Areas We Serve · Eastern Ontario

Mortgage Broker
Ottawa

★★★★★5.0 · 210+ Google reviews
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Let’s talk Ottawa.

Local expertise

Mortgage Broker in Ottawa

Ottawa’s real estate market runs on its own clock, shaped by government employment, a strong tech sector, and steady population growth. Canadian Mortgage Services has been helping Ontario homeowners since 1988, with over 40 lender options and a straightforward approach that cuts through the complexity.

As Canada’s capital, Ottawa offers stability that few other markets can match. But that doesn’t mean getting a mortgage here is simple. If you’re a federal employee, a tech worker, or a newcomer, the right mortgage strategy starts with the right broker.

The local picture

Ottawa at a glance.

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Average Home Price
~$650,000 (early 2026)
Population
~1,000,000+
Top Neighbourhoods
Westboro (trendy, walkable), Barrhaven (family-friendly), Kanata (tech hub), Orléans (east-end family), The Glebe (established urban)
Commute
OC Transpo and O-Train LRT; Highway 417 (Trans-Canada)

Did You Know?

Ottawa has the world’s largest naturally frozen skating rink. The Rideau Canal Skateway stretches 7.8 kilometres through the heart of the city. The canal is also a UNESCO World Heritage Site.

The CMS difference

Why Ottawa residents work with us.

Ottawa’s diverse economy means diverse borrowers, government employees, tech professionals, military personnel, small business owners. We know how to work with all of them.

Virtual full-service

We serve Ottawa with the same depth and quality as our GTA clients, everything handled remotely.

Government and tech income expertise

We know how to present pensions, performance pay, stock options, and contract income for the best result.

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40+ lender network

We’re not limited to one institution. We find the lender that matches your profile and your property.

We stay involved

From first purchase to retirement, we’re your mortgage team through every transition.

Your Mortgage Options in Ottawa

Ottawa’s market ranges from new family homes in Barrhaven to historic properties in the Glebe. We help you find the financing that fits.

First-time buyers in Ottawa benefit from a more balanced market than Toronto. Homeowners should shop their renewal. We compare across 40+ lenders to make sure you’re not leaving savings on the table.

We find options that the big banks won’t offer, and we do it with zero pressure. That’s been our approach for over 35 years.

Who We Work With in Ottawa

Our clients in Ottawa come from all walks of life. We’ve helped first-time buyers get into their first home with as little as 5% down. We’ve helped self-employed business owners prove their income when banks wouldn’t listen. We’ve helped newcomers to Canada secure financing within months of arriving, and we’ve helped homeowners facing financial difficulty find a way to keep their home through refinancing and debt consolidation.

No matter where you are in your financial journey, we start by listening. Then we build a plan that works, not just for today, but for the years ahead. That’s the advantage of working with a broker who’s been in this business for over 35 years.

Ottawa’s real estate market is one of the most stable in Canada, underpinned by federal government employment, a booming tech sector, and steady population growth. The O-Train LRT has reshaped buying patterns, and suburbs like Barrhaven, Kanata, and Orléans continue to attract families seeking space and value.

What’s Happening in Ottawa Real Estate

Ottawa’s real estate market is one of the most stable in Canada, underpinned by federal government employment, a booming tech sector, and steady population growth. The O-Train LRT has reshaped buying patterns, and suburbs like Barrhaven, Kanata, and Orléans continue to attract families seeking space and value.

If you’re watching the market or ready to move, we help Ottawa buyers and homeowners make decisions based on real data and experienced advice, not speculation.

A bank offers you their products and their rates. A mortgage broker offers you the market. We compare rates, terms, and conditions across more than 40 lenders, including options you won’t find at any single institution. For Ottawa buyers and homeowners, that means better rates, more flexible qualifying criteria, and terms built around your financial reality. Our service is free to you on most residential mortgages. The lender pays our fee.

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Why use a broker instead of a bank?

A bank offers you their products and their rates. A mortgage broker offers you the market. We compare rates, terms, and conditions across more than 40 lenders, including options you won’t find at any single institution. For Ottawa buyers and homeowners, that means better rates, more flexible qualifying criteria, and terms built around your financial reality. Our service is free to you on most residential mortgages. The lender pays our fee.

Full-service brokerage

How we help Ottawa homeowners & buyers.

We offer a full range of mortgage solutions for Ottawa residents. Whatever your situation, there’s a path forward.

First Time Home Buyer

First-time buyers in Ottawa have more options than they realize. We help you work through financing, incentives, and the stress test so you can buy with confidence.

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First & Second Mortgages

From first purchases to second mortgages, we help Ottawa residents find lenders with competitive rates, and terms that actually make sense for where you are financially.

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Bad Credit Mortgage

A rough credit history doesn’t have to hold you back. We work with lenders who evaluate your full financial picture, not just a score, to help Ottawa residents get approved.

