Licensed mortgage brokers bid alongside banks, credit unions and private lenders on MortgageBids.ca. One broker bid can tap dozens of lenders, and on most prime mortgages the lender pays the broker, not you. Why use a mortgage broker · Get broker and lender bids
Mortgage bidding FAQ
What is a mortgage bidding platform?
You describe your mortgage once; verified brokers and lenders bid; you compare and choose.
Is it free?
Yes for homeowners.
Will getting bids affect my credit score?
No. A credit check happens only when you apply with the broker or lender you choose.
Who bids?
Licensed mortgage brokers, banks, credit unions, monoline and private lenders, MICs and funds, each approved before bidding.
How do I choose a bid?
Compare the full cost: rate, payment, penalty method, prepayment and fees. Our calculators help.
Is my information private?
Your name and contact details are shared only with the broker or lender you choose. See our privacy policy.
How is MortgageBids.ca paid?
Participating brokers and lenders pay us a referral fee; homeowners never pay. See how we are paid.
Challenge your mortgage rate
Connect with verified brokers and lenders bidding on your mortgage. Free for homeowners, four short steps.