Our Process


Complete a 2 minute application (after contacting your mortgage broker).

Credit Rating

We leverage online data and technology to instantly assess risk, determine a credit rating and assign an appropriate interest rate

Evaluate Offers

Qualified applicants receive offers in just minutes and can evaluate loan options with no impact to their credit score


Get your money! Our commitment is to have your money to you within 24 hours

The APR explained

The Annual Percentage Rate (APR) is the ‘all-in’ yearly fee that our customers pay to borrow money from Lendful Financial Inc. It is there to help you work out what your total yearly out-of-pocket cost is. The APR includes our Origination Fee and the Interest Rate.

Insufficient funds fee

In the event we debit your account for your monthly principal and interest repayments and there are insufficient funds there, we will charge a $50 for NSF (Non-Sufficient Funds). Additional interest may be charged in the event payments are not made by the due date.

How to ensure we will consider your application

  • Credit score of 600 – some provinces may be higher, please confirm with our client service team
  • Meet our loan servicing requirements – having an income
  • 19+ years of age
  • Permanent Canadian resident
  • Credit history of 3 year