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    Canadian mortgage lenders, ranked by lowest advertised rate

    Banks, digital banks and mortgage lenders, sorted by their lowest listed rate. Mortgage rates change often — always get a current quote.

    Figures are each lender's advertised range as of 2026-09-08. Not paid placements in this ranking — sorted purely by lowest APR. Confirm current terms with the lender.

    1. 1. nesto Mortgage

      4.69% – 6.99% APR

      Canada's top digital mortgage lender and brokerage using proprietary algorithms to find and fund the lowest mortgage rates with zero commission bias.

      Min. credit score
      660
      Amounts
      $100,000 – $2,500,000
      Funding
      3-7 business days
      Read the nesto Mortgage review →

    2. 2. EQ Bank

      4.79% – 7.99% APR

      Leading Canadian digital bank known for ultra-low mortgage rates, zero monthly account fees, and high-interest savings.

      Min. credit score
      680
      Amounts
      $50,000 – $2,000,000
      Funding
      3-5 business days
      Read the EQ Bank review →

    3. 3. Tangerine Bank

      4.94% – 8.49% APR

      Scotiabank's direct banking subsidiary offering straightforward, transparent mortgages, lines of credit, and savings products.

      Min. credit score
      670
      Amounts
      $10,000 – $1,000,000
      Funding
      24-72 hours
      Read the Tangerine Bank review →

    4. 4. BMO Bank of Montreal

      4.99% – 11.95% APR

      Pioneer of the 130-day mortgage rate guarantee and specialized low-rate Smart Fixed mortgages.

      Min. credit score
      650
      Amounts
      $5,000 – $1,500,000
      Funding
      24-48 hours
      Read the BMO Bank of Montreal review →

    5. 5. Scotiabank

      5.09% – 12.25% APR

      Canada's international bank and leader in flexible borrowing through the Scotia Total Equity Plan (STEP) and variable mortgages.

      Min. credit score
      660
      Amounts
      $5,000 – $1,750,000
      Funding
      2-3 business days
      Read the Scotiabank review →

    6. 6. RBC Royal Bank

      5.14% – 11.99% APR

      Canada's largest bank by market capitalization offering competitive mortgages, personal lines of credit, and debt consolidation loans.

      Min. credit score
      660
      Amounts
      $5,000 – $1,500,000
      Funding
      24-48 hours
      Read the RBC Royal Bank review →

    7. 7. CIBC

      5.14% – 12.99% APR

      Major Canadian lender offering fast approvals, Pace It installment plans, and flexible personal borrowing options.

      Min. credit score
      640
      Amounts
      $3,000 – $1,500,000
      Funding
      Same day to 48 hours
      Read the CIBC review →

    8. 8. TD Canada Trust

      5.19% – 12.49% APR

      Major Canadian chartered bank featuring innovative mortgage solutions, extended branch hours, and customizable loan options.

      Min. credit score
      650
      Amounts
      $3,000 – $1,500,000
      Funding
      24-48 hours
      Read the TD Canada Trust review →

    9. 9. Fairstone Bank of Canada

      14.99% – 31.99% APR

      Longstanding Canadian responsible lending institution providing secured and unsecured personal loans through online and 240+ retail branches.

      Min. credit score
      550
      Amounts
      $1,000 – $50,000
      Funding
      24-48 hours
      Read the Fairstone Bank of Canada review →

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