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Home Equity Line of Credit (HELOC)

Ottawa homeowners with built-up equity can put it to work. A HELOC gives you flexible access to funds for renovations, investments, or whatever life throws at you.

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Purchases & Refinances

Purchasing or refinancing in Ottawa? We look at your complete financial situation and find a lender that fits, not just the lowest rate, but the right terms.

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Reverse Mortgages

Ottawa homeowners 55 and older can access up to 55% of their home’s value through a reverse mortgage with no monthly payments. We’ll help you evaluate the terms and decide if it fits your retirement plan.

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Power of Sale / Notice of Sale

If you’re a Ottawa homeowner falling behind on payments, don’t wait. We have refinancing solutions that can help you avoid power of sale and keep your home.

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Debt Consolidation

If high-interest debt is eating into your budget, we can help. Ottawa homeowners can roll credit cards and loans into their mortgage for one manageable payment.

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Privately Funded Mortgages

Banks said no? Private lending might be the answer. We connect Ottawa homeowners and buyers with trusted private investors who offer flexible terms.

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Mortgage Pre-Approval

Get pre-approved before you start shopping in Ottawa. We lock in your rate, clarify your budget, and give you a competitive edge.

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Mortgage Renewal

Auto-renewing your Ottawa mortgage? That could cost you. We compare rates across 40+ lenders to make sure your next term is the right one.

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Bridge Financing

Caught between buying and selling in Ottawa? Bridge financing gives you the flexibility to move forward without waiting for your current home to close.

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Mortgage & Financial Counselling

Sometimes you just need someone to lay out your options. We offer Ottawa residents straightforward financial counselling. No sales pitch, just real guidance.

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Real clients · Real reviews

5.0 ★ from 210+ Google reviews.

★★★★★

I had a fantastic experience working with Neil Drepaul. He helped me navigate the entire mortgage process from start to finish with incredible professionalism. What really stood out was his kindness and patience; no matter how many questions I had, he took the time to answer every single one thoroughly.

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Indira Sumair
Posted on Google
★★★★★

It would be an understatement to say that Neil went above and beyond in guiding my family through the journey to homeownership. He was always available to inform, support, and present us with the best options possible.

M
Marc Biglary
Posted on Google
★★★★★

Neil was fantastic, he went above and beyond to help us get our mortgage. He was swift with communication and made the process easy.

A
Angela McEachern
Posted on Google
Nearby

Want to talk mortgages with a team that knows Ottawa like the back of their hand?

Contact us today or call 905-455-5005. No pressure, no obligation — just real answers from a team that’s been helping Ontarians since 1988.

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FAQ

Mortgage Broker Ottawa — your questions.

Q01How much does it cost to buy a home in Ottawa right now?→
As of early 2026, the average home price in Ottawa is around $650,000. That said, prices vary a lot depending on the neighbourhood and property type. A condo or townhome will sit well below that average, while detached homes in popular areas can be higher. We can give you a more specific breakdown based on where you want to buy.
Q02How much do I need for a down payment in Ottawa?→
Based on current average prices in Ottawa, the minimum down payment starts around $40,000. In Canada, homes under $500,000 require 5% down. Between $500,000 and $999,999, it’s 5% on the first $500,000 and 10% on the rest. Over $1 million, you need at least 20%. We help you figure out what works for your budget and which programs can help reduce your upfront costs.
Q03Why should I use a mortgage broker in Ottawa instead of going to my bank?→
A bank only offers its own products. A mortgage broker compares options from 40+ lenders, including banks, credit unions, and alternative lenders, to find the best rate and terms for your situation. There’s no cost to you on most residential mortgages because the lender pays our fee. For Ottawa buyers, this means more options, better rates, and terms that actually fit your financial picture.
Q04What are closing costs when buying a home in Ottawa?→
Budget roughly 1.5% to 4% of your purchase price for closing costs. This covers land transfer tax, legal fees, title insurance, and adjustments. In Ontario, first-time buyers can get a rebate on up to $4,000 of the provincial land transfer tax. Ottawa buyers should also budget for a home inspection and appraisal if required by the lender. We walk you through all of this so there are no surprises.
Q05How long does it take to get approved for a mortgage in Ottawa?→
Pre-approval can happen within 24 to 48 hours once we have your documents. A full mortgage approval after you’ve made an offer on a property typically takes 3 to 5 business days, sometimes faster depending on the lender and how quickly documents come in. We keep the process moving and let you know exactly where things stand at every step.
Q06When does it make sense to refinance my mortgage in Ottawa?→
Refinancing can make sense when you want to access home equity, consolidate high-interest debt, fund renovations, or take advantage of a lower rate. The key is making sure the savings outweigh the costs of breaking your current mortgage. We run the full analysis, including any penalties, legal fees, and the long-term impact, so you can see whether refinancing actually puts you ahead.
Canadian Mortgage Services