Credit unions

Credit unions are member-owned and provincially regulated. Some offer flexible qualifying and aren't bound by OSFI's stress test, and many lend through licensed mortgage brokers, so a broker's bid can include credit union rates.

Verified brokers and lenders

No approved brokers and lenders of this type yet. Post your request and licensed mortgage brokers serving your area can bid.

Which lender type suits you?

Lender types compared
Lender typeCostFlexibilitySpeedBest for
BankLowStrict2–4 weeksStrong credit and income
Credit unionLowModerate2–4 weeksLocal, member-focused
MonolineLowModerate2–3 weeksPrime borrowers via brokers
Alternative (B)MediumFlexible1–3 weeksSelf-employed, credit issues
Private / MIC / fundHigher + feesEquity-basedDaysShort-term, complex files
Credit unions work with mortgage brokers

Many credit unions lend through licensed mortgage brokers. A broker's bid can include credit union rates and flexible qualifying you won't see posted online, and on most prime mortgages the lender pays the broker, not you. Why use a mortgage broker · Get broker and lender bids

How lenders are verified

Business email on the lender's own domain, licence checked on the regulator's register, logo and profile reviewed, and admin approval. Read more.

Lenders by province

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