Lender trust signals
Canadian Lender Scorecard
Five sub-scores per lender — rate competitiveness, product breadth, portability, penalty fairness, and prepayment privilege — blended into one overall ranking. Deterministic scoring; you'll see the same results we see.
#1 · Competitive
First National Financial
monoline · 6 active products
76/100
★★★★★
Rate competitiveness
100
Product breadth
50
Portability
83
Penalty fairness
33
Prepayment privilege
96
Strengths
- ✓ Rate competitiveness: Best 5-yr fixed rate in the market (3.94%).
- ✓ Prepayment privilege: Average prepayment privilege of 19.2% across active products.
Weaknesses
- ✗ Penalty fairness: 2/6 active products use the friendlier 3-months-interest penalty (33%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 6 active rates.
#2 · Competitive
MCAP
monoline · 6 active products
75/100
★★★★★
Rate competitiveness
98
Product breadth
50
Portability
83
Penalty fairness
33
Prepayment privilege
92
Strengths
- ✓ Rate competitiveness: Best 5-yr fixed rate in the market (3.94%).
- ✓ Prepayment privilege: Average prepayment privilege of 18.3% across active products.
Weaknesses
- ✗ Penalty fairness: 2/6 active products use the friendlier 3-months-interest penalty (33%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 6 active rates.
#3 · Competitive
Vancity Credit Union
credit union · 5 active products
72/100
★★★★★
Rate competitiveness
98
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Rate competitiveness: 5-yr fixed at 3.99%, 5 bps above market best.
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#4 · Competitive
Meridian Credit Union
credit union · 5 active products
72/100
★★★★★
Rate competitiveness
98
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Rate competitiveness: 5-yr fixed at 3.99%, 5 bps above market best.
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#5 · Standard
TD Canada Trust
bank · 5 active products
69/100
★★★★★
Rate competitiveness
90
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
- ✓ Rate competitiveness: 5-yr fixed at 4.09%, 15 bps above market best.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#6 · Standard
Scotiabank
bank · 6 active products
69/100
★★★★★
Rate competitiveness
82
Product breadth
50
Portability
83
Penalty fairness
33
Prepayment privilege
96
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.2% across active products.
- ✓ Portability: 5/6 active products are portable (83%).
Weaknesses
- ✗ Penalty fairness: 2/6 active products use the friendlier 3-months-interest penalty (33%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 6 active rates.
#7 · Standard
BMO Bank of Montreal
bank · 5 active products
69/100
★★★★★
Rate competitiveness
90
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
- ✓ Rate competitiveness: 5-yr fixed at 4.09%, 15 bps above market best.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#8 · Standard
Royal Bank of Canada
bank · 5 active products
68/100
★★★★★
Rate competitiveness
88
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
- ✓ Rate competitiveness: 5-yr fixed at 4.14%, 20 bps above market best.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#9 · Standard
CIBC
bank · 5 active products
67/100
★★★★★
Rate competitiveness
86
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
- ✓ Rate competitiveness: 5-yr fixed at 4.14%, 20 bps above market best.
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
#10 · Standard
Home Trust
trust · 5 active products
55/100
★★★★★
Rate competitiveness
54
Product breadth
50
Portability
80
Penalty fairness
20
Prepayment privilege
95
Strengths
- ✓ Prepayment privilege: Average prepayment privilege of 19.0% across active products.
- ✓ Portability: 4/5 active products are portable (80%).
Weaknesses
- ✗ Penalty fairness: 1/5 active products use the friendlier 3-months-interest penalty (20%). The rest use IRD.
- ✗ Product breadth: 4 distinct product/term combinations across 5 active rates.
How we score
- Rate competitiveness (40%) — distance from market best for 5-yr fixed + 5-yr variable.
- Penalty fairness (20%) — % of products using the friendlier 3-months-interest vs IRD.
- Product breadth (15%) — unique (type × term) combinations.
- Portability (15%) — % of active products that port to a new property.
- Prepayment privilege (10%) — average annual prepayment allowance.
Data source: live rate_products table. Related: rate comparison tool · 2026 readiness report.
Scores are based on publicly-posted product attributes and live rate-sheet data. Final approval, rate, and product availability depend on a licensed broker's review of your specific profile.