Home Equity Loans!

Canadian lenders bid to get you quick,

low-interest rate home equity loans

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 Purchases

Whether you're in need of a mortgage for your first home, a second-mortgage on your existing home, or a home equity line of credit, Rateco gets lenders to bid against one another for your business - making sure you get the best rate.

Buying An Investment Property

Whether you're looking to invest in a long-term real estate property or generate extra income with a rental unit, Rateco offers financing options to suit your needs.

Home Renovations

Remodeling a bathroom? Finishing a basement? Updating your kitchen? Rateco gets you the renovation financing you need to get that project done.

Mortgage Refinancing

Rateco offers mortgage refinancing no matter your situation. Whether you're looking for a better rate, renovating your home, or consolidating debt, Rateco makes sure you get the best rate.

Major Purchases

Financing a major purchase doesn't have to be a struggle. Weddings, growing your family, buying a new car? Rateco is here to help finance all your needs.

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 icon
Filogix icon
Teranet icon
Equifax icon
Better Business Bureau Accredited Business icon
Mortgage Professionals Canada icon
Purview icon

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