Forget the worry and perplexity of trying to work your way through the mortgage market in Markham alone. Our goal at Everything Mortgage is to make the process of becoming a homeowner easy and uncomplicated. Our group of knowledgeable mortgage brokers in Markham, Ontario is committed to assisting you in obtaining the best mortgage for your requirements.
We can locate the greatest interest rates for you because we have a large network of lenders.
Both seasoned investors and first-time purchasers can choose from our down payment options. In Markham, that typically means 5% down on the first $500,000 of the purchase price and 10% on the portion between $500,000 and $1.5 million.
To provide you with a realistic financial picture, we consider all of your income sources.
Consolidation of debt, house upgrades, or renovations? We have everything covered.
We'll assist you in comprehending any tax benefits for homes in Markham, helping you come out with savings.
Our range of services at Everything Mortgages is created to satisfy the various demands of our customers. We provide choices for mortgage refinancing, aid for first-time homebuyers, and solutions specifically designed for independent contractors. In addition, we provide customized services including debt consolidation plans, home equity lines of credit, bad credit solutions, second mortgages, purchase plus improvement mortgages, private mortgages, senior reverse mortgages, and the list goes on.
Our mortgage agents in Markham are here to offer the best mortgage brokerage services, regardless of your needs, including reasonable interest rates and a flexible down payment plan. Let our mortgage brokers in Markham get you closer to your dreams. Get in touch with us today.
Here is where we help Markham buyers and owners most often.
Markham’s contractors and small business owners often earn more than their tax return shows. Our self-employed mortgage program qualifies you on gross revenue and bank statements, not just line 15000.
A missed payment or recent consumer proposal will not keep you out of Markham’s market. Our bad credit mortgage options weigh income and equity over a credit score.
Homeowners who bought in Unionville or Cornell years ago often sit on untouched equity. Our mortgage refinancing options turn that into cash for a renovation or to consolidate debt.
When a major bank declines a file over debt ratios or a non-standard property, a B lender mortgage is often the next step, matched to guidelines that fit.
Markham is not one housing market; a detached home in Unionville finances differently than a townhome in Cornell.
Unionville’s heritage Main Street and mature detached streets carry the city’s highest price points, often above the $1.5 million insured mortgage ceiling.
Markham Village mixes older bungalows with newer infill near the GO station, often calling for a purchase-plus-improvements approach.
Cornell’s newer townhomes, built around a walkable street grid, are where most first-time buyers stretch a 5% down payment.
Milliken, closer to the Scarborough border, is Markham’s more affordable entry point, drawing a steady mix of investors and first-time buyers.
Buyers who widen their search past Markham often compare notes with our Richmond Hill mortgage broker team along the York Region border.
CMHC applies the same minimum down payment rule across Ontario: 5% on the portion of a purchase price up to $500,000, then 10% on the portion between $500,000 and $1.5 million. On a $1,200,000 Markham purchase, that is $25,000 on the first $500,000 plus $70,000 on the remaining $700,000, a $95,000 minimum. Homes above $1.5 million need at least 20% down and are not CMHC-insurable.
Amy Asadullah
Toronto, Ontario
A++++.
I had the pleasure of working with Manzeel at Everything Mortgages. After dealing with 2 other brokers, Manzeel made this purchase happen for me and my family. He has been professional, approachable and sincere. I couldn’t be happier and highly recommend him.
Hovig Tchaderian
Toronto, Ontario
I was extremely pleased with the service I received!! The communication from start to finish could not have been any better.
I would recommend the whole team for anyone that’s looking for a mortgage!!
Thanks again!
Sarah Paul
Toronto, Ontario
My experience with Everything Mortgages was excellent. My mortgage broker was very knowledgeable, professional, and personable. Also, the process was smooth and uncomplicated. I would recommend Everything Mortgages for any type of buyer, new or seasoned, residential or commercial.
Varun Kalia
Canada, Toronto
Manzeel and his team at Everything Mortgages are fantastic! Buying a house can be quite an ordeal but these guys made it stress free and painless. Not only did they take the time to answer all the questions I had but they were also respectful and diligent in keeping me informed through out the closing process. They were mindful of my time and worked around my schedule. It was an excellent experience from end to end. I highly recommend them for anyone in need of a mortgage. Thanks Manzeel and team!
Rahee G
Canada, Toronto
My experience with Everything Mortgages was excellent. Manzeel and his team are best in class. They were very professional and really simplified the process for me. I would recommend Everything Mortgages for everyone!
Melissa Emond
Toronto, Ontario
I’ve personally dealt with Everything Mortgages for years now and they have done many transactions for me (purchases and refinances). They are competitive, tech savvy, and trustworthy. I highly recommend them for all your mortgages needs.
Homes above $1.5 million need at least 20% down and are not CMHC-insurable, so plan on a bigger down payment, a lower price range, or a B lender file.
Yes. Several lenders accept newcomers with six to twelve months of Canadian credit history, using rent, utility payments or an international credit report instead.
A bank pre-approval only shows one lender’s rate. We check it against dozens of others at no cost, which matters when a faster closing or better rate decides a bidding war.
It depends on the lender. Some average your last two declared years, which can hurt fast growth, while others use your most recent year if the trend is documented.
Yes. Investment properties in Markham need at least 20% down, and your existing mortgage payment counts against your debt ratios, though rental income can offset part of it.