Your Trusted Residential Mortgage Broker in Canada with AJP Mortgage
Personalized Mortgage Solutions to Help You Achieve Your Homeownership Goals with the Best Rates and Exceptional Service
Reliable Residential Mortgage Broker in Canada
Buying a home or refinancing in Ontario should be exciting, not stressful. At AJP Mortgage, we make it simple and personal. Whether it’s your first home, a refinance to get better rates, or an investment property, we help you find the residential mortgage loan that works for you.
We work with over 50 lenders to offer the best residential mortgages. From getting pre-approved quickly to handling all the paperwork, we guide you every step of the way and keep you in the loop.
With our help, you can focus on buying your dream home, saving on your mortgage, or growing your investments while we take care of the details and make sure you get the right residential home mortgage.
About Andrew Patricio
Level 2 Mortgage Broker You Can Trust
I’m Andrew Patricio, the founder of AJP Mortgage. I help families and individuals across Ontario find mortgages that fit their needs. My focus is on keeping things simple, clear, and personal.
Whether you’re buying your first home, refinancing, or investing, I guide you every step so you feel confident and stress-free.
Why work with me:
- Licensed Level 2 Mortgage Broker: Experienced and professional.
- Client-focused approach: I listen and find solutions that match your situation.
- Wide lender network: Over 50 lenders to get you the best rates and options.
- Ontario expertise: Local knowledge for Kitchener, Waterloo, Mississauga, Toronto, and beyond.
- Long-term support: I stay in touch for renewals, refinancing, or future mortgage needs.
With me, getting a residential mortgage is simple, clear, and guided every step of the way.
Types of Residential Mortgages We Deal With
When you are exploring mortgage options, it helps to know the different types available. Each comes with its own benefits, depending on your goals and situation.
Fixed-Rate Mortgage
Your interest rate stays the same for the entire term. This gives you predictable monthly payments and stability, which is great if you like consistency.
Variable-Rate Mortgage
The rate can change with the market. It often starts lower than a fixed rate, which can save money, but it also comes with more risk.
Open Mortgage
Offers flexibility to pay off your loan anytime without penalty. It works well if you plan to sell or expect extra funds soon.
Closed Mortgage
Usually has lower rates than an open mortgage but limits how much you can pay off early. Good for buyers who prefer lower rates and are fine with a set plan.
Convertible Mortgage
It starts as an open mortgage with flexible repayment options, and you can switch to a closed mortgage later if you want stability and lower rates.
High-Ratio Mortgage
If your down payment is less than 20 percent, this type requires mortgage insurance but makes it possible to buy a home sooner.
Conventional Mortgage
When you put at least 20 percent down, you avoid mortgage insurance, save on costs, and gain more flexibility with your loan options.
Why Choose a Residential Mortgage Broker?
More Choice More Savings Less Stress
When you are getting a mortgage, you have two choices. You can go straight to the bank or you can work with a broker. Here is why many people prefer a broker:
- More options: A broker works with many lenders, not just one bank. This gives you more choice and a better chance of finding the right fit.
- Better rates: With more lenders competing, you often get a lower rate than if you only went to one bank.
- Clear advice: Mortgages can feel confusing. A broker explains everything in simple language so you know exactly what you are signing up for.
- Less hassle: You do not need to run around comparing banks. Your broker does the research, paperwork, and follow-ups for you.
- Special programs: First-time buyers, self-employed clients, or people refinancing often qualify for programs that banks might not mention. A broker makes sure you know your options.
- Help for the long run: Even after your mortgage is approved, a broker is there to support you with renewals, refinancing, or future plans.
A broker’s job is simple. They work for you, not the bank, and their goal is to make your mortgage process smooth and stress-free.
How We Help With Residential Mortgages?
Working with a mortgage broker makes the whole process less stressful and more personal. At AJP Mortgage, we focus on what matters to you and guide you step by step. Here’s how we make things easier:
Finding the right fit
We listen to your goals and find mortgage options that actually match your needs instead of just what the bank wants to give you.
Access to many lenders
With over 50 lenders to choose from, including banks, credit unions and private options, you get more choice and a better chance of approval.
