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Rate   Provider  
2.69% Details Get This Rate
2.74% Details Get This Rate
2.74% Details Get This Rate
2.79% Details Get This Rate
2.79% Details Get This Rate
2.79% Details Get This Rate
2.79% Details Get This Rate
2.80% Details Get This Rate
2.89% Details Get This Rate
2.89% Details Get This Rate
2.89% Details Get This Rate
2.89% Details Get This Rate
2.89% Details Get This Rate
3.09% Details Get This Rate
3.49% Details Get This Rate
3.69% Details Get This Rate
3.69% Details Get This Rate
3.89% Details Get This Rate
3.89% Details Get This Rate
2.94% Details Available Here
3.09% Details Available Here
3.29% Details Available Here
3.29% Details Available Here
3.39% Details Available Here
3.39% Details Available Here

Understand the Numbers

Use all of our mortgage calculators and tools inside James.

Affordability

Before you spend your way through your jeans, or settle for a Vespa when you could very well buy a rocket ship... Enter your details below to determine what you can afford.
You could afford a mortgage of around $0 on a variable rate, or $0 with a 5 year fixed rate. That is a $0 difference!

Payment

Enter your basics below to determine your monthly mortgage payment.
Your monthly payment is around $0.

Transfer Tax

Enter your details below, to determine the property transfer taxes for your province.
Your tax is $0.

Rate Check

Fill in your mortgage amount, current interest rate, and your term to see how much you'll save by getting James' best rate!
You could save $0 at our rate!

Variable Rate Strategy

Are you debating whether to go with a variable rate, versus a fixed rate? This will help you make that decision. Compare a 5 year variable rate to a 5 year fixed rate — just adjust the interest up or down to see how it affects your payment.
By using our simple variable strategy, you would save $0 over a fixed rate if the variable rate went up by 0% per year.

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Negative Interest Rates in Canada?

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How It Works

Get approved for the socially responsible mortgage that only a startup could dream up, in this online journey.
Select the kind of Mortgage and Rate you want.
Tell us your Story using the easy & fun James app.
Get Immediately Approved with James’ Crystal Signal system OR get a custom path to an approval.
Let James guide you through some simple steps as you share your documents in the app.
Sign all your mortgage docs in the app & you are ready for closing!

Recent Ontario Mortgage Broker News

The Ontario Mortgage Broker Market The Ontario mortgage broker market has been very good lately, primarily because the housing market has been extremely hot over the past few years, due to very competitive markets in most southern areas of the province and because of historically low interest rates. The main benefit to having an Ontario mortgage broker on your side when shopping for a mortgage is that you learn more about the process and you have access to more lenders, thus increasing your chances of getting a better mortgage rate, which can save thousands of dollars in the long run. And they do it all at no cost to the buyer.

Ontario Information Ontario is the most populous province in Canada, by far, containing more than 40 percent of the Canadian population. Most of that population is located in the far southern end of the province, with most of northern Ontario being extremely cold and sparsely populated with lots of forest land. Ontario's largest city is Toronto, which is also the largest city in Canada. Ontario is known for its welcoming attitude toward immigration, which has made the province the most diverse in the country. Ontario's business climate is considered the best in Canada and many consider it the most livable province in the country.

The Ontario Housing Market The Ontario housing market, especially in Southern Ontario, where most of the population lives, has been extremely strong in recent years. This has been a boost to the economy as well as a source of concern. Ontario home sales have been extremely strong, and that have driven up home prices, which has created concern of limiting availability to much of the population. Much of the reason for the strong Ontario housing market is due to historically low interest rates.

Ontario Jobs Market The Ontario job market is very strong. It features a very healthy manufacturing sector, but the Ontario job market is actually dominated by a number of industries that rarely see a slowdown, including the financial services, insurance and technology industries. In addition to their high tech growth, Ontario has also seen a huge boom in the life sciences and biotechnology industries, which indicates a strong future. Overall employment is strong and is expected to become stronger for the foreseeable future.

Ontario Home Inspectors Before a home purchase can be made, the home must pass inspection. That is why it is always the best practice to locate the best Ontario home inspector possible, well before you're even prepared to make an offer. Keep in mind, the Ontario housing market is hot at the moment, which means multiple buyers often make an offer and start a bidding war. If you have the name and contact information for an Ontario home inspector at your fingertips early on, you can fulfill the home inspection condition quickly, before someone else makes an offer on your ideal home. Solex Group Professional Home Inspection, 680 Sheppard Ave E #B6, Toronto, ON M2K 1B7, Canada, Phone: (416) 850-1002 Home Inspections 4 U, 99 Goulding Ave, Toronto, ON M2M 1L3, Canada, Phone: (416) 909-6467

Ontario Real Estate Lawyers For most families, buying a home is the largest and most important purchases they will ever make. A successful home purchase involves a lot of legal matters, which means hiring the right Toronto real estate lawyer is essential to the process. The lawyer will undertake a review all of the purchase documents, conduct a thorough title search, register the title in your name and make sure all closing costs are paid properly. Parnes Rothman LLC, 1 Dundas St W #2500, Toronto, ON M5G 1Z3, Phone: (647) 792-0416 Real Estate Lawyer Toronto,  #620, 1 King St W, Toronto, ON M5H 1A1, Canada, Phone: (416) 222-1882

James Knows

Why Should You Use James?

