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Haystax Mortgage (ON)
As Mortgage Brokers, we work carefully and diligently in order to provide our clients with the financing solutions they deserve. To us, there’s nothing more important than client satisfaction, which is why our promise is to find the right mortgage for each client based on their financial situation and property preferences.
Mortgage Guidance That Feels Like Home
From first questions to final decisions, we're here to help you find the mortgage that feels right for you.
Buying Your First Home
Buying your first home should feel exciting, not overwhelming. I’ll guide you through every step, explain your options clearly, and help you secure a mortgage that fits your life, your budget, and your future, with confidence and without pressure.
Renewing
Renewing your mortgage doesn’t have to be automatic. I’ll review your current terms, explore better options if they exist, and help you renew with clarity and confidence, making sure your mortgage still fits your life today and ahead.
Refinancing
Refinancing is about making your mortgage work harder for you. I’ll help you explore ways to lower payments, access equity, or adjust your terms: clearly, thoughtfully, and with your long-term goals in mind.
Self-Employed Mortgages
Self-employed doesn’t mean out of reach. I’ll help you navigate income complexity, find lenders who understand your situation, and secure a mortgage that reflects your true earning power: clearly, confidently, and without unnecessary stress.
Debt Consolidation
Debt consolidation can create breathing room. I’ll help you combine higher-interest debts into a simpler mortgage solution, reduce monthly strain, and bring clarity back to your finances, so you can move forward with confidence.
New To Canada
New to Canada and ready to buy? I’ll help you understand your options, work with lenders who support newcomers, and guide you through the process step by step, making your path to homeownership clear, welcoming, and achievable.
Vacation Properties
Thinking about a vacation property? I’ll help you understand financing options for cottages and second homes, plan smartly for the long term, and secure a mortgage that supports your lifestyle, without turning the dream into stress.
Reverse Mortgages
Reverse mortgages are about choice and flexibility. I’ll help you understand how accessing home equity can support your lifestyle, answer your questions clearly, and make sure this option fits your goals, comfortably and on your terms.
How Much Can You Afford?
Try one of the following calculators to run some scenarios. After which, we would be more than happy to assist you with any questions you may have.
Who We Are
Principal Broker
Scarborough
Haystax Mortgage Agent Opportunities
Ready to take your career to new heights as a Mortgage Agent? Join our team at Haystax and become part of a dynamic and experienced group dedicated to helping clients achieve their homeownership dreams. As a Mortgage Agent, you'll play a vital role in turning these dreams into reality. This 100% commission role requires a mortgage broker/agent license, offering you the opportunity to shape your success while helping others achieve theirs.
Latest News
Canada Mortgage Market Update: Affordability Gains, Construction Trends and Market Activity
Canada’s mortgage and housing landscape is showing mixed signals as the year draws to a close. Recent data point to modest improvements in home affordability, a stronger housing starts report, and ong... ...more
Mortgage Market Update
December 29, 2025•3 min read
Canada Mortgage Market Update: Delinquency Trends, Housing Starts and Household Debt
Canada’s mortgage market is navigating a period of mixed signals. Recent data show a national decrease in mortgage delinquencies, a surge in housing starts in November, and a rise in household debt re... ...more
Mortgage Market Update
December 15, 2025•3 min read
What Canada’s current mortgage climate means for borrowers and lenders
What Canada’s current mortgage climate means for borrowers and lenders ...more
Interest Rates
December 08, 2025•3 min read
Frequently Asked Questions
What's the best mortgage rate I can get?
Consumers increasingly begin their mortgage search by asking about the best rate available and that’s understandable. Interest rates vary based on your financial profile (credit score, income, down payment), the type of mortgage you choose (fixed vs. variable), and the lender you work with.
There isn’t one “best” rate for everyone. The lowest advertised rate might be tied to products with restrictions or penalties. What matters most is what rate you personally qualify for and how it fits with your goals. A mortgage professional can help you compare multiple lenders to find the most appropriate rate for you.
How much down payment do I actually need?
Down payment requirements in Canada are standardized based on the price of the home:
5% of the first $500,000
10% of the portion between $500,000–$1,499,999
20% for homes $1,500,000 and up
Example:
If a home is $750,000, the minimum down payment is:
5% of the first $500,000 = $25,000
10% of the remaining $250,000 = $25,000
Total minimum = $50,000
If your down payment is less than 20%, you’ll need mortgage default insurance (through CMHC or private insurers), which protects the lender, but allows you to buy sooner.
How much house can I afford or how much mortgage will I get approved for?
Lenders in Canada assess affordability by looking at:
Your income and employment stability
Your debt obligations
Your credit history
Your down payment amount
Your total monthly housing costs relative to income
These factors feed into ratios like the Gross Debt Service (GDS) and Total Debt Service (TDS). These guidelines help determine how much mortgage you’re likely to be approved for.
Getting pre-approved with a lender gives you a solid number to work with before you start house hunting.
Should I choose a fixed or variable rate mortgage?
This is a very common question for borrowers.
Fixed rate means your interest rate stays the same for your term. It offers predictability — great if stability is important to you.
Variable rate may start lower, but it can change with market conditions. That can mean savings if rates fall — or higher costs if rates rise.
Both have advantages and trade-offs. There’s no universal right answer. It depends on your comfort with risk, your financial plan, and views on the interest-rate environment.
A mortgage professional can help you weigh which option aligns best with your goals.
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