Mortgage Wars has been helping Canadians with their mortgage financing needs since 2012. The mortgage landscape in Canada changed significantly in late 2017 and early 2018 as federal regulators tightened mortgage rules to help slow down the drastic increase in property values in most major Canadian cities. In response, Mortgagewars.ca evolved and changed its focus to alternative lending and private mortgages to ensure Canadian homeowners continue to have an opportunity to qualify for home financing/refinancing.

In early 2020, Mortgage Wars Inc., joined the Pineapple Network (formerly Capital Lending Centre), Brokerage# 12830.  Pineapple is the fastest growing mortgage brokerage in Canada.  This move gave Mortgage Wars access to 'top tier' status with all major lenders.  As we focus primarily on alternative lending, we have developed the expertise to give you superior advice compared to other regular brokers who does not focus on this niche market. We have access to multiple alternative and private mortgage lenders who gives us priority in their approval process as we have built great relationships with them.

Paulo Frencillo - Mortgage Agent

Paulo Frencillo is the Founder and Lead Mortgage Broker (Lic# M12001122) of Mortgage Wars. 

Paulo has accumulated over 18 years of experience in the mortgage and financial industry. Initially, he embarked on his professional journey in the banking sector, serving as a Financial Advisor for the top three major banks in Canada. In this role, he handled credit and investment matters. Subsequently, he pursued an independent path as a mortgage agent, followed by working as an underwriter for a private lender and a mortgage lender. These diverse positions have provided him with comprehensive exposure to all aspects of the mortgage process. As a result, he has gained proficiency in prime lending, alternative (Alt-A) lending, and private lending.

Furthermore, he possesses extensive expertise in managing residential rental properties. He has managed multiple rental properties of his own, both domestically in Canada and internationally.


We strive to become your trusted mortgage broker in Ontario, specializing in alternative lending and private mortgage solutions. We are keenly aware that mortgage brokers have faced criticism in the past for charging exorbitant fees (please refer to our FAQ  regarding on our fee structure). Our goal is to establish a safe and reliable space where Canadians can access alternative financing and refinancing options without incurring excessively high costs.

Our commitment to you is to provide an honest and unbiased opinion while delivering the most cost-effective solution for your specific situation. We believe in transparency and always present the benefits of the proposed solution before moving forward. Your satisfaction is paramount to us, and if you are not content with the options presented, there is absolutely no obligation to proceed.

When it comes to our network of lenders, we exclusively collaborate with reputable alternative lenders and private lenders in Ontario and across Canada. We prioritize maintaining relationships with trustworthy lending partners who share our dedication to serving clients with integrity and fairness.

Some of our preferred lenders:

  • First National Excalibur
  • MCAP Eclipse
  • MCan Financial
  • Home Trust
  • Equitable Bank
  • Haventree Bank
  • Community Trust
  • HomeEquity Bank
  • Manulife Bank
  • RFA Bank
  • River Rock MIC
  • Optimum Mortgage