Mortgage Agent Level 2 London, ON
Your home, financed with confidence.
Mortgage advice for London buyers, movers and owners renewing: offers from many lenders compared for you, and every step explained before you take it.
- 9
- Years helping London families
- Source: Broker’s own record, sample
- 410+
- Mortgages arranged
- Source: Broker’s own records, sample
- 45+
- Lenders and credit unions compared
- Source: Brokerage lender list, sample
How I can help
-
Buying your first home
A clear budget, a pre-approval you can rely on and every closing cost known before you make an offer.
-
Moving up
Your sale and purchase timed together, bridge financing arranged if you need it, and no surprises on closing day.
-
Renewing
Four months before your term ends, I compare your lender’s offer with the market so you renew on the best terms.
-
Refinancing
Penalty, legal costs and monthly savings side by side, so you can decide whether using your equity is worth it.
Four steps home
-
A first conversation
We talk through your plans, your budget and your questions. You leave knowing where you stand and what comes next.
-
Pre-approval and the search
Your pre-approval is in hand before you start viewing, so you shop with a firm budget and a rate held for you.
-
Your offer and the right lender
When you find the home, I compare offers from many lenders and prepare your file so it reads clearly.
-
Closing and the keys
I work with your lawyer and lender to the closing date, so the day you get the keys is a calm one.
Pay it off sooner
The example on this page: a $640,000 home with $128,000 down, at 4.69% over 25 years. Choose how often you pay.
$2,888 a month
- Paid off in
- 25 years
- Interest over the years
- $354,434
- Saved compared with monthly
- $0
$1,332 every two weeks
- Paid off in
- 25 years
- Interest over the years
- $353,532
- Saved compared with monthly
- $903
$1,444 every two weeks
- Paid off in
- 21.6 years
- Interest over the years
- $299,270
- Saved compared with monthly
- $55,164
$722 a week
- Paid off in
- 21.6 years
- Interest over the years
- $298,648
- Saved compared with monthly
- $55,786
Indicative, at 4.69% for the whole amortization; in practice you renew every few years. Accelerated payments are half or a quarter of the monthly payment, paid every two weeks or every week. Before any mortgage insurance.
Payment calculatorStraight answers, warmly given.
I grew up helping my parents read the paperwork for their first home, and I still remember how confusing it was. Today I make it simple: I listen, I compare offers from many lenders, and I explain each step before you take it. I work for you, not for a lender, in English and Spanish.
Book a consultationI want you to walk into your new home knowing exactly what you signed and why it was the right choice.
- Brokerage
- Forest City Mortgage Partners Inc.
- Licence
- 13544
- Speaks
- EnglishEspañol
Calculator
What would the payment be?
Indicative, not a lender decision or a pre-approval. Fixed rate, compounded semi-annually; mortgage insurance and taxes not included.
An example rate. Enter the one you’ve been quoted.
Estimated monthly payment
$2,888
Mortgage amount $512,000
Which kind of mortgage fits you?
Choose a type to see how it behaves. Your broker will compare real offers for your situation.
The rate and the payment stay the same for the whole term.
- Your payment
- Stays the same for the term, often five years.
- If rates change
- Nothing changes until renewal.
- Breaking early
- The penalty is usually the greater of three months’ interest or an interest rate differential, which can be large.
- Suits you if
- You want a predictable budget and expect to keep the mortgage for the term.
The rate moves with the lender’s prime rate; the payment often stays the same.
- Your payment
- Usually fixed; more or less of it goes to principal as prime moves.
- If rates change
- Rising rates mean slower repayment, and payments can be reset if rates rise far enough.
- Breaking early
- The penalty is usually three months’ interest.
- Suits you if
- You can live with change, or may sell or refinance before the term ends.
Like variable, but the payment itself changes whenever prime changes.
- Your payment
- Goes up or down with the prime rate.
- If rates change
- You feel it in your next payment; your repayment schedule stays on track.
- Breaking early
- The penalty is usually three months’ interest.
- Suits you if
- Your budget has room to absorb payment changes.
A credit line secured by your home that you draw on and repay as you need.
- Your payment
- Can be interest only on what you have used.
- How much
- In Canada the revolving part is limited to 65% of the home’s value, and 80% together with a mortgage.
- The rate
- Usually prime plus a margin, so it moves with prime.
- Suits you if
- You want flexible access for renovations or investments and a plan to repay.
An open mortgage can be paid off anytime; a closed one costs less but limits prepayment.
- Open
- Repay any amount at any time without a penalty, at a higher rate.
- Closed
- A lower rate, with yearly prepayment limits set by the lender and a penalty to break.
- Often used
- Open for a short time before a sale or a lump sum; closed for most homeowners.
- Suits you if
- You know exactly when you will pay a large amount down.
General information, not advice. Terms differ between lenders.
What clients say
Camila made our first purchase feel easy. Every step was explained before it happened, and we always knew what came next.
She handled our bridge financing perfectly. We moved without a single sleepless night.
At renewal she found us a better offer and explained it in English and in Spanish for my parents.
Questions clients ask
When should we first talk?
Before you start viewing homes, ideally. Knowing your budget early makes every later step calmer.
How much do I need for a down payment?
At least 5% on the first $500,000 of the price and 10% on the part above it, up to $1.5 million. Under 20% down, the mortgage needs default insurance.
Can’t I just sign my lender’s renewal letter?
You can, and sometimes it is the right choice. Comparing first takes a few weeks if you start early, and the first offer is often not the only one.
What do you charge?
On most residential mortgages there is no fee to you. If a file ever needs one, you will see it in writing before anything is signed.
Send your documents securely
Upload everything from your phone or computer. It goes straight to Camila’s secure document storage in Canada, with a checklist made for your situation.
- Tell us a little about you and your plans
- See exactly which documents your situation needs
- Upload them, and you’re done
Sample site: this opens a sample upload page in a new tab. On a live site, it opens the broker’s own.
- No account to create
- Works on your phone
- Stored in Canada
Let’s find your mortgage
Start with a thirty-minute call. Bring your questions; leave with a clear plan and your next step.