RFA Mortgage Corporation · Monoline lenderRFA Mortgage Corporation mortgage rates — and how to beat the posted rate.
RFA Mortgage Corporation’s broker rate is typically 15-30 bps below the rate you’d see walking into a branch. We compare it against 100+ lenders so you get the best fit, not one bank’s sheet.
What are RFA Mortgage Corporation’s mortgage rates?
RFA Mortgage Corporation isn’t posting every term on our board. Where it isn’t, the card shows the best in our network.
- Lender type
- Monoline lender
- Headquarters
- Toronto, ON
- Established
- 1969
- Products
- 5+ types
RFA Mortgage Corporation rates by term
How does RFA Mortgage Corporation’s broker pricing work?
RFA Mortgage Corporation has two rate sheets: a posted rate for branch customers and a lower broker rate, usually 15-30 bps lower. Only a licensed brokerage can get the broker rate. On a $600,000 mortgage, 20 bps is about $1,200 a year.
Why RFA Mortgage Corporation's broker rate is lower, and what RFA Mortgage Corporation does well
Most Canadian lenders, RFA Mortgage Corporation 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 an RFA Mortgage Corporation 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 RFA Mortgage Corporation’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.
- Prime A-lender pricing
- Specialty BFS + alt-A access
- RFA Capital private debt
- Investor-friendly underwriting
RFA Mortgage Corporation mortgage rates — FAQ
What are RFA Mortgage Corporation'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 RFA Mortgage Corporation'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 RFA Mortgage Corporation'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 RFA Mortgage Corporation 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 RFA Mortgage Corporation's broker desk.
Is RFA Mortgage Corporation a good mortgage lender?
Strong broker-channel monoline with competitive insured + insurable rates. RFA Capital (the parent) also runs alt-A and private-debt arms, giving them a multi-tier product set under one corporate umbrella.
Can I get a lower rate than RFA Mortgage Corporation's rate?
Sometimes. RFA Mortgage Corporation is strong for certain files, but another of our 100+ lenders may price your specific situation better. We compare RFA Mortgage Corporation against the whole network on one application — you get RFA Mortgage Corporation's best and the market's best, then choose.
Can I switch to RFA Mortgage Corporation at renewal?
Yes — switching to RFA Mortgage Corporation at maturity is usually penalty-free, and a straight transfer (same balance, same amortization) skips the stress test. We handle the paperwork and confirm RFA Mortgage Corporation's renewal/switch pricing against the rest of the market so you don't auto-renew at a higher rate.
Does RFA Mortgage Corporation offer rate holds?
Yes — like all major Canadian lenders, RFA Mortgage Corporation offers rate holds (typically 90-120 days) for pre-approved borrowers. We can submit your file to RFA Mortgage Corporation for a real underwritten pre-approval.
How do I apply for an RFA Mortgage Corporation mortgage?
Through a licensed broker you reach RFA Mortgage Corporation's broker channel directly. Start a no-obligation application with Mortgage Squad Advisors (FSRA #13737) and we'll submit to RFA Mortgage Corporation — and compare it against the rest of the network — with no bureau pull to begin.
Get RFA Mortgage Corporation’s best rate — and 100+ others.
One application, no credit pull to begin. We submit to RFA Mortgage Corporation and shop the whole network for your file.
Bring us a written offer from a big bank. We’ll try to beat it. If we can’t, we pay you $500. Conditions apply. See the conditions