How do I get a mortgage in Canada?

Apply online in a few minutes, and Lenderoo shops 40+ lenders to find your best rate. A local Canada mortgage professional reviews your situation, gets you pre-approved (often within 24–48 hours), and guides you through to funding — at no cost to you.

How much can I afford in Canada?

It depends on your income, debts, down payment, and the rate you qualify for. As a rule of thumb, your housing costs should stay within about 39% of your gross income. Use our affordability calculator or get a free pre-approval to see your exact budget for Canada.

What credit score do I need for a mortgage in Canada?

Most lenders prefer 680+ for the best rates, but we work with scores as low as 600 and have lender programs for bruised credit. We'll match you with the right lender for your Canada purchase or refinance.

How much down payment do I need in Canada?

The minimum is 5% on the first $500,000 and 10% on any portion between $500k–$1M; homes over $1M need 20% down. Under 20% requires mortgage default insurance. We'll help you plan the right down payment for the Canada market.

Is Lenderoo really free in Canada?

Yes. Lenderoo is free for borrowers in Canada — we're paid by the lender when your mortgage funds, so our advice stays unbiased and on your side. You get 40+ lenders shopped and a top professional's expertise at no charge.

How fast can I get approved in Canada?

Pre-approval is often done within 24–48 hours with your documents ready. Full approval on a Canada purchase typically takes 1–2 weeks once you have an accepted offer.

Apply now

Canada's mortgage platform

Find your best mortgage in Canada

Lenderoo shops 40+ lenders for free and matches you with a top mortgage professional. Pre-approval in 24–48 hours — on your side, not the banks.

Apply now — it's free See today's rates

Always free to you 40+ lenders shopped 4.9★ from 3,000+ Canadians

40+

Lenders shopped

Cost to you

24–48h

To pre-approval

4.9★

Client rating

Today's rates

Competitive mortgage rates, shopped for you

We compare 40+ lenders so you don't have to. Your personalized rate depends on your down payment, credit, and term — get a free quote in minutes.

Get my personalized rate Calculate my payment

Best fixed rate

From the market's best fixed rates

Best variable rate

From the market's best variable rates

Why Lenderoo

The smartest way to get a mortgage

One free application. 40+ lenders compared. A dedicated professional who works for you — not the banks.

40+ lenders, one application

We shop banks, credit unions and specialty lenders to find your best rate.

Always free to you

You pay nothing — we're compensated by the lender when your mortgage funds.

Pre-approved in 24–48h

A fast, fully digital process so you can shop and make offers with confidence.

On your side, not the bank's

Unbiased advice from a professional whose only job is your best outcome.

How it works

From application to keys in 3 steps

Apply online in minutes

Tell us about you and the property. It's free and there's no obligation.

We shop 40+ lenders

A Canada mortgage professional compares the market to find your best rate and terms.

Get approved & funded

Pre-approval in 24–48 hours, then we guide you all the way to closing.

Start my free application

Mortgage solutions

Every mortgage, for every situation

Whatever your goal, there's a solution — and a professional behind it.

First-Time Buyers

5% down, every incentive, a pro by your side.

Learn more

Pre-Approval

Know your budget and shop with confidence.

Learn more

Refinancing

Lower your rate or unlock your equity.

Learn more

Renewals

Don't auto-renew — we shop the whole market.

Learn more

Investment Properties

Finance your next rental with confidence.

Learn more

HELOCs

Flexible access to your home's equity.

Learn more

Self-Employed

Solutions built for business owners.

Learn more

Reverse Mortgages

Tax-free access to equity at 55+.

Learn more

Client stories

What our clients say

Join thousands of Canadians who found their best mortgage with Lenderoo.

"Lenderoo made buying our first home so easy — they found us a rate 0.3% lower than our bank. That's real money back in our pocket every month."

Sarah & Mike T.

First-time buyers

"I thought getting a mortgage as a business owner would be a nightmare. They found me great options and made it seamless."

James L.

Self-employed

"Refinancing with Lenderoo saved us thousands. Their knowledge of the local market got us the best possible rate."

Patricia K.

Refinance

Plan with confidence

Free mortgage calculators

Mortgage CalculatorEstimate your monthly payment.Affordability CalculatorSee how much home you can afford.Refinance CalculatorFind out how much you could save.

Questions & Answers

Your mortgage questions, answered

Clear answers to help you move forward with confidence.

Ready to get your best mortgage?

Apply in minutes. We'll shop 40+ lenders and match you with a top professional — free, and on your side.

Apply now — it's free Talk to an expert

Apply now

Canada's mortgage platform

Find your best mortgage in Canada

Lenderoo shops 40+ lenders for free and matches you with a top mortgage professional. Pre-approval in 24–48 hours — on your side, not the banks.

Apply now — it's free See today's rates

Always free to you 40+ lenders shopped 4.9★ from 3,000+ Canadians

40+

Lenders shopped

Cost to you

24–48h

To pre-approval

4.9★

Client rating

Today's rates

Competitive mortgage rates, shopped for you

We compare 40+ lenders so you don't have to. Your personalized rate depends on your down payment, credit, and term — get a free quote in minutes.

Get my personalized rate Calculate my payment

Best fixed rate

From the market's best fixed rates

Best variable rate

From the market's best variable rates

Why Lenderoo

The smartest way to get a mortgage

One free application. 40+ lenders compared. A dedicated professional who works for you — not the banks.

40+ lenders, one application

We shop banks, credit unions and specialty lenders to find your best rate.

Always free to you

You pay nothing — we're compensated by the lender when your mortgage funds.

Pre-approved in 24–48h

A fast, fully digital process so you can shop and make offers with confidence.

On your side, not the bank's

Unbiased advice from a professional whose only job is your best outcome.

How it works

From application to keys in 3 steps

Apply online in minutes

Tell us about you and the property. It's free and there's no obligation.

We shop 40+ lenders

A Canada mortgage professional compares the market to find your best rate and terms.

Get approved & funded

Pre-approval in 24–48 hours, then we guide you all the way to closing.

Start my free application

Mortgage solutions

Every mortgage, for every situation

Whatever your goal, there's a solution — and a professional behind it.

Client stories

What our clients say

Join thousands of Canadians who found their best mortgage with Lenderoo.

"Lenderoo made buying our first home so easy — they found us a rate 0.3% lower than our bank. That's real money back in our pocket every month."

Sarah & Mike T.

First-time buyers

"I thought getting a mortgage as a business owner would be a nightmare. They found me great options and made it seamless."

James L.

Self-employed

"Refinancing with Lenderoo saved us thousands. Their knowledge of the local market got us the best possible rate."

Patricia K.

Refinance

Plan with confidence

Free mortgage calculators

Mortgage CalculatorEstimate your monthly payment.Affordability CalculatorSee how much home you can afford.Refinance CalculatorFind out how much you could save.

Questions & Answers

Your mortgage questions, answered

Clear answers to help you move forward with confidence.

Ready to get your best mortgage?

Apply in minutes. We'll shop 40+ lenders and match you with a top professional — free, and on your side.

Apply now — it's free Talk to an expert