Business Details
36 Years
experience
Trusted Mortgage Brokers in Saskatoon
Established in 1990, TMG The Mortgage Group has built a reputation as a leading Canadian mortgage brokerage network. Our team of 1,400+ accredited professionals specializes in residential and commercial financing solutions, leveraging extensive industry experience and relationships with top-tier lenders nationwide. We prioritize client education and personalized service, offering a comprehensive range of mortgage products including fixed-rate, variable-rate, and open mortgages, as well as secured lines of credit.Our digital mortgage approval process and commitment to competitive rates reflect our dedication to innovation and client satisfaction. As an award-winning brokerage, we maintain rigorous professional standards while providing transparent, client-focused financial solutions tailored to individual needs.
Services
Fixed-rate mortgages
Variable-rate mortgages
Mortgage refinancing
Mortgage renewal
Secured line of credit
Details
- Year established: 1990
Highlights and features
- 1,400+ qualified mortgage professionals in our national network
- Established industry leader since 1990 with proven expertise
- Access to competitive rates through multiple lender partnerships
- Digital mortgage approval streamlines the application process
- Client-focused approach with personalized financing solutions
Services
Fixed-rate mortgages
Fixed-rate mortgages provide stable interest rates for terms between 6 months and 10 years. These mortgages allow predictable budgeting with principal and interest payments remaining constant throughout the term. Lenders typically permit annual pre-payments of 10-25% of the original balance while maintaining penalty structures for full early repayment. This option suits homeowners seeking financial predictability and long-term stability.
Variable-rate mortgages
Variable-rate mortgages track the Bank Prime Rate with terms ranging from 1 to 5 years. These products offer lower initial rates compared to fixed options, with payment structures that either fluctuate directly or remain fixed while interest rates adjust. Ideal for borrowers comfortable with rate volatility, this mortgage type provides flexibility to capitalize on decreasing interest rate environments while maintaining contractual lender terms.
Open mortgages
Open mortgages allow penalty-free prepayment of some or all principal at any time. These products feature prime-linked interest rates that typically exceed closed mortgage rates. Designed for borrowers expecting significant financial changes or those planning to sell properties within short timeframes, they provide maximum payment flexibility at the cost of higher interest rates compared to conventional mortgage products.
Secured line of credit
Secured lines of credit leverage home equity for flexible borrowing. These products feature prime-based interest rates with interest-only minimum payments, offering cash flow advantages for homeowners. Available alongside traditional mortgages when sufficient equity exists, they provide accessible financing for renovations, debt consolidation, or investment opportunities while maintaining lower rates compared to unsecured credit options.
Questions
What mortgage types do you offer?
We provide fixed-rate, variable-rate, open mortgages, and secured lines of credit with terms ranging from 6 months to 10 years.
How can I apply for a mortgage?
Apply online through our digital mortgage approval system or contact our Saskatoon office directly for personalized assistance with your application process.
Do you offer mortgage renewal services?
Yes, we simplify mortgage renewals by reviewing your options and guiding you through the process to find optimal rate and term combinations.
Can I refinance my existing mortgage?
We specialize in mortgage refinancing solutions to help homeowners access equity, reduce payments, or consolidate debt through strategic refinancing options.
What are your business hours?
Our Saskatoon office maintains standard business hours Monday-Friday, with after-hours consultations available by appointment.
How do you get competitive rates?
Our national brokerage network and relationships with multiple lenders allow us to access exclusive rates typically lower than advertised bank rates.
