“I’VE NEVER HEARD OF THAT LENDER BEFORE…”
- johnathanmcquoid
- Jan 18
- 2 min read
If you’ve ever worked with an independent mortgage professional, you’ve likely seen lender names you didn’t recognize — and wondered if they’re safe.
Good news: yes, they are.
And in today’s ever-changing mortgage landscape, having access to multiple lenders is more important than ever.
Here’s what you need to know 👇
🏦 Why haven’t you heard of some lenders?
Because many of the best mortgage lenders don’t advertise to the public.
You won’t see them on billboards or TV — because:
✔️ they don’t offer chequing or savings accounts
✔️ they don’t need branches
✔️ they rely on mortgage brokers for clients
This keeps their costs low and their mortgage products more competitive.
🔒 Are these lenders safe?
Absolutely.
All lenders accessible through mortgage professionals are:
✔️ regulated in Canada
✔️ financially secure
✔️ governed by the same rules as major banks
And remember…
You have their money — they don’t have yours.
🔁 What if the lender gets bought or merges?
This happens often, but for you it’s:
✔️ business as usual
✔️ same rate
✔️ same terms
✔️ same payment
Your mortgage contract stays exactly the same.
🏚️ What if the lender stops lending or shuts down?
This is handled the same way as a sale or merger.
Your active mortgage terms stay intact.
When your term ends, we simply move you to another lender — which we would review anyway.
📍 Why don’t these lenders have branches?
Because they don’t need to.
Instead of spending millions on physical locations, they focus on:
✔️ better rates
✔️ better flexibility
✔️ better features
All support happens by phone or email — simple and efficient.
💡 Do they offer better products?
YES — depending on what you need.
Different lenders offer different advantages:
✔️ some accept child tax benefits
✔️ some are better for self-employed
✔️ some allow faster pre-payments
✔️ some offer better portability
✔️ some are best for rentals or retirees
Big banks don’t customize as much, and often have stricter rules.
This is why brokers exist — to match you with the perfect lender, not just one option.
💬 Final Thought
It doesn’t matter whether you’ve heard of a lender before.
What matters is:
✔️ the rate
✔️ the terms
✔️ the penalties
✔️ the flexibility
✔️ the fit
If you want to compare lenders and see which one is truly best for your situation, message The Frontline Mortgage Group today. We’ll walk you through every option — clearly and confidently. 💬