Clear explanations
We keep things simple by explaining every detail in plain language so you always know exactly what is going on.
Saving you time and money
You do not need to run around comparing banks. We do the research for you so you save time and often money too.
Support from start to finish
From pre approval to closing day, we are with you at every step to answer questions and solve problems quickly.
Key Areas We Cover in Canada
Local Expertise with Nationwide Reach
At AJP Mortgage, we help clients all across Ontario. Our local knowledge and lender connections make it easier for you to get the right mortgage wherever you are.
- Kitchener, Waterloo, and Cambridge: First-time buyers, refinancers, and investors all trust us here.
- Mississauga and Toronto: Urban homes, condos, and investment properties made simple.
- Ottawa and Surrounding Areas: Helping homeowners and investors secure the best deals.
- Other Major Ontario Cities: From London to Hamilton, we guide clients with the same personal care.
No matter where you are in Ontario, we make the mortgage process simple, clear, and stress-free.
Benefits of Using a Mortgage Broker in Canada
Find out the real advantages of working with a mortgage broker instead of going straight to the bank.
Access to multiple lenders
Brokers work with dozens of banks, credit unions, and private lenders, giving you more options than approaching a single bank. This wide access helps you compare different rates and terms in one place.
Time and stress savings
Instead of calling multiple lenders, filling out endless forms, and comparing details yourself, a broker does the heavy lifting. They streamline the process, making things faster and less overwhelming.
Expert advice tailored to you
Every buyer’s situation is unique. A broker takes time to understand your income, goals, and future plans, then suggests mortgage solutions that actually fit your lifestyle.
Better interest rates
Since brokers negotiate daily and handle large volumes of mortgages, they often secure lower rates that might not be available directly to individual borrowers. This can save you thousands over the life of your mortgage.
Help with complex cases
If you’re self-employed, new to Canada, or dealing with credit challenges, getting approved can feel impossible. Brokers know which lenders are flexible and can match you with programs designed for your situation.
Guidance beyond approval
A good broker doesn’t stop once you’re approved. They guide you through closing, explain fees clearly, and even check in after the mortgage is in place to help you with renewals or refinancing later.
Residential Mortgage Insights
Insights That Make Homeownership Easier
We believe that an informed client makes better decisions. Here are some key insights that can help you navigate Canada’s mortgage market:
- Interest Rates: Know the difference between fixed and variable rates and how they affect your payments.
- Down Payment Requirements: Minimums vary depending on property type and buyer status.
- Mortgage Terms: Shorter terms may have higher payments but save interest, while longer terms offer flexibility.
- Pre-Approval Advantage: Getting pre-approved strengthens your offer and helps you shop confidently.
- Refinancing Opportunities: You can lower payments, access equity, or switch lenders for better rates.
- Special Programs: First-time buyer incentives, self-employed programs, and investment property solutions are available.
These insights help you make smarter decisions and feel confident throughout your mortgage journey.
The Mortgage Process Made Simple With AJP Mortgage
The mortgage process does not have to be confusing. With AJP Mortgage, you get clear guidance, smart lender options, and full support so you always know what comes next.
Initial Chat
We start by understanding your goals, budget, and what type of home you’re looking for.
Gather Documents
You provide income, ID, and basic financial details so we can assess your options.
Check Affordability
We calculate how much you can borrow and explain what fits comfortably.
Explore Lenders
We compare offers from multiple lenders to find the one that works best for you.
Submit Application
Your mortgage application is prepared and sent with all supporting documents.
Get Approval
Once the lender reviews your file, you receive a pre-approval or final approval.
Finalize Details
We go through the terms, conditions, and rates together before you sign.
Close with Confidence
The deal is completed, and you’re ready to move into your new home.
Tips for First-Time Buyers and Investors
Helpful Tips for Homebuyers and Property Investors
Whether you’re buying your first home or investing in property, these tips can help you make smart decisions:
- Get Pre-Approved Early: Knowing your budget upfront helps you shop with confidence and strengthens your offer.
- Understand Your Finances: Keep track of income, debts, and credit score. This helps you choose the right mortgage and avoid surprises.
