You deserve the best mortgage in Canada
There are hundreds of mortgages products available across Canada.
Use our Rate Wizard tool to explore what mortgage product and rate is right for you
Why wait.
Get your mortgage numbers
online. Instantly.
Plus you'll get to see in your area and within your price range. You can also select multiple homes and receive multiple mortgage quotes!
Start house hunting today!
us and we'll provide you with a free, underwritten pre-approval with no obligation
Your estimated maximum purchase price is:
in a Nutshell
Pre-approvals are essential when you start home shopping, however how they work is rarely explained properly to first-time Home buyers.
- A pre-approval deals with potiential application issues up-front
- Understanding what a pre-approval is, and is not, is critical when buying a home
- Learn when CMHC is involved in the application process
What you need for
The aspirations of Canada's homebuyers are determined by a mindless, cold, proprietary algorithym called a 'credit score'. But now for the good news - it's just a number that's easily improved.
- The number of credit accounts is crucial
- How missing payments and collections hurt a mortgage application
- How credit utilization can sink the perfect credit score
Demystified
It may appear that there are a multitude of mortgage rates in Canada, but in reality there are only four types of mortgages: Fixed Closed, Fixed Open, Variable Closed, and Variable Open.
- Your risk tolerance determines rate type: Fixed or Variable
- Fixed or Vairable depends on what the future holds
- Understanding the rate types make choosing much simpler
How Mortgage Work
Accelerate the paydown of your mortgage and avoid paying unnecessary interest using flexible re-payment options avaiable on most mortgages
- Direct deposit options from your bank account
- How Pre-Payment privleges save you in the long run
- Your first monthly mortgage payment is typically 30 days after you move in
You deserve the best.
Award winning mortgage services.
Absolutely free!
How are we free? The banks compensate us for your business at no additional cost to you. We'll provide you with multiple quote, complete your paperwork and get a great rate with no haggling.
"We were so thankful for having learned about Canada Mortgage Source during our journey of buying our first home. Kudos for the efficient, prompt, courteous, warm, & professional service. You were able to find the mortgage program that perfectly suits our needs & gladly carried us through from start to finish. Come March and we're moving in to the place we can call our own. Such an impeccable & highly recommendable service, keep up the good work. "
"Everything was great with you guys. I felt you did an amazing job and got everything done as fast and accurately as you could. I would recommend you guys in a heartbeat if I knew anyone buying a house."
"You guys were great to work with. You were always available to be contacted even outside of what are usually most peoples regular business hours. You made the process easy and helped me get into the home I now love and has been there for me since with looking at purchasing a second home."
"To start you guys are so great to deal with! Terry was fantastic! One of my coworkers is just in the process of getting a mortgage through you as well; so far Terry has been great for them. We are not first time home buyers; but come renewal time you may just hear from us again! Thanks for the fantastic service"
"I was pleased with my service and the whole process. I like how everything went with the mortgage and Terry did a fantastic job for the time line he was given. I have no complaints. Thanks for the services!"
"To be completely honest when I first emailed your company I thought the site was a scam as I was told down payment options like these were not allowed. After a few emails between us I realized it was not a scam and could actually be done. I would say getting the LOC set up was probably the most difficult part but dealing with yourself and everyone else it was so simple. I found everyone to be very professional and willing to answers any and all questions that you could. Now that were in the house and unpacked and have painted some walls it really feels like home and looking back I am glad we made the decision to go about it this way. I feel that if I would have waited to save I would have thrown more money out the window and it could have been another 3 years before we bought. "