Mortgage Broker - Toronto

Mortgage Broker in Toronto - FSRA Licensed | HB Mortgage Centre

HB Mortgage Centre, FSRA Brokerage #13449, serves Toronto homeowners across the full mortgage spectrum - private mortgages, reverse mortgages, renewal solutions, bad credit, and alternative lending. Hardeep Batoo, Broker Licence #M13002408.

Apply Now Call (647) 542-6100

FSRA Brokerage #13449Â·Hardeep Batoo, Broker Licence #M13002408Â·Serving TorontoÂ·Ontario-licensed

The basics

What a Toronto mortgage broker does

A mortgage broker reviews your file across multiple lenders - banks, credit unions, B lenders, private lenders, and reverse mortgage providers - rather than showing you one lender's products. HB Mortgage Centre, FSRA Brokerage #13449, serves Toronto homeowners across the full range of mortgage situations.

Toronto's property market, with high average values and significant equity positions for long-term owners, supports a wide range of mortgage options including private mortgages for equity-based qualification and reverse mortgages for eligible homeowners 55+. The City of Toronto's diverse neighbourhood types - from detached homes to condominiums - attract different lender pools.

TRREB reported an average GTA selling price of $1,017,796 in March 2026 (down 6.7% YoY). City of Toronto-specific values vary significantly by property type and neighbourhood. Source: TRREB Market Watch, March 2026.

Who it's for

Mortgage situations we handle for Toronto homeowners

These are the most common situations Toronto homeowners bring to us.

Private mortgages - bank or B lender declined, equity-based approval

Reverse mortgages - homeowners 55+ accessing equity without monthly payments

Mortgage renewals - comparing lenders before you sign the renewal letter

Bad credit mortgages - B lender and private lender options

Second mortgages - equity access without refinancing your first mortgage

Self-employed income - stated income and alternative documentation programs

Debt consolidation - using home equity to reduce monthly obligations

Stop power of sale - private mortgage to pay out lender if equity allows

Toronto's condo market has additional complexity - not all private lenders accept all condo types. We identify lender fit for Toronto property types before submitting any application.

Rates & costs

Mortgage broker fees for Toronto homeowners

Broker compensation depends on the lender and transaction type. Written disclosure required before commitment.

Broker compensation varies by 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 lender - no direct fee to borrower
B lender mortgageFee may or may not apply - depends on lender and transaction
Private mortgageBroker fee common - typically 1-2% of loan, disclosed before commitment
Reverse mortgage (CHIP/HomeEquity)Compensation paid by lender - no direct fee to borrower
FSRA disclosureAll fees in writing before commitment - required by Ontario law

How it works

How we work with Toronto homeowners

Initial 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.

Lender matching

We match your file to lenders whose criteria fit your specific situation. For Toronto files, property type - detached, condo, semi, townhouse - affects which lenders will consider your file.

Application

One application, one credit pull. We present your file clearly so lenders understand your full situation.

Written disclosure

Before you commit to anything, you receive written disclosure of the rate, all fees, and total cost of borrowing - FSRA requirement.

Closing and exit plan

We coordinate through to funding. For alternative mortgages, we build the plan to move to a lower-cost lender tier over time.

Toronto property context

Toronto's equity positions create options even when banks decline

Toronto homeowners who've owned for several years typically have significant equity. Private lenders and reverse mortgage providers both use that equity as the primary qualification criterion - so a bank decline is not the end of the road. We identify which path makes sense for your file before you spend a credit inquiry finding out.

Private mortgage Ontario →

Why a broker

FSRA-licensed broker serving Toronto since 2006

HB Mortgage Centre has been arranging mortgages for Ontario homeowners including Toronto since 2006. We hold FSRA Brokerage Licence #13449 and have relationships across the full lender spectrum - banks, B lenders, private lenders, and reverse mortgage providers.

For standard mortgages, broker access means comparing multiple lenders in one application. For complex Toronto files - condos that some lenders won't touch, credit-challenged borrowers, power of sale situations - our relationships and file presentation experience often determine the outcome.

The right lender for your Toronto file is the one most likely to approve at the best available rate. We identify that before your credit inquiry is spent.

Our lender network →

FAQ

Frequently Asked Questions - Mortgage Broker Toronto

Why use a mortgage broker instead of going directly to a bank in Toronto?+

A bank shows you its own products. A broker reviews your file across multiple lenders - banks, credit unions, B lenders, private lenders - and identifies where your file is most likely to fit. For standard mortgages, this often means better rates. For complex files, the broker's lender relationships may be the only path to approval.

Can HB Mortgage Centre arrange private mortgages on Toronto condos?+

Many Toronto condos qualify for private mortgage financing, but lender criteria vary. Building type, age, square footage, and marketability all affect lender appetite. We assess the specific property and identify which lenders will consider it before any application is submitted.

Is there a fee to use HB Mortgage Centre for a Toronto mortgage?+

For standard residential mortgages, broker compensation is typically paid by the lender - no direct fee to the borrower. For private mortgages and complex files, a borrower-paid fee may apply and is disclosed in writing before commitment.

Speak with a mortgage broker serving Toronto

Call 647-542-6100 or apply online. We review your file and identify the right lender - before any application is submitted.

Apply Call (647) 542-6100

Qualification subject to lender approval, credit assessment, property appraisal, and market conditions. O.A.C. E.&O.E. FSRA Brokerage #13449.

FSRA Brokerage #13449 Â· Hardeep Batoo, Broker Licence #M13002408 Â· Ontario-wide

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