Gurbir Sandhu offers customized mortgage solutions that best fit your financial needs.

Contact us to access variety of mortgage products and lenders.

First and Second Mortgages

We help first time home buyers, investors and business owners to get the first and second mortgages for their new purchase of property. We analyze the individual needs and recommend different options which fits the scenario and weigh in the pros and cons. This enables our clients to make the decision with confidence.

First Time Home Buyers
Every individual dreams of home ownership but you need a professional consultant to guide you through the biggest financial decision of your life. Contacting us will help you to securing a pre-approval for the mortgage to get an idea about how much mortgage you may qualify for. It will help you to establish a price range in mind when you look at different properties.

We determine affordability by looking at your Gross Debt Service ratio (GDS) and your Total Debt Service ratio (TDS). The GDS ratio is based on what you can afford to pay each month; it includes mortgage payments, taxes, and utilities. The TDS ratio includes everything covered under GDS plus all your other financial obligations.

The pre-qualifying stage is also the time to find out about the difference between conventional mortgages and high-ratio insured mortgages. Ask us about assistance programs for first time homebuyers. We will also discuss closing costs with you, such as land transfer taxes, legal fees, and other disbursements. Before you are pre-qualified, we will run your credit bureau report and ask for written confirmation of income, as well as how much you plan to put down on your purchase.

Once you are pre-qualified, the interest rate may be guaranteed for 90 to 120 days from the time of your application. If rates drop, you will get the lower rate; if they rise, you are covered. And just because you pre-qualified by a certain financial institution, you are by no means committed to that lender. We will continue to shop the market to get you the deal that we believe will best suit your needs!
Mortgages for Business for Self
Small and medium-sized businesses are the engine of the Canadian economy. Entrepreneurship should be rewarded! But when it comes to mortgages, it has not always paid to be self-employed because reducing your taxable income can make it difficult to qualify for the mortgage you deserve.

Whether business owners are purchasing or refinancing, we love working with them as we have access to a range of innovative mortgage options for self-employed Canadians. There are many products available for such borrowers. Some of these lenders allow you to state your income based on your business deposits in your business accounts or based on just one year tax returns or based on your business financials although the personal income is low.

Rental/Investment Properties
When you are purchasing the rental or investment property, then you are already aware of the mortgage terms and process. You need our expert opinion on best fit solution for your rental/ investment property and help you to budget all the costs in future to establish the fair purchase price so that you can yield profits in future.

Renewal & Refinance

When it comes to your mortgage renewal, the sooner you start looking at your options, the better. While your current lender will only send out renewal papers 30 – 60 days prior to closing, a mortgage broker can start booking rates for you a full 120 days prior to renewal date. That means you get a guarantee of the best rate within 4 months of renewal while still getting the benefit of any rate decreases. Statistics show that far too many Canadians simply sign and send their renewal papers back without questioning the rate or reviewing their options. A mortgage renewal is the perfect time to:

  • Consolidate any outside debts at a better rate
  • Optimizing monthly payment amount, payment frequency or amortization schedule
  • Equity take-out for investments, rental property, or other long-term goals
The bottom line is that at renewal time your mortgage is fully open to take some time to consider any options that you may have been considering. It is the perfect time to ensure you are making the best long-term choices with your mortgage as well as getting the best deal before signing on the dotted line.

Construction Mortgages

It is exciting to start a multifamily project or building a home designed around your needs but it is not without challenges. Buying land for construction is more challenging than qualifying for a mortgage as it often requires a bigger down payment. You are still going to get a mortgage, but with a different structure and approach than standard home ownership.

If you are thinking of building your own home or a residential building of up to four units, a construction mortgage can make the planning and repayment process easier.

A Construction mortgage also helps you minimize costs where you need it most—at the outset of the project. You only need to repay interest until work on the home has been completed. Then, at the end of that period, you will begin to make regular payments which includes both the principal and the interest.
Whether you are an experienced builder/developer or an individual who is just looking to build your home, reach out to us for helping you in the dream project.

Private Mortgages

A private mortgage is an alternative source of financing given to a borrower by a private lender. It is requested either when the alternate lenders have declined a borrower for a purchase mortgage/ home refinance mortgage or by investors who are developing the property such as sub-dividing of existing property or winning the bid for the property in a multi-offer scenario.

These loans are usually short-term interest-only loans. We specialize in finding the best private lender who will offer you the right option based on your financial situation. We can help to arrange the First, Second and Third Mortgages.

Commercial Mortgages

A commercial mortgage is a loan for purchase of a commercial real estate. The borrower is generally a company, small business or an individual. The business may be registered as partnership, limited company, or incorporated.

We help our clients obtain these mortgages for purchase of different type of properties such as commercial plaza, offices, industrial units, storefront with apartments, residential/commercial mixed, and multifamily (5 or more units).

If you have any questions, please feel free to call us


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OUR ADVANTAGES

  • Best Product Solutions
  • Lowest Mortgage Rates
  • Quick Mortgage Approvals
  • Faster Response for Queries
  • Personalized Services