Saskatchewan Mortgage Rates
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- These rates are for Prime customers. To qualify, you generally need a good credit score and a steady job.
- The following rates may not be valid for uninsured mortgages.
Saskatchewan at a Glance
Also known as The Breadbasket of Canada, Saskatchewan’s credit unions were the first in Canada to use automated teller machines (ATMs). The Big Five Banks are all present, including RBC, TD, Scotiabank, BMO, and CIBC. Saskatchewan has 39 provincially regulated credit unions, with the largest being Conexus Credit Union. Others include Affinity Credit Union, Innovation Credit Union, Synergy Credit Union, and Cornerstone Credit Union.
The Financial and Consumer Affairs Authority regulates mortgage brokers in Saskatchewan. Mortgage brokers must act in the best interests of the borrower, however, there can be exceptions, such as if the mortgage lender is a private investor such as a private lender. If the mortgage lender is a private investor, the mortgage broker must act in the best interests of the private investor. This includes negotiating and arranging the mortgage, as well as providing advice on the suitability of the mortgage. The broker will have to disclose to the mortgage borrower that they are acting on behalf of the investor.
There are 43 licensed mortgage brokerages and 319 mortgage brokers in Saskatchewan. Some mortgage brokerages include Dominion Lending Centres, Mortgage Alliance, Invis, The Mortgage Group, and Verico Crown Mortgage Services. Others include Blue Pearl Mortgage Group, CCI Mortgages, First Foundation, Focus Mortgage Solutions, and Saskatoon Mortgage Centre.
While we try our best to get you the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.