Hi,
I have a few questions to ask. 
I have got a better job opportunity in Toronto, Canada and will be shifting there soon with my wife. We are planning to get settled there.
We will be living in the apartment provided by the company for the first 2 months. After that, I will have to find a home. We are thinking of purchasing a condo there because we do not want to keep changing homes every now and then. 
I was looking at the different home rates there. I found that the rates are high. So I will have to depend on a mortgage for this. Since I have a stable income, it will not be difficult for me to pay off the monthly installments. So I am looking for the top mortgage broker in Toronto so that I can get a clear idea about things. Is it better to approach a mortgage broker or a lender?
I need to know about the mortgage rates in Canada. Please help me out. 
 

Edited May 17, 20179 yr by carl

I am also interested in a mortgage expert, if someone could help me.

On 12/9/2020 at 8:05 PM, Olivoil said:

I am also interested in a mortgage expert, if someone could help me.

Yes, in questions like this you need a good mortgage broker to help you out. Knowledge is everything in our days and making such an important change in your life is always followed by a risc, therefore when I moved to another city I asked for help mortgage brokers from Harrogate. They did an excellent job explaining me which is the best way to spend my financial resources and how to avoid loosing my money on scammers. I can confidently recommend their services as they helped me and my family not only a single time.

Edited December 10, 20205 yr by Unaunauna

Since you’re moving to Toronto, I’d start with a licensed Canadian mortgage broker rather than going straight to one bank. A broker can compare lenders, explain the qualifying rules and stress test, and tell you what documents you’ll need as a newcomer. Get pre-approved before shopping, and budget for condo fees, property tax, insurance, and closing costs, not just the mortgage payment.

Also compare the actual APR, penalties, and fixed versus variable terms. Open House Finance is more relevant for U.S. mortgages, so make sure any broker you contact is licensed in Ontario and familiar with newcomer applications.