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Mortgage Squad Advisors
Desjardins logo Desjardins · Credit union

Desjardins mortgage rates — and how to beat the posted rate.

Desjardins’s broker-channel rate is typically 15-30 bps below the rate you’d see walking into a branch. We access it as an FSRA-licensed brokerage — and compare it against 100+ lenders so you get the best fit, not just one bank’s sheet.

Rates as of Jun 16, 2026 · source: live network feed. Personalized rate depends on your file. O.A.C.
Lender type
Credit union
Headquarters
Lévis, QC
Established
1900
Products
5+ types
5-year fixed
3.94%
Best in our network
5-year variable
3.60%
Best in our network
3-year fixed
3.84%
Best in our network
Desjardins rates across terms — broker-channel best
Term
Type
Rate
APR
7-year fixed
Fixed
4.44%
4.44%
Apply
Broker-channel best per term. Your file sets the final rate. O.A.C.

How Desjardins’s broker-channel pricing works

Most Canadian lenders, Desjardins included, run two rate sheets: a posted/branch rate quoted to walk-in customers, and a wholesale broker-channel rate offered through licensed mortgage brokers. The broker rate is usually 15-30 bps lower because the broker handles origination, document collection and file packaging — work the lender would otherwise pay branch staff to do.

You can’t access the broker rate by walking into a Desjardins branch — only a licensed brokerage can submit to their broker desk. We do exactly that, then put the same file in front of 100+ other lenders so Desjardins’s offer is benchmarked against the whole market. On a $600,000 mortgage, 20 bps is roughly $1,200 a year in interest — real money over a 5-year term.

Where Desjardins is strong
  • Quebec market dominance
  • Cooperative ownership model
  • Bilingual French service
  • Standard A-lender
Products Desjardins funds
PurchaseRenewalRefinanceHELOCInvestment
Full Desjardins reviewBest 5-yr fixed Full live boardPayment calculator

Desjardins mortgage rates — FAQ

What are Desjardins's mortgage rates today?
Lenders run two rate sheets — the posted/branch rate and the broker-channel rate. As an FSRA-licensed brokerage we access Desjardins's broker-channel pricing, typically 15-30 bps below their posted rate. Your exact rate depends on your file (income, credit, LTV, property).
What's the difference between Desjardins's posted rate and the broker rate?
The posted (or "special offer") rate is what you see advertised or quoted in a branch. The broker-channel rate is the wholesale pricing Desjardins offers through licensed brokers — usually 15-30 bps lower because the broker does the origination work. You can only access it through a broker; we submit your file directly to Desjardins's broker desk.
Is Desjardins a good mortgage lender?
Canada's largest financial cooperative and Quebec's dominant retail lender. Provincially regulated in Quebec; competitive A-lender residential pricing with strong Quebec presence. Operates across Canada via Desjardins Ontario Credit Union.
Can I get a lower rate than Desjardins's rate?
Sometimes. Desjardins is strong for certain files, but another of our 100+ lenders may price your specific situation better. We compare Desjardins against the whole network on one application — you get Desjardins's best and the market's best, then choose.
Can I switch to Desjardins at renewal?
Yes — switching to Desjardins at maturity is usually penalty-free, and a straight transfer often skips the stress test. We handle the paperwork and confirm Desjardins's renewal/switch pricing against the rest of the market so you don't auto-renew at a higher rate.
Does Desjardins offer rate holds?
Yes — like all major Canadian lenders, Desjardins offers rate holds (typically 90-120 days) for pre-approved borrowers. We can submit your file to Desjardins for a real underwritten pre-approval.
How do I apply for a Desjardins mortgage?
Through a licensed broker you reach Desjardins's broker channel directly. Start a no-obligation application with Mortgage Squad Advisors (FSRA #13737) and we'll submit to Desjardins — and compare it against the rest of the network — with no bureau pull to begin.

Get Desjardins’s best rate — and 100+ others.

One application, no bureau pull to begin. We submit to Desjardins and shop the whole network for your file.

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