Licensed broker. 50+ lenders on one application. Free to you, and you get your answer fast. Get Pre-Approved Today Call (416) 822-7357 ⭐ 5.0 Rating 50 Reviews 🏛️ FSRA Licensed #12685 (Best Rates) 🏦 50+ Lenders Banks, Credit Unions & More 📍 Serving Oshawa Virtual Consultations Available Looking for today’s numbers? See the Oshawa mortgage rates guide. This page covers the broker service itself — how we get you approved. Why Choose Us for Your Oshawa Mortgage? GTA Affordability & Commuter Specialists We work with a lot of Toronto-priced-out buyers moving east, and structure financing around a Union Station commute via the Lakeshore East line. Manufacturing & Shift-Work Income Experience Comfortable with auto-sector shift premiums and layoff/recall history, and how lenders treat that income during periods of production change. 50+ Lender Network First-time buyer programs, investment property financing, and competitive rates across every Oshawa neighbourhood. Mortgage Services in Oshawa Whether you’re buying your first home, refinancing, or investing—we have solutions for every situation. Rates from 3.50% Home Purchase First-time buyer or upgrading? Access exclusive rates from 50+ lenders. Explore Home Purchase Options Rates from 3.70% Refinancing Lower your rate, access equity, or consolidate debt with smart refinancing. Explore Refinance Options Rates from 3.70% Mortgage Renewal Don't auto-renew! We'll negotiate better terms at renewal time. Explore Renewal Options Rates from 3.70% Self-Employed Mortgages Flexible income verification for entrepreneurs and business owners. Explore Self-Employed Options Rates from 3.70% Debt Consolidation Combine high-interest debt into one low mortgage payment. Explore Debt Consolidation Options Rates from 3.95% Investment Property Financing for rental properties and real estate investors. Explore Investment Options Need something else? We also offer: Second Mortgage / HELOC, Bad Credit Solutions, Bridge Financing, Private Mortgages, Construction Mortgages, Reverse Mortgages, New to Canada Mortgages, Home Equity Loans, and more. Oshawa Housing Market — What It Means for Your Approval $720,000 Avg. Home Price -4.8% YoY Change Market Highlights ✓ Home to Ontario Tech University and Durham College's shared North Oshawa campus ✓ GM's Oshawa Assembly plant remains a major employer, though production scaled back to two shifts in early 2026 amid the industry's broader EV transition ✓ GO Transit's Lakeshore East line runs directly to Union Station, with express trains under an hour ✓ Average home price around $693,700 in July 2026 — among the most affordable in the GTA, and down about 6% from a year earlier ✓ Lakeridge Health Oshawa anchors a growing healthcare sector ✓ Durham Region's broader logistics and manufacturing base near Highway 401/407 continues to diversify the local economy Oshawa is still shaking off its one-company-town reputation. GM's assembly plant has been through a rough stretch — the third shift was cut in early 2026, with the plant now running two shifts — but Ontario Tech University, Durham College, Lakeridge Health, and a growing logistics sector along the 401/407 corridor have genuinely diversified the job base over the past decade. It remains one of the most affordable GO Transit-connected cities in the GTA, with the average home price down to roughly $693,700 in July 2026. Neighbourhoods range from the heritage character of McLaughlin to newer construction pushing north into Kedron, giving buyers a wider range of price points than most GTA municipalities still offer. Neighborhoods We Serve in Oshawa From established communities to new developments, we help buyers across all Oshawa neighborhoods. McLaughlin $800K – $1.1M Oshawa's most established, prestigious area — mature tree-lined streets, large lots, and heritage character homes near downtown. Best for: Buyers wanting character and larger lots Kedron $750K – $1.0M Oshawa's fastest-growing northern district, with extensive new construction and modern detached homes. Best for: Families wanting newer builds Lakeview $600K – $850K Lakefront community on Lake Ontario with accessible detached homes and easy access to the waterfront trail. Best for: Buyers wanting lake proximity at accessible prices Taunton $720K – $950K West Oshawa's rapidly expanding area near the Highway 407 employment lands, with a mix of newer detached homes. Best for: Commuters, families wanting newer construction Working With a Mortgage Broker in Oshawa — Common Questions What does a mortgage broker in Oshawa actually do? A licensed broker