How Lenderoo Works
We shop 40+ lenders so you don't have to settle for your bank's single offer
Lenderoo is Canada's mortgage platform. We shop 40+ lenders and match you with a top mortgage professional who works on your behalf to find your best mortgage. Unlike a bank that only offers its own products, Lenderoo gives you access to competitive rates and terms from across the market—all at no cost to you.
Lenderoo is Canada's mortgage platform. We shop 40+ lenders on your behalf and connect you with a top mortgage professional from our network—so the heavy lifting is done for you, and you get an expert who's on your side from start to finish.
Different from Banks
A bank only offers its own mortgage products. Lenderoo compares options from 40+ lenders.
On Your Side
We work for you, not the banks or lenders, so you get the best deal possible.
End-to-End Support
From application to closing, your matched mortgage professional guides you through every step.
Top Mortgage Professionals
We connect you with licensed, regulated mortgage professionals for expert service.
The Lenderoo Advantage
Discover why thousands of Canadians let Lenderoo shop the market for them
Lenderoo shops 40+ lenders instead of just one bank. More options means better rates and terms tailored to your needs.
One application, multiple offers. Lenderoo and your matched mortgage professional do the shopping and negotiating, securing better rates while you focus on finding your home.
Get matched with a top mortgage professional who provides unbiased advice based on your unique financial situation, not sales quotas.
No cost to you—ever. Lenderoo is compensated by lenders, so you get expert service without any fees or charges.
Lenderoo leverages volume discounts and competitive shopping across 40+ lenders to secure rates that are often better than what you'd find on your own.
Your financial situation is unique. The mortgage professionals in our network find solutions tailored specifically to your needs—not one-size-fits-all products.
Self-employed? Credit challenges? Investment property? Shopping 40+ lenders gives you more flexibility and creative solutions than a single traditional bank.
Get help with renewals, refinancing, and future purchases. Your relationship with your matched mortgage professional extends well beyond closing day.
Lenderoo vs Bank: The Clear Choice
See how shopping the market with Lenderoo compares to taking your bank's single offer
- Access to 40+ lenders and their products
- Shop for the best rate available
- 100% free service to you
- Unbiased, independent advice
- Your matched mortgage professional handles all the paperwork
- One application, multiple offers
- Better rates through volume pricing
- Ongoing relationship and support
- Only that bank's mortgage products
- One rate option to consider
- Potential application or processing fees
- Bank's interests come first
- You do all the legwork yourself
- Separate applications for each bank
- Standard, non-negotiated rates
- Transactional, not relationship-based
Lenderoo is compensated directly by the lenders when your mortgage funds. This means you receive expert guidance, comparison shopping across 40+ lenders, and a matched mortgage professional without paying a single dollar out of pocket.
The Lender-Paid Model
- •Lenders pay a commission when a mortgage is successfully placed
- •This compensation is built into their business model, not added to your rate
- •You often get better rates by shopping the market through Lenderoo than going directly to one lender
- •Complete transparency—we're happy to discuss our compensation structure
No Conflict of Interest
While lenders compensate us, our fiduciary duty is to you. We're legally and ethically obligated to find you the best mortgage solution for your needs—not the one that pays us the most.
When Lenderoo Helps Most
Shopping the market with Lenderoo is especially valuable in these situations
Navigate the complex mortgage process with an expert guide by your side.
Access specialized lenders who understand non-traditional income documentation.
Find lenders willing to work with your unique credit situation.
Get competitive shopping across multiple lenders to ensure the best deal.
Handle unique financial circumstances with creative mortgage solutions.
Access specialized investment property financing and portfolio strategies.
Want professional advice and someone to advocate for your best interests.
Let an expert handle the shopping, paperwork, and negotiations for you.
Common Myths Debunked
Let's clear up some misconceptions about shopping the market with Lenderoo
How Lenderoo Works, Step by Step
A simple, stress-free process from start to finish
Tell us your needs and goals, and Lenderoo matches you with a top mortgage professional—no obligation.
We compare rates and terms from 40+ lenders to find your best options.
Submit one application, and we handle the paperwork with multiple lenders.
We negotiate on your behalf to secure the best possible rate and terms.
Guide you to closing and provide ongoing support for future mortgage needs.
Real Results for Real People
See how Lenderoo made a difference
"We were first-time homebuyers and felt completely overwhelmed by the mortgage process. Lenderoo matched us with a mortgage professional who explained everything clearly, shopped rates across 40+ lenders, and secured us a rate 0.3% lower than our bank offered. Over our 5-year term, that saved us over $8,000. The service was completely free, and they were available to answer our questions every step of the way. We can't imagine going through this without them!"
Sarah & Michael T.
First-Time Homebuyers, Toronto
The Numbers Speak for Themselves
Why more Canadians are shopping the market with Lenderoo
Lenders We Shop
vs. just 1 at a bank
Cost to You
100% free service
of Canadian Mortgages
Placed through mortgage professionals
Client Satisfaction
Would recommend Lenderoo
Frequently Asked Questions
Quick answers to common questions about how Lenderoo works
Ready to Put Lenderoo On Your Side?
Let us shop 40+ lenders and match you with a top mortgage professional—all at no cost to you.
No obligation • Free consultation • Expert advice