Your Go-To Residential Mortgage Broker in Canada
Personalized Mortgage Solutions Designed to Fit Your Homeownership Goals, Providing Exceptional Service and the Best Rates Available.
Top Residential Mortgage Broker in Canada
Ready to secure your dream home with Canada’s top mortgage broker? Don’t miss out on the best rates and expert guidance!
At AJP Mortgage, we understand that it is quite hard to find the perfect home with the best mortgage rate. It is also becoming overwhelming to secure the right residential mortgage. But you need not worry anymore; we are the best residential mortgage broker in Canada with years of experience. If you are looking for a residential mortgage in Toronto, we are committed to guiding you through every step of the mortgage process.
Whether you are a first-time homebuyer or have switched plenty of residential properties, we make sure to provide you with a great experience with your house mortgage. You don’t need to worry about anything — we offer a wide range of mortgage options to select from, making it a stress-free experience for home buyers.
You can calculate your mortgage payments below with our mortgage calculator to get an estimate that suits your budget. You are just one step away from getting your new home at the best possible residential mortgage rates.
Residential Mortgage Ontario
Top Residential Mortgage Broker in Ontario – Proudly Setting the Standard
Mortgage Types and Benefits
Explore our variety of mortgage options tailored to fit different financial needs and goals:
Fixed-Rate Mortgages
With a constant interest rate throughout the loan term, enjoy stable monthly payments and predictability, making it ideal for homeowners seeking consistency and planning to stay long-term.
Variable-Rate Mortgages
Interest rates fluctuate based on market conditions, offering lower initial rates but variable payments. These are suitable for those who expect rates to stay low or plan to move soon.
Adjustable-Rate Mortgages
Start with a fixed rate for a set period before adjusting with the market. Benefit from lower initial rates, but be prepared for potential increases in payments after the fixed period, typically between 1 to 7 years.
First-Time Homebuyer Mortgages:
Special programs designed for new buyers offering attractive rates, assistance with down payments, and financial support—perfect for first-time buyers needing extra help to get into their first home.
Refinancing Options
Refinance to lower your interest rate, consolidate debt, or access extra funds through cash-out refinancing. We provide expert guidance to find the best refinancing options for your situation.
Canadian Residential Mortgage Rates
Discover the latest mortgage rates in Canada, influenced by several factors:
Key Factors: Mortgage term, type (fixed or variable), down payment, amortization period, and lender all impact the rates.
Current Rates: The lowest 5-year fixed rate is around 4.19%, but rates can fluctuate.
Important Considerations: Lenders use a stress test to ensure you can manage potential rate increases. For high-ratio mortgages (less than 20% down payment), additional insurance is required.
Compare rates and consult a mortgage professional to secure the best deal for your needs.
Multi Unit Residential Mortgage Canada
If you’re looking to finance a property with multiple rental units, such as duplexes or triplexes, you’ve come to the right place. Our multi-unit residential mortgages are designed to provide flexible options for both purchases and refinancing.
Key Features
Finance multiple units, whether you’re buying or refinancing, with rental income helping to support your mortgage application. We offer flexible loan terms to suit your specific financial goals.
Benefits
Maximize your income potential by earning rent from multiple units. This is an excellent option for expanding your real estate investments, with reduced risk from vacancies due to having several tenants.
When Suitable
Perfect for investors seeking rental properties or current property owners looking to purchase or refinance multi-unit buildings, helping you grow your portfolio and income streams.
Residential Mortgage Lenders
Connect with Top Residential Mortgage Lenders for the Best Financing:
We help you find the ideal financing for your home by partnering with leading mortgage lenders.
Key Features: Access diverse lenders, competitive interest rates, and solutions tailored to your specific financial needs.
Benefits: Enjoy a variety of lender options, expert guidance through the process, and the potential for better deals with lower rates and favorable terms.
When Suitable: Perfect for homebuyers seeking new financing or homeowners looking to refinance for better mortgage terms.
Why Choose Our Residential Mortgage Services?
Explore the advantages of working with a residential mortgage broker.
Expertise and Knowledge
Deep understanding of the industry and ability to manage complex mortgage situations.
Access to a Wide Network
Link with banks, credit unions, and private investors to discover the most suitable financing options.
Tailored Solutions
Offer personalized mortgage plans designed to meet the unique needs of various property types.
Time and Effort Savings
Manage paperwork and application processes, helping you save time and reduce stress.
Negotiation Power
Secure favorable loan terms, better interest rates, and more advantageous repayment schedules.
Streamlined Process
Oversee document collection and submission, simplifying the application process.
Market Insight
Provide current market conditions and guidance to help you make informed decisions.
Ongoing Support
Assist with refinancing and loan adjustments, offering continued support beyond the initial mortgage.
Frequently Asked Questions
Find the Information You Need to Make Informed Decisions.
Why should I use a mortgage broker instead of going directly to a bank?
A mortgage broker offers access to multiple lenders, which means more options, better rates, and personalized service to find the right mortgage for you.
Can a mortgage broker help if I have a low credit score?
Yes, a mortgage broker can help by connecting you with lenders who offer specialized programs for those with less-than-perfect credit, increasing your chances of approval.
How long does it take to get approved for a mortgage through a broker?
The approval process usually takes 1 to 4 weeks, depending on your financial situation and how quickly you provide the required documents.
What documents will I need to provide to a mortgage broker?
You’ll typically need to provide proof of income, identification, recent bank statements, employment history, and details of any existing debts.
Out of 5
What Our Clients Say
First Time Homebuyer
Moving from Ontario to BC was a big change for us, but AJP made securing our new mortgage incredibly easy. We were able to settle into our new home without any hassle. Highly recommend their services!
Sarah Evans
First Time Homebuyer
As a first-time homebuyer, I needed a straightforward mortgage, and AJP delivered! They found me a fantastic deal that made my homebuying journey a breeze. I couldn’t be happier with my experience!
Lisa
Investment portfolio
I was looking to buy another property to expand my investment portfolio, and AJP provided a tailored mortgage that perfectly aligned with my goals. Their support helped me grow my investments seamlessly.”