We offer the most competitive rates in the country to our clients and are committed to working with you to get you the lowest rate possible.
Peace of mind from rate hikes
Upon approval you will receive a 120 day rate lock, but it doesn’t stop there. We also proactively ensure you get the lowest possible rate that we can offer you within that time period if rates drop.
Our team of experienced mortgage experts will work closely with our clients to conduct a discovery call and understand their unique financial situation. This allows us to tailor a mortgage solution that meets our client’s needs and goals.
We pride ourselves on providing a seamless and efficient mortgage process all completed in the comfort of your home online, ensuring an easy and convenient experience for all our clients.
How it works
Just click on 'Get started' located at the top right of our webpage to launch your application. With an easy-to-use online platform, you can start your home financing journey in less than 10 minutes.
Safely upload your identification and relevant supporting documents via our secure customer portal. This helps us understand your financial capabilities and tailor the best solutions for you.
Get ready to make your housing dreams come true. Our skilled mortgage advisors will guide you through the optimal choices tailored to your specific financing requirements.
Congratulations, you've reached the final step of the mortgage process! This is where all the remaining paperwork gets signed and your mortgage funds are released.
For more detailed insights, our blog section is a treasure trove of resources. You'll find articles on everything from understanding mortgage terminology to tips on saving for a down payment and market updates. The more you know, the better prepared you'll be when it comes to making the big decision of buying or refinancing a home.
Your mortgage rate is more than just a figure; it's the heartbeat of your home loan's cost. Even a minor fluctuation in rates can have a significant impact on your finances over the loan's life. That's why comparing offerings from Marathon and direct lenders like Pine is a smart financial strategy.
Private Lenders vs. Direct Lenders
While private lenders like Marathon Mortgage offer a comprehensive suite of loan products and are known for their reliability, it's important to consider the potential benefits of direct lenders like Pine. These entities often operate with leaner structures, which can translate into more favorable rates for consumers. Expanding your horizons to include direct lenders in your rate comparison could unlock significant financial advantages.
Marathon's Fixed-Rate Mortgages: A Beacon of Predictability
Predictable Payments for a Stable Future
Choosing a fixed-rate mortgage with Marathon means your interest rate is set in stone, making it easier to plan your finances. This option is ideal for those who value a predictable payment schedule in a fluctuating economic landscape.
Selecting the Right Term for You
Marathon offers a variety of term lengths for their fixed-rate mortgages, giving you the flexibility to choose a term that matches your long-term goals, whether that's laying down roots or keeping your options open for the future.
A Competitive Edge?
Marathon's rates are competitive, but it's always wise to compare them with other lenders like Pine. A simple online check can reveal how Marathon's rates stack up against the market.
Locking in Your Rate
Marathon allows you to lock in a rate for a certain period, providing stability while you search for the perfect home.
With Marathon's variable-rate mortgages, your interest rate can change with market conditions. This can be beneficial when rates are on the decline, but it's important to stay aware of market trends.
Starting Off on the Right Foot
Variable rates often start lower than fixed rates, which could mean immediate savings. This is particularly enticing if you're anticipating a period of stable or falling interest rates.
The Flexibility to Adapt
Marathon is known for its flexibility. Should the market's fluctuations become unsettling, they provide the option to switch to a fixed rate, offering a safeguard against unpredictable interest rates.
Weighing Risks and Rewards
Variable rates can be advantageous, but they also come with uncertainty. It's important to consider whether a variable rate aligns with your financial plan, particularly if you have fixed financial commitments.
Marathon Mortgage's 5-Year Fixed Rate: Your Financial Anchor
The Charm of the 5-Year Stretch
The 5-year mortgage term holds a special place in the hearts of Canadian homeowners. It strikes a perfect balance between a stable interest rate and a time frame that's not too long to manage. This period is often accompanied by attractive rates, adding to its popularity.
Steadfast Rates, Serene Minds
Marathon Mortgage's 5-year fixed rate mortgage brings stability to the forefront. Lock in your rate, and enjoy the same payment month after month, providing you with a financial roadmap for the next five years.
Rate Competitiveness: A Closer Look
Marathon Mortgage's rates are designed to be competitive, but it's always a smart strategy to shop around. Direct lenders like Pine, operating without the traditional banking model, may offer rates that are even more appealing from time to time.
Marathon Mortgage's 5-Year Variable Rate: The Path Less Traveled
The Lure of Initial Savings
Choosing Marathon's 5-year variable rate mortgage could mean lower payments at the outset compared to fixed-rate options. However, it's important to stay vigilant as variable rates dance to the tune of the financial markets.
Keeping an Eye on Market Moods
If you're considering a variable rate, remember that your rate can change with the market's pulse. Sometimes, even if your payment doesn't change, more of it may go towards interest rather than your principal, affecting your equity growth.
Switching Lanes When Needed
Marathon Mortgage values flexibility. Should the market's waves become too rough, they provide the option to switch to a fixed rate during your term, offering a safety net against market storms.
Weighing the Variable Rate Voyage
Variable rates are for those who can navigate financial fluctuations. They may look good on paper, but the reality of their ups and downs requires a certain financial bravery.
Unraveling Mortgage Rates in Canada
The Essence of Mortgage Rates
Think of mortgage rates as the cost of financing your home purchase. In Canada, this typically means a 25-year repayment plan, with the 5-year term being a particularly common and appealing choice.
The Fixed vs. Variable Rate Drama
The Canadian mortgage scene features two main characters: fixed and variable rates. Fixed rates stand their ground regardless of market conditions, while variable rates move with the economic tides.
In Canada, borrowers may face the mortgage stress test, designed to ensure you can handle a potential increase in rates. It's like financial training to make sure you're ready for whatever the market throws your way.