviews and have facilitated hundreds of investment deals across North America, underscoring their proven track record and client trust.

Offerings and Solutions

LendCity™ provides a broad spectrum of mortgage solutions for real estate investors. This includes financing for residential investment properties (1-4 units), multi-family properties (5+ units), commercial buildings (office, retail, industrial), development projects, and fix-and-flip ventures. They specialize in cross-border financing, enabling Canadians to acquire U.S. rental properties without requiring U.S. credit, utilizing DSCR and foreign national programs. Additionally, they offer CMHC MLI Select for multi-family development, private mortgages for quick closings, and specialized programs for PadSplit and co-living properties.

Unique Advantages

LendCity™ Mortgages differentiates itself through its investor-centric approach, cross-border expertise, and a vast network of specialized lenders. They understand the nuances of investor financing, such as qualifying based on rental income (DSCR) rather than personal income, and offer solutions for complex situations that traditional banks may not handle. Their team's active investor background ensures practical, strategic advice. Furthermore, they provide financing across Canada, the U.S., and Mexico, simplifying the complexities of international real estate investment for their clients.