Servicing
Renewals
Every loan maturing in the next 90 days, and where its renewal stands.
Maturing in 30 days
0
Maturing in 31–60 days
2
Maturing in 61–90 days
5
Renewal rate (12 mo)
81%
Automation: reminders run automatically at 90, 60 and 30 days before maturity — 90 days: task "Prepare renewal terms" for the loan's account manager · 60 days: renewal offer emailed to the borrower (and broker) and the renewal record is created · 30 days: reminder email + SMS if the renewal is not signed. Change the timing in Tasks → Automation rules.
| Loan | Borrower / property | Principal | Rate | Maturity | Days left | Renewal status | Lender(s) | Actions |
|---|---|---|---|---|---|---|---|---|
| #1098 | Karan Singh 15 Ravine Dr, Vaughan · 1st · LTV 58% | $310,000 | 9.99% | Nov 1, 2026 | 36 | Terms prepared | S. & L. Grewal | |
| #1112 Term 2 | Crestview Homes Ltd. 220 Main St E, Milton · 1st · LTV 70% | $875,000 | 10.49% | Nov 15, 2026 | 50 | Offer sent Sep 22 | Dunmore Capital, Maplewood FT | |
| #1131 | Anthony Romano 61 Kipling Ave, Etobicoke · 2nd · CLTV 74% | $150,000 | 12.99% | Dec 1, 2026 | 66 | Not started | R. Bhatia | |
| #1074 | Laura Moreau 88 Dufferin St, Toronto · 1st · LTV 55% | $265,000 | 9.75% | Dec 1, 2026 | 66 | Accepted | Maplewood FT | |
| #1089 | Brightwater Properties Inc. 410 Wellington St, Toronto · 1st · LTV 63% | $540,000 | 10.25% | Dec 10, 2026 | 75 | Not renewing → payout | Dunmore Capital | |
| #1121 | Tunde Okafor 23 Maple Grove, Ajax · 2nd · CLTV 71% | $198,000 | 12.49% | Dec 15, 2026 | 80 | Not started | Northshore Holdings | |
| #1150 | Viktor Petrov 5 Hillside Ave, Richmond Hill · 1st · LTV 60% | $360,000 | 9.49% | Dec 20, 2026 | 85 | Not started | S. & L. Grewal | |
| 7 loans maturing within 90 days | $2,698,000 | |||||||
How a renewal moves
1 · Review loan & property
2 · Prepare terms
3 · Offer sent
4 · Accepted
5 · Docs signed
6 · Renewed (new term starts)
Each renewal opens its own renewal record page with the new terms, updated property information, conditions and lender consent. The loan keeps a full history of every term.
| Loan | Borrower | Renewed on | Old rate | New rate | Term | Renewal fee | Fee treatment | Outcome | |
|---|---|---|---|---|---|---|---|---|---|
| #1042 | Greenfield Estates Inc. | Sep 1, 2026 | 9.99% | 10.49% | 12 mo | $2,800.00 | Added to principal | Renewed | View |
| #1061 | Harpreet Dhillon | Aug 15, 2026 | 11.49% | 11.49% | 6 mo | $1,450.00 | Paid at renewal | Renewed | View |
| #1033 | Olivia Tran | Aug 1, 2026 | 9.25% | 9.75% | 12 mo | $3,900.00 | Spread over 3 payments | Renewed | View |
| #1015 | David Whitmore | Jul 31, 2026 | 10.99% | — | — | — | — | Paid out at maturity | View payout |
| #1052 | Sandeep Gill | Jun 15, 2026 | 11.99% | 11.49% | 12 mo | $2,150.00 | Added to outstanding charges | Renewed | View |
| #1009 | Meadowvale Builders Ltd. | Jul 1, 2026 | 10.49% | 10.99% | 12 mo | $6,500.00 | Paid upon discharge | Renewed | View |
Send renewal offer — #1098 Karan Singh
Emails the renewal offer letter generated from the terms on the renewal record.
Mark as not renewing
The loan will be paid out at maturity. A payout request and a payout statement task are created.