takes one application from you and shops it across 50+ lenders, then handles the approval end to end — document collection, lender negotiation, conditions, and coordination with your lawyer. Locally that includes lenders such as TD Canada Trust, RBC, DUCA, plus credit unions and monoline lenders you cannot walk into. You deal with one person instead of applying at five branches. How much does a mortgage broker cost in Oshawa? On residential deals the lender pays the broker commission, so the service is free to you. Fees only ever apply on private or specialty financing, and in those cases the fee is disclosed in writing before you commit to anything. How fast can I get an answer on my Oshawa mortgage? Send us your details and we come back with a real answer fast — not a callback queue. Pre-approvals are typically issued within one business day once income and down payment documents are in, and rate holds run 90 to 120 days. Broker or bank — which is better in Oshawa? A branch can only offer its own products. A broker compares 50+ lenders side by side, including options for self-employed income, bruised credit, rentals, and newcomers that a single bank will simply decline. Same paperwork, far wider shelf. What documents do I need to apply through a broker? Government ID, proof of income (recent pay stubs and T4s, or two years of business financials and Notices of Assessment if you are self-employed), 90 days of bank statements showing your down payment, and the purchase agreement if you have one. We request everything in a single list up front. Does using a broker hurt my credit score? No. We pull your credit once and use that single report across every lender we approach. Multiple mortgage inquiries inside a short shopping window are also treated as one event by Canadian credit bureaus. Can you help if I have bruised credit or self-employed income in Oshawa? Yes. A-lenders generally want a 600+ score and provable income. Below that, B-lenders and private lenders underwrite on property equity, loan-to-value, and a clear exit plan instead of the score alone. We place the file with whichever tier actually fits. Do I have to meet in person in Oshawa? No. We serve Oshawa and the surrounding Ontario area with fully virtual applications, e-signatures, and secure document upload. In-person meetings are available when you prefer them. Get Your Free Oshawa Mortgage Consultation Ready to explore your options? Contact us today for a free, no-obligation consultation. 📞 Phone: (416) 822-7357 ✉️ Email: mortgage@bestrates.ca 💻 Virtual Meetings: Zoom, Google Meet, or Phone Apply Online Now Takes just 5 minutes. No impact on your credit score. Also Serving Whitby • Ajax • Pickering • Clarington • Toronto Licensed by Financial Services Regulatory Authority of Ontario under Brokerage #12685 (Best Rates). All mortgage services subject to standard lending criteria and approval. Financing a Oshawa Purchase: the Numbers We Work With Most Oshawa files we place sit around the local average of $720,000. Those are the numbers our lenders underwrite against, so this is the shape of a typical approval here. Average local price $720,000 Minimum down payment $47,000 — 5% on the first $500,000 plus 10% on the balance. Insurable up to the $1.5M cap. Mortgage amount $673,000 Land transfer tax $10,875 — Ontario Land Transfer Tax. First-time buyers can claim a rebate of up to $4,000. Payment at an illustrative 4.29%, 25-yr $3,647 / month Stress-test payment at 6.29% $4,423 / month — you must qualify at the greater of 5.25% or your rate + 2% Illustrative figures based on the local average price and 2026 qualifying rules. Your actual rate and payment depend on your file. Where we lend in Oshawa We place files across Downtown, Windfields, Taunton, Northwood, Kedron and Columbus. Appraisal values, condo status certificates and rental-suite income are handled differently in each pocket, and that changes which lender says yes. Active lenders in the Oshawa market include TD Canada Trust, RBC, DUCA, Meridian, FirstOntario, alongside monoline and credit-union options that never advertise locally. One application reaches all of them. Ontario resources Today’s Oshawa mortgage rates — live comparison across 50+ lenders Mortgage broker in Whitby Mortgage broker in Ajax Mortgage broker in Pickering Mortgage payment calculator · Affordability calculator · Closing costs calculator Current Canadian mortgage rates and the 2026 stress test rules Licensed broker · 50+ lenders · free to you. Send your numbers and get your answer fast — start your Oshawa application.
