Our Variable Rates Are Low & Our Process is Quick & Painless

A variable rate mortgage in Canada is a type of mortgage loan where the interest rate fluctuates based on changes in the prime lending rate. The prime rate is the interest rate that Canadian banks charge their most creditworthy customers for loans.

With a variable rate mortgage, the interest rate can change at any time, which means that your mortgage payments can also change. If the prime rate goes up, your mortgage payments will also increase, and if the prime rate goes down, your mortgage payments will decrease.

We’re here to make it a whole lot easier, with tools and expertise that will help guide you along the way, starting with our FREE variable rate mortgage qualifier.

We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a seasoned investor.

The Variable Rate Mortgage Loan Process

Here’s how our home loan process works:

• Complete our simple variable rate mortgage qualifier
• Receive options based on your unique criteria and scenario
• Compare mortgage interest rates and terms
• Choose the offer that best fits your needs

Variable rate mortgages typically offer lower interest rates compared to fixed-rate mortgages, but they come with the risk that your payments may increase if interest rates rise. Many variable rate mortgages also have a cap or ceiling on how much the interest rate can increase over the life of the loan.

In Canada, variable rate mortgages are a popular choice for homeowners who are comfortable with the potential risks and want to take advantage of lower interest rates. It is important to carefully consider your financial situation and your risk tolerance before choosing a variable rate mortgage.

• Fixed Rates
• Variable Rate Mortgage (VRM)
• Adjustable Rate Mortgage (ARM)
• Conforming Loans
• Jumbo & Super Jumbo Loans
• Non-QM Mortgages
• Stated Income Mortgages
• Terms from 1 to 5 Years