Sutton Group Realty Systems Inc. Brokerage . 416-896-3333 . 905-896-3333
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The Step-By-Step Mortgage Process

When shopping for the Best Mortgage Rates, be prepared in advance before approaching a lender.  A rate savings of even half a percent could save you well over twenty thousand dollars throughout the life of the mortgage.

Below is a basic overview of what you can do to ensure you get the Best and Lowest Mortgage Rate on the market today. 

Mortgage Affordability Calculator logo

Step #2 - Comparing Mortgage Rates

Don't take the first rate you are offered without doing some basic checking.

The link above Lists over 50 Banks & Lending Institutions
to easily compare the average 5 Year Closed/Fixed Mortgage Rates

Don't forget to check out the Sutton Member Mortgage Rates


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Step #3 - Comparing Terms and Mortgage Payment Options

Deciding on which Mortgage to choose - variable, 3 year fixed, 5 year can be difficult.



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Step #4: Be Prepared Before Heading to the Bank


Do You Know Your Credit Score? It May Affect Your Interest When Purchasing A House!

The very first thing that your loan officer checks when you apply for a mortgage or any kind of credit is your credit score. You are rated in terms of the score which in most cases influences the amount you can borrow. 

Check out our Sutton Member Program Page where we list tips on what to do BEFORE you head to the bank.   Being prepared can help you negotiate the best rate.

Need more tips contact us at our Sutton Real Estate Office at 416-896-3333 or 905-896-3333 - just ask for our Mortgage Department - we're happy to help.


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*Rates shown available O.A.C. as at February 18, 2010. The 1 yr Variable/Closed rate is Prime - 0.70% = 1.55%, 3 yr Variable/Closed rate is Prime - 0.54% = 1.71%, and 5 yr Variable/Closed rate is Prime - 0.49% = 1.76%. All variable rates based on the current Prime rate of 2.25%. Rates are calculated semi-annually and not in advance. Terms and conditions apply. BC & ON only. Mortgages facilitated by Finder Financial Services Ltd. FSCO# 10245. Property must be closing within 30 days to be eligible for the No Frills rate. Certain rates are applicable to purchases only. Available only to members who purchase a home through a Sutton agent registered with the Sutton Member Program (SMP) except for refinance in which case the individual must be referred by a realtor member of SMP. Applicable mortgages only and subject to Finder Financial Services Ltd. lending criteria for residential properties. Finder Financial Services Ltd. reserves the right to discontinue this offer at any time.