Canada's Largest Mortgage Bidding Platform
Compare mortgage rates in Canada the fast way. Post your mortgage once, verified lenders compete with real bids, and you choose. Free for homeowners.
Challenge your renewal rate
Step 1 of 4Mortgage lenders across Canada, competing for you
How does mortgage bidding work?
Tell us about the property
Address, balance and a few details. About two minutes.
Verify and start bids
Confirm your email with a one-time code. Your private bid page goes live.
Compare and choose
Compare up to 4 bids side by side, then talk to the lender you pick.
Renewing? Challenge your renewal rate.
Your renewal letter is one lender's offer. Mortgage renewal rates from other lenders are often lower, and switching at maturity is simpler than most people think.
Get mortgage renewal bidsWhich mortgage do you need?
Mortgage renewal
Let lenders beat your renewal offer.
Get bidsPurchase mortgage
Pre-approval and rate holds while you shop.
Get bidsMortgage refinance
Lower your rate or access equity.
Get bidsHELOC
Home equity line of credit.
Get bidsHome equity loan
A lump sum against your home.
Get bidsSecond mortgage
Borrow without breaking your first.
Get bidsPrivate mortgage
1st, 2nd and 3rd position lending.
Get bidsSelf-employed mortgage
Lenders that read business income.
Get bidsWhat are today's best mortgage rates in Canada?
| Term | Rate type | Best bid | Lender type | |
|---|---|---|---|---|
| 5-year fixed | Fixed | 4.04% | Credit union | Rates |
| 5-year variable | Prime − 0.75% | 3.70% | Brokerage | Rates |
| 3-year fixed | Fixed | 4.19% | Monoline | Rates |
| HELOC | Prime + 0.50% | 4.95% | Bank | Rates |
How much mortgage can I afford?
Every calculator runs beside your bids, so the numbers use the rates lenders actually offered you.
Mortgage rates by province and city
Mortgage bidding, answered
What is a mortgage bidding platform?
You describe your mortgage once. Verified lenders and brokerages send bids with their rate, term and conditions. You compare them and choose who to talk to.
Is it free to get mortgage bids?
Yes. Homeowners pay nothing. Approved lenders pay MortgageBids.ca for leads.
Who bids on my mortgage?
Banks, credit unions, monoline lenders, private lenders, MICs, mortgage funds and licensed brokerages. Each is approved by our team before it can bid.
Will getting bids affect my credit score?
No. Bids are based on what you tell us. A credit check happens only when you apply with the lender you choose.
Bid on verified borrowers. Pay per lead.
Register your bank, credit union, monoline, private lending company, MIC, fund or brokerage. Verify your business email, upload your logo, buy your first lead pack and start bidding once approved.