How Much Can I Afford?

There’s no point shopping for a house unless you can actually get a mortgage.

The qualification process is largely based on your credit profile and debt-to-income ratios. Lenders have different underwriting guidelines that will impact how much you can afford and at what rate. Find out how much you can afford in a matter of seconds with our Affordability Calculator

Banks vs Brokers

Banks only have access to their own mortgage products.

Brokers have access to a multitude of products and lenders. This allows us to match your deal with the lender that is best suited with your borrowing profile and goals, in the most timely manner and at the best rate.

Restricted vs Full-Feature

Restricted Mortgages typically have lower rates than full feature mortgages.

Why? Because they’re restricted. Restrictions include, but are not limited to, the following: not portable, massive pre-payment penalties, not blendable, no or little pre-payment options, no way to exit mortgage without a bona fide sale of property, etc.

Fixed vs Variable

A Fixed Rate means that your interest rate remains the same throughout the term of the mortgage.

A Variable Rate implies that your rate and payment can change throughout your term. Your borrowing profile, risk tolerance and economic conditions will determine which is a better fit.

Reviews

"These guys are extremely good. Best rates out there and very reliable."

These guys are extremely good. Best rates out there and very reliable.

Andrew Rozdale, Vancouver

"I'm in the process of setting up my third mortgage with Jeff and Spin!"

I’m in the process of setting up my third mortgage with Jeff and Spin. It’s always been a smooth process with good advice along the way and, most importantly, the best rates I’ve seen. Thanks, guys!

Alexander Martin, Vancouver

"Easy going and great to work with."

Easy going and great to work with. Thanks for being patient and for helping with the purchase of my first home without a realtor!

Emmie Pich, Calgary

"Jeff and the crew has been nothing but a great help and are extremely fast!"

I got in touch with these guys a few months back and Jeff and the crew has been nothing but a great help and are extremely fast at responding to any concerns and questions I had. They also had the lowest rates on mortgages and I did not find the terms anymore restrictive than ones from the banks. I would highly recommend these guys!

Joe Goh, Vancouver

"Spin Mortgage was an awesome mortgage company to deal with."

Spin Mortgage was an awesome mortgage company to deal with. Jeff has been our mortgage broker for a few years now and it’s always a pleasure dealing with him and team. They were prompt, efficient and reliable. As first time buyers, it can be very intimidating and confusing, but Jeff made us understand what we needed to do to prepare us during the application process. Now that we’ve sold and bought another new home they’ve helped us again with getting us the best rate and ensuring we have everything in order prior to our closing date. We recommend Spin to all our friends and family and highly recommend to anyone looking for the best rate and mortgage team.

Daniela St, Vancouver

"We've used Spin Mortgage twice in 2 years and they've been awesome! "

We’ve used the services of Spin Mortgage twice in 2 years and they’ve been awesome! Jeff is really great at getting you the best rate and makes the process really easy, even if you are not from Vancouver. We closed on two mortgages and we live in Calgary. Every time someone mentions “mortgage” I let them know about Jeff and Spin.

Ahmed Iqbal, Vancouver

"Jeff and his team secured my wife and I an excellent rate."

Jeff and his team secured my wife and I an excellent rate. Jeff was always available to answer any of our questions and made the purchase process seamless. I would recommend Spin Mortgage to all of my Family and Friends.

Alan Cosgrave, Vancouver

"It was a pleasure working with Jeff and Simon on my mortgage. "

It was a pleasure working with Jeff and Simon on my mortgage. They were a great helper on getting the best rates for my mortgages – they really know the mortgage world and are able to find/offer a solution that best suits my needs.

Heddy, Vancouver

" I refer all my clients to Jeff Mark and his team at SPIN mortgage!"

I have been working as a Realtor and real estate Broker for nearly ten years. I refer all of my buying clients to Jeff Mark and his team at SPIN mortgage. In addition, I trust them with all of my personal mortgage servicing needs. Years ago, the team coached me on the importance of mortgage flexibility and that there were many considerations beyond the interest rate. This flexibility has put me in a position to pay off my mortgage in half the time of the original amortization. If you are looking to purchase a new home or refinance, I can confidently recommend SPIN.

Jeff Jackson, Calgary

"As a top selling Realtor, I can attest that Jeff, Steve and the team at Spin Mortgage are the best in the business."

