About Brightrate
Mortgages are confusing. We make the first step simple.
Most people sign the first mortgage offer they get, because comparing feels like work. Brightrate explains your options in plain English, then connects you with a licensed broker who does the comparing for you.
What Brightrate is and isn't
What we are
- A free guide to renewals, refinancing and buying a home in Canada
- A quick way to reach a licensed mortgage broker in your province
- Upfront about how we're paid
What we're not
- A lender: we don't lend money or approve mortgages
- A broker: advice and applications come from your licensed broker
- A data seller: we don't sell your details to marketers
How we make money
Brokers pay us. You don't.
When you ask for help on Brightrate, we introduce you to one licensed mortgage broker in your province. That broker pays us a fee for the introduction.
The fee doesn't depend on which lender or product you choose, and it doesn't change the rates you're offered. You pay Brightrate nothing, ever.
How brokers are paid
In most cases, mortgage brokers are paid by the lender when your mortgage closes, so their help is free for you. In rare cases, such as private lending or very complex files, a broker may charge a fee. If so, they must tell you in writing before you agree to anything.
Ask your broker how they're paid. A good one will happily explain.
Our brokers
Who you'll talk to
We only work with mortgage brokers who are licensed in the province where your property is. Brokers are licensed and supervised by provincial regulators, and must follow their rules on disclosure and fair treatment.
Your information
Your details go to one broker, the one matched to you. Not a list of companies. You can ask us to delete your information at any time.
Read our privacy policy for the details.
Questions about how it works?
We're happy to explain. Or jump in and see your options. It takes about a minute.