Nuborrow

Nuborrow, Canadian digital mortgage brokerage

Nuborrow is a virtual mortgage brokerage that presents itself as Canadian owned and operated. Its approach focuses on a digital process to apply for, review, and sign a mortgage without visiting an office, with support by phone, email, or text message, even outside regular hours and on weekends.

Mortgage products

The firm's offerings include home equity loans, home equity lines of credit, mortgage refinancing, and renewals. It also offers a "Renewal Shock Calculator" and a tool called Credit IQ. The company states that it works with more than 30 lenders to compare options.

Digital process and credit analysis

The application is completed online and allows documents to be uploaded from anywhere. According to the company, it does not charge application fees. The process includes a digital credit analysis with recommendations to improve your profile and access better terms, a no-cost automated property valuation, and a digital offer that shows how the application fits among different lenders before accepting any proposal.

Nuborrow states that some products are available with a loan below 50% of the home value and with no income or credit requirements, based solely on the equity accumulated in the property, with conditions applying. Every mortgage includes a three-year plan designed to improve the client's financial situation.

Customer care and team

After the mortgage closes, the company assigns each client a dedicated customer care team member. The team is described as fully virtual and available to answer questions at any time. The firm also offers a downloadable mobile app for Android and iOS.

Client profile and ratings

Nuborrow targets first-time home buyers, homeowners looking to refinance, consolidate high-interest debts, or access the equity in their home. The company states it specializes in helping first-time buyers in Canada, with personalized guidance and help understanding government programs.

The site shows an average rating of 4.8 out of 5 on Google with 10,000 reviews, and a 97.6% satisfaction rating given by its clients. Published testimonials highlight the speed of response, the team's service, and the usefulness of the options presented.

Location and contact

9131 Keele St Unit A6/A7 Vaughan, ON L4K0G7