Special mortgage offers

Mortgage offers refer to the specific terms and conditions presented by lenders to borrowers for obtaining a mortgage loan. These offers outline the key details of the loan, including the loan amount, interest rate, loan term, and any associated fees or requirements.


Limited switch offer

Get up to $1,000 and 20,000 points, only with an Nodepayer mortgage.

A mortgage switch, or a transfer mortgage, involves moving your current mortgage from one lender to another.

Get Started Offer available until December 31th, 2023

Limited time offer

Get up to $5,000 and 100,000 points, only with an Bpox mortgage.

A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.

Get Started Offer available until December 31th, 2023

Mortgage offers elements


Loan amount

The mortgage offer specifies the approved loan amount, which is the maximum amount the lender is willing to lend to the borrower. This is based on factors such as the borrowers income.


Interest rate

The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned.



A mortgage loan is a very common type of loan, used by many individuals to purchase residential or commercial property


Repayment structure

Loan repayment involves setting periodic payments that consist of both principal and interest over the loan's term. A portion of each payment is used to cover interest charges, while the remainder reduces the loan's principal balance


Fees & Costs

Mortgage fees include all of the costs associated with getting a mortgage loan that lenders and brokers include in the Good Faith Estimate.


Prepayment penalties

A mortgage prepayment penalty is a fee that some lenders charge when you pay all or part of your mortgage loan off early. The penalty fee is an incentive for borrowers to pay back their principal slowly over a longer term, allowing mortgage lenders to collect interest



A mortgage contingency is a clause that allows buyers to cancel the contract of the home purchase without penalty and receive a refund of their earnest money deposit if they're unable to secure a mortgage.


Expiration date

Mortgage offers come with an expiry date, meaning that the purchase of your property should be complete before this date passes