First-Time Buyers
Down payment, closing costs, FHSA and RRSP Home Buyers' Plan, explained step by step.
Most popularPre-approvals in 24 to 48 hours
The right mortgage, not just the first one you're offered.
We compare 30+ lenders to find you a better rate and better terms, whether you're buying your first home, renewing or refinancing. Our service is usually free to you, because the lender pays us.
- 30+ lenders compared
- Licensed in BC
- Evenings & weekends
Today's best rates
Updated today
● Sample rates
5-year fixed Most popularInsured, 25-year amortization4.19%
3-year fixedInsured4.39%
5-year variablePrime minus 0.80%4.15%
Bank posted 5-year fixedWhat many banks quote first6.09%
- ✓ Pre-approval, rate held 120 days Approved
- $ Savings vs. bank posted rate $0/mo
Sample rates for illustration only. Your rate depends on your situation.
1,200+ families fundedAcross the Lower Mainland
4.9 / 5 ratingFrom 350+ reviews
One application. 30+ lenders compared for you.
Big banksCredit unionsMonoline lendersTrust companiesAlternative lendersPrivate lendersCMHCSagenCanada Guaranty
0Lenders compared
0In mortgages funded
0Families helped home
0Typical pre-approval
Your broker, not the bank's
We work for you and shop every lender on your behalf
Why a broker
Your bank offers you one option. We bring you thirty.
When you walk into a bank, you see that bank's products. When you work with us, you see the best of the big banks, credit unions and specialty lenders, side by side, with one application and one credit check.
We explain every option in plain English, handle the paperwork and negotiate on your behalf, from your first pre-approval to the day you get your keys and every renewal after that.
- Licensed mortgage professionals, no sales pressure
- One application, one credit check, 30+ lenders
- Usually free to you, the lender pays our fee
- Evening, weekend and video appointments
How we help
A mortgage for every stage of life
Whatever your situation, we've likely seen it before and know which lenders will say yes.
Renewals
Don't just sign your bank's renewal letter. We shop your renewal and often save thousands.
Save moneyRefinancing
Lower your payment, pay off high-interest debt or access equity for renovations.
EquitySelf-Employed
Business owners and contractors with complex income. We know the lenders who understand you.
SpecialtyNew to Canada
Newcomer programs that work with limited Canadian credit history and foreign income.
NewcomersInvestment Property
Rental properties, multi-unit homes and secondary suites, structured to grow your portfolio.
InvestorsPre-Approvals
Know your budget and lock in a rate for up to 120 days before you start house hunting.
Start hereDebt Consolidation
Roll credit cards and loans into your mortgage and free up hundreds of dollars a month.
Cash flowMortgage calculator
What would my payment be?
Built on Canadian rules: semi-annual compounding, CMHC insurance and the stress test. No email required.
Your home
Run the numbers
Move the sliders and watch your payment update.
Amortization
30 years is available for first-time buyers, new builds or with 20% down.
Payment frequency
Monthly payment
$0/month
Estimate only. Excludes property tax, strata and PST on insurance where it applies.
Renewal planner
Renewing soon? Start 120 days early.
Most people just sign the renewal their bank mails them and miss out on a better rate. Pick your renewal month and we'll show you exactly when to act.
Time until your renewal
Renewal date
00Days
00Weeks
00Months
Rate holds of up to 120 days are common, but terms vary by lender. Switching lenders at renewal may involve a new qualification.
Bank vs. broker
Same house. Better mortgage.
Going it alone
Your bank
Fraser Ridge
Lenders comparedA few130+
One credit check for all options✕✓✓
Works for you, not the lender✓✕✓
Self-employed and newcomer options✕Limited✓
Shops your renewal for you✕✕✓
Evening and weekend meetings✕Rarely✓
How it works
From first call to keys in hand
- 1
Free call
15 minutes to understand your goals, income and timeline. No credit check yet.
- 2
Pre-approval
One application. We lock a rate for up to 120 days and tell you your real budget.
- 3
We shop lenders
We compare 30+ lenders and bring you the best options, explained side by side.
- 4
Keys in hand
We handle the paperwork with your lawyer and lender right through to closing day.
Secure document upload
No printing. No scanning. No office visit.
Upload pay stubs, tax documents and ID from your phone, sign everything electronically and track your approval in real time.
- Bank-level 256-bit encryption
- Snap documents with your phone camera
- E-sign your application and commitment
- See your approval status any time
Client reviews
Families we've helped home
Sample reviews shown for demonstration purposes.
★★★★★
"Our bank said no because I'm self-employed. Fraser Ridge found us a lender in a week, and our rate was better than the bank's posted rate."
★★★★★
"I almost signed my bank's renewal letter. They shopped it for me and I'm saving over $200 a month for the next five years."
★★★★★
"As newcomers we had no idea where to start. They explained everything, answered texts on weekends and got us our keys in 45 days."
FAQ
Questions buyers ask us most
Have a question about your situation? Call (604) 555-0831 or text us, evenings and weekends included.
Does it cost anything to use a mortgage broker?
For most residential mortgages, no. The lender pays our fee when your mortgage funds. If a special situation ever involves a fee, like some private loans, we tell you upfront and in writing before you commit.
How much down payment do I need?
At least 5% on the first $500,000 and 10% on the portion up to $1.5 million. Homes over $1.5 million need 20% down. Use the calculator above to see your minimum.
What is the mortgage stress test?
Lenders check that you could still afford your payments at the higher of your rate plus 2%, or 5.25%. Our calculator shows your qualifying rate so there are no surprises.
Will shopping around hurt my credit?
No. You apply once with us and we compare lenders for you, so there's no need for multiple credit checks at different banks.
When should I start my renewal?
About 120 days before your renewal date. That's when most lenders will hold a rate, so you're protected if rates rise and can still take a lower rate if they fall.
Can you help if I'm self-employed or new to Canada?
Yes, it's a big part of what we do. Several lenders have programs built for business owners, contractors and newcomers that banks often don't offer at the counter.
Find us
Based in Surrey, helping buyers across BC
Free 15-minute call
Ready to find your best mortgage?
Tell us what you're planning and we'll show you your options, your budget and your best rate. No obligation, no credit check on the first call.
Mon to Fri 9am to 8pm · Sat 10am to 4pm · Sundays by appointment