Need a private mortgage?
LenderBidding places your file in front of 45+ of the biggest Licensed Private Lenders in Canada.
They Bid to Win Your Deal. Secure Ultra-low Rates. And Save 2-3x on Broker Fees*
Experience LenderBidding’s Innovative Silent Auction Advantage.
Connect Now
The avergage mortgage agent charges 2% - 3%, we only charge 0.99%
45+ Lenders compete for your business – now YOU ARE IN CONTROL
Our platform uses the latest AI and tech to create a stress-free experience
LenderBidding was created to ensure you are taking steps forward, not backwards
Our entire process is 100% online with a personal touch. Our goal is to get your mortgage processed quickly and seamlessly. Gone are the coffee shop meetings, countless phone calls and meetings at your home or a broker’s office.
Our salaried mortgage professionals care about closing deals, not about how much they are making per deal. This changes the way they help clients. Their focus is to make sure YOU are getting the best deal, not that they are making the highest commission.
0.99 %
Lenders compete to provide best rates
Immediate access to 45+ lenders
Receive up to 10+ offers within 4-6 hours
Higher Fees
1.5 % - 3 %
Higher Rates
Typically 2- 3% higher
Most agents typically rely on 2-3 private lenders
(that often incentivize them)
Time
Can take 2-3 days with limited offers
One single submission reaches all lenders
Only licensed & vetted lenders
Fully disclosed terms upfront
Expert & experienced mortgage professionals
Agent must submit individually to each lender
Agent may use individual, questionable lenders
Often agents doesn't disclose full terms, penalties, etc.
Many agents often lack knowledge when re: privates mortgages
Direct access to lender - no co-brokers
Entire transaction done online
We supervise the entire transaction from start to finish
Reasonable legal fees from our lenders
Agents often rely on co-brokers, increasing fees
Long in-person or phone meetings
and don't follow up with lawyers, etc.
Expensive Legal Fees that are often only disclosed at the last minute
Call 1-800-985-9043 or email help@lenderbidding.com to connect with a LenderBidding Team Member Now
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