Mortgage Broker Scarborough

As low as 2.49% Fixed

for a free consultation
  • Who We Are?
    Our team will explain the different mortgage financing options available, available incentives like the First Time Home Buyer’s Tax Credit that our clients in Scarborough can take advantage of, as well as the mortgage process so you can make informed decisions. Whatever your credit history is, we have a solution for you. Our services range from equity takeout to mortgage transfers and from construction mortgages to private mortgage lending. We are licensed by the Financial Services Regulatory Authority of Ontario, the successor of the Financial Services Commission of Ontario.
  • Why Trust Approved?
    A diverse pool of lenders: Unlike a bank which will try to sell you their specific product, we work with a diverse pool of lenders, including banks, trust companies, credit unions, and private lenders to increase your chances of getting a good deal. We put you first in the entire process. Our goal is to find you the best deal and the best interest rate, not to push a specific product.
    Cost benefits: You actually save money with us. It is the lender who will be responsible for our referral fee/commission, not you. We offer the initial consultative session to our Scarborough clients free of charge.
  • Something for Everyone
    No matter your credit score, income level, or circumstances, we have something for you. Lenders in Scarborough have different products and we are able to gauge your needs in our free initial consultation and to then pick the best solution for you. We have solutions to help you consolidate debt, rebuild your credit score, lower the mortgage interest rate, and refinance. Quick mortgage approval timelines: When you come to us, we will get to work immediately to get your mortgage or refinance solution, oftentimes getting approval the same day. When you hire us, you don’t have to bother visiting different lenders and chasing for answers – we will assist you with the paperwork and the entire process.
    Additional related services: Other than helping you get mortgage solutions, we also offer such related services as reorganizing your debt and getting unsecured lines of credit. We help you hunt for special mortgage features that lenders offer from time to time. Call us or fill our online form to start your journey towards homeownership.

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
  • New to Canada Mortgage
  • Unsecured Line of Credit
  • Self Employed Mortgage
  • Private Mortgage Lending
  • Second Mortgage
    If you have a medical emergency or need to expand your business and you don’t have the funds, you can take a second mortgage. This gives you up to 80% of the appraised value of your property, less the existing mortgage balance. Interest rates for second mortgages are higher, but our team of Mortgage Brokers has the experience to get you the best possible deal.
  • Residential Mortgages
    Residential mortgages, as the term suggests, are meant for those who intend to reside in the residential property on which they are taking a mortgage. Residential mortgages come with Canada Mortgage and Housing Corporation (CMHC) insurance to cover lenders, but only if the borrower is unable to raise 20% as a down payment. We help residents of Scarborough pass the pre-approval “stress” test by the lender.
  • Commercial Mortgages
    Getting a commercial mortgage approved typically takes 3 months to 1 year because of the more difficult process of ascertaining the creditworthiness of a business. We have a good relationship with lenders, which allows us to negotiate quick mortgage approval for our Scarborough clients. We have experience with different commercial mortgage types ranging from farmland mortgages to commercial plazas.

    A Home Equity Line of Credit (HELOC) is cheaper than a credit card or an unsecured line of credit, making it popular with Scarborough residents. When you come to our Mortgage Brokers to assist you to get the best HELOC terms and interest rates, we will guide you through the entire process, including helping prepare the relevant paperwork. Call us on (416) 419 3939 for a free consultation.
  • New to Canada Mortgage
    If you have a Permanent Residence status and you have been in Canada for at least 5 years, you can get a typical mortgage at 5% down payment, provided you have a good credit score. If you don’t have Permanent Residence status, the down payment is 10%. If you don’t qualify for a typical mortgage, you can get a New to Canada Mortgage from Canada Mortgage and Housing Corporation (CMHC), Canada Guaranty, or Genworth Financial. We have vast experience streamlining the process.
  • Unsecured Line of Credit
    An unsecured line of credit does not require collateral. The lender accepts your word that you will repay the debt. Note you risk getting sued or debt collectors coming your way if you fail to repay. Worried about the applicable interest? We have an experienced team that helps residents of Scarborough get the best rates and terms.
  • Self Employed Mortgage
    Doctors, small business owners, and other entrepreneurs in Scarborough do not have it easy when it comes to accessing mortgages. The lender may require you to provide such information as Notices of Assessment, your personal and business credit score, proof that your down payment is not gifted, and others. We will help you in searching for good rates and to prepare all the requirements.
  • Private Mortgage Lending
    Other than looking at your credit score and the other things banks and other mainstream mortgage lenders look at, private mortgage lenders in Scarborough look at the property type and value, your confirmable income which can be proven through Notice of Assessments, the down payment you are willing to put down, and equity (if refinancing). We will help connect you to a good private mortgage broker as well as help you with the pre-approval process.
    If you are in need of cash, you can refinance your mortgage to access up to 80% of your property’s appraised value, less the outstanding mortgage. Mortgage refinance also allows you to access lower interest rates. Our team of experienced negotiators has been helping residents of Scarborough get favorable terms and we help with the pre-approval process.

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
  • Lender
  • Rate
  • Term
  • Toronto-Dominion
    5 years
  • Scotiabank
    2 years
  • CMLS
    3 years
  • RFA
    5 years
  • First National Bank
    4 years
  • DUCA
    2 year
  • B2B
    2 years
  • Meridian
    5 years
  • RMG Mortgage
    5 years
  • Manulife Bank
    5 years
  • Lender
  • Rate
  • Home Trust
    5 years
  • Mcap
    5 years
  • Type
  • Rate
  • Secured line of credit
  • Private mortgages
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.