Rates starting from 3.99%
For HomeownersFor Agents

Current Mortgage Rates in Mississauga – Lowest Deals, Always Updated!

We keep our rates competitive. Stay informed with the latest mortgage rates in Mississauga. Currently, rates start from 4.29% for a 5-year fixed term. However, rates can vary based on your financial situation and the type of mortgage you choose.

Mortgage Size

$500,000

Discover your best Mortgage Rate with us! We specialize in finding you the lowest possible rate tailored to your unique situation. Wondering about your eligibility? Factors like your credit score and home equity matter, and we'll guide you through it.

it's quick, free, and commitment-free.

TermRates FromAs Affordable As
1 Year Fixed4.89%
$2120 /mo
2 Year Fixed4.24%
$1965 /mo
3 year fixed4.14%
$1942 /mo
4 year fixed4.19%
$1954 /mo
5 year fixed4.19%
$1954 /mo
5 year Variable4.2%
$1956 /mo
7 year fixed5.15%
$2184 /mo
Note: Rates may vary based on credit, income, and down payment.

Find Out What You Can Afford – In Just 60 Seconds! Book a quick call now and get the best mortgage rates in Mississauga – even with bad credit or a low down payment.

Meet the Best Mortgage Brokers in Mississauga

Finding the right mortgage can be stressful, especially when you deal with banks that offer limited options and complex processes. Our licensed mortgage brokers and agents in Mississauga understand the local market and take time to find the solution that works best for you, not just the one that works for the bank.

Do you know why it’s better to choose a mortgage broker instead of a bank?

Unlike banks that can only offer their products, mortgage brokers have access to dozens of lenders. This means you can compare more rates, more terms, and more flexible options—all in one place.

At LendingHub, we’re more than just brokers—we’re your partners in the home-buying journey. Our licensed mortgage agents take care of everything, from paperwork to negotiations. You won’t have to chase down bank managers or wait days for a callback.

We guide you step-by-step:

  • Quick mortgage pre-approvals
  • Help with down payment options and credit issues
  • Honest advice with no pressure
Need help in Punjabi, Hindi, Urdu, Cantonese, or Mandarin? Our multilingual team makes it easy to understand every part of your mortgage, even if English isn’t your first language. Our trusted mortgage agent in Mississauga offers expert advice, compares multiple lenders, and helps you secure the best mortgage rates

Private & Second Mortgages in Mississauga – Flexible Options When You Need Them Most

Sometimes you need financial flexibility—fast. Whether it’s mounting debts or a big project that can’t wait, a second mortgage or private mortgage can provide a smart solution.

When Is a Second Mortgage the Right Choice?

A 2nd mortgage in Mississauga is a loan you take against the equity in your home, while keeping your first mortgage in place. It’s a smart option when:

  • You don’t want to refinance your main mortgage
  • You need funds quickly
  • Your credit score makes it tough to qualify for a traditional loan

At LendingHub, we help homeowners in Mississauga access their home equity through flexible second mortgage solutions.

Why Consider a Private Mortgage?

Private mortgages are ideal if:

  • You’re self-employed or recently changed jobs
  • You’ve been turned down by the bank
  • You need a short-term solution with quick funding

No matter your reason, LendingHub’s experts will walk you through every option, explain the terms, and secure the lowest mortgage rates in Mississauga.

Feature Private Mortgages Second Mortgages
What is it?A loan from private lenders, not banks.A loan taken out on a home that already has a mortgage.
Who can get it?People with bad credit or urgent needs.Homeowners with enough equity in their home.
How fast is approval?Quick approval, usually within days.Slower than private mortgages, but quicker than banks.
Interest RatesHigher rates due to higher risk.Higher rates than first mortgages, but lower than private loans.
Loan AmountUp to 80% of the home value.Up to 85% of the home value (with first mortgage).
Repayment TimeShort-term (1-3 years).Longer-term (1-10 years).
Credit Score NeededNo strict credit score requirement.Fair credit score needed.
Best forThose needing quick cash or who have low credit.Homeowners wanting extra cash without selling.
Use of FundsFor anything – like debt, renovations, etc.Usually for home improvements or paying debts.
RiskHigher risk for the lender, so higher rates.Slightly lower risk than private mortgages.
Who Offers It?Private lenders, mortgage brokers.Banks, credit unions, or private lenders.

