First National Financial LP is one of Canada’s largest non-bank mortgage lenders, serving residential and commercial clients across the country. Known for its wide product offerings and flexible underwriting, First National works exclusively through mortgage brokers to deliver tailored lending solutions.
Mortgage Products Available
- Prime fixed and variable rate mortgages
- Near-prime and alternative lending solutions (Excalibur program)
- Mortgages for rental and investment properties
- Construction and land development loans
- Refinance, renewals, and switches
- Home Equity Lines of Credit (through select partner programs)
Ideal Clients and Use Cases
Ideal for:
- Prime borrowers looking for competitive rates
- Self-employed individuals with non-traditional income
- Borrowers with bruised credit who need an alternative solution
- Real estate investors financing rental or multi-unit properties
- Homeowners looking to refinance or consolidate debts
- Buyers requiring construction-to-permanent mortgage solutions
Advantages of Working with First National
- Wide product range, including both prime and near-prime options
- Strong support for self-employed and contract workers
- Flexibility in credit evaluation under the Excalibur program
- Broker-only access ensures personalized service and expertise
- Options for rental, construction, and high-ratio financing
Potential Drawbacks
- Only available through brokers (not direct to consumers)
- Alternative products may carry higher interest rates or fees
- Not all products are available in all provinces or for all property types
- Shorter amortization periods and stricter renewal terms may apply for near-prime options
Is First National Right for You?
First National is well suited for both prime and non-prime borrowers seeking flexible mortgage solutions. Whether you are purchasing a home, refinancing to access equity, or financing an investment property, First National offers competitive programs across a variety of borrower profiles.
However, not every broker has access to First National, and not all loan types may be compatible with their products. It’s best to consult with a mortgage broker to determine if they are a good fit for your situation.
How We Can Help
As an independent mortgage broker, we can match you with a lender like First National if their offerings align with your needs. Whether you’re buying your first home or looking to refinance, we’ll help you explore all your options.
- Start your application online: https://thelocalbroker.ca/local-broker-mortgage-application/
- Have questions? Reach out anytime: https://thelocalbroker.ca/contact/
