How long does it take to receive a mortgage quote from an advertising

Lenders in the icompare.ca marketplace should always reply within business day. It is typical to get responses within an hour on most business days. After all, they require to earn your business by providing great service AND great rates. If you you are having any service issues with an service lender, you can always contact us and we will help out in any way they can.

What if I’ve already shopped around on other websites for the lowest rate?

No problem! As long as you haven’t actually closed your mortgage, you’re golden. The great news is that you are here now. This means you can choose the lowest rate and the lenders here and get your customize mortgage offer for free without the hassle you likely experienced elsewhere. Welcome to icompare.ca.

What is a mortgage rate lock?

  • A rate lock protect you from financial market fluctuations that could affect your mortgage interest rate range.
  • You are free to choose to lock or not lock your interest rate range. On the moment you lock, your mortgage rate remains available to you for a set period of time.
    • If there are no subsequent changes to your loan and your interest rate range is locked, the interest rate range on your application generally remains the same.
    • If there are changes to your loan, your final interest rate at closing may be different. Check out our current mortgage quotes.