Let's chat: 226-920-4367
|
TMG The Mortgage Group (Ontario) Inc.
I'm Andrew Synek. Residential mortgages and related financing are my specialties. Let me work on your behalf to achieve better results.
FSRA Mortgage Agent Level 2 Licence #M2200950, Brokerage #10524.
Mortgaging a home is an important decision and you should feel confident about your choices. I will work with you personally to offer valuable insight throughout the process, save you time, and find the solutions that suit your situation through my award winning partner brokerage SafeBridge Financial Group.



INDEPENDENT PROFESSIONAL EXPERTISE, ACCESS TO BANK AND NON-BANK LENDERS, thoughtful ADVICE AND ATTENTIVE SERVICE

  • Expertise & Availability
    I will provide independent expert advice on your options. I am not tied to a single lender or specific products so I can offer mortgage solutions that will best match your individual needs. I'm also well equipped to help, with bachelor's and master's degrees from Western, accreditation from Mortgage Professionals Canada, a license to assist you from the Financial Services Regulatory Authority of Ontario, and access to many competing lenders. Unlike mortgage specialists who work directly for financial institutions, I am an independent full-time business owner and operator who deals exclusively in mortgages and related property financing. I work through my partner brokerage in North York, as well as from my office in Guelph, and if you'd like to meet in person I'm happy to visit you at your home, office, or nearby. We can also transact remotely online and over the phone, allowing service for residential properties anywhere in Ontario.
  • Save time with one-stop shopping
    Instead of spending your valuable time meeting with competing mortgage lenders, I can quickly narrow down the list of lenders that will help you achieve your financial goals. I will make your comparison-shopping fast, easy, and convenient. The mortgage you select with my help may come from one of Canada's major banks, a credit union, monoline lender, mortgage investment corporation, or a private lender. We will find the lender, product, rate, and terms that are best for your circumstances, rather than trying to fit your circumstances into a product that isn't ideal.
  • No charge for attentive service
    There's absolutely no charge for my work on typical residential mortgage transactions. Like other professional services, mortgage agents are paid a finder's fee when we introduce dependable clients to a financial institution. I am paid by the lender only if we arrange a mortgage, and in the event that we don't, nothing is owed to me for my efforts to help. I'm proud that my business comes primarily through referrals from satisfied clients, realtors and financial planners. When you call or email me, I'll answer, and I'll get you the answers you need quickly.
Why Should You Call or Email Me?
I will negotiate on your behalf. Many people are uncertain or uncomfortable negotiating mortgages directly with their bank. And even if you have an existing relationship with your branch, my partner brokerage submits billions of dollars of transactions yearly with a wide variety of lending institutions so we have very strong lender relationships. I will use those relationships to your advantage to negotiate your mortgage and I'll ensure you obtain competitive rates.
 
I will also ensure that you're getting the best available mortgage terms and privileges. Even if you've already been pre-approved for a mortgage by your bank or another financial institution, you're not obliged to stop shopping. I can investigate on your behalf to determine if there is an alternative to better suit your needs. The penalties to break a mortgage, refinance, convert, or extend the amortization can be significant. Knowing the full details of what's available in the market is important before entering into a contract to borrow. Better mortgage terms and conditions may be available, and it may be more important than you realize to shop around for favourable privileges. 
 
Do you appreciate mortgage customization? All mortgages are not created equally. I will find a mortgage product that aligns with what matters most to you. Whether borrowing to purchase, renovate, invest, or reduce monthly expenses, I'll connect your mortgage details with your financial plan and goals.
 
Connect with me below to get started, or give me a call, send me a text, or write me an email. My contact information is at the top and bottom of this page.  I'm looking forward to negotiating for you.
Think Outside the Branch for Your Mortgage
New Mortgages
Need a new mortgage? Whether you are a first-time buyer, or an experienced property investor, I'll find the best deal for your circumstances and needs.
Renewals, Transfers and Switches
When it comes time to renew your mortgage, I'll help you review the options from competitors in the marketplace to make the right selection.
Refinancing
Sometimes, refinancing is your best option for a variety of reasons. Let me do the hard work for you to secure the most attractive product.
Get started with your application now!
I'm here to help with your mortgage needs, refinancing, new home purchases or mortgage renewals.
Types of Mortgages

A fixed mortgage offers you the security of locking in your interest rate for the term of your mortgage, so you know exactly how much principal and interest you will be paying on the mortgage during the term. Terms range from 6 months to 10 years. Fixed rate mortgages offer some form of pre-payment, from 10% to 25% of the original mortgage balance each year, depending on the lender. If you wish to pay off your mortgage in full, there will be a penalty of either 3 months simple interest, or an Interest Rate Differential (IRD). The benefit of this mortgage is the rate is lower than an open mortgage, making it a more popular option if you have no plans to pre-pay it in full during the term you select.

A variable-rate mortgage allows you to take advantage of today's low Prime Rate. Most variable rate products are set below prime, terms range from 1 to 5 years. Payments vary depending on the product or lender you choose. In some cases you can fix your payments for up to 5 years, but the interest rate will fluctuate as the Bank Prime Rate changes. In other cases your monthly payments will fluctuate depending on how many times the Prime Rate changes during your term.

An open mortgage allows you the flexibility to pay off some or the entire mortgage at any time, without penalty. Interest rates are usually higher and are tied to the Bank's Prime Rate.

A secured line-of-credit allows you to access the equity in your home whenever you choose. Rates are tied to prime, usually slightly above prime. Required payment on the balance is interest only, making it a good choice where cash flow may be important. Lower interest rates compared to an unsecured line of credit. You may have a secured line of credit and a mortgage, if you have good equity in your home.

How Much Can You Afford?
Use this mortgage calculator to help you figure things out
Subscribe to My Newsletter
Get the latest news on home-ownership, mortgage news and more...
My Mortgage Blog — Latest Posts
Bank of Canada's fourth consecutive rate cut brings more relief to borrowers
The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...
Read More
What happens if you miss a mortgage payment?
Missing a mortgage payment can be a stressful experience, but it's important to know what to expect if it happens and what options are available to prevent long-term...
Read More
Federal program introduces easier refinancing for homeowners adding rental suite
The federal government announced a new mortgage refinancing program designed to help homeowners add secondary suites—such as basement apartments or garage conversions. The...
Read More
Big week for mortgage rules: Feds announce key reforms
It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...
Read More
View More
Contact me! Let's get started today!

Get in touch with me today for your free consultation!

Whether you're looking for a first mortgage, refinancing your current home, or just researching your options, I'm here to help.