Fort McMurray Mortgage Broker
We Find a Way.

Fort McMurray
Mortgages That Work.

Oil sands work comes with unique income situations — rotational schedules, overtime, bonuses, varying hours. Traditional lenders don't understand this. We do. We've worked with rotational workers, maintenance contractors, and high-income earners in Fort McMurray for years. We know how to present your income so you qualify.

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What Makes a Fort McMurray Mortgage Different

Fort McMurray runs on the oil sands, and that shapes almost every mortgage here. Incomes are high but complicated — rotational shifts, overtime, bonuses, camp work, contracts — and the housing market has its own rhythm. A lender who understands Wood Buffalo is worth far more than one who doesn’t.

Rotational and oilfield income the banks misread

A lot of Fort McMurray earners make excellent money through rotational schedules, overtime, and bonuses — but a bank that only counts base salary can badly understate what you really earn. The fix is documenting your full income properly: a two-year history of overtime and bonus, or a lender that weighs your total earnings. We know which lenders count your real income and how to present it.

A market that moves differently

Fort McMurray home prices don’t track Calgary or Edmonton — they follow oil, and some lenders get cautious about the region as a result. That can mean a larger down payment or a narrower list of lenders on certain properties. Knowing which lenders are comfortable in Wood Buffalo, and structuring your file for them, is often the difference between an approval and a decline.

Three paths to approval, not one

There isn’t one way to get a mortgage — there are three, and the right one depends on your file. A-lenders (the banks and credit unions) offer the most competitive rates when you have strong credit and provable income. B-lenders are built for self-employed, bruised-credit, or unusual-income files, usually as a one- to two-year bridge back to an A-lender. Private lenders are equity-focused for tight timelines or complex files, and generally need 20–25% or more down. A single bank can only offer you the first path — we shop all three and build a plan to move you up to better terms over time.

Fort McMurray Mortgage Questions, Answered

Do I need to live in Fort McMurray to work with you?

No. We’re licensed across Alberta and work with buyers, owners, and renewers throughout Fort McMurray and the surrounding area. Everything is handled by phone, email, and secure e-signing, so you never have to visit an office.

Can I get a mortgage in Fort McMurray on rotational or overtime income?

Yes. Rotational schedules, overtime, and bonus pay are normal here, and the right lender will count them — usually with about a two-year history to show consistency. We package your income so it reads as the real number you earn, not just your base salary.

How much down payment do I need?

For an owner-occupied home, as little as 5% on the first $500,000 and 10% on the portion above that, up to a $1.5 million purchase price. A rental or investment property generally needs at least 20% down, and private financing usually asks for 20–25% or more. We’ll give you the real number for your plan before you start shopping.

What credit score do I need to buy a home in Fort McMurray?

There’s no single cutoff. A-lenders want stronger credit, but B-lenders regularly work with scores below 600 when the rest of the file is solid, and private lenders look mainly at your equity and down payment. A past bankruptcy, consumer proposal, or collection doesn’t automatically disqualify you.

Should I just renew with my current lender?

Not without checking your options first. The renewal letter your lender sends is a starting point, not their best offer — and since late 2024 you can switch lenders on a straight renewal without re-passing the stress test, which opens up the whole market. A quick review often saves real money.