Find the best Mortgage Rates in Saskatchewan
5-year Fixed Rate
4.29%
High Ratio Mortgage
5-year Variable Rate
4.60%
Most Banks Current Prime Rate 5.45%
Not Just the Best Mortgage Rate
20 years in the business of helping Canadians save on mortgage borrowing costs. We've seen a thing or two!
Everyone's financial situation is different- It's your shelter, Your Home. And we negotiate with dozens of lenders to find you the best mortgage rate based on your situation.
Our Experienced Mortgage Brokers are specially trained to look for opportunities in your income, credit and assets to build a stronger case before we submit to our trusted lenders.
A Mortgage Solution, for Every Situation
Banks, Credit unions and branchless mortgage lenders compete with your bank's business.
Canadian Mortgage Lenders look for consistent volume business from RateShop brokers . As a Volume Brokerage, we get priority access to Rate Promotions, faster underwriting & approvals, lender exceptions and dedicated personnel are assigned to us to get you a better deal!
The Only Difference - You Save Thousands!
A Mortgage Solution, for Every Situation
Banks, Credit unions and branchless mortgage lenders compete with your bank's business.
Canadian Mortgage Lenders look for consistent volume business from RateShop brokers . As a Volume Brokerage, we get priority access to Rate Promotions, faster underwriting & approvals, lender exceptions and dedicated personnel are assigned to us to get you a better deal!
The Only Difference - You Save Thousands!
Mortgage Calculators for Albertans
Easy to use Mortgage Payment & Affordability Calculators
Access to Canada's Mortgage Lenders
Working with Rateshop Mortgage can get you lower rates than your bank, with the same features like a home equity line of credit or options like pre-payment privileges.
Having a well connected network of lenders definitely helps track rates regularly. Above and beyond, we scower the internet and periodically work with our lenders to secure better than average industry rates that result in deeper rate discounts.
With RateShop, Canadians get unfiltered access to better rate & product offers from more than 65 mortgage lenders accross all provinces.
Our Mortgage Brokers in Saskatchewan
RateShop Mortgage Brokers specialize in providing tailored mortgage solutions that help clients find the best mortgage rates. With a deep understanding of Saskatchewan's unique real estate market trends, we leverage Saskatchewan mortgage rates expertise to offer the lowest mortgage rates for various property types and financial situations. Whether you are purchasing, refinancing, renewing, or looking for a home equity line of credit, we work with you to compare mortgage rates and secure the most advantageous mortgage deals. Our in-depth knowledge of local lending programs and incentives ensures that we maximize financial benefits for our clients.
By accessing a wide network of lenders, RateShop mortgage brokers are able to save on mortgage costs by finding deals that are often better than those offered by major banks like TD, RBC, BMO, CIBC, and others. We secure mortgage rates that match your unique financial needs by comparing mortgage rates from over 65 lenders, including banks, credit unions, and monoline lenders. This allows us to provide our clients with low mortgage rates and best mortgage deals, helping them save thousands over the life of their mortgage.
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Our Mortgage Brokers in Saskatchewan
At RateShop, our mortgage brokers in Saskatchewan employ a systematic approach to compare mortgage rates from local banks and credit unions, ensuring clients secure the best mortgage rates with favorable terms. Our process begins with a comprehensive assessment of each client's financial profile, including income, credit history, debt-to-income ratio, and savings for a down payment. This detailed analysis helps us understand our clients' borrowing capacity and eligibility for various mortgage programs.
Next, we conduct a thorough comparison of offerings from different lenders, focusing on key factors such as down payment requirements, amortization qualifications, stress test rates, and managing liabilities on the application. By evaluating these critical aspects across multiple programs, we identify the most suitable options that align with our clients' financial goals and preferences. Our experienced mortgage brokers leverage their industry knowledge and relationships with local banks and credit unions to negotiate competitive rates, favorable terms, and maximum borrowing capacity for our clients.
Throughout the mortgage comparison and negotiation process, we prioritize transparency, communication, and client satisfaction. We provide clear explanations of mortgage terms, rates, and options available, empowering clients to make informed decisions. By advocating for our clients and presenting competitive offers to lenders, we ensure that our clients receive the best mortgage rates and solutions tailored to their financial situation, helping them achieve their homeownership goals effectively and with peace of mind.
