To find the perfect home equity line of credit (HELOC) use the form below.
Apply
Get Cash
Repay
Have a Question?
A mortgage loan in Canada is a financial agreement where a person borrows money to purchase a property, typically a home. The property itself serves as collateral for the loan. Canadians usually make a down payment and repay the mortgage through regular monthly payments over a fixed term, often 25 years.
To qualify for a mortgage loan in Canada, you need a good credit score (usually 650+), stable employment, and a low debt-to-income ratio. A down payment, generally at least 5% for properties under $500,000 and higher for more expensive homes is required. You must provide proof of income, and employment history.
For immediate assistance, try our 24 hour live chat. Alternatively, you can email us at [email protected].