If you have spent time looking for discount mortgage help in Toronto, it is important to note that ‘discount’ as it applies to mortgages is really a misnomer. A mortgage product will never come with a promotional coupon or a buy-one-get-one free offer. Rather, as it relates to mortgages, the term ‘discount’ simply means being able to get the best possible rates for you and your financial situation at the time you apply. Many lenders use the word ‘discount’ as a way to lure in clients by promising the lowest rates, but if you are unaware of how mortgages work, you may not know that the lowest rates are entirely contingent on how good your credit is.

With that in mind, the smartest places online to get discount mortgage help in Toronto may seem a little unconventional at first, but as you read you will find these options educational, motivational and rewarding:

• The Government of Canada website
• The Shop2Save website

Educational!

Along with the Financial Consumer Agency of Canada, the Government of Canada has curated a comprehensive list of resources for those who wish to learn more about mortgages in order to make an informed decision. Topics include how to choose the right mortgage product, how to get prepared and get preapproved, mortgage term and fees, down payment information, as well as how interest rates affect mortgages, what happens if you need to break your mortgage contract and much, much more. You can even use their online calculators to determine if you would qualify for a mortgage right now, and how much your payments will eventually be. Understanding the ins and outs of how mortgages work will enable you to truly determine if you are getting the best rates and terms.

Motivational!

If you are looking for discount mortgage help in Toronto it may be because you feel like you do not have the most sound financial footing. Once you have the chance to explore the Government of Canada website to see how to prepare to get a mortgage you will learn that the best way to securing a mortgage with the best possible rates is to increase your credit score. The information on this page provides easy ways to do this; including the importance of checking your credit report, staying within a budget and how to navigate the mortgage stress test. Hopefully, armed with this information you are now feeling motivated to take action and work towards your goals!

Rewarding!

Once you feel confident enough to shop for mortgages, getting discount mortgage help in Toronto can be further facilitated by the Shop2Save website. Shop2Save is a maverick in online consumer buying and savings platforms. You will quickly see that there are several things that make membership to Shop2Save unique and innovative. First, Shop2Save utilizes the buying power of crowd volume purchasing to give their members discounts on online shopping purchases and cash back rewards for the money they shop with. Secondly, they also have an altruistic aspect that sets them apart from other consumer sites; part of the Shop2Save main mission statement is the pledge to help children’s hospitals all across Canada through regular financial contributions.

Shop2Save not only believes in giving power back to the consumer, but also in transparency. The breakdown of how each dollar generated in revenue by members is allocated in cashback rewards is prominently featured on the website. When a member purchases online with the Shop2Save program, 45% is deposited into members e-wallet account, and then another 5% is dedicated to Canadian Children’s hospitals. Further, there is a referral program that rewards members for inviting friends and family to save. For every dollar generated by a members referrals shopping with Shop2Save, another 5% can be earned. Considering that volume discounts only increase with a larger membership base, it just makes sense.

Shop2Save provides discount mortgage help in Toronto by connecting its members with the leading mortgage company in Canada (Dominion Lending Centres), and rewards them for getting the best possible rates.

Visit Shop2Save today to see how educational, motivational and rewarding shopping for mortgages can be!