Our Mission – to help you.
Our mission at Defined Mortgage Services Inc. is to use our experience and contacts in the financial industry to source mortgage financing to meet your needs and objectives.
We specialize in financing for self-employed applicants, applicants with past or current credit challenges, applicants who want to re-establish credit after bankruptcy or consumer proposal and Debt Consolidation
Our Services
Refinancing
Has your lender offered you the going rate to renew? Have they taken the time to discuss your current needs and wants? Do you need to renovate, pay for your child’s education or want to take a well-deserved vacation? Consult with Defined Mortgage Services to plan and execute a strategy that works for you.
Purchase
Whether you are buying your first home, upgrading or downsizing, trust Defined Mortgage Services to determine the best mortgage product, term and rate applicable to your personal circumstances. Call us for an initial consultation when considering a purchase and provide purchase agreement and listing when you enter into an agreement to purchase and we will do the rest.
Debt Consolidation
Have circumstances gotten in the way of your financial wellbeing? Are you on the never-never plan meeting minimum monthly payments? Tossing and turning at night due to credit card debt, personal income tax or property tax arrears? Trust Defined Mortgage Services to consolidate debt into one manageable monthly payment.
Our Latest Articles
Are You Stressed by OSFI’s ‘Stress Test’ Yet?
Effective January, 2018, the qualifying rate for uninsured mortgages, (20%+ down payment), will be the greater of the five-year benchmark rate published by the Bank of Canada, (4.89% today), or the contractual mortgage rate + 2%. In plain English, IF the 5...
Valuable Tips about how to Pay off your Mortgage Faster
When shopping for a mortgage, the lowest rate should not be your only concern. Pay attention to the three ‘P’s’: Prepayment privileges By how much can you pay down your mortgage annually without being penalized? Penalties What penalty will you pay to pay your mortgage...
Buying a rental property? Consider this:
A rental property can be a lucrative investment. Before purchasing, however, do your homework by considering the following important factors: Realistic Rental Income Consult with real estate professionals to determine the ‘fair market rents’ applicable to your...
Should you pay down the mortgage or invest?
One of the biggest debates in the personal finance community is whether someone should use their extra cash to pay down the mortgage or put that money to work in investments. The mortgage paydown strategy is popular with risk-adverse folks. Investing is risky, while...
Spring Fresh Home Maintenance Tips
A well-maintained home is a smart way to ensure your home is safe, and that its value continues to rise, whether you plan on selling it now or in the future. Here are some tips: Double check you've got smoke detectors on each floor of your home, test them regularly...
Five ways to improve your credit score
If you currently have a mortgage or are looking to obtain one, it is imperative you maintain a healthy credit score. The three digits that make up your credit score tell a lender a lot about your credit history and ultimately the status of your financial health....
Book an Appointment
Book your free consultation today to achieve your financial objectives.
Email: adoria@mtgarc.ca
Telephone: 647-201-0167
