Certified Mortgage Brokers in Hamilton!

…a GTA based brokerage with a decade of experience under its belt.

Who We Are: Mortgage Brokers Hamilton

Certified Mortgage Brokers in Hamilton are dedicated to ensuring that property buyers, whether residential or commercial get the best deals. are dedicated to ensuring that property buyers, whether residential or commercial get the best deals. It is our mission to deliver the best results to our clients based on their financial needs. Our services include residential and commercial mortgages and mortgage refinancing.

 

Located in Hamilton- we are your local neighborhood mortgage experts. We know EXACTLY where you are coming from.

Why You Want To Work Us

Experience working with independent local professionals with access to hundreds of financial products to help you get the best mortgage that fits your needs. Whether it is a specific rate, term or condition that is a priority for you, we can help.

 

The key to a smooth transaction is knowledgeable and experienced brokers who can crunch the numbers, have established relationships with lenders as well as communication skills to educate the client in simple English in all the Pros and Cons of each of the products.

Mortgage Offers

...pick the one thats right for you.

Find Out More

We Pay Your Legal Fees!

When You Close a Mortgage With Us

WE PAY YOUT LEGAL FEES,
$1000 VALUE

Get $1000 Cash Back

When You Close a Mortgage With us

RECEIVE $1000
CASH BACK

$1000 Referral Fee

When They Close a Mortgage With us

REFER A FRIEND AND GET
$1000

Featured Rates

FIXED

LenderRateTerm
Mortgage Lendwise RateLendwise

3.40%

5-Year
Mortgage First National Bank RateFirst National Financial

3.59%

4-Year
Mortgage RMG RateRMG Mortgages

3.29%

3-Year
Mortgage Street Capital RateStreet Capital Bank

3.19%

2-Year
Mortgage TD Bank RateTD Bank

3.19%

1-Year

VARIABLE

TermRate
5-Year Variable

2.75%

3-Year Variable

3.35%

OTHER

TypeRate
Line of CreditStarting at

3.00%

Equity LoansStarting at

5.99%

Private MortgagesStarting at

5.99%

Understanding Mortgage Basics

A mortgage is a loan you take out from a bank or other lender in order to buy a property. The loan allows the lender to make the purchase without having to pay the entire sale price up front.

 

How Mortgage Works

When you take out a mortgage, you will need to pay a certain amount of the price of the property, with the remainder covered by the loan. This up-front payment is called the down payment, and in Canada the minimum is around 5% for properties valued up to $500,000. If the price is more than $500,000 you will pay an additional 10% down payment for the value above that (i.e. if the price is $1,000,000 you will pay 5% on the first $500,000 and 10% on the remainder).

What You Need To Know

Two terms you need to understand are the mortgage term and amortization term. The mortgage term is the term of the loan and the interest rate you will be charged is effective up to the end of the term. You may not have paid off the loan completely at the end of the mortgage term and will have to renegotiate the loan to continue making payments.
The amortization period is the length of time it will take to completely pay off the mortgage, based on making regular payments at a given interest rate. A shorter amortization term means you will pay off the mortgage quicker but will have to make higher payments, while a longer-term means smaller payments, although you will be charged a higher interest. The longest allowed amortization period is 25 years.

OUR CUSTOMERS LOVE US

Leon and I sat down, this was my first mortgage so I didn't really know i was looking for or much about the industry. Leo sat me down, explained everything from start to finish and to my surprise everything was pretty simple. If i had any questions he would answer them and explain in a way even would understand. Awesome team
Waldron LaMothe
Waldron LaMothe
03:09 24 Jan 18
After looking around for a few weeks, I couldn't find anyone with better rates then these guys. To my surprise their customer service was on point too. Very impressed
Jean Phillips
Jean Phillips
02:19 15 Feb 18
No one could match their rates, and their customer service is the best I’ve ever seen.
Steven Wilson
Steven Wilson
04:55 16 Feb 18
Very professional team, and top grade customer service. Very impressed by these guys.
Anibal Cranford
Anibal Cranford
03:28 03 Feb 18

Hamilton Mortgage Frequently Asked Questions

mortgage questions What is a Mortgage Term?

The loan that you make to buy a house or some other property is called a mortgage. The principal refers to the amount borrowed. Each mortgage payment pays off part of the principal plus the interest.

 

You have custody over the property. However, if you fail to pay the loan and interest according to the terms of the contract, the lender may repossess the property.

mortgage questions What is a Down Payment?

A down payment refers to the money you pay for real estate property. This money is paid upfront and the rest of the cost of your new home is covered by your mortgage. For properties that cost up to $500,000, the minimum down payment in Canada is 5% – however, do take note that your lender may sometimes require a higher down payment.

 

But what if the cost of the property is more than $500,000? If that is the case then the interest is 5% for the first $500,000 and then 10% for the remainder of the cost.

CONTACT US

Give us a call or email us to schedule your appointment