(905) 441 0770 allen@allenehlert.com

Discover RMG Mortgages

by | May 7, 2025

As a licensed, professional mortgage agent, I take great pride in matching my clients with the best possible lenders for their unique situations. Sometimes, that means introducing you to a lender you may not have heard of before — a lender that offers distinct advantages over the big banks. Let me introduce you to RMG Mortgages (Residential Mortgage Group), a lender that has the potential to revolutionize your real estate financing.

Who Is RMG Mortgages?

What Kind of Lender Is RMG — and Why Does That Matter?

Three Powerful Reasons to Choose RMG Mortgages

Who Is the Ideal Client for RMG Mortgages?

Why RMG Mortgages Stands Apart

Who Is RMG Mortgages?

RMG Mortgages is a leading Canadian residential mortgage lender operating under the MCAP group, one of Canada’s largest and most respected independent mortgage financing companies. With more than $150 billion in assets under management, MCAP — and by extension RMG — is a powerhouse in the mortgage industry.
Unlike traditional banks that offer a broad range of financial services, RMG focuses exclusively on mortgages, delivering competitive products through professional mortgage brokers like myself. You won’t see RMG branches on street corners because they specialize in providing a boutique lending experience designed for efficiency, flexibility, and savings for Canadian homeowners.

What Kind of Lender Is RMG — and Why Does That Matter?

RMG Mortgages is known as a monoline lender. This means they specialize in mortgages — and mortgages only.
This specialized focus translates to significant benefits for you as a borrower:

  • Lower operating costs mean more competitive interest rates.
  • More flexible mortgage terms and prepayment options.
  • Faster, smoother processes focused solely on getting you the best mortgage solution — without the distractions of cross-selling credit cards or bank accounts.

In short, with RMG, your mortgage isn’t just another product on a long menu. It’s the main event.

Three Powerful Reasons to Choose RMG Mortgages

When it comes to choosing the right mortgage lender, it’s important to look beyond just the interest rate. You deserve a lending partner that provides real value, flexibility, and innovative solutions tailored to your needs. RMG Mortgages delivers on all fronts, offering a range of advantages that truly set them apart from traditional banks. From highly competitive rates paired with client-friendly features, to unique transfer programs that make moving your mortgage easier and more affordable, to their powerful Peace of Mind Cash Back program designed to offer financial relief during times of higher interest rates — RMG is committed to helping you save money, build equity, and stay financially empowered throughout your homeownership journey.

  • Competitive Rates with Industry-Leading Flexibility
  • Innovative Transfer Programs
  • Peace of Mind Cash Back Program

Competitive Rates with Industry-Leading Flexibility

RMG offers extremely competitive mortgage rates — often better than the major banks — and their mortgage features are designed to serve clients, not to trap them. Prepayment options, portability, and straightforward policies around penalties mean you stay empowered throughout your mortgage term.

Innovative Transfer Programs

RMG provides incredible solutions for homeowners looking to transfer their mortgage — whether at maturity or even mid-term. Their standard and collateral transfer programs allow for potential cash flow savings, fee rebates, and even the ability to re-extend your amortization in certain cases — something many big banks simply don’t offer.
Their virtual signing process through FCT (First Canadian Title) also streamlines closing, offering speed, convenience, and minimal disruption to your busy life.

Peace of Mind Cash Back Program

For homeowners who may have locked into high-interest rates during the rate spikes of 2022–2023, RMG’s Peace of Mind Cash Back option can create immediate financial relief. This unique program allows you to use cash back proceeds to cover penalties or simply enhance cash flow — with an innovative forgiveness structure that reduces how much you owe back over time if you break your mortgage early.

Who Is the Ideal Client for RMG Mortgages?

RMG is ideal for clients who:

  • Are looking to transfer or refinance into a better mortgage option without unnecessary barriers.
  • Value flexibility and want to avoid high bank fees.
  • Prefer working with an expert mortgage agent (like myself) for personalized service.
  • Are first-time buyers, move-up buyers, or investors who appreciate competitive pricing and modern, efficient solutions.
  • Have an existing mortgage at a major bank and want to explore better renewal options or break free from costly penalties and higher rates.

In particular, clients who are facing an upcoming mortgage renewal or who are sitting in a fixed-rate mortgage from 2022–2023 at high rates will find RMG’s options extremely compelling.

Why RMG Mortgages Stands Apart

In an industry often dominated by slow-moving banks and cookie-cutter lending policies, RMG Mortgages stands apart by being proactive, flexible, and genuinely client-first. Their partnership with brokers ensures you have an advocate at every stage of your mortgage journey — and their programs, tools, and incentives are structured to help you save money, reduce fees, and improve your financial position.

Summary

When I recommend RMG Mortgages, I do so with the full confidence that you are accessing a mortgage solution designed with you in mind — one that aligns with your goals, protects your interests, and maximizes your opportunities.
If you’re ready to explore smarter mortgage solutions, or if you simply want to understand what your options are at renewal, I’m here to guide you.

Let’s talk about whether RMG Mortgages could be the right fit for your needs — and how we can position you for financial success.

Mortgage and Money Radio Logo
Allen Ehlert

Allen Ehlert

Allen Ehlert is a licensed mortgage agent. He has four university degrees, including two Masters degrees, and specializes in real estate finance, development, and investing. Allen Ehlert has decades of independent consulting experience for companies and governments, including the Ontario Real Estate Association, Deloitte, City of Toronto, Enbridge, and the Ministry of Finance.

Reasons to Break Your Mortgage

12 Reasons for Breaking Your Mortgage

Breaking Your Mortgage: Explore the implications and potential penalties for terminating your mortgage before maturity, and learn about options like portability and refinancing.

Exempt Contribution

Mortgage Term: Exempt Contribution

Learn about the implications of the exempt contribution and how it relates to registered accounts, indirectly impacting mortgages in several important ways.

Cash Back Mortgages

Understanding Cash Back Mortgages

Cash Back Mortgages. Home buying is a naturally expensive thing to be doing. You not only have to pay for the house, but you have substantial closing costs as well. You might want to make your new house ‘home ready’ by getting a few new pieces of furniture and don’t forget new window coverings like blinds, drapes, and curtains (never cheap). Wouldn’t it be nice to get a few thousand dollars back when you fund your mortgage to cover these costs?

Non-Recourse Loan

Mortgage Term: Non-Recourse Loan

Discover what a non-recourse loan is and what that means for mortgages in Canada. Is your mortgage a non-recourse loan, and what does that mean for you?

Insured Insurable Uninsurable Mortgages

Insured, Insurable, Uninsurable Mortgages Explained

Understand the differences between Insured, Insurable, and Uninsurable Mortgages for making informed decisions on your home purchase in Canada.

Zero Percent Loan

Mortgage Term: Zero Per Cent Loan

Discover what a zero per cent loan is, its unique characteristics, and how zero per cent loans relate to mortgages.

Emergency Funds

Critical Guide to Emergency Funds

An emergency fund is an essential financial safety net designed to cover unexpected expenses or financial disruptions without the need to incur debt. It acts as a buffer that can help you maintain your financial stability during unforeseen circumstances such as job...
Open End Lease

Mortgage Term: Open-End Lease

Discover the key features of an open-end lease, what it means especially when purchasing a vehicle, and its relationship to mortgages.

Term Loan

Mortgage Term: Term Loan

Understand the different aspects of term loans and how their unique structure can be leveraged to enhance your financial security.

Alternative vs Prime

Alternative vs Prime Lenders

Alternative vs Prime Lenders