Why Choose an OACIQ-Certified Mortgage Broker?
In Quebec, working with an OACIQ-certified mortgage broker is the smartest financial decision for your mortgage. Unlike your bank, which only offers its own products, a broker compares offers from 200+ lending partners — banks, credit unions, insurance companies and private lenders — to find the most advantageous terms for your situation.
On average, our clients save between $5,000 and $15,000 over the term of their mortgage, simply by securing a lower rate. And the service is completely free for residential purchases and renewals.
Mortgage Broker Fees in Quebec
Verified Client Reviews
“My broker got a rate of 4.89% while my bank offered 5.24%. On a $400,000 loan, that's savings of over $12,000 over 5 years.”
“Simple and fast process. Pre-approval in 24h, final offer in 3 days. The broker handled everything with the notary.”
“Complex file (self-employed). The broker found a lender who accepted my net income. Flawless.”
Mortgage Brokers Available in Your City
Frequently Asked Questions
How much does a mortgage broker cost in Quebec?+
In the vast majority of cases, the broker is free for the buyer. The broker is paid by the lender who gets your file. Only private mortgages or complex cases may involve fees of $0 to $1,500.
How is a mortgage broker paid?+
The broker receives a commission from the lender (approximately 0.85% to 1.2% of the borrowed amount). This commission is included in the lender's rate and does not affect your mortgage rate.
Can a broker get better rates than a bank?+
Yes. A broker has access to 200+ lenders and can put these institutions in competition. They generally obtain rates 0.2% to 0.5% lower than those offered directly by your bank.
Do I need a down payment to work with a broker?+
No. You can consult a broker from the planning phase. They will help you determine your borrowing capacity and the required down payment for your project.
Must a mortgage broker be OACIQ-certified in Quebec?+
Yes. Mortgage brokering in Quebec is regulated by the OACIQ. Any broker must hold a valid license. Our brokers are all OACIQ certified.
What documents are needed for a mortgage?+
You will need your last 2 pay stubs, notice of assessment (last 2 years), bank statement from the last 3 months, valid ID, and purchase agreement if applicable.