About Cheap Money

Cheap Money Mortgage Solutions has been a proud resource for accessible mortgage products since 1983. With a commitment to equal opportunities, we make lending easy.

For over 35 years, our primary goal has been to help Canadians find cheaper financing opportunities with the most competitive, hassle-free mortgage products in the country.

From Residential to Commercial Real Estate Properties, we specialize in:

  • Refinancing
  • Power of Sales
  • Tax Sales
  • Equity Take Outs
  • Collection and Judgement Payouts

Whether you are a first-time home buyer, self-employed, retired or recovering from financial hardship - we offer tailored solutions to help find the best possible options for your personal and financial needs.

Our Company

Helping Canadians find affordable financing solutions in the Toronto, Whitby and surrounding areas for over 35 years.

At Cheap Money Mortgage Solutions, we understand that looking for financing options can sometimes be a complicated and stressful experience.

With more and more Canadians being shut out by the major lenders, we specialize in dealing with a wide range of financial circumstances, including self-employed professionals, retired seniors, poor credit ratings and/or repeated declines from any of the traditional banks.

Since 1983, our qualified team of dedicated mortgage experts have been committed to finding reliable financing solutions where the big banks say “NO”.

With access to over 100+ banks and lenders, our mission is to provide our clients with the highest quality in lending solutions and financial guidance.

Why Us

Going Above-and-Beyond Your Traditional Lending Options

With a uniquely tailored approach, our mortgage experts offer detail-oriented strategies and industry-leading negotiation skills to help you secure the rates and terms you deserve.

Offering personalized solutions that go above-and-beyond the flexibility of traditional banks, our mortgage products provide the following advantages:

Competitive Rates

At Cheap Money Mortgage Solutions, we are dedicated to helping Canadians lower their cost of borrowing. With access to a large variety of industry-leading lenders, our mortgage experts work on your behalf to negotiate the best rates on the market.

Reliable Options for Poor Credit

We understand that life happens; but that shouldn’t compromise your access to financial solutions! With almost 4 decades of specializing in bad credit and financial hardship scenarios, our goal is to say YES - no matter the circumstances.

Hassle-Free Lending Process

Don’t let the big banks discourage you. With our quick and easy online application process, our 24-hour approvals are designed to help you move forward. If you are struggling to meet your financial obligations, allow our qualified experts to help.

Finding The Best Lending Institution Every Time

Cheap Money has a network of lending institutions and banks that we shop from to help find you the best possible rate, every time. With your specific financial situation and needs in mind, we work to easily find the best lender that works for you; savings you a lot of time and legwork. We will fight for the best rate available, and steer you away from unfavourable loans. Working with Cheap Money means eliminating potential complications, and saving money for your family.

Whether you are in the market for mortgage products or debt consolidation - allow our experts to lower your borrowing expenses without lowering your standards.

Learn More

Preferred Lending Institutions

First National

Our Process

Financial Solutions to Help You Move Forward

When looking for financing with traditional banks and lenders, Canadians are typically placed into one of the following categories:

The Good: Credit Scores Above 680+
- access to lower than prime rates with major banks and financial institutions

The Bad: Credit Scores 600-679
- missed payments on credit cards or loans, maxed or exceeded limit on cards

The Ugly: Credit Scores Below 600
- collections, judgements, power of sale, foreclosure, Revenue Canada lien

Unfortunately, these restrictions create a number of challenges for Canadians that do not fit within the lenders’ qualifying guidelines.

At Cheap Money Mortgage Solutions, we believe that financial opportunities should be easy, realistic and beneficial.

With access to over 100+ banks and private lenders, we are proud to offer 24-hour financing approvals via our user-friendly online application process.