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Finding the Right Mortgage
Don't lock in just because your neighbor did! Mortgage terms vary from 6 months all the way up to 10 years and you can choose based on your family financial needs. Are you selling soon? Or maybe you want to invest in 2 years. Maybe you want some flexibility, the choice is yours but make it an educated one when you talk to our commission-free mortgage advisors to help you decide on what offers the best mortgage rate and highest savings.
| Fixed Rates | Mortgage Expert Insights |
|---|---|
| 1 Year Fixed Rate |
Great solution for a short-term mortgage needs, renewals can be competitive but rates can go up at maturity without notice. Perfect for new builds to sell after a year or refinance for equity. |
| 2 Years Fixed Rate |
More flexible, a longer duration to support a family need for a couple of years or planning an exit from an existing mortgage without penalties. |
| 3 Years Variable Rate |
3 Year terms can sometimes deliver the best savings, but are typically suggested in a low rate environment, consider a variable too since upon maturity you may get stuck with a higher renewal. |
| 4 Years Fixed Rate |
Banks use this to gain your business, but if you are saving atleast 20-30bps, definitely consider a 4 year term mortgage, compare your savings on a 5 year mortgage term. |
| 5 Years Fixed Rate |
On average, households will upgrade or alter their mortgage about every 5 years, avoiding penalties upon maturity and best rate savings. |
| 5 Years Variable Rate |
Usually recommended in lower rate environments, beat the bank on mortgage penalties and optimize your savings compared to a fixed mortgage offer for the same term. |
Where is the Mortgage Market heading?
History can teach us a lot, check out Canada's mortgage rates history over the past 48 years. Bank of Canada tracks conventional mortgage rates for 3 year and 5 year terms. We can help with understanding the pros & cons to a fixed mortgage rate vs. a variable mortgage rate.
Explore Our Mortgage Options
Lately with the mortgage rate increases, Canadians are focused on finding mortgage options that offer greater flexibility.
We work with our clients to help identify mortgage savings through various offers from multiple lenders, because the rate just can't be the only consideration to financial stability.
Our Mortgage Brokers will assess your needs, qualification and consider your long term financial goals before suggesting the best mortgage option!
Explore Our Mortgage Options
Lately with the mortgage rate increases, Canadians are focused on finding mortgage options that offer greater flexibility.
We work with our clients to help identify mortgage savings through various offers from multiple lenders, because the rate just can't be the only consideration to financial stability.
Our Mortgage Brokers will assess your needs, qualification and consider your long term financial goals before suggesting the best mortgage option!
Learn how to create a monthly income by investing in mortgages
Learn how to create a monthly income by investing in mortgages
About Saskatchewan's Mortgage Market
Saskatchewan's mortgage market exhibits similarities and differences compared to the rest of Canada. Like other provinces, Saskatchewan's market is influenced by factors such as interest rates, housing supply and demand, economic conditions, and government policies. However, due to its unique demographic and economic landscape, Saskatchewan may experience variations in housing affordability, market stability, and mortgage product availability compared to more populous provinces.
RateShop simplifies the mortgage approval process for Saskatchewan residents by offering personalized guidance and support every step of the way. Our experienced mortgage brokers understand the nuances of Saskatchewan's real estate market and work closely with clients to navigate the mortgage landscape effectively. We assess each client's financial situation, including income, credit history, and savings, to determine the best mortgage options available.
Furthermore, RateShop leverages its extensive network of lenders, including local banks, credit unions, and mortgage lenders , to negotiate competitive rates, favorable terms, and maximum borrowing capacity for Saskatchewan residents. We streamline the application and approval process, handling all necessary documentation and paperwork with efficiency and accuracy. Our goal is to make the mortgage journey hassle-free for Saskatchewan residents, empowering them to achieve their homeownership dreams with confidence and peace of mind.
Saskatchewan's Residential & Commercial Real Estate Landscape
Over the past five years, Saskatchewan's housing market has experienced moderate growth and stability, with fluctuations influenced by economic factors and market conditions. Homeowners in Saskatchewan have generally seen steady appreciation in property values, especially in urban centers like Saskatoon and Regina. Factors such as population growth, job opportunities in key industries like agriculture, mining, and energy, and affordable housing options have contributed to the market's resilience.
