CUSTOM MORTGAGE SOLUTIONS


Unlike the bank where you have access to only one lender, our mortgage solutions include all major banks, major lenders and private lenders. There are two ways to get a mortgage in Canada. One is from a bank, the second is from a licensed mortgage broker. Licensed mortgage brokers have access to hundreds of mortgage products to offer you more choice. We will always tailor a solutions that is unbiased and fits your circumstance. Mortgage professionals work for you, therefore, they work in your best interest.

***Mortgages products & services provided through Dominion Lending Centre Valko Financial Ltd.  Independently owned and operated FSCO 13047

CURRENT MORTGAGE RATES

Take advantage of our current mortgage rates and see how they compare to regular bank rates. Already have a mortgage? Let us help you switch today, hassle-free!

APPLY FOR A MORTGAGE

MORTGAGE


AWealth has an extensive and trustworthy network of financial partners in Canada to meet your investment, insurance, and mortgage needs.

Fixed rate mortgages appeal to clients like young couples who want stability in their payments or manage a tightly monthly budget.

Variable rate mortgages allows borrowers to take advantage of lower rates. (The interest rate is calculated on an ongoing basis at a lenders’ prime rate minus or plus a set percentage).

AWealth will provide you with the best option by ensuring you have a full understanding o the risks and rewards of each type of mortgage.

Those who are self employed may face roadblocks when they are trying to obtain personal financing such as a mortgage or a vehicle loan. As business owners, proving self employment income and income stability can be difficult.

However, Canadian mortgage lenders understand the importance of self employment and have created mortgage programs that are available to the self-employed to finance their homes. Therefore, obtaining a mortgage if you are self employed has never been easier.

Contact AWealth to learn about the mortgage products available today that are structured to help you succeed in your business and personal life.

Thinking ahead and a bit of sacrifice will help you pay off your mortgage in a much shorter period of time.

Here are the steps you should take:

1. Making mortgage payments each week, or even every other week. This will lower your interest paid over the term of your mortgage and paying off your mortgage in this way can take your mortgage from 25 years down to about 21 years.

2. If your income increases, you should increase the amount of your mortgage payments. For example, if you get a 50% raise ease year at work, if you put that extra 5% of your income into your mortgage, your mortgage balance will drop much faster without feeling like you are changing your spending habits.

3. If you inherited some money from a relative or received a nice holiday bonus at work, you should apply this mortgage to your mortgage as a lump-sum payment and watch the results!

Mortgage insurance is required in Canada for any down payments that are between 5% and 19.99%. Mortgage insurance protects the lender should a borrow cease to make payments or default on the loan. This insurance is ideal and helpful for potential homeowners as it gives them a better chance at the real estate market. Without this the of insurance, mortgage rates will be much higher and the chances of defaulting on a loan would increase. This insurance also allows lenders to offer lower rates because they have protection as the risk of a defaulted loan is passed onto the mortgage insurer.

Fixed rate mortgages appeal to clients like young couples who want stability in their payments or manage a tightly monthly budget.

Variable rate mortgages allows borrowers to take advantage of lower rates. (The interest rate is calculated on an ongoing basis at a lenders’ prime rate minus or plus a set percentage).

AWealth will provide you with the best option by ensuring you have a full understanding o the risks and rewards of each type of mortgage.

Those who are self employed may face roadblocks when they are trying to obtain personal financing such as a mortgage or a vehicle loan. As business owners, proving self employment income and income stability can be difficult.

However, Canadian mortgage lenders understand the importance of self employment and have created mortgage programs that are available to the self-employed to finance their homes. Therefore, obtaining a mortgage if you are self employed has never been easier.

Contact AWealth to learn about the mortgage products available today that are structured to help you succeed in your business and personal life.

Thinking ahead and a bit of sacrifice will help you pay off your mortgage in a much shorter period of time.

Here are the steps you should take:

1. Making mortgage payments each week, or even every other week. This will lower your interest paid over the term of your mortgage and paying off your mortgage in this way can take your mortgage from 25 years down to about 21 years.

2. If your income increases, you should increase the amount of your mortgage payments. For example, if you get a 50% raise ease year at work, if you put that extra 5% of your income into your mortgage, your mortgage balance will drop much faster without feeling like you are changing your spending habits.

3. If you inherited some money from a relative or received a nice holiday bonus at work, you should apply this mortgage to your mortgage as a lump-sum payment and watch the results!

