Mortgage broker in Moncton, New Brunswick
Greater Moncton — Moncton, Dieppe and Riverview — is the board area New Brunswick REALTORS® prices at $377,400 for September 2026. Here is what that costs to buy, what the City charges in tax, and how a file comes together from Bedford.
Who is a mortgage broker for Moncton?
Indi, The Independent Mortgage Company Ltd. is licensed as a mortgage brokerage in New Brunswick, and Oickle Mortgages is its practice in Bedford, Nova Scotia. Riley Oickle, Associate Mortgage Broker (Nova Scotia), is your point of contact for a Moncton mortgage: 33 lenders, no fee on a standard residential mortgage, and $18,870 minimum down on the September 2026 Greater Moncton benchmark price of $377,400.
What buying costs in Moncton
Worked on the September 2026 benchmark price the board publishes for Greater Moncton. Your own price, assessment and lawyer change the figures; the lawyer’s statement of adjustments is the final word.
| Greater Moncton benchmark price | $377,400 | Greater Moncton, September 2026 |
|---|---|---|
| Minimum down payment | $18,870 | Insured: 5% of the first $500,000 and 10% of the remainder (1–2 units) |
| Real property transfer tax | $3,774 | 1% of the greater of the price and the assessed value (Real Property Transfer Tax Act) |
| Land Titles registration | $170 | $85 for the deed and $85 for the mortgage ($84 + $1 assurance each), before HST |
| Legal, appraisal and inspection, est. | $3,774 | Riley’s rule of thumb, 1% of the price; your lawyer quotes the real figure |
| Cash to buy | $26,588 | The CMHC premium (4%) is added to the mortgage, not paid at closing |
| Property tax, first year, est. | $5,138 | The City’s 2026 residential rate of $1.3614 per $100, on an assessment equal to the price. A home you live in pays $0 provincial rate through the Residential Property Tax Credit; a rental or second home adds the provincial $0.5617. |
Buying in Moncton
Moncton splits close to evenly between owners and renters: 55.9% of households owned their home in the 2021 Census, and 42.1% lived in a single-detached house. The rest is semis, row houses and apartments, so a listing is usually compared against more than one kind of home.
The stock is younger than Saint John’s. Of the homes people lived in, 45.9% were built in 1980 or earlier. On those, the insurer and the lender want to know the age of the roof, the heating and the electrical service before the file is approved.
The City’s 2026 residential rate is $1.3614 per $100 of assessment, unchanged from 2025. On a home you live in that is the whole rate. The City’s own budget example puts a $379,603 home at $5,167 for the year.
Go deeper
The detail, if you want it
Income and qualifying in Moncton
The median household income in Moncton was $68,000 in 2020, against $87,000 in Dieppe and $79,500 in Riverview. With 5% down on $377,400, the insured mortgage is $372,871, so the payment test is where most Moncton purchases are decided.
The City’s economic development office names insurance and finance as anchors — Assumption Life, Intact, The Co-operators, Medavie Blue Cross, RBC and Tangerine — beside health care, retail and public administration. A salaried income is the simplest to place; commission and bonus income is averaged over two years.
How a Moncton file closes
Your New Brunswick lawyer runs the closing: the title search, the move into Land Titles if the parcel is not there yet, and online registration of the deed and the mortgage at $85 each.
The 1% real property transfer tax works out to $3,774 on the benchmark, charged on the price or the assessment, whichever is higher. New Brunswick gives first-time buyers no exemption, so plan for it in cash.
From the City, the Heritage Conservation Board Grant pays up to $10,000, at most half the cost, toward work on homes in designated heritage conservation areas. There is no City grant for adding a suite to your own house; its housing grants go to builders and non-profits.
Around Moncton: Dieppe, Riverview and Shediac
Dieppe
Dieppe (28,114 people in 2021) has the Greater Moncton Roméo-LeBlanc International Airport inside its limits. Its 2026 rate is $1.3650 per $100. It is the more owner-occupied city of the two: 68.8% of households owned their home in 2021, and the median household income was $87,000.
Riverview
Riverview (20,584) has the Petitcodiac River as its northern boundary and Acadian forest on the other three sides. It is a town of houses: 63.6% of homes were single-detached and 76.1% owner-occupied in 2021. The 2026 rate is $1.3826 per $100.
Shediac
In August 1857 the first passengers rode the European and North American Railway from Shediac to Moncton. The former town (7,535 people in 2021) pays $1.4334 per $100 for 2026; the areas added in the 2023 reform, such as Shediac Cape, pay lower rates, so check which one a listing sits in.
How it works
From first call to keys, in four steps
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A 15-minute call
You say what you’re trying to do and roughly what you earn.
Riley tell you the price a lender will support, the cash you need to close, and what to fix first.
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Documents and pre-approval
You send the short list through a secure upload link.
Riley package the file and come back with a pre-approval letter and a rate held 90 to 120 days.
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Lenders, side by side
You read the comparison and pick.
Riley place one application with banks, credit unions and monolines, and show you every answer.
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Approval, lawyer, keys
You sign with your own local lawyer.
Riley hold the lender, appraiser and lawyer to the closing date.
Why a broker
Licensed, independent, paid by the lender
- Licensed across Atlantic Canada Indi Mortgage brokerage licences in NS, NB and NL (PEI has no licensing regime); Riley Oickle, Associate Mortgage Broker, NS 3001134
- $0 broker fee On a standard residential mortgage the lender pays, not you
- 33 lenders, one application Banks, credit unions, monolines; one credit check
Questions people ask
Is Oickle Mortgages licensed in New Brunswick?
Yes, through Indi Mortgage, which holds a New Brunswick mortgage brokerage licence: Indi, The Independent Mortgage Company Ltd., Mortgage Brokerage, licensed in New Brunswick; your file is completed by Indi’s New Brunswick-licensed mortgage broker; Riley Oickle, Associate Mortgage Broker (Nova Scotia), is your point of contact. The Trust page sets out each province’s licence and how a file is completed outside Nova Scotia.
What is the property tax rate in Moncton?
For 2026, $1.3614 per $100 of assessment, the same as 2025. On a home you live in that is the whole rate; a rental or a second home adds the provincial $0.5617.
What does a house cost in Greater Moncton?
The MLS® HPI benchmark for Moncton, Dieppe and Riverview was $377,400 in September 2026. The minimum down payment on that is $18,870, and the transfer tax and registration together come to $3,944.
Does Moncton have a first-time home buyer grant?
Not from the City, and New Brunswick has no transfer tax exemption. The province’s Homeownership Assistance Program is an income-tested loan; most buyers rely on the federal FHSA, the Home Buyers’ Plan and a 30-year insured amortization.
Still unsure? Ask me directly.
If your question isn't here, your situation is probably specific. Fifteen minutes on the phone beats reading another page, and nothing is pulled on your credit.
(902) 298-0218 · 8:00 am to 10:00 pm Atlantic, every day
Buying, renewing or refinancing in Moncton?
Send the listing or your renewal statement. You get back the cash to close, what the file needs and which lenders fit it, within a business day, at no fee.
(902) 298-0218 · 8:00 am to 10:00 pm Atlantic, every day