Looking ahead, future predictions for property value growth in Saskatchewan remain positive, albeit with a cautious outlook. Economic indicators, including employment rates, GDP growth, and investment in infrastructure projects, will play a crucial role in shaping the housing market. Homebuyers and investors can expect continued but gradual appreciation in property values, supported by ongoing economic diversification efforts and favorable mortgage rates.
Investors interested in Saskatchewan's real estate market should consider factors such as location, property type, and long-term growth potential. Urban centers with strong economic fundamentals and infrastructure development projects may offer promising investment opportunities. However, it's essential to conduct thorough market research, consult with real estate professionals, and consider the broader economic climate before making investment decisions in Saskatchewan's housing market.
Property Use in Saskatchewan
Mortgage lenders in Saskatchewan provide financing for a diverse range of properties, catering to both rural and urban locations. In rural areas, lenders commonly provide mortgages for agricultural properties, including farms, ranches, and rural estates. These properties may have varying land sizes and agricultural components, with maximum loan-to-value (LTV) ratios typically ranging from 65% to 80% depending on the property's appraisal and specific lender policies. Additionally, lenders may offer specialized agricultural mortgage programs tailored to farmers and agribusinesses, providing flexible terms and competitive rates.
In urban locations like Saskatoon, Regina, and other developed areas, mortgage lenders extend financing for various residential properties. These include single-family homes, condominiums, townhouses, and multi-unit buildings. Urban properties generally have higher LTV ratios ranging from 80% to 95%, allowing borrowers to finance a significant portion of the property's value with a lower down payment. lenders in Saskatchewan also offer a variety of mortgage lending programs, such as fixed-rate mortgages, variable-rate mortgages, and mortgage insurance options for down payments less than 20%. By providing financing for a wide range of property types and locations, mortgage lenders in Saskatchewan support homeowners and investors in achieving their real estate goals effectively.
Best Mortgage Banks, Lenders in Saskatchewan
Some of the top mortgage banks, credit unions, and mortgage lenders in Saskatchewan include major financial institutions like RBC Royal Bank, TD Canada Trust, Scotiabank, and BMO Bank of Montreal. Credit unions such as Affinity Credit Union, Conexus Credit Union, and Innovation Credit Union also offer competitive mortgage products tailored to Saskatchewan residents. Additionally, mortgage lenders like First National Financial and Street Capital Financial Corporation provide alternative options for borrowers.
RateShop collaborates with these top lenders to negotiate competitive rates, favorable terms, and customized mortgage solutions for clients. Our experienced mortgage brokers leverage their industry expertise, market knowledge, and strong relationships with lenders to secure the best mortgage rates and products available. By understanding each client's unique financial situation and homeownership goals, we navigate the mortgage market effectively to find solutions that meet their needs and preferences. Whether it's negotiating lower interest rates, optimizing down payment options, or securing flexible terms, RateShop strives to provide the best mortgage solutions for Saskatchewan residents.
Mortgage Programs Offered in Saskatchewan Cities Near You
Various mortgage lenders in Saskatchewan offer a range of mortgage programs categorized as insured, insurable, and uninsured, catering to customers seeking 25 or 30-year amortizations.
Insured mortgage programs are backed by mortgage default insurance from Canada Mortgage and Housing Corporation (CMHC), Genworth Canada, or Canada Guaranty. These programs typically apply to borrowers with down payments less than 20% of the property's purchase price. Lenders offering insured mortgages include major banks like RBC Royal Bank, TD Canada Trust, and Scotiabank, as well as alternative lenders like First National Financial and Street Capital Financial Corporation.
Insurable mortgage programs are similar to insured mortgages but may not require mortgage default insurance if the borrower meets certain criteria, such as having a down payment of at least 20% and passing lender risk assessments. Lenders offering insurable mortgages include credit unions like Affinity Credit Union, Conexus Credit Union, and Innovation Credit Union, along with mortgage lenders like MCAP and Home Trust Company.
Uninsured mortgage programs cater to borrowers with down payments of 20% or more and do not require mortgage default insurance. These programs are offered by various lenders in Saskatchewan, including major banks, credit unions, and mortgage lenders . Examples of lenders offering uninsured mortgages include BMO Bank of Montreal, CIBC, and National Bank of Canada, as well as regional credit unions and private mortgage lenders.
