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Our home is not just a roof over our head.

For most, it is the most significant investment we will make in our lifetimes.

Home Purchase

When you deal with one of our brokers, you will receive:

  • The lowest rates in Canada
  • 100% financing programs (oac)
  • Flexible options for future changes to your life
  • Canada’s best pre-payment options which allow you to become debt free faster
  • Programs available for every credit situation including self employed, and post bankruptcies
  • Access to private lenders to assist unique situations

There are a number of mortgage products available to you. We will help you make the right decision.

First time home buyers
We take you step by step through the financing process from understanding your credit, simplifying the application, to getting you approved and beyond. You will feel comfortable making the right decisions so you can enjoy your new home.

Seasoned buyer
We will help you access a mortgage, tailor-made to your needs by providing the latest rates and packages. If you already have a quote from another institution, call us for a second opinion

To find out how much you will be able to pay for your new home, you need to analyze your taxable income along with the amount of debt that you have to pay off through monthly payments. If it is your main residence that you are going to purchase, calculate approximately 32% of your income to make the mortgage payment, property taxes and heating costs. Next, you need to calculate 42-44% of your taxable income and from that, deduct all of your other monthly payments such as car loans, credit card bills and other such debts. The lesser of these two calculations will be used to determine how much of your income may be used towards housing related payments, including your mortgage. Apart from what the ratios tell you, you should make calculations of your own to determine how much you can afford. If the payment amount you are comfortable with is less than 32% of your income you may want to settle for the lower amount rather than stretch yourself financially. Make sure you take all other expenses into consideration too so that you can easily afford the basic luxuries.
A home inspection is a visual examination of a house by a qualified professional to determine the overall condition and value of the home. When conducting a proper inspection, an authorized home inspector should check all the major components of the house such as the roof, ceilings, walls, and floors along with other systems such as the electrical connections, heating, plumbing and drainage and weather proofing. The inspector usually gives the results of the inspection in writing to the home owner within 24 hours of the inspection. It is always advised to get a home inspection done before making a purchase decision. A thorough inspection is likely to clear a majority of the doubts that you might have when purchasing a home. The inspection gives an idea about the quality of the construction and indicates whether any major repair work will be required. This allows you to calculate all the add-on costs before making the final decision. An inspection will definitely give you a more secure feeling about your purchase decision by removing most of your doubts.
Mortgage Loan Insurance is an insurance cover provided to a lender against default on mortgage installments, when the down payment amount is less than 20%. Like any other insurance, mortgage loan insurance too requires premium payments. The premium amount can vary between 0.5% to 3.75%, depending on the insurance provider and how much of the purchase price is financed by the mortgage; greater the down payment, lesser will be the premium. Mortgage loan insurance is distinct from Mortgage Life Insurance as the latter guarantees that your remaining mortgage at the time of your death will not be a burden to your estate.

To make your mortgage application process as simple and lucid as possible, it is advisable that you collect all these documents beforehand so as to avoid any interruptions later.

  • Personal information (Name, SIN#, address etc)
  • Job details, including confirmation and proof of income.
  • Your sources of income.
  • Proof of financial assets if using investments for down payment
  • If using a co-signer, their information is required as well
  • Source and amount of down payment.
  • Proof of source of funds for the closing costs (usually about 1.5% of purchase price)
In a fixed rate mortgage, the interest rate is pre-determined at the beginning of the loan term, which can range from 6 months to 35 years. The advantage of this type of mortgage is that it offers a security of knowing your monthly payments beforehand and allows you to plan accordingly. In a variable or floating rate mortgage, the payments are fixed for a period of one or two years but the interest rates can fluctuate every month depending on the market conditions. If the interest rates drop, more of the payment goes towards reducing the principal; if the rates go up, a larger portion of the monthly payment goes towards covering the interest. The interest rate is based on a predetermined formula which is in-turn based on the prime-lending rate. Do you have a question not answered here? Send it to us here and we’ll be happy to answer it for you!
Some lenders may consider you eligible for a mortgage even though you have faced bankruptcy. However, this decision may vary from lender to lender and will greatly depend on the circumstances surrounding the bankruptcy. Certain measures can be taken by the prospective borrowers to improve their credit rating. Contact us for more details!

Mortgage Refinancing

Mortgage refinancing can prove beneficial in several ways:

  • Consolidate additional mortgages, high interest credit cards, loans and lines of credit
  • Lower your monthly payments and increase cash flow
  • Allow cash for renovations and home improvements that will increase property value
  • Assist with financing children’s education or other needs
  • Obtain money for investments such as additional real estate or financing a business

Mortgage refinancing is becoming a popular financial solution, especially for those who are burdened by large monthly payments or multiple debts.

The interest on a fixed rate mortgage that you took several years ago may have dropped drastically. Refinancing the existing mortgage will entitle you to the reduced interest rate and lower your payment or allow you to pay off the mortgage faster.
The interest rates on an adjustable rate mortgage (ARM) might be low initially, but the fluctuations are unpredictable. Many prefer to refinance the mortgage to a secure, fixed rate from a variable rate.
Making payments on two or more mortgages at the same time can be a burden. Consolidating multiple mortgages into one with a lower fixed interest rate will save you both time and money.
The proceeds from your refinanced mortgage can be used to pay off credit card bills and other similar expenses which can drastically reduce the interest you pay and lower your monthly payments.
You can refinance your existing mortgage to free a larger amount of cash, depending on your home equity. Since a mortgage is a secured loan, the interest applied is considerably lower than that of an unsecured loan. The decision to refinance should be evaluated to avoid any complications at a later stage. By carefully studying the status of your current mortgage and comparing it to your income and other debts, our experienced mortgage professionals help you pick the refinance solution that best suits your current financial status. We have access to lenders that offer some of the lowest and most competitive mortgage rates in the market. Regardless of your requirement, whether it is to consolidate existing mortgages or obtain a better rate, we will secure the best deal possible.

Mortgage Renewals

When it is time to renew your mortgage, shop around for the best rate and terms. Our experienced mortgage professionals have access to lenders that offer the best-in-market interest rates and mortgages.

  • We shop around, at no charge to you
  • It will not cost you anything to switch
  • Canada’s best prepayment options

Renewing your mortgage is as important a financial decision as selecting your first one. When renewing your mortgage, you are in a stronger financial position than you were when you first purchased. Your home equity grows over a period of time and by decreasing your principal loan balance, you are in a good position to negotiate. We will help you access the best rate and mortgage package that caters to your individual needs.

Construction Loans

We offer unique builder financing programs to meet your needs. Whether you are constructing hundreds of homes a year, or you specialize in customized construction, or you are a small builder just starting out, our construction loans are well designed to suit your requirements.

Our dedicated turnkey services include: Credit Facility Management, Purchaser Mortgages, Draws, Inspections and much more. Our application process is straightforward and simple.

We offer financing to the builder on both a pre-sold and construction basis. There are no front or back end fees. Cancellation fees are waived with certain mortgages plans. We also offer competitive construction rates and flexible draw schedules.

Our mortgage programs also allow you to receive funds on each home as construction proceeds. Advances are available to you at each stage of construction.