Find the Right Mortgage Lender - Without Guessing, Googling, or Getting Burned
Not all mortgage lenders are created equal.
Whether you’re buying your first home or refinancing your third rental, the lender you choose can cost (or save) you thousands.
We’ve broken down Canada's top mortgage lenders - with zero fluff and no bank spin.
Not sure what kind of lender you need? Here’s a quick breakdown:
🏛 Schedule I Banks
Your household names — RBC, TD, Scotiabank, etc. Great for brand recognition, often with great rates but the risk of higher penalties.
🏢 Monoline Lenders
Lenders that only work through mortgage brokers. Often lower rates, smaller penalties, more flexibility. No banking distractions — just mortgages.
MCAP
RMG Mortgages
First National
RFA Mortgages
Manulife Bank
Strive
Lendwise
Merix
B2B Bank
CMLS
MCAN
Radius Financial
🤝 Credit Unions
Member-owned, often community-focused. Can be flexible with income types or lending criteria — especially in rural areas.
Meridian Credit Union
DUCA Credit Union
Kawartha Credit Union
FirstOntario Credit Union
🏗 Alternative Lenders (B Lenders)
For clients with bruised credit, non-traditional income, or high leverage. Not predatory — just structured differently.
Haventree
Home Trust
EQ Bank
Canadian Western Bank
Optimum
Bloom Financial
CHIP Reverse Mortgage
Farm Lending
WealthOne
Community Trust
Bridgewater Bank
Aveo
MCAN Alternative
Eclipse
People’s Bank
💸 Private Lenders
Short-term solutions when traditional lenders say no. Higher rates, but useful in the right situations.
Calvert Home MIC
Fisgard
RiverRock
Threepoint Capital
Westboro MIC
This isn’t some list of random banks and rates.
These are real lender breakdowns — from a broker who works with them every single day.
You’ll learn:
Who each lender is really best for
What programs and products they offer
Where they shine — and where to watch out
Which ones work with self-employed, investors, or unique income types
Our brutally honest take on what makes them great (or painful)
Got questions? We have answers.