Mortgage insurance is required in Canada for any down payments that are between 5% and 19.99%. Mortgage insurance protects the lender should a borrow cease to make payments or default on the loan. This insurance is ideal and helpful for potential homeowners as it gives them a better chance at the real estate market. Without this the of insurance, mortgage rates will be much higher and the chances of defaulting on a loan would increase. This insurance also allows lenders to offer lower rates because they have protection as the risk of a defaulted loan is passed onto the mortgage insurer.

Applying for a Mortgage couldn't be easier?

Let’s discuss your Mortgage Plans

Book Consultation

MORTGAGE TYPES


AWealth can help you grow your financial success from the start. AWealth collaborates with professionals and our in-house experts to ensure that you receive comprehensive financial advice tailored to your investing goals and financial needs.

NEW PURCHASE

Depending on your downpayment amount you can amortize a mortgage for a new property purchase on 25 or 30 years. For any residential property over one million dollars, buyers are required to put a minimum of 20% downpayment and are able to amortize the mortgage over 30 years. Some alternative lenders will allow 35 and even 40 years amortization. For buyers that have less than 20% downpayment and are buying a property that is less than one million dollars, the maximum amortization allowed is 25 years. These buyers will also have to buy mortgage insurance.

NEW PURCHASE

Depending on your downpayment amount you can amortize a mortgage for a new property purchase on 25 or 30 years. For any residential property over one million dollars, buyers are required to put a minimum of 20% downpayment and are able to amortize the mortgage over 30 years. Some alternative lenders will allow 35 and even 40 years amortization. For buyers that have less than 20% downpayment and are buying a property that is less than one million dollars, the maximum amortization allowed is 25 years. These buyers will also have to buy mortgage insurance.

MORTGAGE REFINANCE

Refinancing allows existing home owners to re-amortize their mortgage or in other words, increase amortization from 15 years to up to 30 years in order to improve cash-flow and reduce monthly payments, or it allows existing home owners to take out equity from their home for the purpose of investing, debt pay-off, home renovations or even helping a child purchase their first home.

MORTGAGE REFINANCE

Refinancing allows existing home owners to re-amortize their mortgage or in other words, increase amortization from 15 years to up to 30 years in order to improve cash-flow and reduce monthly payments, or it allows existing home owners to take out equity from their home for the purpose of investing, debt pay-off, home renovations or even helping a child purchase their first home.

MORTGAGE RENEWAL

Most mortgages, although amortized over 25 or 30 years carry a specific term. In Canada 5 year mortgage term is the most popular and usually carries the best rates. Renewal happens when a homeowner comes at the end of their term. The Borrower can then stay with the current lender and renew their mortgage or they can switch lenders. The difference between renewal and refinance is that with renewal, the borrower keeps their existing mortgage amount and mortgage amortization, in other words if you a borrower has 20 years remaining on their mortgage and a balance $100,000, they would have to renew with those same conditions. Should the borrower choose to extend amortization or re-mortgage for a higher amount, they would then be refinancing and not renewing.

With refinancing, the borrower usually has to pay solicitor fees, appraisal fees if required and mortgage penalties if their mortgage term has not come to an end.

MORTGAGE RENEWAL

Most mortgages, although amortized over 25 or 30 years carry a specific term. In Canada 5 year mortgage term is the most popular and usually carries the best rates. Renewal happens when a homeowner comes at the end of their term. The Borrower can then stay with the current lender and renew their mortgage or they can switch lenders. The difference between renewal and refinance is that with renewal, the borrower keeps their existing mortgage amount and mortgage amortization, in other words if you a borrower has 20 years remaining on their mortgage and a balance $100,000, they would have to renew with those same conditions. Should the borrower choose to extend amortization or re-mortgage for a higher amount, they would then be refinancing and not renewing.

With refinancing, the borrower usually has to pay solicitor fees, appraisal fees if required and mortgage penalties if their mortgage term has not come to an end.

CANADIAN HOME INCOME PLAN (CHIP)

Seniors face the challenge of managing with less cash flow than they anticipated. HomEquity bank is the only bank dedicated to older Canadian homeowners with smart and simple ways to use the value of their home during retirement.

CHIP has helped thousands of older Canadian homeowners enjoy more financial flexibility.

CANADIAN HOME INCOME PLAN (CHIP)

Seniors face the challenge of managing with less cash flow than they anticipated. HomEquity bank is the only bank dedicated to older Canadian homeowners with smart and simple ways to use the value of their home during retirement.