Purchase, Refinance & Renewal Closing Costs in Saskatchewan
Purchase, Refinance & Renewal Closing Costs in Saskatchewan
In Saskatchewan, the costs associated with mortgages for purchase, refinance, and renewal vary depending on the type of lender and specific transaction terms. For mortgage purchases, banks typically charge various closing costs such as appraisal fees, legal fees, title insurance, land transfer taxes, and administrative fees. Credit unions often provide competitive rates and lower administrative fees for mortgage purchases, with potential discounts for first-time homebuyers. Private lenders, while offering flexibility, may come with higher closing costs, including lender and broker fees, and possibly higher interest rates.
Refinancing mortgages with banks may involve similar closing costs to purchases, including appraisal and legal fees. Credit unions in Saskatchewan often offer attractive rates and lower closing costs for refinancing, particularly for members with good credit history. On the other hand, private lenders may have higher closing costs and interest rates, making it essential for borrowers to carefully weigh the costs and benefits.
Mortgage renewals in Saskatchewan typically incur minimal closing costs with banks, mainly administrative fees for processing the renewal. Credit unions may offer competitive rates and incentives for mortgage renewals, benefiting loyal members. Private lenders may not handle mortgage renewals as commonly as banks and credit unions, focusing more on new loans and refinancing. Borrowers should compare closing costs from different lenders and consider long-term implications like interest rates and repayment terms to make informed decisions that align with their financial goals.
Home Buyer Incentives in Saskatchewan
Home Buyer Incentives in Saskatchewan
First-time homebuyer provincial incentives in Saskatchewan are designed to support new buyers in achieving homeownership. One notable program is the First-Time Homebuyers' Tax Credit, offering a non-refundable tax credit of up to $1,100. Additionally, the Saskatchewan Homeownership Incentive (SHI) provides down payment assistance of up to 10% of the home's purchase price, capped at $20,000.
The Canada Mortgage and Housing Corporation (CMHC) offers incentives nationwide, including in Saskatchewan. The First-Time Home Buyer Incentive (FTHBI) allows eligible buyers to finance a portion of their home purchase through a shared equity mortgage with the government, which helps reduce monthly mortgage payments and secure lower mortgage rates.
Cities in Saskatchewan may also offer local incentives to encourage homebuying. For instance, Saskatoon's Affordable Housing Program provides grants or forgivable loans to income-qualified buyers. Regina's Down Payment Assistance Program offers interest-free loans for down payments. These incentives, along with provincial and federal programs, make homeownership more accessible for first-time buyers in Saskatchewan.
The Impact of Mortgage Rates on Saskatchewan’s Real Estate Market
Mortgage rates influence the pace of Saskatchewan’s housing market, affecting affordability and buyer demand. Lower rates drive purchases, while higher rates can slow activity. RateShop.ca brokers help clients navigate these fluctuations, securing the best rates to match their budget and timing their purchases effectively.
First-Time Buyers: Opportunities and Challenges in Saskatchewan
Saskatchewan offers affordable housing compared to many provinces, but rising rates can still pose challenges for first-time buyers. RateShop.ca brokers assist new buyers by providing pre-approvals, explaining loan options, and guiding them through federal programs that reduce upfront costs.
Urban and Rural Housing Markets: Exploring Saskatchewan’s Diversity
Saskatchewan’s market varies significantly between cities like Saskatoon and Regina and rural areas. RateShop.ca brokers offer insights into these markets, helping clients find affordable properties or investment opportunities that align with their financial and lifestyle goals.
Building Wealth Through Real Estate Investments in Saskatchewan
With affordable entry points and potential for rental income, Saskatchewan offers excellent opportunities for wealth building. RateShop.ca brokers assist investors in securing financing for rental or multi-unit properties, leveraging competitive rates to maximize returns on real estate investments.
Customized Mortgage Solutions to Meet Diverse Needs
Saskatchewan’s buyers have varying financial goals, from securing their first home to expanding real estate portfolios. RateShop.ca brokers provide tailored mortgage options, whether fixed, variable, or hybrid rates, to ensure clients can afford their homes while building long-term wealth.
Managing Affordability Amid Fluctuating Mortgage Rates
As mortgage rates change, affordability can become a concern for buyers in Saskatchewan. RateShop.ca brokers recommend strategies like locking in fixed rates, extending amortization periods, or exploring creative financing solutions to keep homeownership within reach.
Leveraging Saskatchewan-Specific Incentives and Programs
First-time buyers and homeowners in Saskatchewan can benefit from federal and provincial programs, such as the First-Time Home Buyer Incentive and tax credits. RateShop.ca brokers guide clients through these programs, ensuring they take full advantage of financial support to reduce their costs.