We conducted a research study in 2014, comparing the mortgage rates that home buyers received with the sophistication level of the home buyer.

We weren't at all surprised to find, that the more sophisticated the home buyer was; which means they compared more mortgage rates, did more research, had more contacts in the mortgage industry, and spent more time negotiating — the lower the mortgage rate they received.

We find this disappointing. Getting a mortgage is a commoditized, vanilla-manilla, standard process — there shouldn't be any tricks to it. After some investigation, we found that mortgage brokers get more commissions and bonus, and the banks make more money, when your rate is higher. So they use marketing and negotiation as tools to keep your rate high. Yes, a mortgage broker will tell you "this is the best rate I can get you", but if they used James and had more clients — they could afford to lower their commission, still make a living and give you the better rate.

We created James, to cut out the fat in the mortgage industry.

Our goal is to get you the same mortgage rate that mortgage brokers get for themselves. Too many people, are making far too much money, by keeping your mortgage rate high. We strongly feel that leveling the playing field and getting rid of the stacked decks is the right thing to do. Getting a mortgage shouldn't feel like hitting the casino floor in Las Vegas.

Every broker in James' private network must provide each client with the best rate possible — and the best rate, is the lowest possible rate that a lender is willing to provide once the commissions and bonuses are trimmed down to the maximum allowable level. No other organization in the mortgage industry has this mandate, and for good reason; it would slice the brokers pay cheques to bits. Our study found that in most mortgage transactions, the broker and the bank play a cat and mouse game with you, in an attempt to maximize the interest rate while keeping it just low enough that you become a client. Our boiler plate policy is clear — the rate that is typically reserved for the most sophisticated mortgage shoppers, with the most shrewd negotiation tactics and the best contacts — is the same rate every James client receives. This is our religion.

About

James

Two guys joined together for a pint and some conversation at a bar across the street from a mortgage broker convention.

They talked about the history of lending — how it was once an act of faith and kindness done between friends and family, and one of the bigger compliments you could pay someone.

Over time and as lending became more common, each community had within it a well known person of generosity, who you could go to for a loan. They'd sit with you, not because they were paid to, but because you were friends or had friends in common. They'd listen to your story, because they cared to hear it. As they considered your request for a loan, they'd ask your friends about you, and those friends of yours would speak about you candidly — because the community looked out for everyone — including the lender. If you were a good person, you got your loan. The interest rate and payback periods were understood, without being discussed. If you fell behind, you wouldn't lose your house. You were borrowing from someone who knew you and cared. You'd have a nice visit, things would be explained; maybe you'd work it off, or make alternative arrangements. What's important, is that it always worked out.

As more time passed, the last vestiges of humanity have almost fully disappeared from the lending system that most people rely upon to make a home for their families. How many people do you know, that have bought a house using money borrowed from someone they know? Really know. Not the broker, not the bank representative, not the branch manager. The answer is probably none or one. People today don't know the person(s) that truly owns their home. The place where they raise their children and create their memories. Perhaps this is a true failure of the system. Perhaps it's just a little weird.

As they talked more, they discussed how buying a house is one of the most exciting times one can experience. How important a milestone a home purchase is, and how usually, when someone buys themself a new house, it's because they got a new job, grew their family, scored a big promotion or had a serious achievement like seeing an entrepreneurial idea take flight! Sharing that excitement filled story seems like the most natural thing to do, but unfortunately, the people you get mortgages from today really don't know you well enough to care to hear it.

That conversation became James.

We want James to be a special place where you tell your story. Once James has your complete biography — a snapshot of you in a moment in time — a mortgage broker on James will arrange your mortgage. After using James once, you might use it again in the future and take a moment while doing so to look at that first edition of your life story. We think it will be a fun trip down memory lane.

Yes, James is an App, and of course, you still won't know the person(s) who's money you are using to buy your new house. However, the mortgage broker that James will introduce you to will read your entire biography with interest and sincerity, because those are the types of people James works with. They will come to know you, and once they do, they will arrange the best mortgage that the industry can offer.

With James, we are hoping to make the home buying experience a little more special — and just maybe, bring a little of that forgotten magic back.