Homewise is a full-service digital mortgage service that searches the market of 30+ banks and lenders to find clients the best mortgage. Homewise acts as a broker in the process, advising clients at each step.
Products Offered
$50K - $10M
Varies
1 - 10 Years
Mortgage
Conditions & Rates
Interest rate Varies – they work to find the best rate Amount$50,000 – Unlimited Term Varies
Eligibility & Documents
Who is eligible
- Canadian resident
- Over 18 years of age
What you need to provide
- Government ID
- Mortgage statement
- Property assessment
- Complete online application
Repayment & Issuance
How fast can you get the money Within 2 weeks Funding method Direct Deposit How does repayment work Weekly, bi-weekly or monthly payments from bank account
Contact information
Frequently Asked Questions About Homewise
What is Homewise?
What Products and Services Does Homewise Offer?
Homewise offers mortgage loans, including Pre-approvals, purchase approval, refinance, switch and HELOC's. Focused on the A. B and private space.
What Is the Interest Rate on a Homewise Loan?
Homewise scans the market to find clients the best interest rate at all times. Searching through Big Banks, Credit Unions and Monoline lenders.
How to Qualify for a Homewise mortgage?
To qualify for a Homewise mortgage, you'll have to be over 18 years of age, and apply on their website, meeting lender qualifications.
How Does Loan Repayment Work at Homewise?
Homewise will work to find the best options for your unique profile. Whether it's weekly or bi-weekly, as well as which prepayment options are preferred to repay you remortgage more quickly.
WWhat Kind of Customer Support Does Homewise Offer?
All Homewise clients are set up with a personal Homewise Advisor.
Is Homewise Safe?
Yes, Homewise is a Canadian licensed brokerage, whose team has over 75 years of combined experience. They have their FSCO/FSRA license to work across Canada (except Quebec). Tens of thousands of Canadians have used Homewise.
How Much Can I Borrow from Homewise?
Based on qualification, Homewise's lenders allow for a minimum of $50,000 loan and upwards of millions.
What Is the Term Length for a Homewise Loan?
Homewise provides all of the standard loan terms for its mortgages. You can choose the one that works best for you. Homewise offers 1-5 year terms, as well as 7 and 10. Further, Homewise offers Fixed and Variable rate mortgages.
Can I Apply Online for a Homewise mortgage?
Homewise applications are taken online! Which means you can apply online on their site in 5 minutes.
Which Provinces Is Homewise Available in?
Homewise offers its services across Canada, except Quebec.
What are Homewise's Working Hours?
Homewise is available online 24/7 and offers support services around the clock where necessary. Initial calls are generally Monday-Friday between 8:30AM - 6:00PM EST.
Homewise Reviews
Avg. Rating: 4.9 (7 reviews)
July 15, 2020
“I loved how Homewise was fast and automated, but still provided me with great personal support and answered all my questions. Well done!”
July 15, 2020
“I was referred to Homewise by my financial advisor and had an awesome experience. I applied while sitting on my couch and was on the phone with Vince by lunchtime.”
July 15, 2020
“They helped me with the purchase of my first home and I couldn't be happier. Since I can't see anybody in person (during COVID), I thought I would have trouble with finding someone to help with my mortgage, but the Homewise team was great & didn't skip a beat. ...”
October 1, 2020
“I worked with my bank in the past for a mortgage and it was a really bad experience. I felt that they hid things from me. I then contacted a mortgage broker and they really didn't help me, it was just as bad. Homewise was the opposite. The online process was so fas...”
May 23, 2025
“Very smooth process. I got matched with a great lender through Homewise.”
May 23, 2025
“Solid digital experience. Loved the dashboard and real-time updates.”
May 23, 2025
“Homewise made mortgage shopping easy. I found a great rate with no stress.”