Canada's Independent Mortgage Shopping Marketplace
Filtered by Program, Amortization & Province, Find your Lowest Mortgage Renewal & Refinance Offer in seconds.
Lenders price against loan-to-value, not against you. Two numbers and we will show you the rates you can actually get.
By the numbers
The Three Prices of the Same Mortgage
Insured, insurable and uninsured are three different markets, and which one you are in is decided before anyone looks at your credit. These are the lowest potential rates on each shelf.
Insured
See all →Less than 20% down. The lowest rates in the market, because the default insurance transfers the risk.
- 5-yr fixed
- 3.99% Exclusive Lender
- 5-yr variable
- 3.40% Exclusive Lender
Insurable
See all →20% or more down, up to $1.5M property value, 25-year amortization. Priced close to insured.
- 5-yr fixed
- 4.09% Exclusive Lender
- 5-yr variable
- 3.40% Exclusive Lender
Uninsured
See all →Refinances, $1.5M+, or amortizations past 25 years. Always the highest of the three.
- 5-yr fixed
- not on the board
- 5-yr variable
- not on the board
What Each Lender Will Actually Approve
Every rate site in Canada tells you the number and then a paragraph about GDS, TDS and the stress test. None of them tells you which lender reads self-employed income generously, which one wants two years of NOAs, or which one will not touch your file at all. We publish that for all 77.
B2B Bank
Generally for Self-employed borrowers and rental property owners who want a chartered bank mortgage but do not fit standard bank templates.
Their qualification policy →First National Financial
Generally for Buyers and owners working through a broker who want a large, established non-bank lender for a prime purchase, refinance or transfer.
Their qualification policy →Community Savings Credit Union
Generally for British Columbia buyers and homeowners, including self-employed people whose income does not fit conventional bank documentation.
Their qualification policy →Alta West Capital
Generally for Self-employed people, borrowers with impaired or rebuilding credit, and property investors who cannot meet a bank's qualification standards.
Their qualification policy →Mortgage Solutions by Situation
A salaried buyer with 20% down and clean credit gets roughly what the board says. These do not, and the gap between the advertised rate and the real one is where the money is.
Your lender is counting on the letter
The renewal letter is not an offer, it is an opening position. Signing it is the most expensive default in Canadian personal finance.
What a renewal should cost → Refinance and consolidationRolling 22% debt into 5% debt
The arithmetic is usually overwhelming and the penalty usually smaller than feared. Both are worth calculating before you decide.
Run the consolidation numbers → Self-employedYour tax return understates you on purpose
Write-offs that save you tax cost you mortgage. Which lender reads business-for-self income generously is a matter of published policy — so we publish it.
How lenders read self-employed income →Shop your mortgage from the bus
Two thirds of the people who read a rate page in Canada are on a phone, and most rate tables were designed on a desktop and squeezed afterwards. Ours goes the other way: the board reflows into cards, the shelf finder is thumb-sized, and nothing needs a pinch-zoom.
- Filter by term, type and shelf without leaving the screen
- Every figure recalculates as you type — no submit button, no reload
- Every rate and program in full — sign in free to see the lender behind each rate
- No app to install — your free account works everywhere
docs/mobile-graphic-spec.mdCanadian Calculators That Show Their Working
Canadian mortgages compound semi-annually, not in advance. Most free calculators use the American monthly formula and overstate every payment they produce — on $500,000 at 5.00% over 25 years that is $2,908.02 against $2,922.95. Fifteen dollars a month, on pages that look authoritative.
Payment
Semi-annual compounding, the Canadian convention. Most free calculators use the American monthly formula and overstate every payment they produce.
Shows its workingAffordability
Stress-tested at the greater of your rate plus two points or 5.25%, with GDS and TDS shown separately so you can see which one is binding.
Sourced, city by cityLand transfer tax
All 13 provinces and territories plus Toronto, Montreal and Halifax, each rule carrying its source and effective date.
The one people missClosing costs
The cash you need on the day, which is the number that surprises people a week before completion.
Everything Mortgage, Explained Properly
Lender policy, the ten situations, and the arithmetic behind every figure — with the source and the date it was last checked printed on the page. Nothing behind a form.
Track Best Renewal Offers up to 90 Days before Maturity
Get notified on best mortgage rates for transfer and refinance to compare your monthly savings.
Questions
Is Rateshop a mortgage broker?
RateShop is a marketplace. We collect rates, document what each lender's programs actually say, and publish the math — all of it free. When you want to act on it, a licensed broker takes the file from there. How we are paid.
What does any of this cost me?
Nothing. Every rate, every calculator and every lender profile is free and none of it is gated. We ask for an email in two places only: to send you a PDF report you asked for, and to remind you before your renewal. Neither is required to use anything.
How do you decide which lenders to show?
We publish every lender we can get verified pricing for, ordered by rate, and we never accept payment for placement or ordering. Where a lender is unusually good or bad for a particular kind of file we say so, including when that is unflattering. Our editorial policy sets out the method.
Why does your calculator give a different payment than my bank's?
Canadian mortgages compound semi-annually, not monthly. A lot of free calculators use the American monthly formula, which overstates the payment. Ours uses the Canadian convention, which is what your lender actually charges — and we show the formula rather than asking you to take our word for it.
Read enough? There is a broker on the other side of this.
When you are ready to do something with these numbers, we will introduce you to a licensed broker who can put the file in front of lenders. Nothing here obliges you to.
Get matched with a broker