Simply, MortgageRebates.ca was created to provide maximum value to you, our valued clients.
We take a portion of our compensation and provide it back to you after closing as a rebate. Longer terms offer more compensation which is why we can provide a larger rebate on longer terms.
How can we do this?
In a variety of manners, but the essence comes down to effectively and efficiently running our business allows us to offer this amazing incentive. We know it’s the best value in Canada.
Will I pay more for my mortgage as a result?
Absolutely NOT. MortgageRebates.ca offers some of the most innovative products with some of the best rates around. This is not a “cash back” where you exchange rate for cash. You always get our best possible rates with a cheque after closing. The effective rate of the mortgage would be even less than the contract rate as a result. We feel it’s the best value in Canada.
Will the service you provide me suffer?
No way. We pride ourselves on hiring the best talent, with years of experience in the mortgage industry. Our expertise is top notch and we strive to be class leading in terms of service and value provided to you. We are always upfront and honest with your application and do everything we can to get you an approval as quickly as possible and with as little red tape as possible.