Stress-Free Home Buying with the Best Mortgage Broker in Waterloo
Looking to buy a home in Waterloo? Our expert mortgage brokers make the process simple, fast, and stress free so you can focus on what matters most, your new home.
Guiding you to the right mortgage with ease and the best rates
We help people from all walks of life find the right mortgage without the stress. Whether you are buying your first home, moving up to something larger, refinancing to lower your payments, or investing in real estate, we listen to your needs and guide you step by step.
Our team knows the Waterloo market inside and out. We work with many lenders to find you the best rates and terms. We explain everything in plain language and answer all your questions. You can talk with us online, by phone, or in person whichever works best for you.
Many clients say we are the best mortgage broker in Waterloo because we treat everyone with honesty, patience, and respect. No pressure, no confusing jargon, just real support when you need it.
Ready for a simple, clear mortgage experience? Get in touch and let’s make it happen together.
We work with dozens of lenders to find you low mortgage rates, fair fixed or variable options, and flexible repayment plans. You’ll get one-on-one help from a local advisor who knows Cambridge’s neighbourhoods and market trends.
We handle the paperwork, explain every fee, and move fast so you don’t miss out. Ready to get started? Let’s talk and find the right mortgage plan for you.
Our Expertise With Mortgage in Waterloo
Deep knowledge, clear advice, and smart mortgage solutions in Waterloo
- Neighbourhood Knowledge: From the Uptown buzz to Bridgeport charm and the quiet streets of North Dumfries, we know the neighbourhoods, schools, and market trends that matter most to you.
- Wide Lender Network: We work with major banks, credit unions, and private lenders to find the best rates and terms that fit your needs.
- Special Focus on Students and Tech Pros: With two big universities and a growing tech community, we create mortgage programs that suit the unique cash flow and career paths of students, faculty, and tech workers.
- Local Roots: AJP Mortgage began right here in Waterloo and has grown with the community. We live and work where you do, so we truly understand what makes this area special.
- Fully Licensed and Proud Members: We hold an active FSRA licence and are members of the Canadian Mortgage Brokers Association. Our tech-savvy approach helps make your mortgage process faster and easier.
Our Mortgage Services
We provide mortgage solutions designed for your unique needs. Plus, we help with mortgage renewals to keep your financing competitive as your goals change and grow.
Residential Mortgages
We help first-time buyers with low down payment programs and assist growing families moving up. We guide you through government incentives and find the best mortgage for your needs.
Refinancing
Lower your interest rate, tap into your home equity for renovations or debt help, and switch lenders for better terms.
Renewal and Restructuring
Get advice on when to lock in rates, change your payment schedule, and renew your mortgage without penalties.
Investment Property Mortgages
We offer financing for new and experienced investors, including help with rental income and multiple properties.
Commercial Mortgages
Flexible options to buy or refinance commercial properties tailored to your business.
Home Equity Lines of Credit (HELOCs)
You can draw on your equity for improvements or emergencies with easy repayment.
Debt Consolidation
We combine your high-interest debts into one simple mortgage payment to save you money.
Mortgage Pre-Approval
Get your budget set and make stronger offers with a quick pre-approval.
Mortgage Insurance Guidance
We explain your insurance options, help lower your premiums, and guide you to any government programs.
Benefits of Working with AJP Mortgage
Curious about Cambridge’s housing market? Here’s what’s driving prices up and what lower interest rates mean for you.
- Personalized Service: You get your own broker who really listens and builds a plan around what matters to you.
- Expert knowledge: With years of local experience, we know how markets change and which lenders to trust.
- Competitive Rates: We tap into special deals and fight to get you the lowest cost possible.
- Streamlined Process: Quick digital pre approvals, clear checklists and just the paperwork you need to keep things moving.
- Wide lender Network: More lenders means more choices and a better shot at approval.
- Clear Communication: We explain every step in plain language and keep you in the loop from start to finish.
- Flexible Appointments: We fit into your life with virtual or in person meetings at times that work for you.
- Trusted Advice: Our focus is on what’s best for you, not just closing a deal.
