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Current Neo Financial Mortgage Rates

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5-Year Variable
4.85%
5-Year Fixed
4.24%
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Written By Joel Kranc

Contributing writer

Updated Aug. 30, 2024

About Neo Financial

If you like Skip the Dishes, you might like Neo Financial Canada. The company was founded in 2019 by the same founders of the aforementioned food delivery service. It is one of Calgary’s “unicorn” tech start-ups with a valuation of more than $1 billion.

Neo Financial Canada offers what they call “worry free rates” for mortgages. The company works with multiple lenders to scan the market and find the best rates available. Applications are done online (or by calling 1-855-536-1993) without the need to book an office visit, but all applicants are provided with a human associate to support them.

Associates do not work on commission, so applicants are not influenced other than to choose the best option that works for them through Neo Financial Canada.

How to compare the best Neo Financial mortgage rates on RATESDOTCA

Comparison shopping is the key to saving. For people looking at mortgage rates, RATESDOTCA is the first and last site you’ll need to research, find and execute on the best rate that works for you.

Once you receive free quotes, you’ll be contacted by RATESDOTCA and connected to Neo Financial.

Frequently asked questions about Neo Financial

Is Neo Financial a Canadian company?

Yes. Neo Financial is a Canadian company founded by Andrew Chau and Jeff Adamson, co-founders of Skip the Dishes. The company is based in Calgary, AB.

Which bank owns Neo Financial?

Neo Financial is not owned by any bank. It is a private company that has received venture capital financing from US-based firms Valar Ventures, Tribe Capital, Altos Ventures, Blank Ventures, Gaingles, Mape VC and Knollwood Advisory.

What products does Neo Financial offer?

Neo Financial offers the Neo Card – a cashback credit card, Neo Money – a high-interest savings account, Neo Invest – wealth management services, and Neo Mortgage – online mortgage comparison and application service.

Joel Kranc ,
Writer

Joel Kranc is a freelance writer and content provider who has worked with RATESDOTCA since 2019. He holds an MA in political science from the University of Toronto and a film certificate from New York University.

He has been published in and worked for such companies as CNN, Rogers Media, Institutional Investor Magazine, The Globe and Mail, Infrastructure Investor, BenefitsPRO Magazine, Global Finance Magazine, With Intelligence, the CPP Investment Board, Hospitals of Ontario Pension Plan, and many more financial services and industry publications.

He is the author of "Retirement Planning in 8 Easy Steps," which, when released in 2015, was No. 11 on the Publisher's Weekly US Bestseller List for Business and Finance, beating out Mark Cuban's "How to Win at the Sport of Business."

Education
  • Master's of Political Science, University of Toronto
Featured in
  • Benefits Canada
  • Institutional Investor
  • Plan Sponsor Magazine
  • Global Finance Magazine
  • Infrastructure Investor
  • Private Equity Investor
  • The Globe and Mail
  • Fund Directions Newsletter
  • BenefitsPRO
  • HR Professional
  • Advisor's Edge
  • Institutional Investor
  • Employee Benefit Advisor
  • Investing in Infrastructure Magazine (i3)

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