209 - 3852 Finch Ave E, Toronto, ON M1T 3T9
Brokerage #13763
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Brokerage #13763
Whether you're a first-time buyer or moving up the property ladder, lendsimpl connects you with 50+ lenders to find the right mortgage — fast, free, and stress-free.
Illustrative only. GDS ratio 39%. 25yr amortization. Stress test applies.
Get Pre-ApprovedA purchase mortgage is a loan from a bank, credit union, or private lender to help you buy a home. In Canada, you need a minimum down payment of 5% for homes under $500,000, and at least 20% to avoid mandatory CMHC mortgage insurance.
lendsimpl shops your application across 50+ lenders — major banks, mono-line lenders, credit unions, and private lenders — to lock you into the lowest rate and best terms available.
Use our live calculators to estimate how much home you can afford and what your monthly payments will look like.
Illustrative only. GDS ratio 39%. 25yr amortization. Stress test applies.
Get Pre-ApprovedStandard P&I amortization. CMHC insurance may apply below 20% down.
We help all types of buyers — from first-timers to investors — find the right mortgage solution.
Guidance through every step — pre-approval, down payment programs, RRSP Home Buyers' Plan, and FHSA — so you buy with confidence.
First-time buyer guide →Selling and buying at the same time? We coordinate bridge financing and new mortgage approval so the transition is seamless.
Talk to an advisor →Stated income and business-for-self programs let you qualify based on your actual earning capacity, not just T4 slips.
Self-employed options →Newcomer mortgage programs with as little as 5% down and flexible income documentation tailored for new Canadians.
Newcomer mortgages →Purchase a rental property with 20% down and leverage rental income to help qualify. Access competitive investor rates.
Investment options →Lock in today's rate with a rate-hold and navigate assignment clauses, deposit structures, and closing timelines.
Pre-con mortgage guide →Find the mortgage path that matches your situation.
Strong application with best available rates. Access all insured programs and government incentives.
Stated income programs or 2-year NOA qualifying. More lender options than most banks offer.
B-lender and private programs to get you into a home today, then transition to A-rates at renewal.
Bridge loans, port options, and simultaneous close coordination. We manage the complexity for you.
Our streamlined process gets you from pre-approval to possession in as few as 5 steps.
Tell us about your income, down payment, and goals. No hard credit pull at this stage.
We run your application against 50+ lenders and issue a rate-hold certificate — usually within 24 hours.
Your realtor will love your pre-approval letter. Make offers knowing exactly what you can afford.
Once you have an accepted offer, we lock in final terms, conditions, and your closing date.
Your lawyer receives funding instructions. You sign, pay closing costs, and receive the keys.
Not sure which rate type is right for you? Here's a plain-English comparison.
Most Canadians qualify for a mortgage — even with imperfect credit or non-traditional income. Here's what lenders look at.
Minimum 600 for A-lenders; B-lenders and private lenders work with lower scores. We always start with the best option available.
Insured mortgages start at 5% for homes under $500K. 10% required for $500K–$999,999. 20%+ for $1M+ properties.
Your income must support payments at the higher of 5.25% or your contract rate + 2%. We calculate this upfront.
T4 employees need recent pay stubs + NOA. Self-employed need 2 years of T1 generals. New-to-Canada programs available.
Rates updated regularly from our lender network. Subject to qualification and OAC.
Rates shown are best available for well-qualified applicants under $1M insured. OAC. Rates change daily.
Free calculators to estimate payments, affordability, land transfer tax, and closing costs.
Find out how much home you can afford based on your income and down payment.
Open calculatorEstimate your monthly payment for any purchase price, rate, and amortization.
Open calculatorCalculate Ontario and Toronto land transfer tax, including first-time buyer rebates.
Open calculatorSee your exact CMHC premium based on your purchase price and down payment.
Open calculatorBudget for legal fees, title insurance, adjustments, and more.
Open calculatorCompare the true cost of renting versus buying over your expected horizon.
Open calculator“lendsimpl got me a rate I couldn't find anywhere else. They handled everything from pre-approval to close. I couldn't recommend them more.”
Priya S.
Toronto, Ontario
Explore our full range of mortgage solutions for every stage of homeownership.
Don't see your city? Contact us — we serve all of Ontario.
Common questions from Ontario home buyers.
Buying a home in Toronto or anywhere in Ontario is one of the biggest financial decisions you'll make. lendsimpl makes the mortgage process straightforward — whether you're a first-time buyer navigating CMHC insurance and stress tests, or a seasoned investor adding to your portfolio.
Our FSRA-licensed mortgage brokers shop your application across 50+ lenders including major banks, credit unions, mono-line lenders, and private lenders. We negotiate on your behalf to secure the lowest rate and best terms — at no cost to you.
Mortgage brokers have access to wholesale rates and products not available to the public. We compare dozens of options in minutes, handle your paperwork, and advocate for your approval. The lender pays our fee — you pay nothing.
Get pre-approved in 24 hours. Compare 50+ lenders. Pay nothing — the lender pays our fee.
Unit 209 – 3852 Finch Ave E, Toronto ON M1T 3T9 · FSRA Brokerage #13763