CHIP has helped thousands of older Canadian homeowners enjoy more financial flexibility.

CLIENT TESTIMONIALS


We have a large number positive 5 star client reviews

Bryan Gilbert
Bryan Gilbert
2022-05-04
Worked with Andrei Tasevski, to get my first mortgage. He is incredibly knowledgeable and taught me a lot. He explained everything about the mortgage process and helped make me feel confident. I would highly recommend Andrei for anyone looking for a mortgage. Bryan
Jay Bhagatwala
Jay Bhagatwala
2022-01-24
Andrei (Carte Financial Services Inc.) helped me a lot in transferring my existing mortgage to different lender. He provided amazing rates for the same. He is honest, timely and reliable , knowledgeable person. I would highly recommend Andrei for mortgage, RRSP, MFs, TFSA and other financial investments. Thanks Andrei for everything.
Mandeep Singh Ahluwalia
Mandeep Singh Ahluwalia
2022-01-23
Andrei from Awealth has helped me and my family with our financial needs. Andrei has constructed an investment portfolio for our TDSA and RRSP accounts that is outperforming the benchmark. Also, Andrei has set up a risk management plan that has our family fully protected from unforeseen events. Andrei is trustworthy, knowledgeable, patient and most of all a human who cares for other humans. I highly recommend Andrei as a trusted Financial Advisor.
Prashant Warrier
Prashant Warrier
2022-01-22
I have been working with Andrei to help me with my financial planning. We have been working together for over a year and what I really like about him is his ability to explain the pros and cons of the investment, looking at the overall picture in terms of his clients financial position, goals,.risk appetite and charting out a roadmap to achieve the financial goals. Look forward to a working with him closely to achieve financial goals in the coming years! Thank you Andrei for all your help.
trudel dorcine
trudel dorcine
2021-10-21
Andrei from Awealth has been my Financial Advisor for over 7 years I was working with the banks before but Andrei's knowledge and understanding of my needs is way beyond anything else I had experienced before. Portfolio is rock solid, returns are over delivering year of year and I have a written financial plan, again something that the bank never offered me. I strongly reccomed you to connect with Andrei.
Rose Lefebvre
Rose Lefebvre
2021-07-21
My fiancé and I remortgaged our home. I can’t begin to explain what a help Andrei is not only did he find us the best rate but he was able answer any question we had. Very flexible with time (my fiancé and I work odd hours) and very knowledgeable. This was the best choice we made. He’s very friendly and got things rolling pretty quickly. I’d recommend him to anyone and everyone. It’s honestly the most stress free decision you’ll ever make.
Marvin Torreno
Marvin Torreno
2021-02-04
I’ve been investing with Andrei and AWealth for many years. I have 3 children and he setup RESP investments for all 3. He was very helpful and explained the process entirely. I also had my RRSP investments scattered with many banks. Andrei helped me consolidate all of my RRSP investments. On top of that, I am seeing much greater growth now that he is managing my investments (versus what I was getting at the bank). I highly recommend Andrei and AWealth!!
Kavita koundinya
Kavita koundinya
2021-01-04
Andrei recently helped me and my husband refinance our mortgage and is professional, easy to work with and incredibly patient! The whole process was smooth and needless to say we will be coming back to him for any future financial services. Thanks, Andrei and we wish you continued success!
Hillditch D'Souza
Hillditch D'Souza
2021-01-04
Andrei’s integrity and strong financial planing acumen is helping guide our vision towards our goal in a balanced and pragmatic way.
Damien Northmore
Damien Northmore
2020-08-05
referred to me by a dear colleague, Andrei has been an excellent financial advisor! Andrei helped me and my family create a financial plan that includes managing my RRSP, TFSA and Non Registered accounts. ( also points for taking full advantage of an Investment Loan program that I didn't know exist) Also he helped set up an amazing RESP provider that bonuses my child's education fund by 15% each year. Not to mention that he was able to provide better life insurance coverage compared to my previous policies. In terms of cash, I've seen some great returns too. He's a great guy and very responsive and happy to answer any questions I have. Highly recommend!

CONTACT US


Feel free to call or email. You can also fill out the form below to book a consultation with us.

CONTACT US


Feel free to call or email. You can also fill out the form below to book a consultation with us.

Book a Consultation

Which Awealth Plan is right for me? Schedule a consultation on your investment, insurance or mortgage needs.

Book a Consultation

Which Awealth Plan is right for me? Schedule a consultation on your investment, insurance or mortgage needs.