What is Perch?
Perch is an award-winning tech company that helps you build wealth through real estate. We’re Canada’s most intuitive homeownership platform.
Perch makes the process of buying a home simpler and easier, and helps you save money on your mortgage. Once a homeowner, we enable you to build wealth by maximizing your home equity. (In other words, we help your money make more money. Pretty sweet, right?)
How does Perch help mortgage seekers?
Perch offers free, easy to use tools and calculators to provide you with personalized financial insights. We’ve paired this with a modern platform to guide you through each step of the homeownership journey. In addition, Perch offers:
Pre-approvals in as little as 20 minutes and mortgage approvals in less than 48 hours
Dedicated 1:1 support with a Perch mortgage advisor, 7 days a week
Automated alerts to help you stay on track while applying for a mortgage
Monthly property valuation estimates so you can see what your home is worth
Notifications when there’s an opportunity to save money on your mortgage
On average, we save users $1,500 per year on their mortgage, compared to going with a bank. How much lower are our mortgage rates? Go ahead, see for yourself.
How does Perch make money?
Perch makes money through mortgage commissions. If you choose to get a mortgage with us, as opposed to going through your bank or another mortgage broker, the lender pays us a commission. We only get paid if we successfully close your deal. Note: We don’t accept fees from lenders in exchange for preferential treatment. We only offer mortgages from regulated, trusted Canadian financial institutions. It’s always free to sign up for a Perch account or to use tools and calculators provided by Perch.
Who owns Perch?
Perch is a privately owned company founded in 2018 by Alex Leduc.
Is Perch a mortgage brokerage?
Yes. Perch is a digital mortgage brokerage that’s fully licensed and regulated in Canada.
Is Perch safe to use?
Yes. Perch was founded in 2018 and is headquartered in Toronto, Ontario. We've been featured in major news outlets such as the Toronto Star, Financial Post, CityNews, and BetaKit. We are a proud member of the Canadian Lenders Association, MaRS, and Communitech, and part of the REACH accelerator operated by Second Century Ventures (the strategic investment arm of the National Association of Realtors). Your personal information is protected using AES-256, block-level storage encryption.
What does Perch do with my data?
The information is only used to complete a pre-approval or submit your mortgage application to the lender. Perch does not share any information with other companies without your consent. Please take a moment to review our privacy policy and terms of use if you would like to know more.
Your personal information is protected with AES-256, block-level storage encryption.
Who can sign up for Perch?
Perch is available to any Canadian resident who is looking to buy a home or already owns one. We operate in all provinces and territories, including Quebec.
Is Perch available in Quebec?
Yes. Perch is available to Quebec residents, though our website is currently only in English. If you need assistance in French, please contact us at [email protected].
What kind of mortgages can I get through Perch?
Perch offers a wide range of fixed and variable rate mortgages from 1- to 10-year terms. The most popular products are the 5-year fixed and 5-year variable mortgages. All mortgage options are provided by regulated, trusted Canadian financial institutions.
Which lenders does Perch work with?
Perch works with a wide network of banks, credit unions, B lenders, and private lenders. Here are just some of the lenders we work with:
B2B Bank | ICICI | RFA |
CMLS Financial | Lendwise | RMG Mortgages |
Canadian Western Bank | Manulife | Scotiabank |
DUCA | Marathon Mortgage | Strive Financial |
Equitable Bank | MCAP | TD Bank |
First National | MERIX Financial | XMC Mortgage Corporation |
Home Trust | Radius Financial |
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Can lenders pay for sponsored placement?
No. We don’t accept payment in exchange for preferential lender treatment. We only recommend mortgage options based on what’s best for your financial goals.
Does Perch offer commercial mortgages?
No. We only offer mortgages for residential properties.
Does Perch cost anything?
No. It’s completely free to use Perch tools and calculators, open an account, or speak with one of our mortgage advisors.
Is Perch hiring?
You can view our current job openings here and follow us on LinkedIn for updates on new roles.
Who can I contact if I have more questions?
Feel free to reach out to us at [email protected] or call 1-844-415-8263.