Homewise brings the entire mortgage application process online, making it faster, less stressful, and more transparent. Whether you're looking for a pre-approval, refinance, or to switch lenders, Homewise can help you save money and find the best mortgage for you.
Homewise offers personal help, over the phone or through email, and shop around over 30 banks and lenders to find you the best deal.
What you get with Homewise
Here's what Homewise has to offer.Verified on September 9, 2025
Why You Want It
$250 GeniusCash + Get the best mortgage rate with your personal advisor + Easily close online.Special Features
- Personal advisor will help you get approved
- Can help people who are self-employed or have bad credit find mortgages
- Works with the Habitat for Humanity charitable organization
Eligibility
- Canadian citizen or resident of Canada
Provinces
AB, BC, MB, NB, NL, NS, NT, NU, ON, PE, SK, YT
Features
# Of Lenders
30+
Pre-approval
Instant Quotes
New Mortgage
Refinance
Switch Lenders
Personal Support
Online Support
Phone Support
Text Support
Fees?
0
Our rating for Homewise: 0.8 stars
Homewise scores well for making the whole process of searching for a mortgage easy, fast, and transparent. You can fill out an application quickly, and usually get a response faster than you would from your regular bank. And since the whole process happens online, you never even have to leave the house.
Rating methodology
To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.
Learn more about our rating methodology.
What's good about Homewise
If you're hoping to buy a new home soon, Homewise is one of the easiest ways to get started.
Pros
Get $250 GeniusCash when you fund your mortgage
If you're on the hunt for a new mortgage, comparing multiple lenders is important. And with Homewise, you can compare over 30 all in one place. The best part? If you create your account through the moneyGenius offers page and fund your mortgage, you'll get $250 GeniusCash just for doing your homework.
Easy online application process
You can fill out a Homewise application completely online, and the whole process is completely digital. While they advertise that you can fill the application out in 5 minutes...budget a little more time than that. There are lots of steps involved, and it might take you longer than expected.
Faster responses than traditional banks and lenders
In several Homewise reviews, users claim that Homewise was able to help them get a mortgage approval significantly more quickly than they were able to get a mortgage through their bank. Why wait weeks to find out whether you're approved or not, when Homewise can help you find out in a matter of days?
Get the best mortgage for you from over 30 different lenders
Homewise searches for the best mortgage for you from over 30 different lenders, including both traditional banks and private lenders. This can save you an enormous amount of time and money over trying to do all of this research yourself.
Works for new mortgages, refinancing, or switching lenders
Whether you're looking for a new mortgage, refinancing your old mortgage, or looking to switch lenders, Homewise can help.
Top of the line support with a human touch
Once you send in your Homewise application, you'll be paired with a Homewise advisor, who can help you through the process of finding, applying for, and being approved for a mortgage. They'll take care of all the complicated paperwork, and can be contacted online, by phone, or by text. Best of all...this service is entirely free.
What to watch out for with Homewise
There are a few things to keep in mind with Homewise, as well.
Cons
Application process requires a LOT of personal information
Make no mistake, if you're applying for a mortgage, lenders want to know basically everything there is to know about you. The application asks for your name, age, birthdate, marital status, income, employment status, employer, and more. This is going to be the case regardless of where you apply for a mortgage, but some people may be more comfortable sharing this sort of detailed personal information with their regular bank than with an online 3rd party service.
No face to face support available
Many traditional mortgage lenders and mortgage brokers have physical offices and only serve a fairly limited local area. For some, being able to go into an office and actually talk to someone in person is going to be preferable to simply interacting with someone online or speaking on the phone.
A credit check is required when you apply for a mortgage
When you apply for a mortgage, you will be subjected to a credit check. There's no way around this, of course, particularly since mortgages are such a huge amount of money, but just be aware that it's going to happen eventually, one way or another. That said, you won't be subjected to a credit check when you're filling out the first Homewise application, only once you speak with an advisor.
Best alternatives to Homewise
Wondering how Homewise stacks up to the competition?
 |  |  | |
|---|---|---|---|
| Account | Homewise | Breezeful Mortgages | Pine |
| Genius Rating | |||
| Why You Want It | $250 GeniusCash + Get the best mortgage rate with your personal advisor + Easily close online. | Compare offers from 100+ lenders + Work with a dedicated mortgage expert. | Apply entirely online + Get some of the lowest advertised mortgage rates. |
| # Of Lenders | 30+ | 100+ | See Issuer for Details |
| Pre-approval | | | |
| Instant Quotes | | | |
| New Mortgage | | | |
| Refinance | | | |
Show More | |||
| I Want This Deal See more Homewise products Compare | Learn More See more Breezeful products Compare | See rates & details See more Pine products Compare |
Homewise frequently asked questions
Is Homewise a reputable company?
Homewise is a leading-edge fintech company founded in 2018 and headquartered in Toronto, Ontario. They have received multiple rounds of investment funding and are a well known Canadian startup. They have helped a large number of people save money on their mortgages, and, from what we've seen, they've received generally positive reviews.
What is Homewise?
Homewise offers a modern digital mortgage solution, reducing the stress and complexity of finding a mortgage with the best rate and that works for you. You can start the process by filling out their online application, and they'll reach out to get the process started.
Is Homewise a good idea?
Homewise can be a good option for people who want to shop around. Mortgage brokers usually net you a lower or similar rate to a big bank, with more personalized support.
Who owns Homewise?
Homewise isn't owned by anyone – they're an independent fintech startup in Toronto that has secured several rounds of funding that covers their current growth and expenses. You can read more about what Homewise has to offer here.
Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.
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