What is Pinch?

Pinch is a Canadian company that empowers consumers to qualify themselves for their mortgage rather than phone a mortgage broker or visit a bank branch. Pinch aims to make your mortgage qualification simple, quick, and convenient. All you need to do is create a profile, upload your personal details and the terms of the mortgage you're seeking, and then choose the mortgage you'd like.

Why create a profile?

By creating a profile with Pinch you enable us to offer you the most suitable products and the best rates, and provide us with the best way to contact you if we have any follow-up questions. 

Is there a fee to use Pinch?

No! Pinch is absolutely free to users!

How does Pinch get these low rates?

Thanks to the partnerships Pinch has formed with national mortgage providers, we are able to offer the same terms, products, and rates as mortgage brokers and bank branches.

What is an Insurance Premium?

An insurance premium is the amount a consumer must pay for their coverage. Premiums can be charged at the consumer's desired frequency, including monthly and annually. All premiums are put into a premium pool by the insurance company, and when a claim is paid the funds are drawn from that collective premium pool. 

What is a Deductible?

A deductible is the amount that the insured party is required to pay for each loss or settlement before receiving any additional payment from the insurance provider. For example, if your auto insurance policy has a $500 deductible and you get into an accident costing $2,000, you will need to pay the $500 before your insurance company will contribute the amount you are covered for. Typically, the higher the deductible the lower the premium for a policy will be.