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    All rates shown are for informational purposes only. Always verify with your lender.

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    Back to Ontario
    Toronto, ON

    Loans in Toronto

    Borrowing topics and saved province-level lender information. City coverage and current rates are not verified.

    HomeProvincesOntarioToronto

    Quick answer

    What should Toronto borrowers verify?

    This page provides general borrowing guidance, not verified local rates or approval information. Compare total borrowing cost and confirm product availability, fees and provincial eligibility directly with providers.

    Borrowing Topics for Toronto

    Personal Loan

    Unsecured loans used for any purpose — debt consolidation, home repairs, medical expenses, or major purchases.

    See personal loans in Toronto →

    Debt Consolidation Loan

    A single loan that pays off multiple high-interest debts (typically credit cards) so you make one lower-interest payment.

    See debt consolidation loans in Toronto →

    Auto Loan

    Secured loan to finance a new or used vehicle, with the vehicle itself serving as collateral.

    See auto loans in Toronto →

    Bad Credit Loan

    Personal loans designed for borrowers with credit scores below 600. Higher rates but accessible approval criteria.

    See bad-credit loans in Toronto →

    Home Equity Loan / HELOC

    Borrow against the equity in your home — either as a lump sum (home equity loan) or a revolving line (HELOC).

    See home equity loans in Toronto →

    Mortgage

    Long-term secured loan to finance the purchase of a home, with the property as collateral. Subject to CMHC insurance if down payment is under 20%.

    See mortgages in Toronto →

    About Lending in Toronto

    Income, existing obligations, collateral and the product’s terms affect borrowing decisions. We do not infer eligibility from the city or an employer.

    Saved province labels do not confirm service in this city. The entries below are not checked current rates, product offers or eligibility matches.

    Saved Province-Level Lender Entries

    BMO Bank of Montreal

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

    Saved APR: 4.99% – 11.95%
    Funding: 24-48 hours
    DetailsVisit website

    CIBC

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

    Saved APR: 5.14% – 12.99%
    Funding: Same day to 48 hours
    DetailsVisit website

    EQ Bank

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

    Saved APR: 4.79% – 7.99%
    Funding: 3-5 business days
    DetailsVisit website

    Fairstone Bank of Canada

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

    Saved APR: 14.99% – 31.99%
    Funding: 24-48 hours
    DetailsVisit website

    Loans Canada

    Canada's premier loan comparison network connecting borrowers with hundreds of prime and alternative Canadian lenders with a single soft search.

    Saved APR: 7.99% – 34.99%
    Funding: 24-48 hours
    DetailsVisit website

    Mogo

    Canadian financial technology company offering MogoLiquid personal loans, free Equifax credit score monitoring, and identity fraud protection.

    Saved APR: 9.9% – 32.9%
    Funding: Same day
    DetailsVisit website

    RBC Royal Bank

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

    Saved APR: 5.14% – 11.99%
    Funding: 24-48 hours
    DetailsVisit website

    Scotiabank

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

    Saved APR: 5.09% – 12.25%
    Funding: 2-3 business days
    DetailsVisit website

    Spring Financial

    Canada's top consumer fintech lender specializing in credit building, personal loans, and debt consolidation for all credit tiers.

    Saved APR: 9.99% – 29.99%
    Funding: Same day (Interac e-Transfer)
    DetailsVisit website

    TD Canada Trust

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

    Saved APR: 5.19% – 12.49%
    Funding: 24-48 hours
    DetailsVisit website

    Calculators for Toronto

    Loan CalculatorAffordabilityRenewal ShockLand Transfer TaxFinancial Health Quiz

    Frequently Asked Questions

    Are these rates or offers specific to Toronto?

    No. This is general borrowing information. We do not have verified city-level rates, local approval statistics or confirmed branch coverage. Verify current terms with the provider.

    How should I compare borrowing options?

    Compare the fee-inclusive APR, total repayment, payment schedule and early-repayment rules. Confirm provincial eligibility and ask whether any credit check is hard or soft before applying.

    Does a directory entry mean I qualify?

    No. Saved province and product labels are not an approval assessment, a recommendation or a promise of availability. A provider must confirm its own requirements.

    Other Ontario Cities

    OttawaMississaugaBramptonHamiltonLondonMarkhamVaughanKitchenerWindsorBarrieOshawaGuelphKingstonSudburyThunder BaySt. CatharinesWaterloo