I was referred to MAS mortgage by one of their many clients, as soon as I set foot I felt like one of their family members. Their integrity and professionalism was exceptional. My expectations were met and would definitely recommend their services.
MASSMORTGAGEGROUP.COM
MORTGAGE BROKERS IN TORONTO NORTH AREA
Residential & Commercial Mortgage Solutions
Meet our team of specialized mortgage brokers and mortgage agents. Our Ontario-based mortgage brokers and mortgage agents are licensed and affiliated with Mortgage Intelligence, one of the biggest and most prestigious brokerages in Canada with over $44 billion mortgage organizations annually partnered up with over 55 lenders including major banks.
At MassMortgageGroup.com, our GTA mortgage agents are confident about the services we provide and will not shy away from giving you references. The two main leaders of our team Shierly Mofidi and Arshia Shirazi formed the group with the vision to differentiate their service by offering a very personalized approach through customized mortgage products that meet each individual client’s mortgage needs. Read More
Weekly Promotional Mortgage Rate
4.89%* 5 years fixed
5.80%* 5 years variable
Rates are subject to change without notice!
Some conditions may apply!
*High Ratio Insured Mortgage
WHY CHOOSE
MASSMORTGAGEGROUP.COM
12+ years of Mortgage Experience
Have Access to more options and customized mortgage solutions
Efficient Mortgage Service: Quick, friendly and highly customer-centered
Independent Mortgage Brokers who work for you, not the banks
Have access to a network of over fifty lenders (Banks and institutions)
ABOUT MASSMORTGAGEGROUP.COM
As an expert group of Mortgage Agents and Mortgage Brokers in the GTA, we are working side by side with you to identify your exact Mortgage Financing needs. Find out further information about our group and how we can help you with any borrowing needs!
MORTGAGE PROGRAMS & SERVICES
LICENSED MORTGAGE AGENTS/ BROKERS IN GTA, ONTARIO
Let our team specialize mortgage brokers and mortgage help you to find a mortgage that fits your needs!
Our Ontario based Mortgage Broker Offers the following services
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Are you interested in getting a housing loan? We can help. Our GTA residential mortgage brokers/agents have the experience to secure a wide spectrum of mortgages.
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If you are self-employed or a business owner and not able to provide confirmable income documents, our mortgage brokers have several solutions for you.
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FIRST & SECOND PRIVATE MORTGAGES
Having trouble getting a mortgage from a big bank? As mortgage brokers, we have access to non-traditional lenders.
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Home equity line of credit is a kind of revolving loan that is secured against the equity of your house. Get access to the equity in your home now by obtaining a Line of credit.
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Thinking of buying commercial real estate? Our Mortgage Broker can help you. We work with institutional and private lenders to get you the right mortgage.
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Let our GTA Mortgage Agents/Brokers take a look at your project and customize a Mortgage Solution that suits your needs.
MORTGAGE BLOG
Keep yourself updated with our Mortgage Blog Posts. Education empowers you to make a proper decision. Find the most relevant and up to date information about the industry and available options here.
OUR SPECIALIZED
FINANCING SOLUTIONS
LICENSED MORTGAGE AGENTS/ BROKERS
IN ONTARIO
LINE OF CREDIT
PRIVATE 1ST MORTGAGE
PRIVATE 2ND MORTGAGE
COMMERCIAL MORTGAGE
CONSTRUCTION LOAN FIRST POSITION
FLEXIBLE UNSECRURED BUSINESS LOAN
TESTIMONIALS
Read what clients have said about MassMortgageGroup.com - Mortgage Agents
based in Ontario
- 1. WHAT IS THE ADVANTAGE OF WORKING WITH A MORTGAGE AGENT/BROKER?
- 2. WHAT IS A HOME EQUITY LOAN?
- 3. WHAT ARE THE ADVANTAGES OF A HOME EQUITY LOAN?
- 4. WHAT CAN I USE A HOME EQUITY LOAN FOR?
- 5. HOW DO I CALCULATE THE EQUITY IN MY HOME?
Experience: All our mortgage brokers are well-versed in every aspect of the mortgage industry. Moreover, our team consists of seniors, with each possessing more than ten years of experience.
Independent: While we represent both borrowers and lenders, we are independent brokers who work for you, and not the bank! This is because our business is primarily built through referrals, which means your satisfaction and your positive mortgage experience is essential for our business.
Efficient service: Our services are quick, friendly, and highly customer-centered. We are committed to serving you even after your transaction is complete. We’re available at all times to answer your questions and work around your schedule, to help you save time and energy.
Excellent connections: We have access to a network of over fifty lenders, which enables us to offer various programs as well as customize each mortgage product to suit your needs. With us, the SKY is your limit, not your bank!
No cost. We get compensated by the lender for arranging mortgages. So, fees are the least concern for the majority of our clients. All our mortgage market updates and annual reviews provided by our agents are also free of cost.
Real estate usually appreciates over time, so the chances are the value of your home has increased since you bought it. By obtaining a Home Equity Loan or Mortgage, you can get access to money based on the increased market value.
You can calculate how much you can borrow with a home equity loan by using the following equation:
PRESENT VALUE OF YOUR HOME – THE AMOUNT OWING ON YOUR MORTGAGE = HOME EQUITY
For example:
If you bought a home 20 years ago for $400,000 and have paid $250,000 of your first mortgage you now only have $150,000 remaining to pay.
Over the twenty years that you have owned the home, its value has increased, giving it a present-day value of $850,000. By taking the present-day value and subtracting the amount remaining on your mortgage, you will get your home’s equity.
$850,000 (PRESENT DAY VALUE) – $150,000 (AMOUNT REMAINING ON INITIAL MORTGAGE) = $700,000
With MASS Mortgage Group’s home equity loan, you can have access to a portion of your home’s equity within ten days.
Capitalizing on a Home Equity Loan has two primary advantages.
- Lower interest rate.
The interest rate you pay on your average home equity loan is lower than the interest rate you will pay on your average credit card by at least eight percent. Home equity loans also have a lower interest rate than personal loans and other types of non-secured debt. - Tax savings.
If you obtain a home equity loan, you may be able to deduct the interest you pay on the money you borrow. However, it depends on what the money is used for. Also, the interest you pay on credit cards and personal loans is generally not tax-deductible.
You can use a home equity loan for anything you need the money for. Some of the common reasons people apply for a home equity loan are:
- Home improvements
- Investment purposes
- Debt consolidation
- To buy another piece of property
- Pay off educational expenses/tuition
- Start a business or grow an existing business
- Take a dream vacation
- Finance medical emergencies
- For additional cash flow.
You can calculate how much equity exists in your home by using the following equation:
PRESENT VALUE OF YOUR HOME – THE AMOUNT OWING ON YOUR MORTGAGE = HOME EQUITY
To do so correctly, you first need to calculate how much home equity you have by following the formula mentioned above. Once you’ve determined your home’s equity, with MASS Mortgage Group’s home equity loan, you can have access to a portion of your home’s equity within ten days.