- Ongoing Support: After your mortgage closes we’re still here to help with renewals and your next steps.
Why Choose Us?
Looking for more than just a mortgage? Get honest advice, great rates, and support that actually feels personal.
Local Expertise and Community Roots
We live and breathe Waterloo. Our strong network connects with community groups, local businesses, and schools.
Trusted by Local Families and Homebuyers
Hundreds of clients in Waterloo have counted on us to guide them through the mortgage process with confidence and care.
Truly Independent Advice
We’re not tied to any bank. Our only goal is to find what works best for you, with honest advice and full transparency.
Support for the Tech and University Crowd
We offer flexible mortgage options for staff, faculty, and students at the University of Waterloo and Laurier, with solutions that match your career path and future plans.
Mortgage Plans That Fit You
No one-size-fits-all here. We take time to understand your situation and build a mortgage strategy around your life and goals.
Fast, Clear, and Always Available
We keep things simple and make sure you’re never left guessing. Quick responses, clear answers, and open communication throughout.
Waterloo Mortgage Market Insights
Get the latest on home prices, rates, and trends shaping the Waterloo market
Home Prices
- Detached: ~$900,000
- Condos: ~$450,000
- Townhomes: $650,000 to $750,000
- Prices vary by area like Uptown, Laurelwood, Doon
Interest Rates
- Variable rates slightly down
- 5-year fixed around 4.5%
- Shorter terms may cost more
- Rate holds help lock in today’s rate
Demand Drivers
- Tech jobs boost housing needs
- Universities create strong rental demand
- Low vacancies and steady rental income
- High interest in properties near schools and tech hubs
This information is for general use and may change over time. Check with our mortgage expert before making any decisions.
How We Work?
From your first question to your final approval, we work closely with you to make mortgage decisions simple, fast, and tailored just for you.
Free Initial Consultation
We start with a friendly chat, either in person at our downtown office or over a quick virtual call. It’s a chance to get to know each other and talk about what you need.
Document Gathering and Pre-Approval
You send us a few basic documents and we get working on your pre-approval. Most people hear back within 24 to 72 hours.
Rate Negotiation and Lender Selection
We search across different lenders to find you the best rate and mortgage options that match your situation.
Application Processing and Submission
Once you’re ready, we put everything together and submit your application. We handle the details so you don’t have to worry about paperwork.
Approval to Closing Support
We guide you from the moment you get approved to the day you sign the final papers. We also work closely with your lawyer to make sure everything is smooth.
Ongoing Advice and Renewal Reminders
When your mortgage term is coming up for renewal, we check in and show you the best new options so you’re always in a good spot.
Flexible Communication
You can call, text, or email us anytime. We keep things easy and are quick to respond.
Post-Closing Check-Ins
Even after everything’s done, we stay in touch. If your plans change or you need advice, we’re always here to help.
Frequently Asked Questions
Find the Information You Need to Make Informed Decisions.
How long does pre approval take?
Typically between 24 and 72 hours once documents are submitted.
What affects my mortgage rate?
Credit score income stability down payment size and market conditions all play a role.
Can I lock in my rate before closing?
Yes you can secure a rate hold for up to 120 days with many lenders.
What are typical closing costs in Waterloo?
Plan for legal fees appraisal title insurance and land transfer tax usually totalling about 1.5 to 2 percent of purchase price.
Do I need a big down payment?
First time buyers can qualify with as little as 5 percent down on homes up to $500 000.
I’m self employed can I still qualify?
Absolutely we have specific programs that accept bank statements or revenue deposits in place of traditional pay stubs.
Out of 5
What Our Clients Say
Smooth First Home Purchase
AJP Mortgage guided me through my first home purchase and explained every step in clear simple terms. I never felt overwhelmed, and everything went exactly as planned.
Emma Thompson
Big Monthly Savings on Refinance
They secured me a refi rate that saved me $300 each month and handled the entire process remotely. It was efficient and stress free.
Raj Mehta
Debt Consolidation Made Easy
I used my home equity to pay off high interest debt, and AJP Mortgage made the process quick and easy. Now I have just one low monthly payment