March 2014 | Mortgages.ca

When is Mortgage Loan Insurance Required?

March 31, 2014 / Posted By James Harrison

Mortgage Loan Insurance is a Canadian program, implemented as a requirement associated with mortgage loans when the down payment is less than 20% of the total cost of the home. Read More…

Mortgages.ca

5.0

Svetlana Kostyrko

00:41 23 Aug 19

We worked with James and he helped us to get amazing percents with 5 years closed in one of the top5 Canadian Banks despite we were new immigrants and had only 5% downpayment and were already rejected by TD Bank before we came to James. Even the Bank employee was shocked when we came to brunch meeting: he said that the Bank didn't offer such low percents these days. James is really a magician and we are so happy and grateful. Thank you again, James. It was a great pleasure to work with Mortgages.caread more

Sherwyn Maramot

00:14 18 Aug 19

Absolutely brilliant! Never knew getting a mortgage is that easy. James and team made our first time homebuyer experience a memorable one!!read more

Lauren Pelley

18:58 06 Aug 19

We've had a great experience working with James and the Mortgages.ca team for more than a year now, including securing a mortgage for our first home. On top of that, the team alerted us to other great opportunities, such as a program to complete our home renovations and later helped us lower our interest rate. We highly recommend the broker route for anyone buying a home!read more

DeeptiSiddharth M

23:21 02 Aug 19

It was a pleasure to have Steve and Zayna to help us out with our mortgage needs. We not only needed a good rate mortgage but also so many other things to get it approved. Steve and Zayna were very professional and very quick to response. They were always available when needed and helped us out beyond the call of duty. They were there every step of the way and we would highly recommend them.read more

Jeanette O'Sullivan

17:46 15 Jul 19

James was fantastic to deal with, responsive and thorough — he helped me deal with my specific situation, manage my expectations. and let me know from the outset exactly what documentation he needed to help secure a mortgage from an A lender.read more

Tom Mahn

17:01 12 Jul 19

Great experience working with Mortgages.ca Buying this first home is stressful enough by itself. Its good to have professionals on your side that help you through all the steps of getting a mortgage . Thank you so much. You made our dream a possibility.read more

Marg King

19:53 26 Jun 19

We, as a family, have had the pleasure of re-mortgaging with Steve at Mortgage Architects. I have never done business dealings with anyone as professional as Steve. He was recommended to us by a friend and had the rare knack of making us, strangers, feel right at home from the very beginning to the end. No question asked was considered a stupid question. We felt very comfortable conversing with him and he took the time to explain in depth until we completely understood. Although we never got to meet him in person, we will always remember his professionalism, quick responses and courteous manner. We will definitely pass his name on. Thank you Steve, for getting us on the right road to a happy ending.read more

Andrew

12:48 07 Jun 19

I recently renewed my mortgage with James and was very happy with the result. Compared to my previous lender (BMO), I found James much more knowledgeable on the options available and most importantly (for me, at least), he was able to provide me with a much better rate that I could find with one of the big banks.read more

Danielle Astor

15:20 23 May 19

Steve was more than fantastic ! He was attentive and made this experience smooth , easy and informative! I have suggested you Steve to every one I know !read more

Steve Mattar

16:56 22 May 19

My wife and I were lucky to be referred to James by our friend. He made the whole process easy and most importantly he made sure we got even better rates then what the banks post. I will be using him again and I will be referring him to everyone I know as well. Thank you James for all your hard work. Steve and Audreyread more

Jeffery Lum

00:07 25 Apr 19

The experience working with James and his team was amazing from start to finish! It was my first mortgage for my first home and James was great at explaining what was needed, any next steps, got me pre-approved within a day and even responded to me on the weekend as I had questions while putting in my offer. The quick turnaround on rates and other data points that I asked about made it really easy to for me to make decisions. On top of that, it was the best rate I got. I would definitely recommend going through James for any future financing needs!read more

Stephanie Hickman

17:24 02 Apr 19

I was looking to purchase a second condo and having had such a great experience with James the first time, working with him again was a no-brainer. I had a lot of questions - James and his whole team were always available to answer and sometimes (re answer) my many questions. They made a confusing and seemingly daunting process very easy for me. I will absolutely work with James again.read more

David Muthurajah

03:10 01 Mar 19

I was looking to purchase my first home (condo) and so a close friend of mine put me in touch with James. James and his team were excellent! They helped me through the whole process, answered all of my questions and provided me with the information I needed to make informed decisions. With James' help, I was able to purchase my first home! I highly recommend James, he will take care of you very well!read more

Travis Kim

20:43 04 Feb 19

Steve brought transparency, availability and a whole lot of experience to the table. The process was far more efficient than other banks and brokers I dealt with. All of our interactions were digital or over the phone - I didn’t have to go into the office once! Steve and Zayna, thanks for making the purchase of my first house possible!read more

kirsty strong

14:12 25 Jan 19

James and his team were recommended by my realtor, Brendon Cowans, and did a top job. They were exceptionally responsive and eager to help and made the whole process a streamlined one from start to finish. I would highly recommend and will definitely use them again in the future.read more

Norm Forshner

23:34 28 Nov 18

James and his staff did a great job providing us a mortgage although we have non traditional incomes. Another broker could not find us a top lender and the rates were much higher than what James was able to provide. I would highly recommend him to anyone.read more

Next Reviews

Mortgages.ca

When is Mortgage Loan Insurance Required?

mortgages.ca

Calculators

Mortgages

Get In Touch

Latest News