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TMG The Mortgage Group (Ontario) Inc.
Let Steve sweat the mortgage details so you don't have to.
Purchasing a home is an important decision and you should be confident about your investment and the payment schedule your mortgage has. Steve will work with you personally to offer you valuable insight in the mortgage application process, save you time and find the mortgage that best suits your situation. You can apply online and get started with your mortgage approval right now! Steve, the best mortgage broker in Waterloo, has satisfied clients all over southern Ontario, including Kitchener, Waterloo, Cambridge and Toronto, and is ready to get to work for you.

Steve Futyer, Mortgage Broker, is your local Kitchener-Waterloo mortgage broker, with offices in Waterloo and Toronto. Check our low mortgage rates, the types of mortgage loans we provide, and use our mortgage calculators to check your mortgage affordability. Answers to your mortgage questions are here and you can contact Steve any time for a free consultation.

  • Steve Futyer's Expertise
    I will provide you independent expert advice on your financial options. I am not tied to a specific lender or products so I can offer you mortgage products that will best match your specific needs.
  • Save you time with one-stop shopping
    Instead of spending your valuable time meeting with competing mortgage lenders, We can quickly narrow down the list of lenders that will help you achieve your financial goals. We will make your comparison-shopping fast, easy, and convenient.
  • No charge to you. Provided you qualify!
    There's absolutely no charge for my services on typical residential mortgage transactions. Like many other professional services, such as insurance, mortgage brokers are paid a finder's fee when we introduce dependable clients to a financial institution.
Why Should You Use Our Services?
We 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, TMG does millions of dollars of transactions yearly with a wide variety of lending institutions, so we have strong lender relationships. As your mortgage broker in the Kitchener - Waterloo and surrounding areas,  we can use that relationship to your advantage to negotiate your mortgage to ensure you secure competitive rates and terms that benefit you.
We will also ensure that you're getting the best rates and terms. 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! We can investigate on your behalf to see if there is an alternative to better suit your needs.
Do you know about mortgage customization? All mortgages are not created equally, and depending on your financial goals, as your local Kitchener Waterloo mortgage broker we will ensure the mortgage you receive helps you with those goals. Whether borrowing to purchase, renovate, or make your mortgage interest tax deductible, we can ensure that the mortgage you have helps achieve these financial goals.
Think Outside the Branch for Your Mortgage
New Mortgage
Need a new mortgage? Steve Futyer will help you pick the right mortgage loan fit for you and your budget. We have access to many lenders and offer many different mortgage products and can find the right one for your needs.
When it comes time to renew your mortgage, we will help you review your options and make the renewal process simple and easy. Take the fear out of unknown mortgage cost changes.
Sometimes, refinancing is your best option for a variety of reasons. Let us review your options and do the hard work for you! You may end up saving money on your mortgage payments.
Get started with your mortgage application now!
We are here to help with your mortgage needs, refinancing, new home purchases or mortgage renewals. Start your mortgage application for a quick pre-approval mortgage now.
Types of Mortgages

A fixed rate 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. Let's talk about a Fixed Rate Mortgage being the right loan for you.

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. Let's talk about a Variable Rate Mortgage being the right loan for you.

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. Let's talk about an Open Mortgage being the right loan for you.

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. A line of credit may have 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. Let's talk about a Line of Credit being the right loan for you.

Today's Best Mortgage Rates in Kitchener Waterloo
I work with a wide variety of lenders so I can access competitive, lower-than-advertised interest mortgage rates in Kitchener - Waterloo. Check back often to see how these rates compare to average bank rates and discover the mortgage savings I can offer. And when you're ready, let's talk about your mortgage future and the potential savings I can provide.
How Much Can You Afford?
Use this mortgage calculator to help you figure things out
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