Your Aurora and Newmarket
Mortgage Specialist

The Mortgage Centre Hometown Financial  FSRA#13028

Each office is independently owned and operated 

Ensuring the Highest Level
of Service and Securing You
a Better Rate On Your
Mortgage

Your Aurora and Newmarket
Mortgage Specialist

Best_Aurora_Mortgage_Broker_001

Ensuring the Highest Level of Service and Securing You a Better Rate On Your
Mortgage

The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

"My Passion is Helping Guide Clients and Friends Through the Path to Homeownership."

Helping Guide You Through the Path to Homeownership,

Making Your Dream Home an Affordable Reality

The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

Best_Aurora_Mortgage_Broker_001

Let Me Get You a Better Deal Today!

The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

I Work for You,
NOT the Lenders

Let Me Get You a Better Deal Today!

Helping Guide You Through the Path to Homeownership,

Making Your Dream Home an Affordable Reality

The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

Frequently Asked Questions

Have a Different Question? Contact Me Today!

Find out exactly with a pre-approval today: CLICK HERE FOR DETAILS

Getting pre-approved for a mortgage is free and will give you a clear picture of how much you can afford and what your interest rate will be prior to purchasing a home.  Although it’s not a mandatory step in the process, getting pre-approved will put you in a better position to make an offer as soon as you find the right home or property.

Now, once you’re pre-approved, your interest rate will be locked in for the next 120 days subject to all the conditions.

If the interest rate on the term chosen goes up, the rate you’re pre-approved for will hold if the conditions are satisfied and your closing date is within that 120-day period.

If the interest rate goes down during this time, you can ask to have your pre-approved interest rate adjusted to reflect the lower current rate.

Choosing the lowest mortgage rate possible is not always the best option for your to achieve your goals. It’s easy to obsess over finding the lowest mortgage rate, but in some cases, it may be one of the least important options when all other factors are considered.  These include considering: 

  • Prepayment Privileges: Just because you have a 25-year mortgage, doesn’t mean you can’t pay it off sooner.  With an open mortgage you can pay off your mortgage in full at any time, although you’ll pay a higher mortgage rate. With a closed mortgage, you’re limited by how much you can prepay
  • The High Cost of Penalties: In Canada the most popular mortgage product is the fixed rate five-year mortgage, even though many first-time homebuyers will eventually feel the need to escape the shackles of their mortgage before the five years are up. Breaking your mortgage can prove costly, especially if you have a fixed-rate mortgage.
  • Portability: Who knows where life may take you in the next 2 – 4 years.  Even if you’re purchasing a home with the desire to live in it for many more years to come, sometimes life happens and plans change.  There are an endless amount of reasons why you might want to break your mortgage.  If you purchase a portable mortgage, you can “port” it to your new property and avoid paying costly mortgage penalties. If by chance your new home is more expensive than your current home, you can “blend and extend” your mortgage. 

Here a just a few of the advantages when choosing to work with a mortgage broker or agent:

  • I’ll save you time!  I’m a one-stop shop for you.  Simply fill out my one application and I’ll seek out quotes from multiple lenders on your behalf
  • Most often, I’m able to get you better rates and products than the ones offered by major banks
  • My team and I are mortgage specialists that WORK FOR YOU…NOT THE BANKS
  • Unlike a bank, which only has access to their own products, I have access to products from most major lenders in Canada which ensures I find the best product suited to your needs and goals
  • I may be able to arrange a mortgage for you even if you’re having trouble getting approved by a bank.  Such as if you’re self-employed or if you have poor credit histories
 
 

Doing any of the following may effect the mortgage process prior to funding.  So you’ll want to avoid:

  • Applying for or opening a new credit card
  • Leasing or financing a new vehicle
  • Changing jobs, quitting your job or becoming self employed 
  • Missing or skipping any existing bill payments
  • Purchasing any big ticket items using your existing credit 

Although specific benchmarks will vary from lender to lender, a credit score above 660 is generally considered good.

Credit scores in Canada range from 300 (the worst) up to 900 (the best).  Scores that fall between 560 – 659 are considered fair, while anything below 560 is poor.

In Canada, most top banks won’t approve borrowers with a score under 600.  If this happens to be you, it doesn’t mean your dream of homeownership is unattainable.  You may be able to obtain a high risk, higher interest mortgage from a private lender.

CLICK HERE TO FIND OUT MORE

Meet Ahmad, Your Mortgage Specialist.

My promise to You:

I will find you the best rate and products

Unlike your traditional bank, which only has access to their own products, I have access to products from most major lenders in Canada which ensures I find the best product suited to your needs and goals

I will simplify the process for you

Buying a House Can Be Overwhelming, especially if you don't know where to start. My passion is helping guide clients and friends through the path to homeownership.

I WILL DELIVER A POSITIVE CLIENT EXPERIENCE​

From the time of your initial inquiry, until the day of funding, consider me your guide and coach. I'll ensure you have a clear picture of the steps ahead so you move forward confidently and that every decision your make is an educated one.

I WILL ALWAYS ACT IN YOUR BEST INTEREST

I work for you, NOT the lenders.

The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

Video Resources Just for You!

Refinance your current mortgage

Ask Ahmad How Refinancing Can Save You Money!

Are you in need of an Aurora Mortgage Refinance or Newmarket Mortgage Refinance?  Refinancing your mortgage with an Aurora Mortgage Agent or a Newmarket Mortgage Agent, allows you to borrow additional money on your current mortgage, so you can afford the things you’ve always wanted. It can help save you money and consolidate your debt into one convenient payment.

Debt Consoludation

Paying Off Credit Card Debt Can Be Challenging When You Have High Balances Spread Out Over Multiple Accounts

With the significant appreciation in housing prices lately, many residents of Aurora, Newmarket and York Region are taking advantage of low interest rates and lender refinance programs to pay off credit card debt, loans or lines of credit.

Mortgage Pre-Approval

Close On Your New Home FASTER With a Pre-Approval

House hunting without a pre-approval is like bidding at an auction without knowing how much money’s in your wallet.   Getting pre-approved for a mortgage is free and will give you a clear picture of how much you can afford and what your interest rate will be prior to purchasing a home.  Although it’s not a mandatory step in the process, getting pre-approved will put you in a better position to make an offer as soon as you find the right home or property.

why use an aurora Newmarket mortgage broker or agent?

Should You Use a Mortgage Agent or a Bank?

Mortgage brokers and agents are licensed professional that have relationships with many different mortgage lenders in Canada. Because we don’t work directly for the top banks and lenders in Canada (we’re fully independent), we’re a one-stop shop with access to more products, and generally lower rates than individual banks. 

While your bank can only offer you the limited products and rate available to them, we can suggest the best mortgage options that are most suited for you from a variety of lenders.  And our services are free! 

This allows up to help you make an informed decision and provides you with peace of mind.

client testimonials

What Our Clients are Saying

Ahmad was very professional, approachable and friendly. We highly recommend him.
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Laura D.
Newmarket, Ontario
Ahmad is absolutely fantastic to work with! I found him to be very professional and personable. It was a pleasure working with you!
Best_Aurora_Mortgage_Broker_001
Susana P.
Bradford, Ontario
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The Mortgage Centre Hometown Financial FSRA#13028 Each office is independently owned and operated

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