Certified Mortgage Broker
A Toronto based Mortgage Brokerage with 20 years of experience under its belt
What We Do
What We Do
What We Do
To afford your dream home in Canada, you need access to the best mortgage products, rates, and services. This applies whether you are a first-time buyer or an experienced investor.
If you are looking to buy sooner, we can help you purchase your property with several other financing alternatives on hand, so that you can make an informed decision.
Commercial and Industrial
Our lenders provide financing from $1 million to $100 million for commercial, industrial, office, retail, development and multi-unit residential properties across Canada. The Tony Agelopoulos Mortgage Group professionals will work with you to find the best and most suited mortgage solution. Commercial mortgage products include first/second commercial mortgages, refinancing, and private lending mortgages among others. Give us a call to discuss.
Debt consolidation is the combining of several debts into a single loan that has a more favorable term, payment, interest rate or loan structure. Many credit cards, loans and other forms of unsecured debts come at the cost of high interest rates. If you own your home, a home equity loan can be used to pay off your debts. The Tony Agelopoulos Mortgage Group professionals are highly skilled and experienced and will help you explore your debt consolidation options.
Mortgage Term Renewal
Most borrowers are quick to sign and send back the first renewal offered by their lender. We advise you against that. Ideally, homeowners should refrain from accepting the first rate offered by their lender. It is important to shop around for the best interest rates and negotiate further to save on unnecessary mortgage costs. If you rush to sign up on the market rate, you lose out on significant savings.
We advise you to start shopping for a new term at least four to six months before your mortgage term expiry. To make matters easier, consult us. We shop around on your behalf to bring you the best terms.
There are multiple reasons for refinancing a mortgage. You may want to secure your payments by changing from a variable rate to a fixed rate mortgage. It may be that you have improved your credit score and qualify for a better mortgage with a better discount. Or maybe you want to refinance a home loan to pull out equity for home improvements, investments, college expenses, add a home equity line of credit, or high-interest debt consolidation.
Home equity is an easy and affordable way to access money you have accumulated in your home, especially if you have a good first mortgage in place. If you plan to remove equity from your home, you should be aware of the benefits and possible risks. Talk to our team to discuss how you can make home equity work for you.
The term Equity Take out Mortgage is the process of “taking money out of your property” for a different purpose.
Your home equity can be a valuable financial resource. If you own your home and do not pay toward a mortgage, equity take-out is where you borrow against the value of the property. Some popular reasons use a Equity Take Out mortgage include:
- Home renovations
- Purchasing a rental/investments property
- Second home, cottage or vacation property
- Debt consolidation
- RRSP Top – up
- Education funding for yourself or a child
- Unexpected expenses
- Starting a business – Self employment
- Retirement planning i.e. supplement income, home care, pay for ongoing bills like property taxes, Car payments etc.
If you are seeking to unlock some of your home equity contact us for a free review of your current situation and future goals. We can advise how much equity you can leverage, and what your monthly payments would be.
CHIP Reverse Mortgage
debt, travel expenses, home improvements or unexpected monthly expenses, without putting your home for sale. The financial solution helps homeowners retire safely and securely. You can access about 55% of the value of your home, allowing you to maintain ownership without having to sell or move. You receive cash free tax on the 55% home value over time or all at once. CHIP lets you hold onto your property even as it assists you to wade through tough times.
Our experienced mortgage professionals can guide you in using CHIP to finance, refinance or invest in a new primary residence. You don’t need to make any principal or interest payments as long as you live in your home. You don’t need income verification or credit score to qualify either. You can repay the loan when you move out. Consult us to know how to make CHIP reverse mortgage help you enjoy your retirement.
Bank says NO, we say YES
Bad or bruised credit? The Bank says no, but we’ll say YES and we can help with first and second mortgages for:
- Property purchases
- Debt Consolidation
- Construction Loans
- Commercial Loans
- Industrial Loans
What is a second mortgage? It provides you access to the equity you have built up in your home at a lower rate than most personal loans or credit cards.
If your current mortgage is locked in with a low interest rate but you need money, consider taking a second mortgage to avoid costly penalties and fees that can accumulate when you refinance.
PROS OF A SECOND MORTGAGE:
- You can take up to 80% of the equity of your home.
- Applicable to self-employed individuals and those with a poor credit score.
- To qualify, lenders consider the amount of equity in your home more rather than your credit score which makes it easier for some people to obtain financing.
- Repayment terms are more flexible than most financing options.
- Use the funds at your discretion, for home renovations, investment capital, and debt consolidation etc.
WE APPROVE PEOPLE IN ALL SITUATIONS:
- Bad Credit or no credit
- Self-employed or no proof of income
- No income tax returns required
- Single, duplex, triplex, four plex units
- Non-salaried tips and commissioned sales are all considered
Stay in touch & sign up for newsletter