Your Free AI Loan Advisor
Answer a few quick questions. Get two personalized borrowing strategies with approval odds, estimated rates, and a matched lender pathway — all in under 60 seconds.
60s
Average time to results
9
Loan products supported
50+
Canadian lenders analyzed
0
Credit checks needed
How the AI Advisor Works
Four steps. Under 60 seconds. Zero risk.
Tell Us Your Needs
Answer 5–7 quick questions about your loan type, amount, credit, and income. No SIN or personal data required.
AI Analyzes Your Profile
Our engine scores your profile against Canadian lender criteria, evaluating approval likelihood, optimal rate bands, and funding speed.
Get Two Strategies
Receive a "Max Approval" and a "Best Rate" strategy — each with approval odds, estimated rates, and a matched lender pathway.
Ask Follow-Up Questions
Chat with your AI advisor post-results: "What if I improve my credit?" or "Should I get a co-signer?" — powered by your real profile.
Our Methodology
LoanIQ's scoring engine combines multiple data dimensions to produce realistic, actionable strategies.
Credit & Income Modelling
We map your self-reported credit range and income against aggregated Canadian lender thresholds to estimate approval likelihood across tiers.
Dual-Strategy Engine
Every profile generates two strategies: "Max Approval" (safest bet) and "Best Rate" (optimal terms). This mirrors how financial advisors present options.
Lender Criteria Matching
Our database includes criteria from 100+ Canadian lenders — banks, credit unions, alternative lenders — updated regularly from public disclosures.
Important: LoanIQ provides estimates, not guarantees. Actual rates, fees, and approval depend on your complete application and the lender's underwriting. We never access your credit bureau file — your score is never impacted.
AI Advisor vs. Traditional Broker
See how LoanIQ's AI stacks up against the traditional approach.
Loan Types We Cover
Our AI advisor is trained on criteria for every major loan category in Canada.
Frequently Asked Questions
Is LoanIQ really free to use?
Yes — LoanIQ is 100% free for borrowers. There are no hidden fees, no credit checks, and no obligation. We're an AI-powered loan advisor analyzing 50+ Canadian lenders.
Does using LoanIQ affect my credit score?
No. LoanIQ never performs a credit check. We use the credit range you provide (e.g., "Good 680–719") to estimate your approval odds. Your credit score is never impacted.
How accurate are the AI estimates?
Our estimates are based on aggregated Canadian lender criteria, Bank of Canada rate data, and industry benchmarks. While no tool can guarantee approval, our dual-strategy approach gives you realistic expectations for both best-case and safest-bet scenarios.
What loan types does the AI advisor support?
LoanIQ covers personal loans, business loans, mortgages, home equity loans, auto loans, truck loans, equipment financing, and emergency loans — all tailored to Canadian borrowers.
Can I ask follow-up questions after getting my results?
Yes! After viewing your strategy, you can chat with your AI advisor to ask questions like "How can I improve my approval odds?" or "What documents does TD need?" — all personalized to your profile.
How is this different from a mortgage broker?
LoanIQ provides instant, AI-powered preliminary guidance — available 24/7 with no obligation. A broker offers human expertise and can submit applications on your behalf. Many users start with LoanIQ to understand their options, then connect with a lender when ready.
Sources & References
Ready to Find Your Best Loan Strategy?
Free, instant, and zero impact on your credit. Get matched against 50+ licensed Canadian lenders in under 60 seconds.
Chat with LoanIQ Now