Buying a home and deposit money tied up in your
Unlock your equity with Deposit Rocket.
It's quicker & easier than a cash deposit!
Deposit Rocket is here!
See how it works!
  • What is a Deposit Rocket Guarantee?

    It is simply a guarantee that you will pay the required deposit upon closing of the home. Deposit Rocket Guarantees are now used when submitting an offer instead of a traditional cash deposit.

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  • Who Qualifies?

    If you are a Canadian resident, over the age of 18 who is purchasing an owner-occupied home, you are eligible!




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  • What are the Benefits?

    Deposit Rocket is quicker and easier than freeing up a cash deposit.





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Simple Process
  • Apply for a Deposit Rocket.
  • Issued instantly online and delivered to you and your licensed realtor.
  • Deposit Rocket is inserted into your offer instead of a cash deposit.
  • At closing, simply pay full purchase price.
Deposit Rocket Advantages

Deposit Rocket Guarantees are quicker and easier than the traditional method of freeing up a cash deposit.

Buyers
Quick

5-minute online application, instant issuance!

Convenient

No Banks or bridge loans

No arranging & delivering certified cheques

Your Money stays in the market

Can make unlimited number of offers, no extra cost!

Cost effective

No home appraisal

No Line of Credit applications

No investment breakage fees

Sellers & Agents
Secure

Insured by Northbridge Insurance® group of companies, rated “A” (excellent) by A.M. Best

Larger Deposits, More Offers

Guaranteed Deposits

Email directly to your licensed realtor

Increase amount or term instantly

Same or better position a cash deposit

Deposit Rocket Cost:

Plus Policy Fee.

O.A.C. and terms & conditions apply.

Fee Calculator
Deposit Rocket Guarantees :
Up to $100,000
Up to 9 months
Up to 10% of the home purchase price
Unlimited offers can be made!
Why Canadians Trust Deposit Rocket
A Antree Demakos

Antree Demakos, J.D., CEO of Legal-Line.ca, a federal non-profit organization providing Canadians with free legal help for over 25 years, says, "Deposit Rocket Guarantees provide home buyers with fast, online access to deposit funds which are backed by an 'A-rated' insurer. This ‘Guarantee’ is as secure for the Seller as receiving a certified cheque. We are excited to connect our four million annual users to this innovative and much-needed service."

J James Benson

I just did my first deal with this product. It was simple and straight-forward for the client to complete all the steps to get the Deposit Rocket in place.

H Harri Neher

Excellent services, quick problem solving. Don and his team are real pros for all our insurance needs.

D Dave Royce

Thanks for all your help getting me insurance for my house. I appreciate how fast you we're able to help. Your attention to detail and friendly service was top notch. Thanks Dave

L Lawrence Gill

Daniele was of immense help to me. Very professional, cordial and help. Could not ask for better service. Don and his team are real pros for all our insurance needs.

Frequently Asked Questions
Who is the provider of Deposit Rocket?
Deposit Rocket is a licensed insurance brokerage and insured by the Northbridge Insurance® group of companies, rated “A” (excellent) by A.M. Best.
How much does it cost?
Deposit Rocket has a one-time cost based on the deposit amount and the term required. Our Fee Calculator can provide a cost estimate instantly.
Can I refund or transfer my Deposit Rocket?
No, refunds are not available but you have flexibility in using your Deposit Rocket – you can extend the term duration, change the amount, and use it on as many offers as you’d like until you are the successful Buyer for the residential property of your choice.
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