Today’s Mortgage Rates updated as of October 14, 2025 1:39 am
5-year fixed*
5-year Variable*
*Insured loans. Other conditions apply. Rate in effect as of today.
At Citadel Mortgages, we understand that life transitions come with both emotional and financial pressure. Whether you’re selling your home, going through a separation, self-employed, or supporting your kids’ homeownership goals—our payment-free mortgage solution powered by Fraction is here to help.
This unique solution allows you to unlock up to 70% of your home’s equity—without making any monthly payments. That’s right: zero payments during the term. Use the funds now, regain your financial footing, and make your next move on your timeline.
Whether you’re a first-time homebuyer, refinancing, or renewing your mortgage, understanding current trends and available options helps you make informed financial decisions.
Mortgage brokers play a pivotal role in helping Canadians find tailored financing options, providing expert advice, and navigating the often complex mortgage market.
For more detailed information on mortgage types, costs, and rights, consult the Government of Canada – Financial Consumer Agency of Canada (FCAC).
Skip the burden of private loan payments while staying in your home. Use your equity without rushing to sell or refinance.
Redirect funds toward paying down high-interest credit cards or loans. Strengthen your credit score to qualify for better rates on your next mortgage.
Private lending often comes with high fees, steep rates, and heavy monthly obligations. This solution offers flexibility, affordability, and patience—without compromise.
Learn more about today’s best mortgage rates in Canada.
Pay off high-interest debt like credit cards or lines of credit by leveraging your home equity with no monthly payments. A simple, property-backed way to reduce financial stress and improve cash flow.
Waiting for the right offer? Fraction gives you upfront equity so you can maintain your lifestyle and wait out the market without panic-selling or settling for less.
Access home equity to buy out a spouse or divide assets fairly—without having to sell immediately. Stay in the home, keep kids stable, and reduce stress during difficult life changes.
Qualifying for traditional financing with fluctuating income can be tough. Use Fraction to unlock equity and reinvest in your business or manage personal finances—with no income verification required.
Facing a jump in your monthly payments at renewal? Replace or reduce your debt load with a Fraction loan instead of refinancing into higher rates. Stay liquid and protect your portfolio.
Help your children enter the housing market by gifting funds from your own equity—without needing to refinance, downsize, or stress about repayment.
✅ Ontario
✅ British Columbia
✅ Alberta
(Eligible for urban and suburban properties only)
Sellers waiting for the best offer
Divorcing spouses seeking fair asset division
Parents helping kids buy homes
Self-employed borrowers needing capital
Homeowners facing mortgage renewals
Anyone wanting equity access without monthly payments
🏦 Up to 70% Loan-to-Value (LTV)
💰 No Monthly Payments Required
🔓 Fully Open After 3 Months
🏠 Use on primary, non-primary, or rental homes
📆 Terms from 1 to 5 years
🚫 No Minimum Credit Score Required
📍 Available in ON, BC, AB
Yes. You maintain ownership while using a portion of your equity.
No. This is a specialized product designed to be more flexible and affordable than traditional private lending.
Your mortgage is repaid from the proceeds of your sale.
Yes. There is no minimum credit score, and traditional income verification is not required.
Life doesn’t always follow a perfect timeline—and neither should your mortgage. Whether you’re navigating a major life change, waiting for the right buyer, or simply need financial breathing room, the Payment-Free Mortgage from Citadel Mortgages offers a smarter, more compassionate solution.
With no monthly payments, up to 70% LTV, and flexible approval, this program empowers you to take control of your future without sacrificing your present. It’s not just a mortgage—it’s a bridge to stability, opportunity, and peace of mind.
At Citadel Mortgages, we believe in mortgage solutions that work for real people with real goals. If you’re ready to unlock your home’s equity with confidence and clarity, we’re here to help—every step of the way.
At Citadel Mortgages, we pride ourselves on offering expert, client-focused mortgage solutions that stand out in the industry. Here’s why you should choose us:
Our mortgage brokers are licensed and certified across multiple provinces, providing exceptional advice and service tailored to your unique needs. Our mortgage brokers are committed to delivering the highest standards of professionalism and expertise.
Unlike traditional commission-based models, our mortgage agents are evaluated based on client satisfaction and the quality of their advice. This ensures that you receive impartial guidance on the best mortgage options for your situation.
Citadel Mortgages offers competitive rates that help you save money over the life of your mortgage. Our team works diligently to find the most favorable terms to suit your financial goals.
We are dedicated to transforming the mortgage industry by offering a transparent, seamless process. Our 100% digital platform ensures that you can manage your mortgage application from start to finish with ease and confidence.
At Citadel Mortgages, our mission is to provide a positive, empowering, and transparent property financing experience. We simplify the mortgage process to make it as straightforward and stress-free as possible.
For personalized advice and the best mortgage rates in Toronto, contact our licensed and knowledgeable mortgage experts at Citadel Mortgages.