Mortgage products
Compare mortgage structures before a lender makes the choice for you.
The mortgage product controls rate behaviour, penalty exposure, qualification path, flexibility, and exit risk. Pragmatic Mortgage Lending helps you compare the structure, not just the headline rate.
Direct answer
Product fit is about risk, flexibility, qualification, and exit.
Fixed, variable, insured, conventional, HELOC, private, second, bridge, reverse, and collateral-charge products solve different problems. The right product is the one that matches the file today and still leaves a workable renewal or exit path.
Rate and payment structure
Choose how the mortgage behaves
For borrowers comparing rate type, payment flexibility, prepayment rules, and portability before signing.
Product
Fixed-rate mortgages
Full guide to fixed-rate mortgages in Canada: payment stability, term selection, IRD penalty risks, prepayment strategies, and when locking in makes sense for your timeline.
Compare product fitProduct
Variable-rate mortgages
Prime-linked mortgage pricing with payment, trigger-rate, and early-exit risk reviewed before you choose.
Compare product fitProduct
Hybrid or split mortgages
Compare hybrid and split mortgages in Canada by fixed-variable allocation, renewal timing, penalty rules, prepayment flexibility, and complexity.
Compare product fitProduct
Open vs closed mortgages
Compare open and closed mortgages in Canada by rate, prepayment flexibility, penalty exposure, and expected timeline.
Compare product fitProduct
Portable mortgages
Plan a Canadian portable mortgage move by comparing lender timing windows, new-property qualification, top-up pricing, and penalty alternatives.
Compare product fitQualification and insurance lane
Match the product to the approval path
For files where down payment size, default insurance, property type, or non-standard lender policy drives the answer.
Product
Insured mortgages
High-ratio mortgage planning for Canadian buyers using less than 20% down, default insurance, and a clear total-cost comparison.
Compare product fitProduct
Conventional mortgages
Understand conventional mortgages in Canada for buyers and homeowners with at least 20% down or equity, including uninsured pricing and flexibility tradeoffs.
Compare product fitProduct
Private mortgages
Short-term mortgage financing for files that need speed, equity-based underwriting, or a clear path back to bank lending.
Compare product fitProduct
Second mortgages
Access home equity behind an existing first mortgage when refinancing, HELOC, or selling is not the cleanest path.
Compare product fitProduct
Specialty mortgage programs
Compare specialty mortgage programs in Canada for newcomer, self-employed, non-traditional income, credit-repair, and alternative-lender files.
Compare product fitEquity and lifecycle tools
Use equity with a clear exit
For homeowners weighing flexible equity, short-term bridge needs, cashback, reverse mortgages, or unusual ownership terms.
Product
HELOC
Use a home equity line of credit in Canada with a clear draw plan, limit strategy, and repayment discipline before equity becomes easy debt.
Compare product fitProduct
Collateral charge mortgages
Understand collateral charge registration, future borrowing flexibility, switching friction, and when a standard charge may be cleaner.
Compare product fitProduct
Bridge financing
Short-term financing for buyers whose purchase closes before the sale proceeds from their current home are available.
Compare product fitProduct
Cashback mortgages
Evaluate Canadian cashback mortgages by comparing move-in cash needs, rate premiums, clawback rules, and total cost over the hold period.
Compare product fitProduct
Reverse mortgages
Retirement-focused home equity access for Canadian homeowners 55+ who want to age in place without required monthly mortgage payments.
Compare product fitProduct
Assumable mortgages
Understand assumable mortgages in Canada, including lender approval, buyer qualification, seller release, equity gaps, and when assumption beats a new mortgage.
Compare product fitSource file
Reviewed product model
Each product guide is code-owned and reviewed for Canadian mortgage intent: who it fits, who it does not fit, costs and risks, useful calculators, source links, and the next service path.