Buy Your
Dream Home
in Ontario
Navigate the exciting journey of homeownership in Ontario. Get expert advice, explore mortgage options, and unlock your dream home!
5-Yr Fixed
4.39%
Best insured rate
3-Yr Fixed
4.59%
Best insured rate
5-Yr Variable
4.55%
Prime − 0.90%
2-Yr Fixed
4.79%
Conventional
0+
Clients Helped
0+
Lender Partners
4.9/5
Google Rating
0%
Approval Rate
0h
Avg Pre-Approval
Ontario Mortgage Calculators
Plan every cost before you make an offer. All calculators are free, instant, and built for Ontario.
Tailored Advice
What's Your Situation?
Select your profile to see exactly how lendsimpl helps you.
Everything First-Time Buyers Need to Know
Access the First Home Savings Account (FHSA) — up to $8K/year, $40K lifetime, tax-deductible
Withdraw up to $35,000 from RRSP tax-free via the Home Buyer Plan
Receive up to $4,000 Ontario Land Transfer Tax rebate + $4,475 in Toronto
Buy with as little as 5% down — CMHC insurance covers the lender
lendsimpl finds first-time buyer mortgage rates you won't see at any bank
Why lendsimpl
Ontario's Best Purchase
Mortgage Brokers
From first-time buyers to seasoned investors, we find the right mortgage at zero cost to you.
Best Rate Access
We simultaneously shop 50+ banks, credit unions, and monolines — then negotiate on your behalf.
First-Time Buyer Experts
Navigate FHSA, RRSP Home Buyer Plan, CMHC, and Ontario first-time buyer programs with full guidance.
Fast Pre-Approvals
Submit documents once. Many clients receive a same-day pre-approval with rate held 90–120 days.
Down Payment Guidance
Explain exactly how much you need and where it can come from — gifted funds, RRSP, FHSA.
Transparent Costs
No hidden fees, no surprises. Every closing cost clearly explained including LTT and legal fees.
Always Available
Your broker is reachable nights and weekends — whenever your Realtor has urgent news.
Your Journey
From Pre-Approval
to Key Handover
Five steps to owning your Ontario home with lendsimpl guiding every one.
Free Consultation & Pre-Approval
Review income, credit, and goals. Submit to lenders — same-day pre-approval with rate held 90–120 days.
House Hunt with Confidence
Your Realtor knows your exact budget. Make fast, confident offers without financing delays.
Offer Accepted — Mortgage Firm-Up
We submit full documentation and manage all conditions to keep your timeline on track.
Lender Approval & Commitment
Lender issues a mortgage commitment. We review every term with you before you sign anything.
Closing Day
Lawyer handles title transfer and fund flow. Pick up your keys — we stay available post-close.
Down Payment Guide
How Much Do You Need?
Homes under $500K
CMHC insurance required
$500K – $999,999
5% on first $500K, 10% on remainder
$1 Million+
Conventional mortgage — no CMHC
Ontario Buyer Programs
First Home Savings Account (FHSA)
New 2023Up to $8K/year, $40K lifetime. Tax-deductible contributions, tax-free qualifying withdrawals.
Learn moreRRSP Home Buyer Plan (HBP)
ClassicWithdraw up to $35,000 tax-free from RRSP toward your first home down payment.
Learn moreOntario Land Transfer Tax Rebate
Save $8,475Up to $4,000 provincial rebate + up to $4,475 City of Toronto rebate for first-time buyers.
Learn moreSelf-Employed Mortgage Options
Alt-A LendersSpecialist lenders for business owners and contractors with non-traditional income.
Learn moreUnderstanding Mortgage
Default Insurance
Required when your down payment is under 20%. The premium is added to your mortgage — not out of pocket at closing.
Down
5–9.99%
On $500K insured ≈ $20,000 added
Down
10–14.99%
On $450K insured ≈ $13,950 added
Down
15–19.99%
On $425K insured ≈ $11,900 added
Why accept CMHC insurance?
- Get into the market sooner — no need to save 20%
- CMHC-insured mortgage rates are often lower than conventional
- Premium spread over 25 years is manageable per dollar borrowed
- Qualifying purchase price now up to $1.5M as of Dec 2024
Serving All of Ontario
Purchase Mortgages Across Every Ontario City
Don't see your city? Contact us — we serve all of Ontario.
Client Stories
What Ontario Home Buyers Say
"lendsimpl found me a rate 0.4% lower than my bank offered after 20 years. The whole process was done in 3 weeks, completely online. Amazing service."
Sarah M.
Toronto, Ontario
Everything You Want to Know About Buying in Ontario
Can't find your answer? Our FSRA-licensed brokers are available 7 days a week at no cost to you.
FSRA Licensed
Brokerage #13763
4.9/5 — 500+ Ontario families helped
FAQs
Still have questions? Chat with a broker — free, no obligation.
Get Pre-Approved for Your Ontario Home Mortgage Today
Free consultation, no hard credit pull to start, and expert guidance from FSRA-licensed brokers. We respond same business day.
FSRA Brokerage #13763 · Unit 209 – 3852 Finch Ave E, Toronto, ON M1T 3T9