Let's Chat: 905-333-0255
|
TMG The Mortgage Group (Ontario) Inc.
Empowering Your Homeownership Dreams in Ontario
Expert Mortgage Solutions Tailored for You
Welcome to TMG Burlington, where your journey to homeownership becomes easier. With years of experience in the Ontario housing market, we offer bespoke mortgage solutions that fit your unique needs. Whether you're buying your first home or refinancing, we're here to guide you every step of the way
  • MORTGAGE EXPERTISE
    We provide comprehensive mortgage advice and financial solutions. We specialize in a range of mortgage options, from fixed-rate mortgages to adjustable-rate mortgages, ensuring you have access to the best products in the market. As independent mortgage advisors, we offer unbiased advice, tailoring our services to meet your home loan and refinancing needs
  • STREAMLINED MORTGAGE SHOPPING
    Save time with our efficient mortgage shopping process. We excel in mortgage comparisons, offering a one-stop solution for your home financing needs. By evaluating various mortgage lenders, including major banks and credit unions, we quickly identify the most favorable mortgage rates and terms, making your loan selection process smooth and effortless
  • NO COST MORTGAGE CONSULTATION
    Benefit from our no-fee mortgage consulting services. For standard residential mortgage transactions, our expertise comes at no cost to you. We receive a commission from financial institutions, similar to other financial professionals like insurance brokers, when we successfully match clients with a suitable home loan or refinancing option
WHY SHOULD YOU USE OUR SERVICES?

We will negotiate on your behalf. Many people are uncertain or uncomfortable negotiating mortgages directly with their bank. And even if you have an existing relationship with your branch, TMG does millions of dollars of transactions yearly with a wide variety of lending institutions, so we have strong lender relationships. We can use that relationship to your advantage to negotiate your mortgage to ensure you secure competitive rates and terms that benefit you.

We will also ensure that you're getting the best rates and terms. Even if you've already been pre-approved for a mortgage by your bank or another financial institution, you're not obliged to stop shopping! We can investigate on your behalf to see if there is an alternative to better suit your needs.

MORTGAGE CUSTOMIZATION

Do you know about mortgage customization? All mortgages are not created equally, and depending on your financial goals, we will ensure the mortgage you receive helps you with those goals. Whether borrowing to purchase, renovate, or make your rental mortgage interest tax deductible, we can ensure that the mortgage you have helps achieve these financial goals.

Think Outside the Branch for Your Mortgage
Buying Your First Home
Navigating your first home purchase is an exciting journey. We offer personalized support, helping you understand your options and securing the mortgage that suits your financial situation.
Time to renew or switch your mortgage?
Time to renew or switch your mortgage? Let's explore opportunities to improve your rate and terms, aligning with your current and future financial goals.
Refinancing Your Mortgage
Looking to refinance? We provide expert advice on how to optimize your mortgage, reduce payments, or tap into your home's equity.
Optimize Your Mortgage Today!
We are here to help with your mortgage needs, refinancing, new home purchases, mortgage renewals reverse mortgages and private mortgages.
Types of Mortgages

A fixed mortgage offers you the security of locking in your interest rate for the term of your mortgage, so you know exactly how much principal and interest you will be paying on the mortgage during the term. Terms range from 6 months to 10 years. Fixed rate mortgages offer some form of pre-payment, from 10% to 20% of the original mortgage balance each year, depending on the lender. If you wish to pay off your mortgage in full, there will be a penalty of either 3 months simple interest, or an Interest Rate Differential (IRD). The benefit of this mortgage is the rate is lower than an open mortgage, making it a more popular option if you have no plans to pre-pay it in full during the term you select.

A adjustable-rate mortgage allows you to take advantage of today's Prime Rate. Most variable rate products are set below prime, terms range from 1 to 5 years. Payments vary depending on the product or lender you choose. In some cases you can fix your payments for up to 5 years, but the interest rate will fluctuate as the Bank Prime Rate changes. In other cases your monthly payments will fluctuate depending on how many times the Prime Rate changes during your term.

An open mortgage allows you the flexibility to pay off some or the entire mortgage at any time, without penalty. Interest rates are usually higher and are tied to the Bank's Prime Rate.

A secured line-of-credit allows you to access the equity in your home whenever you choose. Rates are tied to prime, usually slightly above prime. Required payment on the balance is interest only, making it a good choice where cash flow may be important. A secured line of credit offers lower interest rates compared to an unsecured line of credit. You may have a secured line of credit and a mortgage, if you have good equity in your home.

THIS JUST IN!
Because we work with a wide variety of lenders We can access competitive, lower-than-advertised interest rates. Check back often to see how these rates compare to average bank rates.
These rates are for High-Ratio Default-Insured or below 65% Loan to Value (LTV) insurable mortgages with amortizations of 25 years or less.
How Much Can You Afford?
Use this mortgage calculator to help you figure things out
My Happy Clients
Subscribe to Our Newsletter
Get the latest mortgage news, rate updates and more...
My Mortgage Blog — Latest Posts
What January’s jobs report means for Bank of Canada rate cut expectations
On the surface, the January employment report released today had the signs of a relatively strong economic backdrop. Net employment was up by over 37,000 positions and the unemployment...
Read More
Tips to help you buy your first home
Buying a home is one of the biggest financial decisions you will make, so it pays to make an informed decision. I will assist you with the entire home buying process from the moment you decide to buy...
Read More
Use these saving tips to become mortgage free!
Good news! It only takes small changes for you to become mortgage free and save thousands of dollars in interest. In December, Mortgage Professionals Canada released its annual state of the housing...
Read More
Do you know all the costs of buying a home?
Before you take possession of your new home, you need to consider any and all additional costs of obtaining your mortgage - closing costs.. Home inspection...
Read More
View More
Unlock the Door to Your Mortgage Success!

Connect with Us now!

Whether you're stepping into your first home or optimizing your current mortgage, The Mortgage Group is here to guide you. Fill out the form and start your journey to financial clarity and home ownership bliss.