Mortgage Services

First Time Home Buyers

Buying your first home? This can be a big step! As a mortgage broker, we will help you manage your money, not just your mortgage. Whatever life throws your way - we will be here to help you:

  1. Maximize your cash flow

  2. Find out what you can afford

  3. Develop a mortgage plan that works for you

  4. Make informed financial decisions

Best Mortgage Loans will support you every step of the way from shopping for your home, to making an offer to getting your keys. We help you understand the process and ensure that you get personalized advice on the best mortgage solution for you and your needs. Request our First Time Home Buyers Guide today!

Six Incentives For First Time Buyers

The First Home Savings Account (FHSA)

The First Home Savings Account (FHSA) combines the features of an RRSP and TFSA to give prospective homeowners some tax relief and a boost toward their homeownership goals.

For those who are in the saving stage of their home buying journey, there is no downside to the FHSA as a savings vehicle.

If you’d like to know more about this new program, or any of the other first-time homebuyer programs available, contact us today!

FHSA Highlights

Expanding Ontario’s HST Rebates for New Homes

Did you know that Ontario’s new HST rebate could significantly reduce the cost of buying a newly built home?

Curious to know how the rebates could impact you? Download the PDF today for all the updates!

Download PDF

Are you an Employee or Volunteer with the Hamilton Health Sciences?

If so, we have an opportunity for you!

At Best Mortgage Loans, we’re proud to support the dedicated employees and volunteers of the Hamilton Health Sciences (HHS) by offering exclusive mortgage discounts through the HHS Employee Discount Incentive Program (EDIP). This special offer provides meaningful savings on home financing, tailored specifically for those who serve our communities. If you're an HHS employee or volunteer, you can read the full list of benefits below and discover how this exclusive opportunity can help you on your path to homeownership. Contact us today to get started!

    1. Discounted interest rates on mortgages. No fees on residential qualifying mortgages.

    2. FREE consultation for home purchases, home refinances, switch/transfer, debt consolidation, investment properties, second homes etc.

    3. Ever mortgage funded through BMLI will be reimbursed up to $300 on appraisal fees AND cashback of $500 after closing.

      (**Minimum mortgage amount of $250,000. Commercial mortgages and mortgages that require a private lender will be charged a fee.)

  • Show your HHS badge, Employment Letter, or Recent Paystub upon availment.

  • Message Scott at (905) 667-8088 or email scottconte@bestmortgageloans.ca

Self-Employed Borrowers

Self Employed? No problem! At Best Mortgage Loans we have access to a wide variety of options including products specifically geared towards Self-Employed individuals who may not be able to provide traditional income verification i.e. pay stub, employment letter. Whether you are incorporated, sole-proprietor, under contract, commission based, etc., we will make sure to find a product that is suitable for you!

More BMLI Services

  • A pre-approval is a crucial step in the home buying process as it allows us to review your financial situation beforehand. A pre-approval not only secures a rate and provides you with a realistic idea of how much you can afford, but more importantly it gives you confidence in the financing when you decide to make an offer.

  • Typically the goal with a mortgage is to pay it off, but for many homeowners a refinance can prove to be beneficial. Here are just a few reasons to refinance your mortgage:

    -Consolidate high interest credit cards

    -Better interest rate / lower monthly payment

    -Renovations and home improvements

    -Education

    -Investments

  • A renewal is a great time to explore your options - or better yet, let us do it for you! Many homeowners don’t take the time to re-evaluate their mortgage goals, which tends to cost them in the long run. Did we mention that there is no cost to transfer your mortgage on renewal? What are you waiting for, contact us today!

  • An investment / rental property can be lucrative with the right strategy and proper advice - That’s where we can help! We work with the borrower to ensure the property is affordable not just from a qualifying aspect, but also cashflow. Turn your investment dreams into realty - contact us today!

  • A Home Equity Line of Credit is a versatile borrowing tool that allows homeowners to access the equity in their home on a revolving basis. There are many benefits of a HELoC but the main ones compared to other forms of borrowing i.e. credit card or unsecured line of credit, are that it has a lower interest rate, and the minimum monthly payment is interest only. This makes it an attractive option for homeowners who are looking to borrow funds for large expenses such as home renovations, college/university, or a second home/rental property. Overall, when used strategically a HELoC can be a useful financial tool if you are looking to access the equity in your home while keeping borrowing costs relatively low.

Download Our BMLI App!

Any Questions?

For more information about our mortgage services offered at Best Mortgage Loans Inc. book a call with owner, Scott Conte.

Book a Call