Net worth lending is a type of lending in which the borrower's net worth, rather than their income or credit score, is used as the primary factor in determining their loan eligibility. Net worth is calculated by subtracting a person's liabilities from their assets, and it is often used as a measure of financial stability and security.

In Canada, net worth lending is typically offered by alternative lenders, such as private mortgage lenders or mortgage investment corporations. It may also be offered by traditional lenders, such as banks and credit unions, as a way to help borrowers who may not meet the strict credit and income requirements of a conventional mortgage.

Net worth lending may be suitable for borrowers who have a high net worth but may not have a steady income or a strong credit history. However, it's important to note that net worth lending is typically more expensive than traditional lending, as it carries a higher risk for the lender. Borrowers may be required to pay higher interest rates and fees, and they may need to provide collateral to secure the loan.