Which mortgage best suits me?

Different lenders cater to different applicants depending on how they earn income and how it is reported.

Choose a profile that suits you or simply read-on to understand various types of lenders. 

 

Depending on the type of company and how you get paid, lenders will evaluate your situation differently. We have access to over 50 Lenders including the banks, credit unions and trust companies that can support your needs.

Depending on the type of company and how you get paid, lenders will evaluate your situation differently. We have access to over 50 Lenders including the banks, credit unions and trust companies that can support your needs.

If you have limited or no income, it does not mean you will be declined for a mortgage. We have a range of lenders who are willing to work with borrowers who have access to equity without the traditional sources of income to qualify.

 

Big Banks

We are partnered with all the big banks in Canada, which allows us to provide a hassle-free application process. Although, they have the greatest presence, some disadvantages may include stricter qualifying criteria, less variety of products and less expertise based on your unique situation.

 

Alternative Lender

Alternative Lenders are companies that look at lending differently as compared to the Big Banks. These lenders may consist of smaller banks, trust companies and insurance companies. Alternate Lenders usually will look at unique ways to lend based on the client's situation and provide solutions that are catered specifically to those needs.

 

Private Lenders

Private lenders consist of investment corporations and other lenders who have access to funding that can support your borrowing needs. Private lenders will qualify you based on the amount of down payment and equity as opposed to traditional income requirements.

 

New-immigrant Program

If you are new to Canada and plan on staying here for the long term, we have access to specialized programs that will help you secure a home as soon as possible.

 

Have questions about mortgages?

We can chat about your situation and provide you with a plan on how to proceed. Talk to our Mortgage Specialist:

Lawrence lau

Phone: +1 416 419 2762

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