Toronto Second Mortgage Broker

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We specialize in mortgage funding across All of Ontario.

There are a significant amount of our operations originating in the city of Mississauga, and we at have come to learn a lot about real estate and mortgages in the region of Peel. If you need advice on a new home purchase or a second mortgage in the region of Peel, we are able to find you the right mortgage solution based on your particular needs. Most of our clients have questions pertaining to refinancing their homes, home equity loans and about mortgage rates and what options they may have in paying off their mortgage loan sooner. If you have any concerns or questions on mortgages, or require a second opinion, do not hesitate to call me at the phone number listed below.

Why use a Mortgage Broker Mississauga?

A mortgage broker can benefit you in the following manner:

Mississauga Mortgage Broker In Erindale

Mortgage Brokers Association of Ontario

Certain Mississauga mortgage brokers are part of a Mortgage Brokers Association in Ontario or other industry group. These associations do assist and provide certain licensing and continuing education courses to their members. The associations may also represent the mortgage brokering community in dealing with agencies, licensing bodies and regulators on the local and provincial level in the province of Ontario. As a member in good standing with any particular Mortgage Brokers Association in Ontario, Mississauga mortgage brokers will be expected to follow and abide by the professional standards provided by the respective association and fulfill all qualification criteria stated in the association’s mandate. Mortgage brokers licensed under this association are able to assist clients with mortgage refinance matters  and qualifying for a second mortgage as well. A special note when dealing in 2nd mortgages, always have an exit plan that will look at combining your 1st and 2nd mortgage into one at some point in the future.

Mississauga Ontario Canada rusty old enamel sign on white background
Mortgage Brokers in Cooksville Mississauga

The Licensing of A Mortgage Broker in Ontario

To be legally working in the city of Mississauga as a licensed mortgage broker or agent, the individual must meet specific requirements outlined by the Financial Services Regulatory Authority of Ontario (FSRA). All matters pertaining to educational requirements must be approved by the Superintendent and the regulating body FSRA. If you are looking for a reverse mortgage, you can also work with a mortgage professional in your community.

Mortgage Refinance Application Cash Loan Concept
mississauga mortgage broker

Additional Mortgage Professionals

During the purchase or refinancing of a property in Mississauga, you can expect to be in contact with other professionals such as: realtors, home appraisers/inspectors along with real estate lawyer. In the province of Ontario, Realtors are overseen by the Real Estate Council of Ontario (RECO). RECO has the purpose of monitoring and regulating real estate professionals in the province of Ontario on behalf of the government of Ontario. A broker can refer you to a seasoned realtor that may be able to assist you in finding the right property in Mississauga and negotiate with the seller on your behalf to close the deal. Always try to work with your bank if you have a current mortgage with them to see if you have any options relating to blending your mortgage or porting it in the event you are moving to a new location. Even if you are looking to purchase a rental, a broker can assist with refinancing your current mortgage or providing you with a second mortgage to assist with the down payment on a new property.

Home inspectors in Ontario are presently not regulated, however, the province is looking into new legislation to regulate the house inspection industry. To find a qualified inspector, it would be suggested to consult The Ontario Association of Home Inspectors, given, it is the only recognized body of home inspectors in the province of Ontario to be known of at the time of this publication. For further information, it is best to consult their website when seeking out a qualified home inspector.

The city of Mississauga has competent real estate lawyers that can assist clients by ensuring all real estate transactions proceed smoothly and have all legal documents completed in a timely manner. Moreover, a real estate lawyers’ main priority is to ensure their client’s rights are protected during the purchase, 2nd mortgage or mortgage refinancing process. In the event you require assistance in the form of a referral to any of the above listed real estate professionals, please do not hesitate to contact at the number below.

Victor Kaushal

Providing remote signing services all across Ontario.

The city of Mississauga is a large Canadian city that neighbours the city of Toronto on Lake Ontario. The city extends on the lakefront with a community know as Port Credit, that has shops, a fully functional lighthouse along with a marina and a grounded freighter. There are multi-functional trails that wind through the city’s parks and woodlands. In the centre of this sprawling city, a well know icon for festivals known as Mississauga Celebration Square hosts multicultural festivals and has a skating rink in winter. The city is also know as having several large shopping malls, with square one being the flagship destination located in the heart of the city.

The growth of Mississauga is generally credited to its overall proximity to the city of Toronto. Over the past few decades, the city has attracted a multicultural population and built up a progressive and thriving business community. Malton, which is a subdivision of the city,  is known to be the home of the Toronto Pearson International Airport, the country’s busiest airport, and headquarters to many national and multinational companies. Most of Mississauga’s population is spread out amidst communities that are located on and named on the basis of previous Native Canadian villages and hamlets that existed prior to the amalgamation of the city.

Driving Directions from Pearson Airport to Best Refinance:  Continue to ON-409 E then head west and keep right, follow signs for ON-409 E/ON-401 E/ON-427 N. Take ON-427 S and ON-403 W to Hurontario St. Take exit 119 from ON-403 W  and continue onto ON-409 E then use the right 3 lanes to merge onto ON-427 S toward ON-401 W. Use the right 2 lanes to take the ON-401 W exit then keep left, follow signs for Brampton/Hamilton and keep left at the fork, follow signs for ON-403/Hamilton/Queen Elizabeth Way. Keep left, follow signs for ON-403/Hamilton and merge onto ON-403 W then use the right 2 lanes to take exit 119 for Hurontario Street and follow Hurontario St and Burnhamthorpe Rd W to Duke of York Blvd. Use the left 2 lanes to turn left onto Hurontario St (signs for Hurontario Street S/ON-10 S) then turn right onto Burnhamthorpe Rd W and turn left onto Duke of York Blvd and you will find Best Refinance office on the right side.

