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
Porting may preserve part of your existing mortgage, but timing, qualification, property approval and the lender’s contract still decide whether it works.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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Early documents let the broker test the port, sale equity, bridge amount and backup lending route before the closing becomes urgent.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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The right comparison includes the penalty, blended rate, new borrowing, future flexibility and closing risk, not only today’s advertised rate.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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A secured line of credit normally must be addressed on sale, and a collateral registration can affect payout, discharge and switching costs.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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A longer closing gap may exceed an A lender’s bridge window and require a different short-term structure with a tested exit plan.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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Standard bridge financing usually relies on a firm sale; without one, the solution becomes a different and riskier form of financing.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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Bridge financing can temporarily advance equity tied up in a firm sale, but it is short-term, documented and dependent on the lender’s policy.
Reviewed by RAJIV VERMA mORTGAGE bROKER · Sep 8, 2026
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Mortgage default insurance and the lender’s mortgage contract are separate; each has its own portability approval and conditions.
Reviewed by RAJIV VERMA MORTGAGE BROKER · Sep 8, 2026
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Downsizing may require a partial mortgage payout, which can create a penalty even if the remaining balance is ported.
Reviewed by Rajiv Verma Mortgage Broker · Sep 8, 2026
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A port-and-increase can combine the old mortgage balance with new borrowing, often at different rates and under fresh qualification.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 8, 2026
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