Think savings at think financial


THINK Financial is one of Canada's newest CMHC approved lenders. We provide residential mortgages to Canadians with good credit.   Whether you are a first time home buyer, a seasoned expert or somewhere in between we offer our clients superior rates every day.   On top of great rates you will get a product that actually fits what you need, instead of the one size fits all approach that our competitors use.     

Operating in BC, Alberta, Saskatchewan, Ontario and Nova Scotia, we offer two simple products: The Works is a full featured, flexible mortgage with a great rate and The Skinny is a simplified product with an unbeatable rate. 

THINK Financial staff have handled over 10 thousand client applications over the last 10 years.

THINK Financial products are available exclusively through True North Mortgage.



Why have we chosen to offer our mortgage products exclusively through True North Mortgage?

In order to provide our clients with a better rate.  Supporting a myriad of different mortgage brokerages and mortgage brokers would require us to hire numerous sales representatives and auditors.  This would be costly and would require us to raise our mortgage rates.


What happens if THINK Financial goes bankrupt?

Never has a CMHC approved lender ever gone bankrupt.  The federal government maintains a very high standard for the level of equity and underwriting requirements needed to be an approved lender.  They verify that theses standards are continuously maintained on a regular basis.


What happens if THINK Financial gets bought out?

We have an agreement with each of our clients that lasts for the term of their mortgage.  This can’t be changed by us or anyone purchasing THINK Financial.


Are THINK Financial mortgages “callable”?

No.  “Callable” mortgages in Canada are very rare.


Can I see a sample of your mortgage approval?

Certainly.  We took special care to ensure our mortgage approvals are written in plain language and contain all the information clients need to make their financing decisions.


Do you charge any hidden fees or fees that are not typically charged by other lenders?

No.  In fact, we chose not to charge fees on things other lender do, such as changing your payment schedule.


How does the THINK compound their interest?

Some lenders compound their variable rates on a monthly basis, which means you pay more interest.  With THINK we compound your rate semi-annually which is more beneficial to you


How do our penalties compare to other lenders on our Works variable rates?

Some lenders can charge large penalties depending on when you break the term.  With THINK we only charge you a 3 months interest penalty on our variable products no matter when you break the term


How flexible are we in regards to increasing or lump sum payments on our Works variable rates?

Some lenders don’t allow you to increase your regular payments on their variables, they may also have smaller lump sum options and only allow you to make one lump sum payment per year.  With THINK we allow you the option to increase your payments by 20% and make lump sum payments of up to 20% of the original mortgage amount per year.  You can do this anytime during the year and as many times as you like, just as long as each payment is at least $100 and doesn’t exceed the full 20%