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Perch (mortgage company)

Perch (mortgage company)

Perch is a Canada-based mortgage loan company.

Perch is a mortgage loan company in Toronto, Ontario, offering an analytics-driven digital platform to help Canadians make informed decisions about real estate. The company provides personalized insights throughout different aspects of homeownership—from buying to mortgage renewals, refinancing, and selling. Perch helps first-time home buyers or seasoned real estate investors manage their home investments.

Platform

The company offers the following tools to users:

  • Mortgage Calculator: This tool helps users gain insight into their mortgage payments, their total cost of borrowing and how they can save some money
  • Qualifier: This is used to evaluate if users can afford their target property and gain insight into their purchasing power
  • Rent vs. Buy: This is used to compare the value of a property instead of buying it
  • Closing cost calculator: This tool is used to get an estimate of closing costs if a property was purchased
  • Mortgage Penalty Calculator: This calculator is used to determine the cost of breaking existing mortgage and determining the feasibility of switching mortgages
  • FTHBI Benefit Calculator: This is used to determine if buying with the First Time Home Buyer Initiative (FTHBI) is beneficial to the user

Timeline

October 8, 2021
Perch raises a $801,698 seed round.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

APOLLO Insurance Partners With Perch to Offer Their Customers Access to Immediate Digital Insurance

Web

August 25, 2021

Perch Closes $1 Million Round And Joins 2022 REACH Canada Accelerator | Fintech.ca

Web

October 11, 2021

Perch closes $1M Seed Round and joins 2022 REACH Canada accelerator

Perch

Web

Perch closes $1M Seed Round and joins 2022 REACH Canada accelerator program

Perch

Web

October 7, 2021

Perch Closes $1M Seed Round and Joins 2022 REACH Canada Accelerator Program

Web

October 13, 2021

References

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