Mortgages Toronto
One application. Sixty-plus lenders competing. An agent who works for you, not for a bank.
Buying, renewing, refinancing, or financing a commercial or construction project in Toronto - Mortgages Fast places the file with the lender whose guidelines actually match it, and shows you every number before you sign.
Free consultation. No obligation. All mortgages are subject to lender approval and property qualification.
A Toronto mortgage is not a generic mortgage.
Prices here sit well above the national average, which pushes a large share of purchases past the insured ceiling and into uninsured pricing. Buyers pay land transfer tax twice - once to Ontario and once to the City of Toronto. Condo files bring status certificates, reserve funds, and lender views on specific buildings. Freehold files in Leslieville, Scarborough, or Etobicoke bring bidding wars and firm offers with no financing condition.
None of that shows up in a national rate table. It shows up in whether your approval survives the appraisal, whether your lender will fund that particular condo corporation, and whether the penalty on your five-year fixed is calculated in a way that quietly costs five figures if life changes in year three.
That is the work: reading your situation, matching it to a lender that wants it, and being straight with you about the trade-offs. Text or call (647) 342-1355 and we will start with the numbers, not a pitch.
One application, many lenders
Banks, credit unions, monolines, B lenders, MICs, and private investors - one credit pull, competing offers, your choice.
The lender usually pays us
On standard residential files the lender pays the brokerage fee, so the advice costs you nothing. Any exception is disclosed in writing first.
Answers the same day
Text-first, open 24 hours. Offer nights and financing deadlines do not wait for business hours, so neither do we.
Terms, not just rate
Prepayment privileges, penalty calculation, portability, and collateral charges decide what a mortgage really costs. We read them out loud.
Every kind of Toronto mortgage, under one roof.
First-time buyers through to seasoned investors and business owners. If the property is in the GTA, there is almost always a lender for it.
Buying in Toronto
Pre-approvals that hold a rate, firm approvals that close on time, and down payment structures that work with insured, insurable, and uninsured pricing.
Renewals and switches
Your lender's renewal letter is an opening offer. We shop it four months out and switch you if the market is better.
Refinancing and equity
Consolidate debt, fund a renovation, or free up a down payment for the next property - up to eighty percent of appraised value.
Self-employed and new to Canada
Bank statement programs, stated income, and lenders that read a business the way an accountant does rather than a scoring model.
Commercial and construction
Multi-residential, mixed-use, retail, industrial, land, and draw-based construction financing across the GTA.
Private and second mortgages
Equity-based approvals when the banks say no - arrears, power of sale, builder closings, and short-term bridges.
From first text to keys in hand.
1. A ten minute conversation
What you are buying or refinancing, roughly what you earn, what you owe, and what you have for a down payment. No credit pull to start.
2. We shop the market
Your file goes to the lenders whose guidelines fit it. You get the rate, the term, the penalty structure, and the total cost side by side.
3. Approval and conditions
Pick the option, we collect documents once and satisfy conditions properly so nothing surprises you a week before closing.
4. Close, then stay in touch
Your lawyer closes it. We diarize your maturity date and come back before renewal so you never sign a letter by default.
What lenders are really looking at.
Four things decide almost every residential file: how your income is documented, how much other debt you carry, how much you are putting down, and how the property is viewed. The stress test then requires you to qualify at a rate higher than the one you will actually pay, which shrinks the maximum purchase price for everyone equally.
Where lenders differ is in the details - how bonus and commission income is averaged, whether rental income is offset or added, how a car lease is treated, what they think of a small condo or a live-work unit. Those differences routinely swing approval amounts by six figures on the same application.
Paying down a credit line, restructuring a car payment, or documenting income one quarter earlier can move you into a different tier. That conversation is worth having before you shop, not after an offer is accepted.
Find out what you actually qualify for.
Text or call (647) 342-1355. Free, no obligation, and no credit pull to start.
Toronto mortgage questions, answered.
