Mortgage Broker Newmarket

As low as 1.89% Fixed

for a free consultation
  • Who We Are?
    We are licensed and regulated by the Financial Services Regulatory Authority of Ontario (FSRA), which replaced the Financial Services Commission of Ontario (FSCO), in offering mortgage brokerage services in Newmarket. We offer a wide range of services ranging from mortgage pre-approval to unsecured lines of credit and from equity takeout to mortgage transfer. We offer tailor-made commercial and individual mortgage solutions since we understand that different clients have different needs.
  • Why Trust Approved?
    Customer first: We put our customers first when negotiating and managing the process with lenders, real estate agents, credit agencies, and other relevant bodies. We work for you, not for the lender or anyone else. We get our commission from the lender. We maintain a big network with lenders and other professionals to ensure we get the best interest rates and deals for you.
    Your own experienced broker: Our team is made up of experienced negotiators. We will assign you a mortgage broker to guide you through the process. This way, you will avoid the hustle of visiting different Newmarket lenders and going through industry jargon. The broker we assign you will do everything from ensuring the proper documents are filed to ensuring the correct accounts are paid.
  • Something for Everyone
    Whatever your mortgage needs are, we have something for you. We offer different mortgage solutions not only to help you own a home, but to also help you in debt consolidation, to rebuild your credit, to refinance, and to lower your mortgage rate. We endeavor to give our clients in Newmarket quick turnaround time. In most cases, we will get the approval the same day you engage us. With us, you don’t have to chase lenders and agents for answers.
    We are always on the lookout for special features that are given by lenders as incentives to attract new clients and to retain old ones. Examples of these are expandable mortgages, cash to cover relocation, loyalty programs, and covering of appraisal and registration costs. We will, however, look at the fine print to ensure you are not blinded by the incentives. Call us today on (416) 419-3939 for a free consultation.
Mortgage Offers
pick the one thats right for you.
  • get
    $ 2,000
    on purchase over
    $500, 000
  • Receive
    $ 1,400
    when you transfer
    your mortgage of over $500,000
  • complimentary
    12 months
    Home service plan
    fint out more
Purchase or Refinance
for a free consultation
  • Second Mortgage
  • Residential Mortgages
  • Commercial Mortgages
  • HOME EQUITY LINE OF CREDIT
  • MORTGAGE REFINANCE
  • Private Mortgage Lending
  • Self Employed Mortgage
  • Unsecured Line of Credit
  • New to Canada Mortgage
  • Second Mortgage
    The law allows you to get up to 80% of the appraised value of your home, less balance on the existing mortgage. This is called a second mortgage. Residents of Newmarket, ON take second mortgages for such reasons as medical emergencies, business expansion, and home renovations. Our team of experienced negotiators will help you get favorable interest rates and minimal administrative fees for your second mortgage.
  • Residential Mortgages
    If you intend to live in a house, a condo, or other residential property, you are entitled to a residential mortgage. The law requires you to pay a down payment of 5% for properties worth under $500,000, and 10% on any amount over $500,000. These mortgages are insured with mortgage default insurance (CMHC insurance) where the down payment is less than 20% of the property’s value. We also help residents of Newmarket with pre-approval “stress” tests.
  • Commercial Mortgages
    Commercial mortgage interest rates are higher than residential mortgage rates, mostly because when some companies, incorporations, and partnerships face financial difficulties, they file for bankruptcy. Our team is experienced in all types of commercial property mortgages for everything from commercial plazas to storefronts with apartments. We assist Newmarket residents to negotiate not only for a good rate but also for quick turnaround.

