Step 1: Your property
Start typing the address and pick it from the list, choose a nickname for the property (like Home or Rental) and tell us what you need.
Step 2: Your mortgage
The balance, what the home is worth, the rate you were offered or are paying, and any rental income. Round numbers are fine.
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
Step 3: Borrowers
Your credit range, how you earn your income and anyone else on the mortgage. No credit check happens here.
Step 4: Verify and start bids
Last step: confirm your email with a one-time code. Your private bid page goes live and we email you the link.
Then: compare and choose
Approved brokers and lenders bid with their rate, term, prepayment, penalty method, fees and conditions. Compare up to four side by side with calculators, then book a call with the one you choose. Only that lender receives your contact details.
Who can bid?
Licensed mortgage brokers, banks, credit unions, monoline lenders, private lenders, MICs and mortgage funds. Each is approved by our team before it can bid; see how lenders are verified.
Frequently asked questions
Is it really free?
Yes. Homeowners pay nothing. Participating brokers and lenders pay MortgageBids.ca a referral fee.
Do lenders see my name?
Not until you choose a lender.
Challenge your mortgage rate
Connect with verified brokers and lenders bidding on your mortgage. Free for homeowners, four short steps.