What does a Toronto mortgage broker actually do?
A broker is your agent, not the lender's. We take one application, package it properly, and shop it across banks, credit unions, monoline lenders, B lenders, and private investors. You get competing offers side by side instead of a single bank's answer, and the lender pays the brokerage on most standard residential deals.
Does using a mortgage broker in Toronto cost anything?
On a typical residential purchase, refinance, or renewal the lender pays us a finder's fee, so there is no cost to you. Where a file needs a private or specialty lender, fees are disclosed in writing before you commit. Nothing is ever charged without your signature.
How much can I borrow for a Toronto home?
It comes down to income, existing debt payments, down payment, and the stress test. Lenders look at how much of your gross income goes to housing costs and to total debt. Two households with the same salary can qualify very differently depending on car loans, credit lines, and how income is documented - which is exactly why the lender you choose matters.
How much down payment do I need in Toronto?
Five percent on the first $500,000 of the purchase price and ten percent on the portion above that, up to the insured price ceiling. Above that ceiling, or on rentals, you are into twenty percent. Under twenty percent means default insurance, which is added to your mortgage balance.
Should I take a fixed or variable rate?
Fixed buys budget certainty for the term. Variable moves with prime and normally carries a much smaller penalty if you break the mortgage early. If there is a real chance you will sell, refinance, or restructure mid-term, that penalty difference alone can be worth more than the rate gap.
How fast can I get a mortgage pre-approval?
Usually the same day once we have your basic details. A proper pre-approval holds a rate, tells you the actual price range you can shop in, and makes your offer far stronger in a competitive Toronto bidding situation.
Can I get a mortgage in Toronto if I am self-employed?
Yes. Business-for-self files are routine for us. Where a bank wants two years of clean T1s and notices of assessment, other lenders will work from bank statements, contracts, or stated income with a larger down payment. The trick is placing the file with a lender whose guidelines actually match how you get paid.
What if my credit is bruised or the bank said no?
A decline from one lender is not a decline from the market. Collections, a consumer proposal, arrears, new-to-Canada credit, or an unusual property type all have homes with alternative and private lenders. We will tell you plainly what it costs and what the exit plan looks like.
When should I start my mortgage renewal?
Four months before maturity. That is when rate holds start and when you still have leverage. Your lender's renewal letter is an opening offer, and it is usually priced above what the same lender gives a new client.
Do you do commercial and construction financing too?
Yes. Multi-residential buildings, mixed-use, retail, industrial, land, and construction draw financing across Toronto and the GTA, alongside residential. Same approach - the file goes to the lenders who actually want that asset class.
What documents do I need to apply?
Generally photo ID, recent pay stubs or two years of self-employed financials, notices of assessment, proof of down payment, and details on any existing property. If a file needs more, we tell you up front rather than three days before closing.
Do you post your mortgage rates?
No. Rates move constantly and the right one depends on your down payment, whether the mortgage is insured, the property type, the term, and the prepayment terms attached. We quote a live number for your specific file and show you the terms behind it, not a teaser.
Reading for Toronto borrowers.
Mortgages in Toronto: the complete 2026 guide
Qualifying, down payments, closing costs, terms, and renewals in one place.
Bank vs mortgage broker in Toronto
What changes when one application reaches sixty lenders instead of one.
The stress test, explained
How the qualifying rate shrinks your budget and what to do about it.
Closing costs for Toronto buyers
Double land transfer tax, legals, title insurance, and adjustments.
Your mortgage renewal game plan
Why the letter in the mail is the most expensive option on the table.
HELOC vs refinance
Two ways to use Toronto home equity, and when each one wins.
Mortgages across Toronto and the GTA
Detached, semis, towns, condos, multi-unit and commercial property throughout the city and the surrounding regions.
Tell us what you are financing.
Purchase, renewal, refinance, commercial, or private - send the basics and we will come back with what the market will actually do for you.
Text (647) 342-1355 for the fastest reply, or call the same number.