Ontario mortgages. Personally guided.

What changes when you buy in Ontario?

Ontario land transfer tax is part of most purchase budgets. Toronto adds its own municipal land transfer tax. Eligible first-time buyers may receive refunds, but residency, ownership history and other conditions must be checked. Ontario sales tax on mortgage default insurance must be paid in cash at closing.

Buying, renewing or building your next investment

We discuss lender options for residential purchases, renewals, refinancing, self-employed applicants, investment properties and commercial financing. Compare the complete borrowing cost, prepayment flexibility and conditions alongside the rate. Private financing needs a realistic exit plan and careful review of fees.

Prepare for your conversation

• Your purchase price or current mortgage balance and renewal date.
• Your income sources, employment or business history and monthly debt commitments.
• Your available down payment, its source and a separate closing-cost budget.
• The property location, intended use and any financing-condition deadline.

Use the enquiry form for an introduction. We will discuss a suitable process for financial documents separately; do not send a SIN or account details through this website.

Moving between Ontario and Alberta?

Talk through the sale and purchase dates together. Bridge financing, portability and qualification depend on the lender and transaction. Your current mortgage may not transfer automatically, and an early payout can create a penalty.

Ontario mortgage questions

What cash do I need beyond the down payment?

Allow for land transfer tax, legal costs, adjustments and other property-specific expenses. Toronto has an additional municipal land transfer tax. Eligibility for a federal first-home program does not automatically establish eligibility for Ontario’s first-time homebuyer refund.

Ontario first-time homebuyer refund rules

Can rental income from an additional unit help me qualify?

The lender determines which rental income and documents it can accept. Municipal permissions and registration must be checked separately; a legal unit does not guarantee that all projected rent will qualify.

Must I renew with the same lender?

You can compare other lenders. A new lender still assesses the application, and switching may involve discharge, appraisal, registration or legal costs. An increase in borrowing is different from a straight switch.

Compare renewal and switching options