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How We Provide the Best Mortgage Rates in London

Whether you’re looking for a mortgage financing to buy your first home, renew your existing mortgage, or refinance to consolidate some higher-rate debt, Altrua is determined to provide the best mortgage rates in London. We do this consistently by:

• Ensuring every lender is checked – not just two or three lenders.
• Ensuring the maximum rate discount is applied at the lender.
• Apply our lender-paid, mortgage broker commission to lower your rate even further.

We offer the best mortgage rate the first time you ask – and we build trust quickly with our clientele when they compare our rate quote to other London mortgage rates. We invite you to connect with our team today and experience the difference for yourself.

Mortgage Brokers London Ontario FAQ

Why select mortgage broker services?

• Access to multiple lenders, no matter your mortgage needs, we do the shopping for you.
• Personalized advice: There may be a better strategy or solution for you to consider.
• Solutions based: We turn over every stone to ensure not just any mortgage but your best-fit mortgage.
• Savings: The main reason homeowners visit a mortgage broker is to lower their rates. At Altrua, the best mortgage rates are our primary focus.

What kinds of mortgages do Brokers provide?

• Residential Mortgages
• Fixed rate mortgages; variable rate mortgage
• First time home buyer strategies
• Mortgage Renewal
• Reverse mortgages
• Debt Consolidation
• Private Mortgage
• Options for those with bad credit
• Commercial Mortgages

How to select the right mortgage broker

Look for

• Experience and reputation
• Communication and transparency
• Customer reviews and testimonials
• How the best mortgage rates are obtained

Top 10 Reasons to Buy a Home and Get a Mortgage in London

10. Location, Location, Location…

London is situated strategically along Highway 401, which accommodates over $3 Billion in trade daily and enjoys access to over 150 million consumers within a day’s drive.  With lower land costs and a strategic logistical location – this is an ideal location for manufacturing and warehousing and continues to benefit from excellent growth in these areas. Altrua mortgage brokers London Ontario is also located in a handy downtown location on York St. for easy access. However, most if not all, of our work can be completed very securely over the phone and email.

9. Canada’s ‘Kind Community’

According to City research – over 60% of Londoners volunteer annually and contribute almost $700 million of value to charities and other causes. This helps to provide an overall sense of contentment and community in the area.

Check out the volunteer scene! https://www.pillarnonprofit.ca/volunteer

8. Economic Diversity in London

The economy of London is growing with the help of medical research, information technology, manufacturing sectors, and biotechnology. The University of Western supports the biotechnology research, contributing $1.5 billion to the economy annually. There are several primary corporate headquarters in London from diverse and growing industries like Banking, Advanced Manufacturing, and High Technology. Large international companies continuously seek local investment due to abundant, low-cost development land.

London Economic Development: https://www.ledc.com/

7. Excellent Property Value

Purchasers can expect to pay about $100,000 less for properties than in other GTA commuter cities. For example, the average sale price in Guelph is $876,995 and in London is $756,443. There is a wide selection of neighbourhood styles from national award-winning old Victorian to modern to downtown condo living. Connect with your London Mortgage Broker for more information on purchasing, refinancing or investing in a local property.

https://www.lstar.ca/

6. Emerging Public Transit

The City is home to a vast public transit system about to get a $380 million overhaul to help create more upscale and time-efficient travel while reducing traffic congestion. This type of infrastructure is formally recognized as needed to help support future economic and population growth.

Check out the Transit Hype: https://www.lfpress.com/2015/05/22/city-hall-is-recommending-a-pair-of-corridors-to-serve-as-the-spines-of-londons-proposed-rapid-transit-system

5. Excellent Health Care

London is a centre for leading healthcare research and innovation, enjoying some of the top healthcare facilities in Canada. There is plenty of space with top-tier Physicians and three major General hospitals, including University Hospital and Kings College Hospital, which contain several specialization treatment facilities.

https://www.lhsc.on.ca/

4. Higher Education

The University of Western Ontario and Fanshawe College are two of the top schools in Canada in several fields, from Medicine to Business and Education. The combined full-time student population for higher education is about 50,000. This provides significant stable public sector employment and a steady stream of knowledge capital, many graduates who will settle here and gain local employment.

www.uwo.ca

https://www.fanshawec.ca/

3. Community City!

When buying a property and getting a mortgage through a London mortgage broker, residents are offered an endless array of community activities, events and festivals. Rock the Park, Caribana, and the Western Fair are just a few of the popular ones. Check out the sophisticated Orchestra London and several top museums for education and enjoyment.

https://www.londontourism.ca/Things-To-Do

2. Housing Market Growth

Home sales increase by 12% in 2023 from last year’s period.  And with lower housing prices than in many other cities in Canada, London has a historically stable and growing housing market, which makes it a great place to a mortgage and buy for the long term.

1.Best Mortgage Rates

With mortgage rates at historical all-time lows, there has never been a better time to purchase, refinance or invest in London real estate. Contact Altrua, London Ontario mortgage broker for more information and a fast pre-approval.

What Clients are Saying

Just an incredible mortgage experience. Brent was incredibly informative and was always willing to answer any questions we had (and we had lots!). What most impressed me was that for our renewal we were trying to balance about three different potential scenarios for down the road. Brent took the time to understand them all and made good recommendations that set us up well for the future.

This second time around with a mortgage I’ve really come to know that the lowest rate isn’t the only important thing. Having a partner who you can talk to and genuinely cares and understands is just as important. This was Brent. And the bonus is that he still got us the lowest rate compared to about a dozen other places I’d been in contact with.”

– Ben C.

“Brent is knowledgeable and committed to providing the best service and rates possible.  His responsiveness is AAA+.  I highly recommend him for your mortgage needs.”

– Virginia H.

“By far the best rates, commitment and knowledge.  For your biggest investment it is crucial to go with the best and speaking from having experience with other brokerages i can say without a doubt that Altrua is far superior. Everything was explained to us, absolutely no surprises and the most knowledgeable by far.  Service and dedication to us as customers was second to none!  Thank you for making an often stressful purchase smooth and comfortable.”

– Adrianna G.

“A painless and pleasant time renewing our mortgage through Brent and Altrua. Will definitely use them again in the future.”

– Norm C.

“I worked with Brent and his team to secure a large mortgage at a great rate.  Owning my own business made finding a mortgage at a regular bank very difficult.  Even though I had good credit they weren’t really interested in helping me.  Brent took me through the whole process, got us a great rate, and now my wife and I have a great new house!”

– Fergus L.

“Altrua not only offered the most competitive rate but spent the time to ensure I chose the right solution to meet my long term goals.”

– Tim C.

“It was great dealing with Brent to take care of my mortgage needs.  He explained all of our options in great detail and made sure that the package that we selected truly fit our needs.  Will definitely recommend Atrua to my friends and family.”

– Rene F

About London

The City of London in Canada is the largest municipality in the region’s Southwestern part and is roughly halfway between Toronto and Detroit, Michigan. In 2023, the city’s metro population was recorded at 530,000.

Following the Great Recession, the manufacturing industry lost much of its strength, causing the city to transition its focus toward technology. London is now a regional centre for both the education and healthcare industries. It is the home of the University of Western and several reputable hospitals and research centres, including London’s largest employer, the London Health Sciences Centre.

As local mortgage professionals, we are aware of the large commercial and residential developments currently progressing throughout London, and we are here to help you take advantage of them. With London’s vibrant culture of festivals, music, art and theatre and its proximity to Toronto and its international airport, it is a great place to search for your dream home.