Ontario Mortgage Decision Centre
Choose the concern closest to yours. The useful answer may depend on the documents, property, timing and lender policy—not simply whether one lender said yes or no.
Find the answer from your problem
Separate the real lender concern from assumptions.
Income · credit · debt ratios · property · down paymentShow me where to start →02Show how the business earns before choosing a lender route.
A lending · bank statements · financials · T1 approachShow me where to start →03Understand the bureau, timing and cause—not only the score.
Equifax · TransUnion · utilization · collections · recoveryShow me where to start →04Compare the complete decision before signing early.
Rate · payment · penalty · switching cost · flexibilityShow me where to start →05Match the purpose, cost and exit plan to the right structure.
Debt consolidation · renovations · investment · CRA debtShow me where to start →06Test the rental calculation and portfolio effect by lender route.
Subject rent · existing rentals · cash flow · reservesShow me where to start →07Work backward from the deadline and available equity.
Appraisal · funds to close · job change · urgent alternativesShow me where to start →How the answer is built
Buying, selling or investing?
Property type, legal use, insurance, appraisal, taxes, condo information and closing dates can change the mortgage answer. Connect both sides before the transaction becomes difficult to reverse.
Need a focused review?
Tell Rajiv what you are trying to accomplish and what the lender has already said. He can help identify the questions and responsible options worth exploring next.
Published mortgage guidance
Use the guided situations above or search every published answer, concept and strategy.
Rule
Parents may access a HELOC, refinance or second mortgage, but their payment, risk and retirement plan must be reviewed alongside the buyer’s mortgage.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Overseas family funds may be acceptable, but identity, relationship, transfer history, currency and timing require a clean paper trail.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Eligible buyers may combine several down-payment sources, but each source has its own conditions, timing and paper trail.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A below-market family sale may create usable equity, but appraisal, lender, insurer, tax and legal treatment must align.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Calling a repayable family advance a gift can create underwriting, legal and relationship problems later.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A co-signer is not removed automatically; the remaining borrower must qualify and the lender and lawyer must approve the change.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Borrowed funds may be possible under selected programs, but the new payment affects qualification and must be fully disclosed.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A gift letter is only one part of the review; the lender may also require account history, transfer evidence and confirmation that repayment is not expected.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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A co-signed mortgage can affect the parent’s debt-service calculation, credit exposure and plans to renew, refinance or buy another property.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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Verify the Ontario licence, brokerage and contact information independently. Read documents before signing, confirm fees and lender identity, keep copies, and refuse requests to lie, alter records, route money through strangers or sign blan
Reviewed by Rajiv Verma, Mortgage Broker · Sep 7, 2026
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