The move restores Home Trust’s presence across the full lending spectrum, with Accelerator joining its existing lineup that includes Classic for alternative borrowers, EquityAccess for reverse mortgages, and Equityline Visa for home equity financing.
Home Trust exited the prime mortgage space in 2023 after 15 years in the market, shifting its focus to alternative lending.
The move to bring Accelerator back follows the company’s acquisition by Smith Financial Corporation, which also owns Fairstone Bank. Earlier this year, Home Trust and Fairstone Bank finalized their merger, creating one of Canada’s largest privately owned financial institutions.
“The timing reflects favourable market conditions and reinforces our commitment to serving a broad range of homebuyers and supporting our broker partners with a wider range of lending solutions,” the company told Canadian Mortgage Trends.
The Accelerator lineup now includes six programs — Purchase, Switch/Transfer, New to Canada, Rental, Stated Income and Vacation/Secondary Home — available with both fixed and adjustable-rate options. All insured and insurable mortgages are eligible through CMHC, Sagen or Canada Guaranty, giving brokers flexibility to match each client’s needs.
Key features include:
- Loan-to-value (LTV) ratios up to 95% for owner-occupied homes
- 30-year amortizations available for some high-ratio borrowers
- Portable and assumable mortgages with no penalty
- Prepayment privileges of up to 20% annually and 20% payment increases once per year
- Flexible rate options, with 120-day rate holds
- Transparent prepayment charges (greater of IRD or three months’ interest)
- Eligibility for SPIRE Partnership Program compensation
Check back soon for full details and executive commentary on Canadian Mortgage Trends…
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Last modified: November 6, 2025