As low as
4.49%
fixed rate.
Mortgages on Prince Edward Island
made easy
We're here to help you with residential & commercial mortgages, mortgage renewals, taking out equity, and more!
Free Consultation ➜PEI Mortgage Calculator ➜
Meet The PEI Mortgage Specialists
We make it simple to get the right mortgage for you on PEI!
While a bank only offers the products from their particular institution, the licensed mortgage professionals at PEIMortgage.ca send millions of dollars in mortgage business each year to Canada’s largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Whether you’re purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it’s important that you are making an educated buying decision with professional unbiased advice.
Mike May
Mortgage Agent
Commercial & Residential Mortgages
- mike.may@premieremortgage.ca
- 902-330-2935
Greg Morris
In Memory of Greg, a cherished colleague whose dedication and kindness left a lasting mark. Forever in our hearts.
The next time you’re teeing off, heading out the Charlottetown Harbour for a day on the water or enjoying a really funny story – remember him.
We work with our extensive network of lenders and partners to deliver rates that work for you.
The PEI Mortgage Payment Calculator
Enter your mortgage amount, interest rate, and amortization length.
Current Rates: 6.25% Variable or 5.14% Fixed
We specialize in helping our clients with:
- Residential Mortgages
- Commercial Mortgages
- Refinancing
- Mortgage Renewals
- Mortgage Transfers
- Chip Reverse Mortgages
- Investment Properties
- Vacation & 2nd Homes
- New Construction
- Moving To Canada/PEI
- Cash Back Options
- Bruised Credit
- Self-Employed Options
- Private Lending
We’re dedicated to taking the hassles out of the mortgage process and simplifying your life.
Find the perfect mortgage tailored to your needs.
Free Consultation
We want to hear about what you need from your mortgage.
More Choices
Our team negotiates on your behalf with competitive lenders.
Compare Rates & Options
We make comparison shopping easy with a tailor-made list of lenders who suit your needs.
Pick The Perfect Mortgage
Choose the mortgage that’s best for you from our extensive network of lenders.
10 Reasons To Use PEIMortgage.ca
- Independent financial advice
- Save time with one-stop shopping
- The best rates and terms
- Things move quicker
- No Cost To You
- We negotiate on your behalf
- More choices & more competitive rates
- Special deals and add-ons
- Get Expert Advice
- Ongoing support & consultation
As independent mortgage brokers and mortgage agents, we’re not tied to any one lender or range of products. Our goal is to help you successfully finance your home or property. We will start by getting to know you and your home ownership goals, then we will make a recommendation, drawing from available mortgage products that match your needs, and finally decide together on what’s right for you.
It could take weeks for you to organize appointments with competing mortgage lenders — and we know you’d probably rather spend your time house-hunting! Our mortgage broker team works directly with dozens of lenders, and can quickly narrow down a list of those that suit you best. It makes comparison-shopping fast, easy, and convenient.
Even if you’ve already been pre-approved for a mortgage by your bank or another financial institution, you’re not obliged to stop shopping! Let us investigate to see if there is an alternative to better suit your needs.
Our job isn’t done until your closing date goes smoothly. We’ll help ensure your mortgage transaction takes place on time and to your satisfaction. Institutions would love to have you as a client, which is why they often offer incentives to attract creditworthy customers. These can include retail points programs, discounts on appliances, shopping clubs, and more.
There is absolutely no cost to you for our services on typical residential mortgage transactions. How can we afford to do that? Like many other professional services, such as insurance, mortgage brokers are generally paid a finder’s fee when we introduce trustworthy, dependable customers to a financial institution. These fees are quite standard and nearly industry-wide so that the focus remains on you, the customer.
Many people are uncertain or uncomfortable negotiating mortgages directly with their bank. Brokers negotiate mortgages each and every day on behalf of Canadian homebuyers. You can count on our market knowledge to secure competitive rates and terms that benefit you.
We have access to a network of major lenders in Canada, so your options are extensive. In addition to traditional lenders, we also know what’s being offered by credit unions, trust companies, and other sources. We can also help you take care of other requirements before your closing date, such as sourcing mortgage default insurance if your down payment is less than 20% of the purchase price.
Many financial institutions would love to have you as a client, which is why they often offer incentives to attract creditworthy customers. These can include retail points programs, discounts on appliances, shopping clubs, and more. We do the math on which financing and mortgage insurance offers might be worth your attention so you get the perks you deserve.
When it comes to mortgages, rates, and the housing market, we’ll speak to you in plain language. We can explain the various mortgage terms and conditions so you can choose confidently.
Even once your mortgage is signed and paperwork is complete, we are here if you need any advice on closing details or even future referral needs. We are happy to be of assistance when you need it.
What Our Clients Say
”Dealing with Mike and Greg was an absolute pleasure and they made the entire process so easy!
TimHome Buyer
Contact The PEI Mortgage Specialists
Tell us a little bit about your Prince Edward Island mortgage needs, and one of our team members will follow up with you soon.
