Your Edmonton
mortgage broker.
Headquartered on Calgary Trail in south Edmonton, we know this market — its neighbourhoods, its builders, its quirks. Get a personalized Edmonton mortgage quote in under 60 seconds.
- Local Edmonton expertise
- No fees, ever
- Licensed Alberta brokers
Get Your Free Estimate
A specialist will review your numbers and email your estimate within 5–10 minutes.
We never pull your credit for this estimate. Your information is never shared or sold. For more information, please refer to our Privacy Policy.
Tell us a bit more
This helps us understand where you're at so we can match you with the right options.
What's your down payment situation?
Choose the option that best matches what you have saved or available.
We never pull your credit for this estimate. Your information is never shared or sold. For more information, please refer to our Privacy Policy.
When are you looking to buy?
This helps us tailor our follow-up to your timeline.
We never pull your credit for this estimate. Your information is never shared or sold. For more information, please refer to our Privacy Policy.
Your Income & Debts
Complete all fields and we'll calculate your result instantly.
Please complete all fields above.
We never pull your credit for this estimate. Your information is never shared or sold. For more information, please refer to our Privacy Policy.
Where should we send your results?
Your estimate will be calculated and sent shortly.
Please complete all fields above.
We DO NOT pull your credit. Your information is used only to reach out to you. No portion is shared with any third party. For more information, please refer to our Privacy Policy.
We'll be in touch shortly to discuss your options. Check your email for a copy of your results.
You're all set!
We've received your information and will be in touch shortly to discuss your edmonton mortgage options.
The Skip the Down Payment program — and any mortgage with less than 20% down — requires solid credit history. Here's what good credit looks like and how to build it.
If you don't have any credit history yet, start with secured Visas from Scotia Bank and Home Trust — they're easier to approve for and a great first step. You can track your score for free at www.equifax.ca.
Down payment ranges and what credit you'll need
- 0–4% down: excellent credit, score above 680
- 5–9% down: score of 620+, no late payments or collections in the last 2 years
- 10–19% down: score of 580+, no recent late payments or collections
- 20%+ down: multiple lenders available depending on your interest rate tolerance
Tips to bump up your credit score
- If you've missed payments, try to open or maintain three credit accounts with perfect repayment going forward. (Student loans don't count.)
- Re-establishing payment history typically takes:
- ~12 months for one missed payment
- 2–3 years for 60- or 90-day late payments
- 3+ years for written-off debts (excluding minor collections like cell phone bills)
- Consumer proposals and orderly payment of debt are treated like a bankruptcy for mortgage purposes — wait times are significantly longer.
- Keep credit utilization low. Utilization is the ratio of balance to total credit limit. 30% or under is ideal.
- If you plan to purchase a home within 24 months, do not finance a vehicle purchase — the high utilization of that debt will reduce your score and your mortgage approval chances.
Why closing cards can hurt you
Say you have these accounts:
| Account | Limit | Balance |
|---|---|---|
| Credit Card A | $15,000 | $0 |
| Credit Card B | $10,000 | $0 |
| Credit Card C | $5,000 | $4,000 |
| Loan (orig. $20,000) | $20,000 | $17,000 |
Total utilization: $21,000 balance ÷ $50,000 total limit = 42% — that's healthy.
Now close Cards A and B (because you don't use them). New utilization: $21,000 ÷ $25,000 = 84% — that's bad. Your credit score could drop 50 points overnight.
Edmonton mortgages, simply explained
Edmonton is one of the most accessible major-city housing markets in Canada. Average detached prices sit roughly half what you’d pay in Toronto or Vancouver, while incomes—especially in the energy, government, healthcare, and trades sectors—are among the strongest per-capita in the country. The result: better affordability ratios than anywhere else among Canada’s big cities.
We’re an Edmonton brokerage. Our office is on Calgary Trail in south Edmonton; we live here, we know the builders in the new-build communities, and we’ve placed mortgages in every neighbourhood from Glenora to Lewis Estates to Riverbend.
Edmonton by the numbers
Market data approximate; sourced from CREB / RAE / public real estate listings. Updated periodically.
Where our Edmonton clients buy
We've helped clients fund mortgages in just about every neighborhood in Edmonton. A few of the areas we see most often:
The typical Edmonton buyer
Edmonton buyers split roughly into four big groups: government/healthcare workers (Provincial Government, Alberta Health Services, the City of Edmonton), trades and energy workers (industrial/construction in Nisku, Acheson, Sherwood Park), education and university folks (UofA, MacEwan, NorQuest), and entrepreneurs/small-business owners across the city.
First-time buyers in Edmonton typically purchase between $325K and $475K, often a townhouse or starter detached in the south or southwest. Move-up buyers usually move toward Riverbend, Terwillegar, or the southwest new-build communities (Windermere, Glenridding, Lewis Estates) when they’re ready for $600K-$800K territory.
Investor activity in Edmonton has historically been strong because rental yields here are among the best in Canadian metros—landlords routinely see gross yields of 6-8% on starter detached and townhomes, vs 3-4% in Toronto or Vancouver.
Why Edmonton is a strong place to buy
No land transfer tax
Alberta’s biggest hidden advantage. A $500K purchase in Toronto would mean ~$12,000 of LTT; in Edmonton, $0. Across a typical career of 3-4 home moves, this saves Albertans tens of thousands of dollars.
Strong builder network
Edmonton’s new-build market is large and competitive. Major builders include Brookfield, Coventry, Cantiro, Sterling, Hopewell, and Jayman. We’ve worked with most of them and understand their progress-draw timing, deposit structures, and quirks.
Reasonable property taxes
Edmonton property tax bills are meaningfully lower than Calgary’s and dramatically lower than what you’d pay in BC or Ontario. Budget around 0.95-1.05% of assessed value annually.
Affordable starter detached
Edmonton remains one of the few major Canadian cities where a household with $90K+ income can comfortably afford a detached starter home. The math just works here.
What makes mortgaging here different
New-build progress draws
Most Edmonton new-build deals are sold conditional on financing, with a final mortgage funded only at completion. We coordinate the conditional approval, walk the inspection schedule, and time the funding so you don’t miss a possession date.
Acreages and rural-residential
Edmonton-area buyers frequently look at acreage properties in Strathcona County, Parkland County, and Sturgeon County. These are workable but require specialty lenders—major banks usually cap at 5 acres and want full-service rural utilities. We work with lenders who fund larger acreages.
Condo financing nuances
Edmonton’s downtown and Whyte Ave condo markets have a few buildings that lenders treat carefully (older complexes with high condo fees, or insurance issues post-fire/flood claims). Before you make an offer on a condo, send us the building name and we’ll tell you if there are funding flags we know about.