Lower Your Rates Today!

Canadian lenders bid to get you quick, low-interest

home equity loans & private mortgages

How Rateco Works

  • Private mortgage application

    Fill Out Your Application

    First we need to know all about you and your mortgage needs. How much money are you looking for? What's your current financial position? With so many products and lenders available to us, we know we can find a product that fits you perfectly!

  • Approved private mortgage application

    We Review Your Application

    Next, our licensed Mortgage Agents get in touch to hear it from you directly. They can help determine if you are eligible for a bank loan, a loan from another institution, or are suitable for a Rateco.ca Private Mortgage Lender Auction!

  • Private mortgage lenders competing for your business

    Lenders Bid For Your Mortgage

    If you're suitable for a Private Mortgage, just sit back and watch. Over the next 24 hours, reputable Canadian Private Lenders will bid on your business. You can literally watch as you save money IN REAL-TIME!

  • Select the best private mortgage lender for your personal needs

    Select The Best Deal For You

    Once the Auction closes, you and our Mortgage Agent will review all of the bids and see which one is most suitable for you!

What We Offer

Home Purchase Mortgages

Rateco works with both 'A' and 'B' lenders, as well as private lenders in order to provide financing no matter your credit or employment history. Whether you're a first time home buyer or looking for a second mortgage, Rateco provides you financing up to 95% loan-to-value.

Investment Property Mortgages

Rateco provides investment and rental property financing for both long-term property managers and those looking to generate supplemental income through rental units. Speak with one of our mortgage agents today to get started on obtaining the lowest rates possible for your investment property financing.

Home Equity Loans

Whether you're looking for a home equity line of credit or a second mortgage the Rateco auction ensures you get the best rate as Canadian lenders bid their lowest rates to obtain your loan. Apply online or speak with a Rateco mortgage agent to get started!

Mortgage Refinancing

Rateco offers mortgage refinancing up to 80% loan-to-value. Our proprietary rate auction ensures you get the best rate as lenders bid against one another to refinance your mortgage no matter your credit score. Speak to one of our mortgage experts or apply online today to get started.

Debt Consolidation Loans

Rateco offers various mortgage and loan products to help you consolidate your debts at the best rate. Talk to a Rateco mortgage agent and explore your best course of action in order to take control of your finances today.

The Rateco Advantage

Watch the process in real-time

Watch as your mortgage rates get lower as lenders compete

Weigh Multiple Offers

Compare mortgage rates from various private lenders

No hidden fees

No hidden fees or costs involved in our private mortgages

Total transparency

Trustworthy, honest private mortgage lenders

Certified Canadian Lenders

Certified Canadian private mortgage lenders

Rateco provides financing no matter your personal situation

Mortgages for new Canadians

New to Canada

Mortgages for borrowers with poor credit

Poor credit

Mortgages for self-employed workers


Mortgages for those denied by banks

Denied by banks

About Us

Bringing transparency & competition to Canada’s private mortgage market

At Rateco we aim to put the power back in the borrower’s hands. Our unique auction system helps ensure you receive the best rate on your mortgage at no cost to you.

Making the Canadian housing market more accessible to you

As the Canadian government moved to put the brakes on a housing market that is becoming unaffordable for many Canadians, home-buyers and owners found themselves shut out from working with more traditional lenders, like our 'big 6' banks. Needing mortgage financing, these borrowers have been moving into the private lending market, usually at the advice of their Mortgage Agent. But unlike the prime side of the business, where posted rates are available for borrowers to consider their options, no 'marketplace of rates' exists in private lending - borrowers don't have all the information they need to make informed decisions.

Dedicated to helping you make more informed decisions

That's where Rateco.ca comes in. We want to build transparency, trust and competition into the private lending market and become the obvious choice for borrowers fighting to save their money!

Members of

Financial Services Commission of Ontario
Better Business Bureau Accredited Business
Mortgage Professionals Canada

How much do
you need?