Want to know more? Explore more about Second Mortgage and Private Mortgages solutions.

Start your mortgage journey with a local expert today. We’re available 7 days a week to answer questions and help you move forward with confidence.

Mortgage Solutions for Mississauga’s First-Time Homebuyers

Buying your first home in Mississauga or the GTA? It’s a big step, but you don’t have to do it alone. Our licensed mortgage agents make everything simple, clear, and stress-free.

Low down payment? No problem. You don’t need a massive savings account to get started. Many first-time buyers qualify with as little as 5% down, thanks to CMHC-insured mortgages. We’ll help you understand how insurance works, how much you need, and what programs you can qualify for.

Unlike banks, we search across dozens of lenders to find the best rates and terms. We advocate for your best interest, not the bank’s. Whether your credit is perfect or still growing, we’ll work with you to find a lender who understands your situation.

We take care of the paperwork, explain every detail, and guide you until you get the keys in your hand.

New to home buying? Consult with our Mississauga experts today to get interesting tips to make the right decision.

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Bad Credit? No Problem – Mississauga Mortgages for All Credit Scores

Think you can’t get a mortgage because of bad credit? Think again. At LendingHub, we believe everyone deserves a chance to own a home, no matter their credit score.

Many people in Mississauga get turned away by banks because of past money problems, missed payments, or low credit scores. But that doesn’t mean your homeownership dream is over.

Yes, It’s Possible.

Our team looks beyond just your credit score. We take a full view of your income, home equity, and personal situation to match you with lenders who understand that real life happens.

Getting a bad credit mortgage in Mississauga is possible with our top mortgage broker, who understands your situation. They can connect you with lenders offering flexible terms and fast approvals.

Ready to secure the lowest mortgage rate? Skip the hassle and get the best deal tailored to you. Apply now and start saving today!

Commercial Mortgage Brokers in Mississauga – Financing for Your Next Big Move

Want to grow your business or buy a commercial property in Mississauga? LendingHub can help with smart and flexible mortgage options.

We work with business owners, investors, and developers across the GTA. Whether you’re buying a store, office, warehouse, or industrial space, our expert brokers will guide you from start to finish.

Banks can be slow and have strict rules. We work with many lenders to offer flexible terms and faster approvals. Need a short loan or something long-term? We’ll help you choose what fits your business best.

We do the hard work so you can focus on growing your business. Learn how our Mississauga commercial mortgage solutions can support your business growth—visit the Commercial Mortgage page for full details.

Reverse Mortgages in Mississauga – Retire on Your Terms

Many Mississauga homeowners over 55 feel stuck. You’ve built up equity in your home, but rising costs, medical bills, or limited retirement income make it hard to fully enjoy the life you’ve earned. Downsizing isn’t always ideal, and selling your family home can feel like giving up too much.

We help homeowners unlock the value in their homes through a reverse mortgage—a safe, flexible way to access tax-free cash without selling, moving, or making monthly payments. You stay in your home, keep full ownership, and use the money however you need.

Whether you want to:

  • Boost monthly income in retirement
  • Pay off credit cards or medical expenses
  • Support your children or grandchildren
  • Travel, renovate, or enjoy peace of mind

We turn home equity into real financial freedom—on your terms.

LendingHub is here to guide you every step of the way. Our local Mississauga mortgage experts listen to your goals, explain your options clearly, and connect you with trusted reverse mortgage lenders.

Ready to take control of your retirement? Learn more about Reverse Mortgage today.

Explore your options and get the financial freedom you deserve. Contact us today to learn more and see if a reverse mortgage is right for you!

FAQs – Mississauga Mortgage Questions Answered
Rates change often. We list the latest above. Contact us for today’s best offers.
Look for licensed, trusted brokers. LendingHub has local agents ready to help.
Yes! We work with lenders who understand your situation.
It’s a loan based on your home equity. You keep your first mortgage and use the funds for other needs.
If you’re 55+, a reverse mortgage can help you stay in your home and use your equity without monthly payments.
It depends on the home price. Usually, you need 5% down. We can help calculate your exact needs.
Very fast. In some cases, within 24-48 hours.
You’ll need ID, income proof, credit report, and property details. We’ll guide you step-by-step.
A broker runs the firm and deals with lenders. An agent works under a broker and helps clients like you.
Yes. Refinancing can help you get better rates, lower payments, or access home equity.

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