About Lendwise
What Is Lendwise?
Founded in 2005, Lendwise, also known as MERIX Financial, has provided residential mortgages to over 200,000 Canadians from coast-to-coast. With over $29 billion in funded mortgages, Lendwise focuses on helping Canadians from all walks of life realize the dream of homeownership.
The Difference Between Lendwise and a Bank
The simple answer: mortgage rates from Lendwise are often much better than those from your local bank.
Lendwise only deals in mortgages. They have much less overhead expenses to factor into their rate offers, like marketing and sales team salaries through branch offices. Their efficiencies translate to a lower cost of origination - a.k.a. they can offer you lower mortgage rates from these savings.
Obtaining A Mortgage With Lendwise
Lendwise does not work directly with consumers. They rely on mortgage brokers and mortgage solutions like nesto to distribute their mortgages. Simply put, Lendwise works exclusively with mortgage brokers.
Let’s Get Started!
Nesto Inc. Ontario #13044; Québec H1999. Nesto does not favor any financial institution in comparing rates for users – rates are ordered from lowest to highest, regardless of the financial institution. Nesto is not endorsed or sponsored by any of the financial institutions present on its website. The rate comparison tool is not meant to replace advice from mortgage professionals. Users are encouraged to review their options with Nesto’s licensed mortgage professionals.
*On approved credit and subject to change without notice
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