Refinancing as a Strategy for Equity and Growth
Refinancing can help Saskatchewan homeowners unlock equity or reduce mortgage payments, enabling further investments in real estate or other ventures. RateShop.ca brokers offer refinancing solutions tailored to clients’ goals, helping them optimize their financial position and build wealth.
Saskatchewan’s Real Estate Market: Stability and Growth Potential
Saskatchewan’s real estate market, known for its stability and affordability, offers excellent opportunities for both buyers and investors. RateShop.ca brokers provide expert advice to help clients capitalize on growth areas, ensuring smart and profitable real estate decisions.
Frequently Asked Questions about Mortgages in Prince Edward Island
How to improve your finances with the help of a mortgage?
Consolidate Debt - helps lower your overall interest rate and reduce your monthly payments.
Tax Benefits
Invest in real estate
Use a mortgage to improve your home to increase the value and potentially earn a higher return on investment if you sell it later.
What kind of mortgages are offered in Canada?
Open Mortgage
Closed Mortgage
HELOC (Home Equity Line of Credit)
Reverse Mortgage
Conventional Mortgage
Convertible Mortgage
ARM (Adjustable-Rate Mortgage) or VRM (Variable Rate Mortgage)?
Variable mortgage your mortgage payment amount always remains the same it does not change even if the prime lending rate changes. While adjustable rate mortgage, the amount of your payment changes depending on the prime lending rate.
What mortgage rates are available?
Variable Rates
Fixed Rates
Adjustable Rates
What are today's Best Mortgage Rates?
4.29% - 5 year fixed
5.45% - 5 year variable
You can work with a Rateshop.ca Mortgage Advisors to help you compare options from multiple lenders and find the best mortgage for your needs. It's important to consider not only the interest rate, but also other factors such as the term of the loan, any fees or penalties, the lender's reputation and customer service.
What is a downpayment or Equity?
Downpayment is a payment made by the purchaser when buying a property which means the purchaser's initial investment in purchasing a property. While Equity is the value of your house minus the mortgage amount.
What's included in closing costs?
Closing cost is typically 1.5% of your purchase price. This includes but are not limited to
Land Transfer Tax
Lawyer and Legal Fees
Title Insurance
Mortgage Broker Fee
Property Insurance
What is Mortgage Insurance?
Mortgage insurance is an insurance that protects the mortgage lender or title holder if the borrower fails to make payments, dies, or is otherwise unable to meet the mortgage's terms and conditions.
Portable or Transferable Mortgages
Portable mortgage allows you to transfer your existing mortgage on your current home to the new property and retain the same terms of the original mortgage
Standard Vs. Collateral Mortgages
The main difference between a standard mortgage and a collateral mortgage is how the loan is secured.
- A type of loan where the property being purchased is used as collateral to secure the loan. The loan is registered with the government, and the lender has a claim on the property if the borrower defaults on the loan.
- A type of loan where the lender uses the property being purchased, plus any additional property owned by the borrower, as collateral to secure the loan. The loan is registered with the government, and the lender has a claim on all of the properties used as collateral if the borrower defaults on the loan.
- The main advantage of a collateral mortgage is that it allows the borrower to access additional funds using their existing properties as collateral, without having to go through the mortgage application process again. However, collateral mortgages can be more difficult to transfer to a new lender, and they may have higher penalties if the borrower wants to break the mortgage early.
A standard mortgage
A collateral mortgage
Steps in a Mortgage Closing
- Pre-Qualification - initial assessment of a borrower's financial situation and creditworthiness to determine how much money they may be eligible to borrow.
- Approval - If the borrower meets the lender's lending criteria and the property is eligible for financing, the lender will provide a mortgage offer that outlines the terms of the loan.
- Conditions & Appraisals- completing conditions and the lender orders an appraisal of the property to determine its value and ensure it is worth the purchase price/property value.
- Solicitor Instructions - solicitor will receive instructions from the lender
- Signing - The buyer reviews and signs the loan documents, which include the mortgage agreement and other legal documents related to the loan.
- Funding - Once all the documents are signed and all conditions are complete, the mortgage loan is funded and the purchase of the property is complete.
Qualification Criteria
Qualification criteria for mortgages can vary depending on the lender and the type of mortgage being applied for.
