Take Control of your Mortgage and D.I.Y. (Do It Yourself)!
YOU know what you need better than anyone. myMortgageCanada.ca allows you to research and compare as many different lenders as you wish, comparing product details and rates to find the best fit for you.
You're in the drivers seat.... and We're riding shotgun
We understand that you want to decide what mortgage you want and who gets your business; but unless you know the mortgage industry you're probably unfamiliar with the technical side of processing a mortgage file. We created the mMC Mortgage Portal to allow you to be 'hands on' with the processing of your mortgage, but with the helping hand of a professional mortgage agent to eunsure the process goes smoothly and your needs are met.
Monitor your mortgage progress in real time
The mMC Mortgage Portal allows you to save and make changes to your application right up until you submit it to the lender of your choice. We forward your application to that lender and update the status accordingly so you always know what's happening with your file. You can communicate back and forth with our agents and ask or answer questions about your application, send and receive files and download reading material all in a secure environment.
The myMortgageCanada.ca process, start to finish
A D.I.Y. mortgage is easier than you think!
STEP 1- Create a user profile and account. This will create your account to which you can then log in and complete the application. Your e-mail address is your username and the password is one that you will choose on signup. Note: Step 1 and 2 are interchangeable, you don't need to create an account simply to do some research. But you will need to create an account to apply.
STEP 2- Go to our Mortgage Rates and Lender Profiles page and do your comparisons. Clicking on the name of the lender in the rate matrix will take you to a lender profile page which gives you a short company bio, product details and rates. Don't forget to check out our Lender Specials and Promotions too; there are usually some good 'quick close' or limited time specials to be found.
STEP 3- Complete the application inside the portal. Please be as detailed as possible to avoid delays in processing your application and minimize follow up inquiries from our underwriters; we cannot submit an incomplete application as it will be rejected by the lender. If you're not sure of what is being requested leave it blank and we will follow up with you for clarification.
STEP 4- Once the lender decision is received, all your paperwork will be available for you to download from the Portal. You can review it on your own or if you prefer, one of our agents will gladly call you to go over everything and answer any of your questions before you sign. We will also make a list available of all additional documentation requested by the lender. You can either upload the documents directly to your account in the Portal or fax them to us at our toll-free fax number.
STEP 5- Once all documentation is satisfied, we act as a liason between you, the lender and your lawyer (and anyone else who may be involved) to make sure your mortgage closes without a hitch.
We've tried to make this process as simple and easy as possible. As you can see,you can do it yourself but you're never BY yourself. There is always a licenced professional looking out for your best interest.
Ready to get started? Apply Now or Contact Us if you have a question. Also see How to use the myMortgageCanada.ca Mortgage Portal for a quick tutorial on using our site.
This concept not for you? CLICK HERE to fill out our quick application and a licenced Mortgage Agent will contact you very soon.