Driving Directions from Ryerson University to  Best Refinance: Get on Queen Elizabeth Way from Confederation Pkwy and Hurontario St then head southeast on Duke of York Blvd toward Webb Dr and turn right onto Webb Dr. Turn left onto Confederation Pkwy then turn left onto Floradale Dr and floradale Dr turns right and becomes Hurontario St. Use the right lane to merge onto Queen Elizabeth Way via the ramp to Toronto then follow Queen Elizabeth Way and Gardiner Expy E to Old Toronto, Toronto. Take exit 155 from Gardiner Expy E. Merge onto Queen Elizabeth Way and keep left to continue on Gardiner Expy E, follow signs for Toronto then continue straight to stay on Gardiner Expy E and use the middle lane to stay on Gardiner Expy. Take exit 155 for Jarvis Street and take Lower Jarvis St and Jarvis St to Church St then slight left toward Lower Jarvis St and use any lane to turn left onto Lower Jarvis St then continue onto Jarvis St and turn left onto Richmond St E then turn right onto Church St you will find Best Refinance in there.

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mortgage broker mississauga
Mississauga Celebration Square

A vibrant hub, where the folks across the GTA and the world congregate to explore and celebrate the diversity of the region. There are activities such as yoga, fitness boot camps and even movie screenings in the evening that showcase a wide array of films in an outdoor setting for residents and visitors alike to enjoy.

Square One Shopping Centre

Square One Shopping Mall is one of Canada’s leaders in fashion, lifestyle, and entertainment options in the region of Peel. In addition to being recognized for its diverse selection and dedication to guest services, The centre continues to renovate, expand, and provide innovative, fashion experiences, along with campaigns and social media collaborations. This is by far the largest shopping centre in the province of Ontario at 2.2 million square feet, and one of Canada’s top ten malls, where shopping is concerned.

Art Gallery Of Mississauga

The Art Gallery of Mississauga (AGM) is a public, not-for-profit, art gallery which is located in the Mississauga Civic Centre, across from the Square One Shopping Centre. The AGM is supported by the City of Mississauga, the Ontario Arts Council, the Canada Council for the Arts, the Ontario Trillium Foundation,  and many private citizens and its members. As a prestigious public gallery coupled with a strong community connection, the AGM has a mandate of in assisting visitors as they learn about art. The gallery also offers guided tours, engaging talks, and workshops for learners, as well as youth programs for schools, universities and community groups.

Common Questions People Ask:

How much do mortgage brokers charge in Ontario?

The commissions for mortgage brokers do vary according to your personal circumstances. If you are fully qualified with an A lender, you could pay anywhere from 0% to 1% in fees. Typically, consider a range between 0.5% and 1.2% of your full mortgage amount. For more complex transactions, that may include second mortgages, the fee could range from 3% to 6%. Again, the fees are assessed on a case by case basis and are determined to be fair given market conditions.

Is it cheaper to get a mortgage through a broker?

When looking for the best options where a mortgage is concerned, we usually recommend that our clients try to find the best option with their primary bank. We believe, if you have an established relationship, it may make sense to speak to the bank and get your options where you pay no broker fees. In other instances, the banks are unable to assist clients with second mortgage options or mortgage refinance choices and that’s where a broker can come to your assistance. There are many 2nd mortgage providers in the market, and a mortgage professional in Mississauga will be able to assist you in getting the best deal.

What is the average fee for a mortgage broker?

Again, this is one of those questions that is subjective and varies on a case by case basis. For most A deals the fee can be as low as 0%- some brokers, however, can earn up to 2.75% of the total loan amount. A professional broker will ensure that your rights and bottom line are protected, where acquiring the mortgage is concerned. If your situation is very complex, a broker may not be compensated by a mortgage investment corporation or private lender as the case dictates. In these cases, the fees will likely be paid from proceeds and disclosed to you in writing.

Is it worth getting a mortgage broker?

When it comes to getting your best mortgage refinance and second mortgage options, a broker is perhaps your best bet in the market place. If you want to find access to home loans, a free consultation can give you an idea as to what to expect where mortgage interest rates are in the market, and can prove to be invaluable. Many lenders in the subprime realm may not advertise their rates or products on a large scale and rely on brokers to bring them business. Some of these mortgage options can be very beneficial, if you are looking to qualify for a mortgage on equity only basis, where your income may not be a dominating factor.

Do all mortgage brokers charge a fee?

No. Not all transactions incur a fee that is paid by the borrower to the broker. For example, A deal lenders will usually compensate the mortgage broker directly. Depending on the complexity of the file, there may be a nominal fee or none at all paid on the transaction. In some cases, lenders may pay 0.37% of the mortgage loan amount to the mortgage professional as compensation. Rest assured, the fees and costs payable by the mortgagor will all be disclosed to you in writing for your review and signature.


Mortgage Broker Mississauga – Expert Mortgage

Mississauga, ON L5J 1W8




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