Independent head-to-head comparison of APR, loan limits, credit requirements and funding speed for two Canadian lenders.
Longstanding Canadian responsible lending institution providing secured and unsecured personal loans through online and 240+ retail branches.
Visit Fairstone Bank of CanadaCanada's top digital mortgage lender and brokerage using proprietary algorithms to find and fund the lowest mortgage rates with zero commission bias.
Visit nesto Mortgage| Feature | Fairstone Bank of Canada | nesto Mortgage |
|---|---|---|
| Lowest APR | 14.99% | 4.69% |
| Highest APR | 31.99% | 6.99% |
| Min Loan | $1,000 | $100,000 |
| Max Loan | $50,000 | $2,500,000 |
| Min Credit Score | 550 | 660 |
| Funding Time | 24-48 hours | 3-7 business days |
| Loan Types | personal, debt_consolidation, auto, mortgage | mortgage |
| Provinces | ON, BC, AB, QC, MB, SK, NS, NB, NL, PE, NT, YT | ON, BC, AB, QC, MB, SK, NS, NB, NL, PE |
Fairstone Bank of Canada starts at 14.99% APR while nesto Mortgage starts at 4.69%. The cheapest option depends on your credit score, loan amount and term. Always compare your personalized APR offers — advertised rates are minimums for the strongest applicants.
Fairstone Bank of Canada typically requires a minimum credit score of 550. Below that, consider alternative lenders that specialize in credit-challenged borrowers.
nesto Mortgage typically funds in 3-7 business days after final approval. Same-day funding usually requires e-transfer-eligible accounts and document approval before cutoff.
Fairstone Bank of Canada serves ON, BC, AB, QC, MB, SK, NS, NB, NL, PE, NT, YT. nesto Mortgage serves ON, BC, AB, QC, MB, SK, NS, NB, NL, PE. Province availability is a hard requirement — verify before applying.
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