10-year Fixed Rate:
%

Rate based on a $300,000 mortgage and 25-year amortization. Change

In Brief

A fantastic rate that's supported by intelliMortgage's renowned client service team. See more rate details below. Then click to apply now.

More Info

No legal or appraisal fees on standard switches. No-fee collateral charge switches for just 0.1% more. Includes a FREE one-year home warranty (certain limitations and a $50 deductible apply). Blends are available (upon qualification) if you are purchasing a new home and require a higher loan amount. Blends require a new term that is equal to or longer than the remaining term, plus a minimum $20,000 increase to the loan amount. Blends are not available if the loan-to-value is over 80%. No blends to maturity are permitted on increases. Increases are at CMLS publicly advertised rates available at the time. If you are self-employed, this lender requires that you can prove three years of self-employed income on your tax returns. Rate is locked until closing and cannot be increased or decreased.

Key Details

Lender Type
Wholesale
Contract Rate
Closing Deadline
May 15, 2021 (120 days)
Equity Required
At least 35%
Minimum Mortgage
$300,000.00 (for rate shown); $150,000 (minimum*)
Maximum Mortgage
$800,000.00 (Conventional); $950,000.00 (Insured)
Lump-Sum Prepayment Option
20% per year
more details

Features

Portable
Yes
Time to Port
30 day(s)
Collateral Charge
No
Discount Penalty
Yes
Increase Without Penalty
Yes
Available on Switches/Refinances
Yes/No
Blend & Extend
No
Compounding
Semi-annually
Payment Increase Option
20% per year
Fixed Payment
Yes
Line of Credit Available
No
Readvanceable
No
Term Type
Closed
Permitted Amoritzations
12 to 25 years
Online Access
Yes
Double-Up Payments
No
Skip-A-Payment
No
Rate ID
5262
more features

Compare Interest Savings

Enter Competing Rate (%)
Amortization (years)
intelliMortgage Savings *
$
Monthly Payment
$

*(Rate based on $300,000 mortgage.*) Change

What Our Clients Say

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Quyen Nguyen
Quyen Nguyen

5 out of 5 stars

posted 1 week ago

I've been shopping for months before reaching out to intelliMortgage. Amanda was able to secure a great deal for us and in a timely manner, which was important to us because we were nearing the closing date and we had a lot of requirements. We looked at rates together and she helped me decide on which lender to go with, explaining everything along the way. Amanda was professional, responsive, and went above and beyond for us - truly the best agent we could ask for. On top of that, the deal she secured for us was so great that when I shared it with my original mortgage broker, he advised me to take it immediately. We are definitely going to intelliMortgage again! Thank you and way to go Amanda!

Anirudh Ramachandran
Anirudh Ramachandran

5 out of 5 stars

posted 1 month ago

1. Best rates in Canada. No competition.
2. No other brokerage lists the standard terms of a mortgage (bonafide sale clause, portability, discount/standard penalty etc.) and allows you to truly compare two mortgages.
3. Transparent.
4. Professional.

brian kwok
brian kwok

5 out of 5 stars

posted 2 weeks ago

I originally went to another mortgage broker who advertised a lower rate. Once he looked at the numbers he told me I didn't qualify and could only offer a much higher rate. I then talked to Amanda at Intellimortgage and she assured me that I would qualify for their advertised rate. She was very friendly, helpful, patient and professional throughout the entire process and answered every question I had. I always felt she had my best interest at heart. I will definitely be knocking on their door again when my renewal comes up again. Keep up the great work Amanda!

Max Leonov
Max Leonov

5 out of 5 stars

posted 3 months ago

Recently closed a mortgage through them. It was so easy and everything was done via their IM platform. The agent Amanda was the best agent and couldn’t ask for anybody better. She is professional, knowledgeable, personable, happy to help and most of all always responded promptly to our questions.
The process was done remotely and all the required documents were uploaded onto their secure platform. Any documents requiring signatures could be E-signed and the process was quick and efficient; very suitable during this unprecedented time.
Although it is an online self serve platform, you could talk to agents and have your questions addressed.
Would definitely recommend them to anybody that is looking to get the best rates, professional, honest, and efficient services

Martin Vincent
Martin Vincent

5 out of 5 stars

posted 3 months ago

I have used intelliMortgage for my first mortgage, it is a great product and I highly recommend it. Nothing comes close.

Who is it best suited to?
This is a product for you if you have a basic idea of how mortgages work and the different options to choose from. The reason is you need to be able to know what you want to some extent to know what works best for you. Remember you can always just google a phrase to learn more...
You don't need to be an expert, the team will help you along the way if you have questions.

With that out of the way, I would say this system is the best for several reasons:

-The system is transparent, you see the rate everyone else sees.
You can check it anytime of the day, there's no pressure to sign up before you 'get the rate' or any other gimmicks I have observed in other systems.

-The rates are very competitive.
I like to shop around, nothing could beat it. (although they do offer a rate guarantee for the unlikely case that it actually does).

-The rate you are quoted automatically by the site is very accurate
Almost every other system with competitive rates out there quotes incorrectly (erring to their advantage, till you actually get a real quote which ends up higher).
In comparison another websites showed me incorrectly lower rates for high ratio mortgages even when you give them the details that clearly specify its a normal mortgage.
To be clear, my mortgage was closed up at the end with the exact terms we agreed to in the process, no switch or surprises at the end or anything like that.

-The staff try their best to help
You don't need to be an expert, once you see a rate and terms you like and want to proceed, then you get assigned to a rep.
I got Amanda, she is busy but also very helpful and tries her best to get back to you. They put in the extra effort to catch up to communication should their day get busy. I am happy to have worked with Amanda and had my mortgage close at a really good rate and well on time with ZERO problems.

-Again, great rates...
I cannot emphasize enough that they have great rates and the best value out there. Their system is very efficient so that it allows less overheads and they share the savings back to us, either we great rates, cashback from the excess savings they incur or both :)

-Large pool of lenders
Unlike the usual brokers, they have access to 50+? lenders to get you the best rate, I'm guessing but pretty much they will have access to a lender that any other broker would because of their volume of business.

-No sales pressure and follow ups sales calls
I highly recommend you give them a try, remember there is no commitment and you are not going to get hounded if you change your mind.
I would say, shop around to test the comments I have put above but do start with them.

In the end I got the terms I was promised, received the cashback exactly as I expected.
It was a pleasant experience and I will be going back to them to renew once my term is up without a doubt.

Hope that was helpful.

10-year Fixed Rate:
2.49%

Secure your true best rate today.

* Rate savings is based on the interest cost difference over the term, compared to the competitor's rate. Rates shown are based on approved credit, may include cash back and are subject to change without notice. E&OE. Other conditions may apply.