Canadian Mortgage App

Canadian Mortgage App is a mobile app built by Bendigi Technologies, a Toronto technology company. It started as a simple tool for working out what a home purchase really costs.

What Canadian Mortgage App offers

• Payment calculators — monthly payments and affordability.
• Rate checks — compares mortgage rate options.
• Pre-qualification — a quick view of borrowing chances.
• Stress test — checks whether a buyer would qualify under the federal rules.
• Land transfer tax calculator — estimates closing costs.
• Refinance analysis — compares renewal and refinancing choices.

Who it works with

Home buyers and owners, as well as mortgage brokers and real estate professionals. The app connects users with brokers listed on it.

Key facts

• Based in: Toronto, Canada
• Company: Bendigi Technologies
• Security: compliance monitoring through Drata
• Users: over one million, according to its site