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For Borrowers

Mortgage Guides for Borrowers

Plain-language guides on how mortgage brokers work, how to choose one, and how to get the best deal on your Canadian mortgage.

Basics7 min read

How Does a Mortgage Broker Get Paid in Canada?

Complete breakdown of mortgage broker compensation in Canada: finder's fees, volume bonuses, trailer fees, and when brokers charge borrower fees. Understand who pays your broker and what that means for you.

Verification6 min read

How to Verify a Mortgage Broker's License in Canada (By Province)

Step-by-step guide to verifying your mortgage broker or agent is properly licensed in Canada. Province-by-province regulator guide: FSRA in Ontario, BCFSA in BC, RECA in Alberta, AMF in Quebec, and more.

Basics8 min read

Mortgage Broker vs Bank in Canada: Which Should You Use?

An objective comparison of using a mortgage broker versus going directly to a bank in Canada. When brokers have the advantage, when your bank wins, and how to decide which option is right for your situation.

Process9 min read

Questions to Ask Your Mortgage Broker in Canada (and Red Flags to Watch For)

The specific questions every Canadian borrower should ask their mortgage broker — about compensation, lender selection, mortgage terms, and penalties. Plus red flags that signal a broker is not acting in your interest.

Rates9 min read

How to Get the Best Mortgage Rate in Canada (2026 Guide)

Practical strategies Canadian borrowers use to get the lowest mortgage rate: rate shopping, rate holds, credit optimization, and the key factors lenders use to price mortgages. Includes what to compare beyond the rate.

Process10 min read

First-Time Home Buyer Programs in Canada (2026): FHSA, HBP, and More

Complete guide to every first-time home buyer program available in Canada in 2026: First Home Savings Account (FHSA), RRSP Home Buyers' Plan (HBP), land transfer tax rebates by province, and the new down payment rules for properties up to $1.5M.

Process7 min read

Mortgage Pre-Approval in Canada: What It Is, How It Works, and Why It Matters

A complete guide to mortgage pre-approval in Canada. What documents you need, how long pre-approval takes, what a rate hold is, the difference between pre-qualification and pre-approval, and common reasons pre-approvals fall through.

Process9 min read

Self-Employed Mortgage in Canada: How to Qualify in 2026

How self-employed Canadians qualify for a mortgage in 2026. What income lenders accept, stated income programs, B-lender options, required documents, and strategies to maximize your qualifying amount.

Process8 min read

What Happens When Your Mortgage Renews in Canada: A Complete Guide

Everything Canadian homeowners need to know about mortgage renewal: when to start shopping, how to negotiate a better rate, whether to switch lenders, the stress test at renewal, and how to avoid costly mistakes.

Protection8 min read

How to Spot a Predatory Mortgage Broker in Canada: Red Flags and Scams

A practical guide to identifying predatory, unlicensed, or dishonest mortgage brokers in Canada. Real red flags, common scams targeting Canadian borrowers, and how to protect yourself from mortgage fraud.

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Are you a mortgage broker?

We have in-depth technical guides on GDS/TDS calculations, stress test, CMHC, and AI tools for brokers.

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