Phil Cragg
Phil Cragg

Phil Cragg
Ottawa Mortgage Agent

Mortgages have changed.

Mortgage Lending made easy

Getting a mortgage for your first home, renewing or refinancing your mortgage or consolidating your debt has never been easier with Phil Cragg Mortgage Broker Ottawa.

We’re not your typical mortgage company

I offer customized mortgage products and services, in terms you can understand. We’ve changed mortgages for the better, so you can worry less and live life to the fullest.

Knowledgeable, Fast and Friendly Service

Fast pre-approvals

Speed matters. Which is why I help verify your pre-approval quickly.

Total Transparency

“What you see is what you get.” No hidden fees, no hidden meanings.

All of us together now

I offer products and services designed to put my clients first. Always.

Our Services

I offer a wide range of Mortgage Products and Services

Home Purchases

First Time Home Buyers

Renovation Financing

Investment Properties


Consolidate Debt

Mortgage Refinancing

Renew or Switch

New To Canada

Improve Your Credit


Vacation Homes/Property

I am here to help

I love answering your questions. Call, email or chat – ask me anything.

Don't wait.
Start saving!

Once I have determined your mortgage needs, I will find you the best mortgage options at the best rate possible.

What clients are saying

Positive: Professionalism, Quality, Responsiveness, Value I could not recommend Phil and his team more. They are extremely responsive, knowledgable and honest. Phil was always available to walk me...

George K

Positive: Professionalism, Quality, Responsiveness, Value Phil was a pleasure to work with, extremely quick to respond back. Best rates in the country and very professional. Can't ask for better m...

Jonathan B

After a terrible experience with another brokerage, I contacted Phil Cragg at Mortgage Outlet in Ottawa by e-mail around 8:30 pm a few weeks ago. Less than 60 mins. later, I'm on the phone with ...

Eric T

Phil and his team did an outstanding job getting my mortgage renewal. I wholeheartedly recommed Mortgage Outlet Inc to anyone looking to purchase a property or to get themselves a better deal when ...

Manzar S

Phil was quick and helpful with our mortgage. He made the process stress free and easy - especially for a first time home buyer. He found us rates that we couldn't have found elsewhere. I highly r...

Katerina B

Some Of Our Trusted Lenders​

10 Reasons to use a Mortgage Broker

  • Up-to-date on all the mortgage rates, terms and re-payment options available on the market.
  • They only specialize in mortgages and are knowledgeable on current trends.
  • They increase competition in the market place, thus keeping rates low.
  • They save you time and money!
  • Brokers have vested interest in satisfying your needs since they rely on referrals and repeat business.
  • Access to different lenders, banks, trust companies, investors and financial institutions.
  • Fast credit and loan pre-approvals with no cost or obligation. (Some conditions may apply)
  • They are experts at matching you with the best-suited mortgage.
  • Get mortgage rates at wholesale, guaranteed up to 120 days.
  • They work for YOU, not the bank.

What's Next?

Get in Touch

First time buyer or refinancing? Call for a free quote!

Apply Now

We shop for the best mortgage option at no charge to you.

Mortgage Calculators

Crunch the numbers and explore your mortgage options!