Information About Mortgages in Ontario

Did you know when dealing with a bank, you only deal with one lender? We shop the mortgage market comparing rates from accredited Canadian mortgage lenders.

Mortgages in OntarioThis allows us to match you with the lowest mortgage rates and best terms available. And, if that’s not enough, we will do all the research and paperwork which is necessary to get your mortgage application approved.

This saves you the time and trouble of going to the bank. will take the time to determine your mortgage requirements and shop the market to get the mortgage that best suits your circumstances. We are discreet, very conscientious and fair. We will provide our services to you without obligation.

The Mortgage Application.
When a lender makes a decision about a mortgage application, they consider two basic factors: 1) your ability and 2) your willingness to repay the loan.

Mortgage services todayCan You Pay Your Mortgage.
Ability to repay the mortgage is determined by verifying your current employment and analyzing your total income. Lenders prefer for you to have been employed at the same place for at least two years, or at least be in the same line of work for a few years. Your proposed monthly payment will be compared to your monthly income and debt.

The Mortgage Application.
Willingness to repay is influenced by how you have paid previous loans and by examining how the property will be used. Willingness can be gauged by your credit report and previous commitments to pay rent and/or utility bills. There is also a greater tendency to stick with your payments if you live in a house as opposed to a rental property or vacation home.

What are the rules?
It is important to remember that there are no set rules and each applicant is handled on a case-by-case basis. Many applicants come up a little short in one area but make up for it with other strong points. These compensating factors may include a large down payment solid employment extensive educational background or overall financial health.

Lower down-payments and protection.
For applicants who need to make a lower down payment mortgage insurance is protection for the lender in case you stop making payments. This allows low and moderate income families to become homeowners with low down payment programs.

Mortgage Rates are at an historical low – act now!

How much can you borrow for a Mortgage? Apply online and find out now!


Phone: 877-737-5556
Fax: 877-737-7664