Trusted Mortgage Brokers in Toronto – Low Rates & Fast Approvals

Yes. A mortgage broker can save you time and money by comparing multiple lenders on your behalf. Brokers have access to exclusive rates, flexible mortgage products, and can provide advice tailored to your financial situation.

Income requirements depend on your down payment, credit score, and debt obligations. Typically, a combined household income of around CAD $80,000–$100,000 may qualify for a $400,000 mortgage, but exact amounts vary by lender. Our licensed mortgage agents can provide a personalised assessment to determine what you qualify for.

Using a mortgage broker often provides more options and competitive rates than going to a single bank. Brokers in Toronto compare multiple lenders—including banks, credit unions, and private lenders—to find the best solution for your situation. Banks may have limited products and stricter criteria.

Mortgage brokers are typically compensated by the lender, so their services are generally free for homebuyers. Working with a broker like City Mortgages ensures you get expert guidance without paying out-of-pocket fees.

Yes. A broker helps you compare rates, find flexible approval options, and guides you through every step of the mortgage process, saving you both time and money.

Yes. City Mortgages works with lenders who specialise in alternative credit approvals to help clients secure financing.

Many clients receive pre-approval within 24 hours, depending on documentation. Full mortgage approval timelines may vary based on lender and property type.

No. Applications, approvals, and consultations can be completed entirely online or over the phone for your convenience.