Current Rates
5yr Fixed 4.14%
5yr Variable 3.4%
3yr Fixed 3.99%
Prime 4.45%
BOC 2.25%
Updated Aug 24, 2026

About Magellan

Financing built on relationships, not transactions.

We're an FSRA-licensed mortgage brokerage serving Ontario, helping families build long-term wealth with honest advice and access to 30+ lenders.

30+
Lender Partners
$500M+
Mortgages Funded
5+
Years Serving Ontario
4.9
Client Rating

Our Story

A brokerage that puts your whole picture first

Magellan Capital Network was founded on a simple belief: a mortgage is one of the biggest financial decisions a family makes, and it deserves more than a rate quote.

We provide clear, relationship-driven guidance focused on more than just financing. We help clients build long-term wealth with confidence, and our approach centers on understanding each client's broader financial picture, so every decision supports both immediate needs and future goals.

Because we work with 30+ lenders (banks, credit unions, monolines, and alternative lenders), we're never limited to a single institution's products. That means more competition for your business, and often a materially better outcome than walking into your own bank.

Sinthu Perumalsamy · Principal Broker & Director, Magellan Capital Network
Magellan broker meeting with clients
24h Typical pre-approval turnaround

Why Magellan

What you can count on

The fundamentals that make working with us different from walking into a single bank branch.

FSRA Licensed

A fully regulated Ontario brokerage, License #13521. Independently owned and operated.

Independent Advice

We're not tied to any single bank, so the recommendation you get is the one that's right for you.

Quick to Start

Start your pre-approval in 60 seconds, then get rate-locked offers from multiple lenders.

PIPEDA Compliant

Your personal and financial data is handled securely, never sold, and shared only as needed.

How it works

A single point of contact, start to finish

No call-centre handoffs. One dedicated advisor walks your file from first conversation to closing day.

01

Conversation

We learn your goals, timeline, and full financial picture.

02

Shop 30+ lenders

We put your file in front of banks, credit unions, and monolines, then bring back the strongest offers.

03

Pre-approval

A rate-locked, written pre-approval, usually within 24 hours, so you can shop with confidence.

04

Close & beyond

We coordinate every detail to closing and stay your long-term mortgage partner through renewals.

Meet the team

Real people, real results

Our advisors are licensed, local, and deeply experienced with the Ontario market. You'll have a single dedicated point of contact from first call to closing.

No pressure, no obligation

Ready to break free from high mortgage rates?

Start your personalized quote in 60 seconds and hear back from a licensed advisor.

Access to 30+ lenders Zero obligation FSRA licensed brokerage Independent advice