Income
Income is an important qualification criterion when applying for a mortgage, as it is an indicator of your ability to repay the loan. lenders typically require borrowers to have a stable and sufficient income to support their mortgage payments over the long term.
When evaluating your income, lenders will consider various factors, such as the amount and stability of your income, your employment history, and the debt-to-income ratio. In Canada we call this the gross and total debt service ratio. What monthly payment you are permitted to manage compared to your monthly household income, along with your heating costs called GDS and other then along with other debt expenses called TDS capped to 39% and 44% respectively.
Each lender has a different acceptance to the kind of income. Salary and Hourly wages paid regularly are more preferred by the big lenders, and that can mean little flexibility to self employed or commissioned and contract employees. Banks look at income as either documented or self declared. Those with a documented proven income can qualify for better mortgage rates. Working with a mortgage broker can help identify lenders that are flexible towards the self declared, all while getting best mortgage rates for the documented income applicants.
Credit
A borrower's credit score is a reflection of their credit history, including their repayment history on previous loans, the amount of debt they currently have, and how long they've had credit. A higher credit score generally indicates that a borrower has a good credit history and is more likely to be able to repay their mortgage on time and in full. The credit score rating is offered by Equifax and Transunion in Canada as Credit Reporting Bureaus. Though similarities exist in their independent Scoring Algorithm, the actual scores tend to vary between the two. The credit report in Canada compiles your credit accounts like credit cards, line of credits, vehicle loans, mortgages and some phone or utility payments history, reported to your personal credit file that eventually creates a score of financial worthiness when being lent to.
A credit report will also contain any Fraud & Identity Alerts, collection accounts and late or missed payments also known as derogs. So keep on top of your credit report for free, and track your credit score regularly.
When applying for a mortgage, lenders will typically check a borrower's credit score and credit report to assess their creditworthiness. If a borrower has a high credit score and a clean credit history, they will be offered more favorable mortgage terms, such as a lower interest rate or a higher loan amount.
Stress Test
The Canadian mortgage stress test first introduced on January 1, 2018, is a financial assessment that lenders use to evaluate whether a borrower can afford to make mortgage payments should the interest rates rise or if their financial situation changes.
In Canada, the mortgage stress test is a requirement for all borrowers applying for a mortgage, and it applies to both insured and uninsured mortgages. The stress test requires borrowers to qualify for a mortgage at a higher interest rate than the one they will actually be paying, usually two percentage points higher than the contract rate or the Bank of Canada's five-year benchmark rate, whichever is higher.
The idea behind the stress test is to ensure that borrowers can handle a potential rise in interest rates and maintain their mortgage payments over the long term, without becoming financially stressed or defaulting on their loan.
Pitfalls of a bad mortgage
- Hidden Fees
- High Interest Mortgage
- Failure to get the discounted rate and special features
- Pre-Termination Penalties / Prepayment Penalties
It's important to carefully research and compare different mortgage options before making a decision. Be sure to read the fine print and ask questions about any fees or penalties associated with the mortgage. With this, Rateshop.ca Mortgage Advisors are here to help you secure the best mortgage product and rates.
Hefty Penalties
In Canada, mortgage lenders often include penalties to discourage borrowers from breaking their mortgage contract before the end of the term. These penalties can be significant and can add up to thousands of dollars. Here are penalties you might encounter when you have a mortgage:
- Prepayment Penalty
- Discharge Fee
Refinance Restrictions
In Canada, there are some restrictions on refinancing your mortgage, which are designed to protect lenders and borrowers. Rateshop.ca Mortgage Advisors can help you evaluate your options and determine if refinancing is right for you. Here are some of the main restrictions you should be aware of:
- Maximum LTV (Loan-to-Value) is 80%, which means you cannot borrow more than 80% of your home's appraised value.
- Minimum Credit score for refinancing is 620.
- Lender will ask for income verification again if you can afford the new repayment
- If you're refinancing before the end of your current mortgage term, you may be subject to penalties, such as prepayment penalties or mortgage discharge fees. These fees can be significant and may offset any potential savings from refinancing.
- Appraisal is required and clients have to pay for it
- Limited customer service options
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6 Indell Lane, Brampton ON L6T 3Y3, Canada
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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. Our Quebec Mortgage Transactions are serviced by Orbis Mortgage Group AMF# 181136.
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