Disclaimer

General Disclaimer

The Mortgage Beast (“we,” “us,” or “our”) provides the information, tools, and calculators on themortgagebeast.ca (the “Website”) for general informational and educational purposes only. Nothing on this Website should be construed as financial, mortgage, legal, tax, or investment advice.

Not a Mortgage Broker or Financial Advisor

The Mortgage Beast is not a licensed mortgage broker, mortgage agent, financial advisor, financial institution, or lender. We do not arrange, negotiate, or offer mortgages or any other financial products. We do not receive commissions, referral fees, or any compensation from lenders or financial institutions. Our tools and content exist solely to help Canadians better understand their mortgage options through education and estimation.

Calculator and Tool Accuracy

Our mortgage calculators, affordability estimators, stress test tools, and other interactive features produce estimates based on the information you provide and on standard Canadian mortgage calculation formulas. These estimates are approximations only. Actual mortgage payments, qualification amounts, closing costs, penalties, and other figures will vary based on your specific lender, mortgage product, credit profile, property details, and other factors not captured by our tools.

Mortgage rates displayed on this Website are sourced from publicly available information and may not reflect the rates available to you. Rates change frequently and the rates shown may be outdated by the time you view them.

Government Programs and Regulations

Information about Canadian government programs (such as the First Home Savings Account, Home Buyers’ Plan, First-Time Home Buyer Incentive, and others), tax implications, lending regulations, and eligibility criteria is provided for educational purposes and may not be current or complete. Government programs, rules, and regulations change over time. Always verify current eligibility requirements and program details directly with the relevant government agencies or a qualified professional.

Provincial Variations

Mortgage rules, land transfer taxes, property taxes, and other costs vary by province and territory in Canada. While our tools attempt to account for provincial differences where applicable, they may not capture all regional variations. Users should verify provincial and municipal requirements that apply to their specific situation.

No Warranty

This Website and all content, tools, and services provided on it are offered on an “as is” and “as available” basis without any warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, accuracy, or non-infringement.

Professional Advice

We strongly recommend that you consult with a licensed mortgage broker or agent, financial advisor, accountant, or lawyer before making any mortgage or financial decisions. The information provided on this Website is no substitute for professional advice tailored to your individual circumstances.

Morty the Mascot

Morty is The Mortgage Beast’s mascot character. Morty is a fictional character used for educational and entertainment purposes. Morty is not a licensed mortgage professional and any guidance or commentary attributed to Morty should be understood as simplified educational content, not professional advice.

Contact Us

If you have questions about this Disclaimer, please contact us at contact@themortgagebeast.ca.