There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional.
While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Whether you're purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it's important that you are making an educated buying decision with professional unbiased advice.
Current Rates
Current variable mortgage rate is
5.05%
Current prime rate is
5.95%
-
- Terms
- Bank Rates
- Payment Per $100k
- Our Rates
- Payment Per $100k
- Savings
-
- 6 Months
- 7.89%
- $756.21
- 7.49%
- $730.93
- $25.28
-
- 1 Year
- 7.74%
- $746.69
- 5.74%
- $624.43
- $122.25
-
- 2 Years
- 7.34%
- $721.53
- 5.54%
- $612.72
- $108.81
-
- 3 Years
- 6.94%
- $696.72
- 4.64%
- $561.28
- $135.43
-
- 4 Years
- 6.74%
- $684.44
- 4.64%
- $561.28
- $123.16
-
- 5 Years
- 6.79%
- $687.50
- 4.54%
- $555.70
- $131.80
-
- 7 Years
- 7.10%
- $706.60
- 5.40%
- $604.58
- $102.02
-
- 10 Years
- 7.25%
- $715.92
- 5.80%
- $627.97
- $87.95
My Experiences with Ryan O’Connor:
When I first considered buying a house I went to a couple banks and was very confused with the immense amount of useless information they give you.
After my third bank I was starting to get fed up when my friend suggested going to see a mortgage broker named Ryan O’Connor.
I contacted Ryan explaining my situation and he made an appointment almost immediately.
He asked a few questions and got me to fill out some papers and before I knew it I had multiple offers from banks for my first mortgage.
It was almost to easy. Ryan dealt with every issue in timely fashion. Didn’t matter if it was 7 in the morning or 10 at night Ryan was on the ball making sure every detail was worked out.
After two years I decided with the increasing property value and the lack of dedication from my current bank I was going to see if Ryan could find me a new bank to remortgage with.
Immediately he had all my paper work done and requests sent to multiple banks.
Within days I found a new bank and I couldn’t be happier.
Ryan is very professional and is always up to the task. I couldn’t imagine going to anyone else and I would refer him a million times over to anyone.
The difference between Ryan and others I have spoken to. Ryan actually cares about his clients and that means alot to my family and I. That is why we will always continue to bring our business to Ryan.
Thanks again for yet another great experience with your company.
Cheers.
Nathan
Ryan and his team were recommended to us by our realtor. They did a phenomenal job looking after us and making the entire process as smooth and painless as could be. While we never got to meet in person each email and phone call was met with a quick response and answers to any questions we had. I would highly recommend them!
I have been a client of Ryan’s for the past 4 years. He is hands down the best Broker that i have ever dealt with. I am self employed and as such it is more difficult to deal with the banks for financing. Ryan gets the job done, he is extremely efficient. I have dealt with many brokers over the span of the past 10 years, one of which made a mess of my last mortgage application. Ryan cleaned it up, he has many bank contacts that he has built relationships with. I simply cannot say enough about the level of professionalism and dedication that he displays. Ryan is the only broker that i will ever use.
They helped us through a more complicated mortgage scenario than most I am sure of it. They did a great job getting us and explaining the options. Responsive communication. Highly recommended.
We found the house of our dreams and our realtor suggested we use Ryan O’Connor from Neighbourhood Dominion Lending Centre. That proved to be an excellent suggestion and we are so pleased with our choice.
Ryan was friendly and displayed never-ending patience with all of our concerns. We are self employed and have found that traditional bank methods are tricky for us, so a mortgage broker was the way to go. Ryan not only found us a great mortgage with a wonderful rate, but he shopped and didn’t take no for an answer from the banks regarding any and all of the requests we asked for. Ryan was able to secure a mortgage in a very timely manor that seemed too easy on our end. I’m sure it was one of those cases that experts make things look easier than they are. Ryan is not only professional but also understands how stressful this is for new buyers and was available via many different communication styles with no delay. We can’t thank you enough for your role in enabling us to buy the house of our dreams.
We would highly recommend Ryan O’Connor at Neighbourhood Dominion Lending Centre. Thank you so much!
Shannon
St Catharines
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