Ready to Secure Your Projects

Hyppopothèque, your mortgage broker affiliated with Planiprêt dedicated to offering tailored solutions for all your real estate projects.

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Personalized Solutions for Every Project

Our Mortgage Services

At Hyppopothèque, we understand that each real estate project is unique. That’s why we offer a range of customized services to meet your specific needs. Whether you’re a first-time buyer, a homeowner looking to refinance, or a builder, we guide you every step of the way to maximize your financial options and help you achieve your real estate ambitions.

Home Purchase
Your first step towards ownership

Discover how to obtain quick pre-approval and choose the best financing to realize your real estate dream, with expert support at every stage.

Mortgage Refinancing
Optimize your current loan

Refinancing allows you to reduce your payments, free up equity, or consolidate your debts under a single mortgage. We guide you to find the best solution.

Home Construction
Finance your project from A to Z

Do you want to build your dream home? Whether it’s a self-build project or with a builder, we offer financing solutions tailored to your needs.

Mortgage Renewal
Optimize your loan at each term

Renewal is an opportunity to review your loan and negotiate a better rate. We help you prepare your renewal to optimize your conditions.

Why Choose Hyppopothèque ?

With a personalized approach, transparent advice, and support at every step, we help you find the best mortgage solution tailored to your needs and financial goals.

Personalized Approach

We understand that each project is unique and offer solutions tailored to your needs.

Transparent Advice

You benefit from our expertise to make the best financial decisions.

Partnerships with Top Lenders

Access exclusive offers to maximize your savings.

Turnkey
Service

From pre-approval to signing, we support you at every stage of your real estate project.

Michaël Carrier
Your Mortgage Broker

I am Michaël, a passionate mortgage broker with over 5 years of experience. My goal is simple: to offer you personalized solutions for your real estate projects, whether it’s buying, refinancing, or renewing your loan.

Why Choose Me?

With a transparent, honest approach focused on your needs, I guide you every step of the way to maximize your financial options and save you money.

FAQ

A mortgage is a loan granted by a financial institution for the purchase of a property. In exchange, the property serves as collateral until the loan is fully repaid.

Fixed Rate : The interest rate remains the same throughout the term, offering predictability and stability.
Variable Rate : The interest rate fluctuates with the market, which can positively or negatively impact loan repayment over time.

For an owner-occupied property:

5 % of the purchase price for homes under $500,000.
10 % for the portion exceeding $500,000.

For a rental property: Typically 20 to 25% of the purchase price.

Mortgage security is a legal right granted to the financial institution over the property until the mortgage is repaid. It allows the bank to take possession of the property in case of borrower default.

Short Term (1-3 years) : Ideal if you plan to refinance or sell the property in the short term.

However, a discussion with your mortgage broker is advisable to assess your situation.

Long Term (5 years or more) : Suitable if you prefer payment stability over the long term.

Again, consulting with your mortgage broker is recommended to evaluate your situation.

Notary fees.
Pre-purchase inspection.
Professional appraisal, if applicable.
Mortgage insurance (if the down payment is less than 20%).
Municipal and school taxes.
Land transfer fees (welcome tax).

This insurance is mandatory if the down payment is less than 20%. It protects the lender in case of default and is charged based on the total loan amount and amortization period. The cost varies between 2.8% and 4.2% and is usually added directly to your loan. It’s important to remember that there is a 9% tax to pay at the notary’s office for this mortgage insurance. The main providers of this insurance in Canada are CMHC, Sagen, and Canada Guaranty. Make sure to understand the terms and conditions of this coverage before finalizing your agreement.

Yes, depending on the financial institutions, several strategies are available to you:

Increase the frequency of payments (weekly or bi-weekly).
Opt for accelerated payments. Talk to your mortgage broker.
Make lump-sum payments (according to the limits in the contract).
Increase your monthly payments.

A pre-approval is a preliminary evaluation submitted to a financial institution that determines how much you can borrow and guarantees a rate for a period of approximately 90 to 120 days.

Several documents may be required, the most common ones are:

Proof of income (pay stubs, T4s, notice of assessment, employer letter).
Bank statements.
Proof of down payment.
Purchase agreement for the property.
Municipal and school taxes.
Rental income (leases, rental income statements).

Yes, but your options may be limited. You may need a higher down payment or have to accept a higher interest rate. Working with a mortgage broker can help you explore these options.

A mortgage broker acts as an intermediary between you and financial institutions. They can:

Compare multiple products to find the one that best suits your situation.
Negotiate better rates.
Guide you throughout the process.

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Discover How
We Can Help You

Contact me for a free consultation, and together, let’s find the best mortgage strategy for you!

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Hyppopothèque operates under the Planiprêt mortgage brokerage banner, offering recognized expertise and personalized service.