  • HOME EQUITY LINE OF CREDIT
    Home Equity Lines of Credit, or HELOC, are popular in Newmarket because they are cheaper than credit cards and unsecured lines of credit. A HELOC is also popular because it does not attract repayment penalties, provided you at least pay the monthly interest payments. We will guide you through the entire process of getting a HELOC, including finding the lender with the best offer and assisting you with the pre-qualification tests.
  • MORTGAGE REFINANCE
    Residents of Newmarket, Ontario can refinance their mortgages to take advantage of lower interest rates, to access equity (cash) in their property, to consolidate debt, and for other reasons. This is achievable through extending or blending your existing mortgage, breaking the existing mortgage to get a new one, and getting a HELOC. We link clients with mortgage refinance companies for the best deals.
  • Private Mortgage Lending
    Banks and other major mortgage lending institutions have strict rules aimed at reducing risk. The pre-approval process like ensuring borrowers have good credit scores, unfortunately, means some people are locked out. This is where private mortgage lenders come in. The requirements by private mortgage lenders are more relaxed, allowing residents of Newmarket, ON to start their journey towards property ownership.
  • Self Employed Mortgage
    Self-employed mortgages are meant to cater to the growing “gig” economy, with nearly 20% of all earners in Canada being self-employed. Lenders usually require personal Notices of Assessment going back 2 to 3 years and have other requirements. We will help you not only pick the lender with the best deal but also with the pre-approval process.
  • Unsecured Line of Credit
    An unsecured line of credit is a good idea if you have an unpredictable ongoing project like a home improvement project, if you have an emergency, and if you are a freelancer or in another seasonal job. If you have a good credit score or you have a healthy business, you may qualify for a line of credit even without collateral. We help clients in Newmarket get unsecured lines of credits at favorable terms.
  • New to Canada Mortgage
    If you have received confirmation of Permanent Residence from the IRCC (Immigration, Refugees and Citizenship Canada) and you have been in Canada for the last 5 years but you don’t meet the qualifying criteria of a lender in Newmarket, you can access a special mortgage called New to Canada mortgage. If your credit score is good, you can access a typical mortgage. We help newcomers in Newmarket get mortgages at affordable rates.
Banks and Mortgage Brokers
vs. RMA Mortgage
  • Big Bank Rates
    $ 706
  • Typical Broker Rates
    $ 3200
  • $ 5485
Our team consists of experienced negotiators. This and the relationships we have with different lenders allow us to get the best interest rates for you.
Featured Rates
Fixed
  • Lender
  • Rate
  • Term
  • Toronto-Dominion
    1.94%
    5 years
  • Scotiabank
    1.99%
    5 years
  • CMLS
    1.84%
    5 years
  • RFA
    1.64%
    5 years
  • First National Bank
    1.74%
    3 years
  • DUCA
    1.99%
    5 year
  • B2B
    2.64%
    5 years
  • Meridian
    1.6%
    5 years
  • RMG Mortgage
    1.84%
    5 years
  • Manulife Bank
    1.89%
    5 years
Variable
  • Lender
  • Rate
  • Home Trust
    4.49%
    5 years
  • Mcap
    1.95%
    5 years
Other
  • Type
  • Rate
  • Secured line of credit
    2.95%
  • Private mortgages
    5.99%
Questions?
We Are Here to Help
What our CLients Say
Customer Testimonials
  • Avatar Boyd Wehner ★★★★★
    I used Nick to renew my mortgage. He found me a better deal than my bank could offer and I intend to use him again the next time I need to renew. Nick did all the work, he made it easy and simple for me. He really knows his stuff!
  • Avatar Nicole B. ★★★★★
    I have been dealing with Masoud for my first mortgage back in 2016 and my second mortgage in 2019. He has always been of great help and easy access. He is the first person I go to with regards to mortgage questions. Keep up the good work guys!!
  • Avatar kit cathe ★★★★★
    Working with Masoud was a great experience. We learned about mortgage options that were new to us as we were first-time buyers. Knowledgeable and helpful with no pressure, we were able to make an informed decision that worked out very well for our needs.
  • Avatar David Smith ★★★★★
    I can't recommend Masoud enough if you need a mortgage, a renewal, or even help getting to that point. He is extremely knowledgeable and resourceful and works incredibly hard for his clients! He’s done our first mortgage in 2014, refinance in 2028 and now our second mortgage this winter.
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Mortgage Brokers That Get You Approved
Across Toronto
…we offer a piece of mind when it comes to your mortgage needs every single time.