As a top selling Realtor, I can attest that Jeff, Steve and the team at Spin Mortgage are the best in the business. You can trust that you are getting the best rates, great advice, fastest response and amazing customer service. They are the #1 broker I recommend to my clients.

Neal Sikkes, Vancouver

"Spin took care of all of our needs throughout our home purchase and the service was extraordinary!"

The team at Spin Mortgage took care of all of our needs throughout our home purchase and the service was extraordinary! During the whole process, they walked us through every step, making sure we had a good understanding of everything. We could tell that they always had our best interest and that the options they offered were based on their understanding of our needs. The guidance provided made it a very comfortable experience and made us confident about all of our decisions. They were organized and always checked up on us to make sure that everything was completed ahead of time. Communication with them was exceptional, they were very responsive and clear. I would not be considering anyone else for my mortgage and have been recommending them to all of my family and friends!

Lauren Tang, Calgary

"Thank you, Spin Mortgage for giving me the ability to buy a house!"

Thank you, Spin Mortgage for giving me the ability to buy a house! I heard of these folks through a friend of mine. I jumped through the hoops the banks gave me and still did not get their better rates. Spin told me what the current best rates available were and what I was able to get with my finances, no BS. You have nothing to lose by giving these guys a try. From my experience, they were straight forward, easy to deal with, and best of all honest. A personal shout out to Simon Cheng for being awesome to deal with. Highly recommended! Thank you, Spin!

Alphonsus To, Vancouver

"Everything went smoothly and easily - almost on automatic. We got a great rate, too boot."

We chose Spin based on a stellar recommendation from a good friend, and we’re glad we followed his suggestion. The service is great and because they focus on doing business on-line (email, website, etc.) and by phone, it saved on having to get around town to make appointments or do paperwork. We did everything electronically and on-line. Everything went smoothly and easily – almost on automatic. We got a great rate, too boot.

Sean V., Vancouver

" Steve and Simon, made it a breeze on my application and approval from start to end."

This was my first purchase for a condo and I was entirely new to how mortgage works. Steve and Simon, made it a breeze on my application and approval from start to end. Their after hour prompt response and guidance was fabulous. I would not know how everything would of worked without them. I would refer anyone I know that requires a mortgage to go to them. When I didn’t know what my next steps were after my mortgage completion, they guided me, e-mailed my lawyers, and reassured me. Prompt and helpful! And takes the extra mile for their clients! Cheers! And thank you again!

Jackson L, Vancouver

"Fast, Accurate, Courteous, Knowledgeable and Result Oriented. Best guys around to help you handle the financial monster. "

Fast, Accurate, Courteous, Knowledgeable and Result Oriented. Best guys around to help you handle the financial monster.

jeffcloutiertru c, Victoria

"Knowledgeable and friendly with the best rates. Highly recommend. "

Knowledgeable and friendly with the best rates. Highly recommend.

Angela Tam, Vancouver

"I will recommend these guys without any reservation."

While shopping around for rates when my mortgage came for renewal, I was referred to Spin Mortgage. Although they were able to offer better rates than what I was quoted by my bank, they advised that I renew through the bank. Reason being that the initial mortgage was a collateral mortgage and there would be additional legal costs involved. To see such transparency and the idea of putting clients interest ahead of ones own and enforcing it, was refreshing. I will recommend these guys without any reservation. Not only will they provide the best rates and service, they will also keep your interest foremost.

Anand Ramnath, Calgary

"Jeff and Steve are incredibly knowledgeable and responded to any questions or concerns promptly."

Spin Mortgage helped us with 2 out of 3 mortgages. I would absolutely recommend them to anyone. Jeff and Steve are incredibly knowledgeable and responded to any questions or concerns promptly. They were super professional and had excellent contacts with various lenders to help us secure the best rates both times. I will hands down use them for every mortgage in the future!

Laura Knebel, Vancouver

"Great service and the best rate by far of any lenders/brokers I talked to."

Great service and the best rate by far of any lenders/brokers I talked to.

Blain Fairbairn, Calgary

"Jeff and his team were great to deal with prompt, courteous service and excellent advice!"

Jeff and his team were great to deal with prompt, courteous service and excellent advice. We also got a great mortgage (rate and terms) with minimal time invested. I would definitely recommend Spin Mortgage to friends and family.

Mary Thiess, Victoria