Mortgage Brokers Oshawa
Local Knowledge. More Options. Your Oshawa Mortgage, Simplified.
Applying for a mortgage in Oshawa can feel overwhelming, especially with so many lenders, products, and terms to compare, all while trying to make one of the biggest financial decisions of your life.
With mortgage rates constantly shifting in response to the Bank of Canada’s policy changes and broader market conditions, timing and expertise matter more than ever. Working with a local Oshawa mortgage broker means having a dedicated team in your corner who understands the Durham Region market, has access to dozens of lenders, and knows how to structure your application to secure the strongest approval possible.
Whether you’re a first-time buyer, renewing, or refinancing, a mortgage professional takes the guesswork out of the process so you can focus on finding the right home and not the right rate sheet.
Why LendToday in Oshawa?
Growth Continues in Oshawa
Located along the north shore of Lake Ontario, the City of Oshawa is the largest urban municipality in Durham Region with a population over 185,000, comprising an area of approximately 143 square kilometres (55 sq. mi.) and an eastern gateway to the Greater Toronto Area (G.T.A.). Only 60 km from downtown Toronto, companies in Oshawa have quick and convenient access to Canada’s largest consumer market of more than 6 million people and are located within a day’s drive of more than 135 million North American consumers.
Our information and data points are sourced from Oshwawa Economic Development. You can find sources here
Broker Tip: When the big banks say no, it does not always mean the answer is no. Many alternative lenders available to Oshawa borrowers are willing to look beyond the standard approval criteria that traditional banks follow. Rather than focusing purely on the numbers, these lenders take a broader view of your financial situation and what you can realistically afford. This is exactly why working with a local mortgage professional makes such a difference. A broker who knows the Oshawa market understands which lenders are the right fit for you and can present your application in a way that tells your full story, giving you the best possible chance at an approval that works for your life.
Fun Fact: During World War II, Oshawa was home to Camp X, a secret elite spy training facility
Try Our Mortgage Payment Calculator
Lenders don't just look at your credit score. Use our Debt Service Ratio tool to see if your income and expenses meet the standard Canadian mortgage benchmarks.
FAQs
Answers from the LendToday Team Serving Oshawa and the Durham Region
What is the difference between a mortgage broker and a bank?
A bank can only offer you their own mortgage products, meaning you are limited to whatever rates and terms that one institution decides to give you. A mortgage broker works independently and has access to dozens of lenders including major banks, credit unions, and alternative lenders. This means a broker can shop your application across multiple lenders to find the best rate and product for your specific situation, all at no cost to you in most cases.
How do I know how much I can afford?
A good starting point is looking at your household income, monthly debts, and how much you have saved for a down payment. Lenders in Canada use specific debt ratio guidelines to determine how much they are willing to lend you. The best way to get an accurate number is to connect with a mortgage professional who can review your full financial picture and provide you with a real pre-approval, so you can shop for a home with confidence knowing exactly what your budget looks like.
What is the difference between a fixed and variable rate mortgage?
A fixed rate mortgage locks in your interest rate for the entire term of your mortgage, meaning your payments stay the same no matter what happens in the market. A variable rate mortgage fluctuates with the Bank of Canada’s prime rate, meaning your rate and sometimes your payment can go up or down over time. Fixed rates offer predictability and peace of mind while variable rates can offer savings when rates are trending downward. A mortgage professional can help you decide which option makes the most sense for your financial goals.
What is the difference between renewing and refinancing?
Renewing your mortgage simply means signing a new term with your existing lender or switching to a new one when your current term expires, without changing the overall structure of your mortgage. Refinancing on the other hand means making changes to your mortgage before the term is up, which could include accessing your home equity, consolidating debt, or changing your mortgage amount. Refinancing can be a powerful financial tool, but may come with penalties depending on where you are in your term. A mortgage broker can help you weigh the costs and benefits to determine if refinancing makes sense for your situation.
Can I do the mortgage application all online and digitally?
Yes, absolutely. Our entire mortgage process can be completed online from start to finish. From your initial application to document submission and final approval, everything can be handled digitally at a time that is convenient for you. There is no need to take time off work or sit in a bank branch. Simply apply online, upload your documents securely, and our team will guide you through every step of the process.
Mortgage Broker Services in Oshawa, ON
Our team has helped thousands of clients across the GTA secure custom solutions, from HELOCs to refinancing and everything in between.
Home Equity Loan
Your home has value — let it work for you. A home equity loan gives Oshawa homeowners access to funds at a fixed rate, without the need to sell or restart your mortgage from scratch.
Learn moreHome Equity Line of Credit (HELOC)
A HELOC gives you the flexibility to borrow what you need, when you need it. Ideal for ongoing projects, emergency funds, or managing cash flow without disrupting your existing mortgage.
Learn moreHome Renovations
Ready to upgrade your Oshawa home but not sure how to fund it? We help homeowners tap into their equity to finance renovations at rates far better than personal loans or credit cards.
Learn morePrivate Mortgages
Not every borrower fits the bank's checklist and that is okay. Our network of private lenders in Ontario focuses on the equity in your property, not just your credit score or employment history.
Learn moreHome Purchase
Buying a home in Oshawa is one of the biggest decisions you will make. Our brokers shop dozens of lenders on your behalf to secure the best rate and terms so you can close with confidence.
Learn moreStop Mortgage Default
Falling behind on your mortgage does not have to mean losing your home. We work quickly with Oshawa homeowners to explore equity-based solutions that stop Power of Sale before it goes too far.
Learn moreDebt Consolidation
High interest debt from credit cards, car loans, or lines of credit can drain your monthly cash flow. We help Oshawa homeowners roll multiple debts into one manageable mortgage payment at a much lower rate.
Learn moreMortgage Refinance
Whether your goals have changed or your current rate no longer makes sense, refinancing your Oshawa mortgage can free up cash, lower your payments, or help you access equity you have built over time.
Learn moreLand Mortgages
Financing vacant land, rural acreage, or agricultural property requires a lender who understands the unique nature of these purchases. We connect you with the right lending partners across Ontario.
Learn moreSecond Mortgages
A second mortgage lets you access the equity in your Oshawa home without breaking your existing mortgage. It is a smart option for homeowners who need funds but want to avoid costly prepayment penalties.
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