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Top 8 Reasons To Get Your Mortgage With RateShop.ca
Best Mortgage Rates. Period.
We feature rock-bottom rates from several banks, credit unions, and lenders plus many exclusive low rates that aren’t available through other brokers or lenders directly.
Same Day File Review
Our service commitment is, we will never sit idle on a file. The day we have your application & documents, we start our review immediately to analyze all our lender offers and suggest the best one for you.
Largest Choice of Lenders
We offer the most comprehensive list of banks, credit unions, monoline lenders you’ll find in Canada. More choice, better rates, greater flexibility and dozens of purchase, refinance, renewal & home equity programs.
Easy Mortgage Approval
Our application searches from 700+ mortgage offers with various terms, rate types, and lending programs from 65+ mortgage lenders in Canada, that finds your best suited rate for your unique situation. Unleash the power of Artificial Intelligence to help you save on your mortgage!
Award-winning Service
We work relentlessly to improve every aspect of our service, from service to transparent lending solutions. We’re proud and humbled by our clients' and lenders' appreciation to vote us their preferred partner. Our mission is to provide the best mortgage offerings & services on the planet.
Customers Love Us
We always tell our clients, it's not just about the rate! Finding a solution that works for you, instead of costs you more in the future is what our mortgage planning is about. In two to three years into the mortgage term, this becomes very apparent. Customers have called us back telling us how our advice saved them money and educated them to manage finances better.
Mortgage Lenders Love Us
As a volume broker, our lender relations are important. That's what gets us great rates, and this is possible because we know the programs, we're fluent in underwriting and we are efficient with approvals. Who & What you know in the industry matters, we understand all bank programs and know where to find you flexibility and rate discounts.
Free Mortgage Rate Monitoring
Stay on top of mortgage savings, rate specials, wealth creation tips & investment opportunities. Breaking news affecting mortgage rates and real estate in Canada. We use our AI technology to compare your rate monthly with available lender offers and find the savings for you.
Best Mortgage Rates. Period.
We feature rock-bottom rates from several banks, credit unions, and lenders plus many exclusive low rates that aren’t available through other brokers or lenders directly.
Same Day File Review
Our service commitment is, we will never sit idle on a file. The day we have your application & documents, we start our review immediately to analyze all our lender offers and suggest the best one for you.
Largest Choice of Lenders
We offer the most comprehensive list of banks, credit unions, monoline lenders you’ll find in Canada. More choice, better rates, greater flexibility and dozens of purchase, refinance, renewal & home equity programs.
Easy Mortgage Approval
Our application searches from 700+ mortgage offers with various terms, rate types, and lending programs from 65+ mortgage lenders in Canada, that finds your best suited rate for your unique situation.
Award-winning Service
We work relentlessly to improve every aspect of our service, from service to transparent lending solutions. We’re proud and humbled by our clients' and lenders' appreciation to vote us their preferred partner.
Customers Love Us
We always tell our clients, it's not just about the rate! Finding a solution that works for you, instead of costing you more in the future is what our mortgage planning is about.
Mortgage Lenders Love Us
As a volume broker, our lender relations are important. That's what gets us great rates, and this is possible because we know the programs and are efficient with approvals.
Free Mortgage Rate Monitoring
Stay on top of mortgage savings, rate specials, wealth creation tips & investment opportunities. We use AI to compare your rate monthly with available lender offers and find the savings for you.
Canada's Top Independent Mortgage Brokerage
Compare Rates, Lenders and Your Savings
100% Digital Experience, Guaranteed lowest Rates
Easy Mortgage approvals accross Canada & US*
Unbiased Mortgage Advice to help Financial Growth
Streamlined Funding Guaranteed, You're covered!
5 Star Rated Service with Discounted Online Rates
#1 Voted Mortgage Calculators in Canada
Canada's Best
Mortgage Rates
4.04%
Lowest Purchase
3-YR Fixed
Our Mortgage Experts
Dylan James
Mortgage Agent Level 1
Abdoulaye Sow
Mortgage Agent Level 1
Michael Le Chi
Mortgage Agent Level 1
Heith Gharib
Mortgage Agent Level 1
Sara Fresco
Mortgage Agent level 1
Mortgage Learning Center
Debt Consolidation Mortgages: Is Fall 2025 the Right Time?