- Consider Long-Term Goals: Think beyond the immediate purchase. Factor in future renovations, property taxes, and potential resale value.
- Explore All Mortgage Options: Fixed, variable, and hybrid mortgages each have benefits. A broker helps you choose the one that fits your situation.
- Location Matters: For investors, consider neighborhoods with growth potential and rental demand. First-time buyers should balance convenience and affordability.
- Don’t Skip Professional Advice: Brokers, real estate agents, and accountants can provide insights that save time, money, and stress.
- Plan for Additional Costs: Closing fees, insurance, and moving costs add up. Include them in your budget to avoid surprises.
Stay Flexible: The real estate market can change. Being open to options and having a trusted broker makes the process smoother.
Common Mistakes to Avoid When Choosing a Mortgage Broker
Here are a few simple and engaging hook options for Common Mistakes to Avoid When Choosing a Mortgage Broker:
Not Checking Credentials
Make sure your broker is licensed and in good standing. This shows they are professional and trustworthy, so you can feel confident your mortgage is in safe hands.
Choosing Based on Rates Alone
The lowest rate is tempting, but it is not always the best choice. A good broker looks at your goals and long-term plan to help you pick the mortgage that really works for you.
Ignoring Reviews and References
Past clients can tell you a lot about how a broker works. Checking reviews or asking for references helps you know if they are reliable and easy to work with.
Not Asking About Lender Options
Some brokers only work with a few lenders. Make sure yours can offer many options so you get a mortgage that fits your needs.
Overlooking Hidden Fees
Ask about any fees, penalties, or extra costs up front. This keeps you from getting surprised and helps you stay on budget.
Skipping Personal Compatibility
You will be working closely with your broker, so choose someone you like, who listens, and explains things clearly. It makes the whole process much easier and less stressful.
Frequently Asked Questions
Wondering about the mortgage process? Let us answer your most common questions!
How much mortgage can I actually qualify for in Ontario?
It depends on your income, debts, credit score, and the type of property you’re buying. We help calculate your borrowing capacity and show you realistic options.
What’s the minimum down payment for a first home?
For first-time buyers, you can put down as little as 5 percent. We’ll guide you through the rules and show how different down payments affect your mortgage.
Can I get a mortgage if I’m self-employed or freelance?
Yes. We know which lenders are flexible with self-employed incomes and help present your finances in the best way to secure approval.
How long does the mortgage process usually take?
From pre-approval to closing, most clients complete the process in a few weeks. We handle the paperwork and follow-ups to keep things moving smoothly.
Are there hidden fees when working with a broker?
No. Everything is transparent. You get expert guidance without paying extra, as most brokers are compensated by the lender.
Can a broker help me later with refinancing or another property?
Absolutely. We support you long after your mortgage closes, whether it’s renewing, refinancing, or investing in additional properties.
Out of 5
What Our Clients Say
Smooth and Simple Process
Buying my first home felt overwhelming, but AJP Mortgage guided me step by step. They explained everything clearly and got me a great rate.
Alex Thomas, Kitchener
Helpful and Honest Advice
I am self-employed, and I thought getting approved would be hard. AJP Mortgage found the right lender and made the process straightforward.
Rachel Smith, Waterloo
Support Beyond Closing
Even after our mortgage was approved, AJP Mortgage checked in and offered advice on future renewals. It feels great to have ongoing support.
James Patel, Ottawa
Get Started With Your Residential Mortgage Today!
Take the First Step Toward Your Dream Home
Finding the right mortgage doesn’t have to be stressful. At AJP Mortgage, we guide you every step of the way, whether you’re a first-time buyer, refinancing, or investing in property.
- Market Insights: Stay informed about the latest mortgage trends and rates.
- Future Planning: We help you plan for long-term goals like faster repayment or building equity.
- Problem Solving: We find solutions for credit issues or unique income situations.
- Education Along the Way: Understand every term and option clearly.
- Renewal Strategy: Get a plan for future renewals and refinancing to save money.
- Exclusive Products: Access lender deals and products not available directly to the public.
Ready to take the next step? Book a free consultation today and let’s find the right mortgage for you.
