Mortgage Broker in London, Ontario

No. Ontario mortgage brokers are licensed province-wide and can serve any city online and by phone. lendsimpl is based in Scarborough and serves London clients across Ontario.

Home purchases, mortgage renewals, refinancing, HELOCs, private mortgages, debt consolidation, first-time buyer programs and commercial financing, with one broker on your file.

A broker compares options from many lenders, including prepayment privileges and penalty structures, not just the rate. Rates depend on your file, the lender and the product, so no broker can promise a lower rate than your bank. We explain the trade-offs so you can choose.

Any fee that applies to your file is disclosed in writing before you commit. On private files, lender fees and broker fees, where they apply, are disclosed in writing before you commit.

It depends on how complete your documents are and on the lender. We tell you what we need up front so there are no surprises. Many lenders let you hold a rate for up to 120 days.

A mortgage broker is a licensed professional who submits your application to lenders, compares the options and explains them in plain English.

A decline does not close every door. Alternative and private lenders assess files differently, and each comes with different costs and trade-offs. We explain your options before you decide.

lendsimpl is licensed and regulated by FSRA (Brokerage #13763), required to disclose fully and act in your interest. We serve London and communities across Ontario.