Mortgage Broker - Ontario
Mortgage Broker in Ontario - FSRA Licensed, Serving the Province Since 2006
FSRA Brokerage #13449·Hardeep Batoo, Broker Licence #M13002408·Serving Ontario Since 2006·Mississauga-based, Ontario-wide
The basics
What an Ontario mortgage broker does
Who it's for
Mortgage situations we handle across Ontario
Every file is different. These are the most common situations Ontario homeowners bring to us.
Private mortgages - declined borrowers, credit challenges, urgent timelines
Reverse mortgages - homeowners 55+ accessing equity without monthly payments
Mortgage renewals - shopping before you sign saves real money
Bad credit mortgages and alternative lending - B lenders and private options
Second mortgages and HELOCs - equity access without refinancing
Self-employed mortgage solutions - stated income and alternative documentation
Debt consolidation mortgages - reducing monthly obligations using equity
First home purchase and pre-approval - bank comparison before you buy
Ontario brokerage licence covers the full province. We do not arrange mortgages in other provinces.
Rates & costs
How mortgage broker fees work in Ontario
Understanding broker compensation helps you know what you're paying and why.
Broker compensation structure depends on lender and transaction type. All fees disclosed in writing before commitment as required by FSRA. O.A.C. E.&O.E.
What it costs
- Standard bank mortgageBroker compensation paid by the lender - no direct fee to the borrower
- B lender mortgageBroker fee may or may not apply - depends on lender and transaction type
- Private mortgageBroker fee is common - typically 1-2% of loan, disclosed before commitment
- Reverse mortgageCompensation paid by CHIP or HomeEquity Bank - no direct fee
- FSRA requirementAll fees must be disclosed in writing before commitment, regardless of source
How it works
How we work with Ontario homeowners
- 01
File review
We review your credit, income, property equity, and what you're trying to accomplish. This tells us which lender tier is realistic before any application is submitted.
- 02
Lender matching
We match your file to lenders whose criteria fit your specific situation - not just the lenders with the best advertised rates.
- 03
Application
One application, one credit pull. We present your file clearly to the right lenders.
- 04
Written disclosure
Before you commit to any mortgage, you receive written disclosure of the rate, all fees, and total cost of borrowing - FSRA requirement.
- 05
Closing and beyond
We coordinate with lawyers, lenders, and appraisers through to funding. For alternative mortgages, we build the plan to refinance to a lower-cost option over time.
Ontario coverage
GTA depth - Ontario reach
Why a broker
Broker access vs. going directly to a lender
A bank shows you its own products. A broker reviews your file across the full lender spectrum and identifies where your file is most likely to fit. For standard mortgages, this often means better rates or product options. For complex files - declined applications, credit challenges, private mortgages - the broker's lender relationships are often the only path forward.
HB Mortgage Centre has relationships across bank, B lender, private lender, and reverse mortgage tiers. We know which lenders will and won't accept specific file types - before your credit inquiry is spent.
One application to the right lender beats multiple applications to the wrong ones. We identify the right fit first.
FAQ
Frequently Asked Questions - Mortgage Broker Ontario
Is HB Mortgage Centre licensed in Ontario?+
Do you charge a fee for standard mortgage applications?+
What areas of Ontario do you serve?+
Speak with an Ontario mortgage broker
Qualification subject to lender approval, credit assessment, property appraisal, and market conditions. O.A.C. E.&O.E. FSRA Brokerage #13449.
FSRA Brokerage #13449 · Hardeep Batoo, Broker Licence #M13002408 · Ontario-wide
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