Useful Tips
Please select your province
Let us know where you’re looking to buy so we can find you the best mortgage rates in your area.
Do you live in this property?
Property Type:
Owner-occupied properties are subject to different terms and conditions than rental properties. The way you use the property may impact your rate.
When is your mortgage up for renewal?
Renewal Date:
This question refers to the end of your current mortgage term, which can range anywhere from 1 to 10 years. When does your mortgage term end?
What is the estimated current home value?
Estimated Current Home Value:
Please provide an estimate of the current market value of your home to the best of your ability.
What is your remaining mortgage balance?
Mortgage Balance:
Please provide an estimate of your outstanding mortgage balance to the best of your ability.
What type of rate are you interested in?
Mortgage Rate:
73.5% of Canadians choose fixed rate mortgages, but this may or may not be the right option for you
With a fixed rate mortgage, your rate and monthly payment will stay constant throughout the term of your mortgage.
With a variable rate mortgage, your rate will change together with the prime lending rate of your lender.
What term are you interested in?
Mortgage Term:
The mortgage term is the amount of time you commit to the rules, conditions, and interest rate you agreed upon with your current lender. Once this term is up, you may need to renegotiate your mortgage or extend it to a new term.
Note: This is different than the amortization period, which refers to the number of years it will take you to pay off your mortgage completely.
What is your annual household income?
Annual household income refers to the total amount of money you earn in a year from all sources, including your salary, investments, and any other sources of income. Please enter your approximate annual household income in the provided field.
What is your credit score?
Your credit score is a numerical rating that reflects your creditworthiness and is based on your credit history. Lenders use this score to evaluate your ability to repay loans and manage credit responsibly. Please enter your approximate credit score in the provided field
What is the employment status of the primary applicant?
This question pertains to your status of employment. Select “Salaried” if you receive a fixed salary from an employer. Select “Self-Employed” if you run your own business.
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