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Cheap Money Mortgage Solutions is an independent mortgage brokerage that has proudly served the Toronto, Whitby and surrounding areas since 1983. From mortgage products and equity loans to power of sale and debt consolidation, our team of qualified mortgage experts are pleased to provide tailored solutions to affordable financing.

Whether you are self-employed or recovering from financial hardship, Cheap Money is here to alleviate the pressure when the big banks won't help. While millions of Canadians have been shut out by the major lenders, we understand the complexities of day-to-day life. If you are having trouble purchasing property, acquiring a loan, consolidating debt or refinancing your mortgage - allow our experts to help!
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Cheap Money Mortgage Solutions has been a proud resource for accessible mortgage products since 1983. With a commitment to equal opportunities, we make lending easy. For over 35 years, our primary goal has been to help Canadians find cheaper financing opportunities with the most competitive, hassle-free mortgage products in the country.
You've been through the banks "disapproval process" as so many other Canadians have and we know it was discouraging. A self-employed mortgage loan with Cheap Money might actually have a lower interest rate than the banks will offer in your circumstance. When creditors are hounding you and you have to make a decision, a home equity loan or line of credit can be a wonderful solution.
You've been through the banks "disapproval process" as so many other Canadians have and we know it was discouraging. But with Cheap Money our goal is to say yes and provide you with a quick and workable solution. A second mortgage is a popular solution where you can utilize the equity on your home to access further financing to spend as you please.
When creditors are hounding you and you have to make a decision, a home equity loan or line of credit can be a wonderful solution. Your bank probably turned you down for "credit risk." Yet the credit check they just performed actually lowered your credit score even more. That turn down has just worked against you.
The real estate market is strong and vacant land is in very short supply. Land can be a worthy short term or long term investment strategy. Banks consider vacant property a big risk and their extensive red tape makes them unpleasant to deal with. Turn to other financing and you could save on your financing costs.
Reviews (2)
Mike Robertson
Mike Robertson
Feb 21, 2021
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Scott help me get my first mortgage over 15 years ago and I have been with him ever since.
The rate he got me was lower than any published rate I could find and my own bank wouldn’t match the rate that CheapMoney provided.
Great people who work fast to secure you with the best rates possible. Highly recommend to anyone looking for a mortgage.
Dave Hyder
Dave Hyder
Nov 28, 2018
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I found the Turnedaway.ca website while looking for a solution to my credit problems and I am glad I did! I got a home equity loan fast and was able to avoid being sued by a collection agency that had been hounding me for 2 months. Not proud to say I was in a situation like this but glad there are still decent people who are willing to show some understanding when things aren't going in your favor.