Through advanced analytics, Perch gives you personalized insights to manage your home investments, wherever you are in your real estate journey. When it comes to buying a home, getting a mortgage or financing your next real estate investment, it can feel
Perch is the parent company of Mortgauge Brokerage. Mortgauge is a licensed mortgage brokerage and the exclusive mortgage partner for Perch clients. Mortgauge is licensed in Ontario as a brokerage and can pursue mortgages in other provinces through our broker network.
How are Perch rates lower?
Typically, when your mortgage closes an agent is paid a commission by the lender. So while you as a consumer don’t pay it directly, you indirectly are paying for that commission through higher mortgage rates. Perch uses technology and automation to reduce costs required to conduct business, enabling us to accept reduced commissions from the lender in order to provide you with a lower mortgage rate.
What is a Home Equity Line of Credit (HELOC)?
Some lenders will provide a HELOC along with their mortgage. HELOC’s are essentially like having a regular line of credit, but since it’s secured by your real estate you tend to get a better rate. Here’s an example of how your line of credit limit is determined. Let’s say you own a $500,000 home and the lender is willing to lend up to 65% of the property value ($325,000). However, you only need a $250,000 mortgage. You have the ability to get a $75,000 HELOC along with your mortgage.
Excellent quality service and platform. I'd reached out to a number of Mortgage Brokers and struggled to get a Pre-Qualification prior to our offer submission date. MyPerch gave us this on the same day we submitted all of our documents, were extremely responsive, and helped guide us through the process as first time buyers. Really grateful for all of their help and support.
Ali is a great mortgage advisor. He is patient, knowledgeable, understanding and very responsive. He made himself available to patiently answer many questions and was great at giving the right advice. His support through closing was extremely helpful. We could not have done it without him. We highly recommend ALI HUSSIN to anyone looking to buy a home. Also to use PERCH, a LEGIT digital platform guide that is very helpful in each step of the home buying process.
As a first time home buyer I wasn't all that familiar with how to go about the process of purchasing a home and how to complete the steps involved. Perch had made this process so much easier and stress free for me. Everything on the platform was easy to use and organized in a way that I could see what was completed and what still needed to be done. Being able to log in and check on the status of everything from the comfort of home or anywhere on the go was really convenient. At one point during the process I had already locked in a rate with a lender and rates had dropped afterwards. Alex was quick to reach out and inform me rates had dropped so they would be adjusting my mortgage rate to the new lower rate. If I had any questions, Alex was able to guide me in the right direction. I truly appreciate the professionalism and responsiveness of Alex and the team at Perch!
We used Perch to refinance our property. Ali was our mortgage broker who was honest, knowledgeable and super friendly.
The online platform is way easier to use and navigate for someone with little to no knowledge on mortgages. Perch made our experience easy to follow and choose the best option for us including recommending lawyer.
We highly recommend Ali and his team as they are truly awesome and worked wonders.. .thanks for everything
I used their online tools specifically the mortgage calculator. Great mortgage rates. Nice to have the ability to track the value of my home every month for free
Alex was great to work with, and our experience with Perch was very professional. The tool they use to provide numbers and metrics is quite useful and we were able to capitalize on the equity we've built in our home. I'd recommend Perch to anyone looking to refinance or to get a new mortgage.
Alex helped me with a relatively complicated refinance + new mortgage situation. Alex was extremely responsive and professional throughout the process despite some bumps in the road which Alex handled superbly.
I would highly recommend Perch as the service of choice when it comes to dealing with your most important financial decisions. From day one, I didn't make a call or send an email that wasn't returned within minutes to an hour. Any questions, even sometimes repetitive, were always taken seriously - Alex made sure we were completely informed at every decision point. The web experience also made thing really comfortable and I really appreciated being able to clearly see and identify the steps needed to get to closing.
Perch helped me secure my mortgage as a contractor. It would've taken way more paperwork and time if I didn't have their expertise in this area. Thank you again, Ali. My family couldn't be happier with our home purchase.
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