Residential mortgage fee estimates.
Estimate brokerage and lender fees on Residential Prime, Alternative (B), Reverse, and Private files in BC & AB. Honest ranges, every quote in writing.
Use the slider for a quick range, or type your exact amount above (up to $999M).
Commercial or construction file? Use the commercial financing fees calculator →
Case Studies — files like this
Anonymized case studies from our files. Names and identifying details removed.
- Case study · Residential / AlternativeStated Income From Their Own Engineering Firm: An Alternative Lender Financed a Move to a Surrey Condo at 80%Business owners moving from Calgary bought a Surrey condo at 80% in 2022 through an alternative lender's stated-income program, about $490,000 at 5.84% on a five-year adjustable term, on income of about $150,000 from their own corporation.Read the file →
- Case study · Residential / PrimeTwo New Jobs and the Child Benefit: A Major Bank's Insured Mortgage Bought a Family Condo in Coquitlam at About 94%With both spouses in new jobs, a married couple with two children bought a Coquitlam condo at about 94% in 2022 with a major Canadian bank's insured mortgage, about $600,000 plus the premium at 4.45% on a five-year adjustable term, the child benefit counted.Read the file →
- Case study · Residential / PrimeA Leasehold Title and an Income That Jumped Year to Year: A Major Bank Financed a First Home Near SFU in Burnaby at 80%A single first-time buyer on a two-year income average of about $210,000 bought a new leasehold condo near Simon Fraser University in Burnaby at 80% in 2022 with a major Canadian bank, a mortgage of about $520,000 at 5.15% on a five-year variable term.Read the file →
Residential Mortgage Financing Fees, Explained
Most borrowers in British Columbia and Alberta do not pay us a brokerage fee on Residential Prime or Reverse Mortgages because the lender pays us directly.
Alternative (B) residential files may include a brokerage fee because lenders often pay only partial compensation, and private residential files typically include one because these lenders usually do not pay broker commission at all.
Below are the typical fee ranges we quote, in plain numbers, with no hidden costs. Minimums apply on smaller files (brokerage from $2,500 on residential; private residential lender fees from about $2,500) — the percentages take over as amounts grow.
Residential Fees
- (A) Prime: Brokerage 0% · No lender fee
- Reverse Mortgage: Brokerage 0% · No lender fee
- (B) Alternative: Brokerage 1%–2% · Lender 1%–2%
- Private: Brokerage 1%–2% · Lender 1%–3%
Why we publish our residential fees
Mortgage Guru Financial is led by Ramin Hallaji, a British Columbia & Alberta licensed mortgage broker with Dominion Lending Centres specializing in Complex Residential, Commercial, Construction and Private files, including reverse mortgages and self-employed borrowers. We publish honest fee ranges because clients deserve to know what a deal actually costs before they pick up the phone. Every quote is delivered in writing, with full disclosure, before you sign anything.
Compassionate fee consideration
We make special consideration for delicate situations and charge a lower fee whenever possible, sometimes no financing fee at all if possible, for single parents, survivors of abuse, people living with disabilities or chronic illness, recently separated or widowed clients, families in financial distress with limited funds, seniors on fixed income, newcomers and refugees, and others navigating hardship.
If your situation is sensitive, please tell us. We will do our best to make it work.
Fee questions, straight answers
Do British Columbia and Alberta mortgage brokers charge a fee on Residential Prime mortgages?+
No. On Residential Prime and Reverse Mortgage deals across British Columbia and Alberta the lender pays the broker, so there is zero fee to the client.
What is the typical financing fee on a Residential Alternative (B) mortgage in British Columbia or Alberta?+
Brokerage fees on Residential Alternative (B) files in British Columbia and Alberta typically range from 1% to 2% of the mortgage amount, plus a lender fee of 1% to 2%. Minimums apply on smaller files: brokerage from $2,500 residential.
How much does a Private mortgage financing fee cost?+
Private residential brokerage fees are typically 1% to 2% of the mortgage amount, with private lender fees ranging from 1% to 3% — both with minimums around $2,500 on residential files.
Every calculator here is built on published Canadian government rules and lender methodology, and was last checked for accuracy on October 18, 2026 — the arithmetic re-verified and every page re-read on screen. Rates and thresholds change — we confirm the current numbers for your file before you rely on them.