📰 Blog Post:
As interest rates begin to ease in late 2025, many Canadians are looking for ways to regain financial control — and debt consolidation mortgages are becoming a powerful solution.
If you’re juggling high-interest credit cards, personal loans, or lines of credit, rolling them into one low-rate mortgage payment could save you hundreds each month. But is Fall 2025 the right time to do it? Let’s explore.
💸 1. Why Debt Consolidation Mortgages Make Sense
A debt consolidation mortgage allows you to refinance your home and use its equity to pay off unsecured debt. Instead of managing multiple payments at 20%+ interest, you replace them with a single mortgage payment — often at a rate below 6%.
This strategy:
Reduces your monthly payments
Simplifies your budgeting
Lowers your overall interest costs
Can help you rebuild credit over time
📉 2. Why Fall 2025 Could Be the Perfect Time
After several years of high borrowing costs, Canada’s mortgage market is showing early signs of rate relief. The Bank of Canada’s cautious rate outlook suggests that rates may stabilize or dip slightly through the end of the year.
Refinancing now could help you lock in a lower rate before 2026, giving you flexibility to clear debt and improve cash flow.
🏦 3. Key Requirements for Debt Consolidation Mortgages
To qualify for a debt consolidation mortgage, most lenders will look at:
Your home equity (usually at least 20%)
Your credit score and income stability
Your total debt-to-income ratio
A recent appraisal to confirm property value
If you have limited equity or credit challenges, alternative lenders and private mortgage options can still provide viable solutions.
⚖️ 4. Compare HELOC vs Refinance Options
Homeowners have two main paths for consolidation:
Refinancing: Replaces your entire mortgage with a new one that includes your debts.
HELOC (Home Equity Line of Credit): Keeps your current mortgage but lets you borrow against equity as needed.
Each has unique benefits — refinancing offers fixed savings and structure, while a HELOC provides ongoing flexibility.
💬 5. Work with a Mortgage Broker
A licensed mortgage broker can help you compare multiple lenders and find the best debt consolidation strategy based on your goals.
They’ll assess whether a refinance, HELOC, or second mortgage offers the best long-term savings — and help minimize fees and penalties.
🏁 Final Takeaway:
If you’re ready to simplify your finances, Fall 2025 offers a unique window to consolidate debt while rates remain stable. Whether you’re planning to refinance, tap equity, or explore flexible second mortgage options, now’s the time to take action before year-end.
Mortgage Learning Center
First-Time Homebuyer Guide: Getting the Best Mortgage Rates in Canada
Buying your first home is an exciting milestone, but it can also feel overwhelming, especially when it comes to securing the best mortgage rates. With Canada’s diverse housing market and fluctuating m..
Canada's Mortgage Rates in 2025: Trends and Predictions
As 2025 begins, the Canadian mortgage market continues to draw attention, with homeowners, buyers, and investors eagerly anticipating the trends that will shape the housing landscape. Understanding mo...
How to Compare Mortgage Rates in Canada for the Best Deal
When it comes to buying a home in Canada, securing the best mortgage rate is critical to making your investment affordable and financially sustainable. Mortgage rates directly impact monthly payments .
Understanding Fixed vs. Variable Mortgage Rates in Canada
The decision to choose between fixed and variable mortgage rates is one of the most critical choices Canadian homebuyers face.
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RateShop Inc. is a Mortgage Brokerage offering lowest mortgage rates to Canadians. We are provincially licensed in the following provinces: Mortgage Brokerage Ontario FSRA #12733, British Columbia BCFSA #MB600776, Alberta RECA #00523056P, Saskatchewan FCAA #00511126, PEI #160622, New Brunswick FCNB #88426, Newfoundland/Labrador.
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