First Mortgages

A first mortgage is the primary loan that is used to finance your purchase of a home. First mortgages have priority over any other liens or claims on a property should the mortgage default.

First mortgages are secured by the property you purchase them with. The lender will hold the primary lien on your property until you’ve paid the mortgage off in full. Keep in mind that your “first” mortgage refers to the first mortgage taken on one particular property. That means if you purchase 5 properties with 5 different mortgages, you have 5 first mortgages. “First mortgage” simply refers to the primary mortgage on a property and gives the lender the primary lien on the property.

If you purchase 5 properties with 5 different mortgages, you have 5 first mortgages.

We can help you find the best first mortgage for your needs. All you need to do is fill out a simple application to speak with one of our agents. We will give you unbiased mortgage advice and help you find the best deal available for a first mortgage. Based on your criteria, we can connect you with the best banks, brokers, and agents, and get you the best first mortgage available to you.

Our agents regularly work with borrowers with widely varying qualifications, so please reach out even if you have bad credit – we are happy to work with you to facilitate access to optimal financing options.

how can we help you?

Contact us for any questions you may have.

“They were clear, professional, persuasive, and the agents were helpful along they way.”

Damian Smulders
Damian Smulders
Toronto, Condo Purchaser

Looking for a first mortgage? Apply today in a few minutes.