We Are Mortgages
Homeowners' Choice For Mortgage Solutions
Brokerage Made By Bankers
Today's lending environment has made it more challenging than ever for self-employed, commissioned based, and regularly employed borrowers to qualify for a mortgage financing under traditional "A" guidelines.
As a result, there is a growing demand for alternative lending solutions. Our brokerage is a team of ex bankers who work for YOU not the banks. We are in your best interest throughout the process.
ONE application allows access to over 62 top Canadian
mortgage lenders ready to fund home owners looking for
solution based financing.
This allows us to access MAXIMUM
EQUITY and competitive rates for any situation for smooth
stress free approvals fast.
WHY WORK WITH US ?
QUALITY SERVICE
We provide quality and unbiased guidance in your mortgage decision in order to find the
RIGHT mortgage that suits you.
BEST RATES
Negotiating for our clients gives us access to some of the best rates - whether you are purchasing, refinancing or renewing.
SAVES YOU TIME
One application allows us shop the market to save you time - Calling A Mortgage Agent is like calling over 60 different Banks and Credit Unions.
AVAILABILITY
We are available on your terms - day, evening and weekends to get you funding fast in as little as 72 hours.
CREDIT & INCOME
Homeowners with low income & Bad credit are welcomed by several of our lenders.
Book Your FREE 30 Min Mortgage Meeting
OUR SERVICES
Purchases & Pre-Approvals
Looking to purchase a new
property? Need a quick reliable
closing ? No matter what your
situation is, we can help simplify the buying process. Access to A, B, &
Private lenders leaves us with
strong solutions for any situation & lifestyle.
Refinaces
Helping you review all your options before you renew & We'll help you choose the right mortgage, term, amortization and of course the best possible interest rate.
Private Mortgages
Fast, affordable private 1st, 2nd & 3rd private mortgages. We have access to Canada’s best resource for private mortgage funds. All Income & Credit Types Welcomed
* Special No Monthly Payment Option*
Reverse Mortgages
Canadian homeowners that are 55+ can enjoy equity to do things such as pay off debts, vacations, help family now with downpayment of their own home and not later (pass away),or just feel financially comfortable during retirement while staying in your home. Best part is there is NO MONTHLY PAYMENTS. Live life to the fullest with a reverse mortgage.
Mortgage Calculator
Easily find out how much you can
afford and what your payments will
look like
Mortgage Solutions For The GTA
Renée Ross
Renée Ross brings over 13 years of experience in the financial industry with 6 years as a mortgage agent and now licensed under Ontario Lending Solutions.
“Each Individual Has A Unique Situation & Lifestyle which is why I make it my business to find the Right Mortgage for YOU!”
- Renée Ross
Mortgage Agent Level 2
What is a pre-approved mortgage?
A pre-approved mortgage provides an interest rate guarantee from a lender for a specified period of time (usually up to 120 days) and for a set amount of money. The pre-approval is calculated based on information provided by you and is generally subject to certain conditions being met before the mortgage is finalized. Conditions would usually be things like 'written employment and income confirmation' and 'down payment from your own resources', for example. Most successful real estate professionals will want to ensure you have a pre-approved mortgage in place before they take you out looking for a home. This is to ensure that they are showing you property within your affordable price range. In summary, a pre-approved mortgage is one of the first steps a home buyer should take before beginning the buying process.
Can I get a home with just 5% down payment?
First Time Buyers they can put down as little as 5% for the first 500k of the property. Any amount over 500k to 999,999 a down payment of 10% is needed and over $1,000,000 up 20% . Example if a property is 650k they can put down 5% of the first 500k which is $25,000. Then 10% of the remaining 150k which is $15,000 a total of $40,000 ($25,000 + $15,000)
All other types of buyers must put down at least 20% downpayment.
What mortgage term length is best?
The length of mortgage terms varies widely - from six months right up to 10 years. As a rule of thumb, the shorter the term, the lower the interest rate the longer the term, the higher the rate. While four or five year mortgages are what most home buyers typically choose, you may consider a short-term mortgage if you have a higher tolerance for risk, if you have time to watch rates or are not prepared to make a long-term commitment right now. Before selecting your mortgage term, we suggest you answer the following questions: 1. Do you plan to sell your house in the short-term without buying another? If so, a short mortgage term may be the best option. 2. Do you believe that interest rates have bottomed out and are not likely to drop more? If that's the case, a long mortgage term may be the right choice for you. Similarly, if you think rates are currently high, you may want to opt for a short to medium length mortgage term hoping that rates drop by the time your term expires. 3. Are you looking for security as a first-time home buyer? Then you may prefer a longer mortgage term, so that you can budget for and manage your monthly expenses. 4. Are you willing to follow interest rates closely and risk their being increased mortgage payments following a renewal? If that's the case, a short mortgage term may best suit your needs.
Short or long term mortgage?
A longer-term mortgage is worth considering if you have a busy life and don't have time to watch mortgage rates. Our 4, 5 and 7-year mortgages let you take advantage of today's rates, while enjoying long-term security knowing the rate you sign up for is a sure thing. If you want to keep your mortgage flexible right now, you can explore a shorter-term mortgage that usually allows you to take advantage of lower rates and save.
What's a fixed rate mortgage?
The interest rate on a fixed-rate mortgage is set for a pre-determined term - usually between 6 months to 25 years. This offers the security of knowing what you will be paying for the term selected.
What's a variable rate mortgage?
A mortgage in which payments are fixed for a period of one to two years although interest rates may fluctuate from month to month depending on market conditions. If interest rates go down, more of the payment goes towards reducing the principal; if rates go up, a larger portion of the monthly payment goes towards covering the interest. Open variable rate mortgages allow prepayment of any amount (with certain minimums) on any payment date.
Ontario Lending Solutions
Welcome to a unique mortgage brokerage created by former bankers. We work closely with clients, provide excellent services and advice on mortgages and other forms of alternative financing.
*Approvals are on a case by case bases and subject to change at anytime *
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