More than just mortgages, we build futures.
your dream of homeownership is possible--we'll show you how.
The best rates, the right fit, and an expert in your corner.
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You Deserve the Best Mortgage, Loan and Insurance Rates Available. .
We Make it Possible.
When navigating the overwhelming world of property ownership, having a trusted guide who understands your unique needs makes all the difference. Aristo and a team of dedicated and smart Legion Financial mortgage professionals work for you, not the banks, to deliver unbiased financing recommendations to inform your decisions. Through our relationships with over 60 lenders, including many exclusively private sources, you have the choice, convenience and counsel YOU deserve!
Legion Financial is the most recognized and trusted mortgage brokerage in Canada. Tailored service is our specialty, and together, we’ll find the right mortgage to fit your individual needs to make your dreams a reality.
Ready to take the first step to a new reality? Call us today.
"Everyone deserves a place to call home. My job isn't over until your financial future and new keys are securely in your hands"
There's A Financing option for every scenario. we'll secure yours
By matching our expert financial guidance and education to your circumstances, we’ll find the right mortgage and rates to make your home ownership dreams come true.
Aristo’s goal is to create generational wealth and stability, and he’s helped thousands of clients meet their mortgage needs. For over 20 years, he’s provided long-term financial advice and support to help people just like you realize their dreams of home and property ownership.
FIRST TIME HOME BUYERS
toronto mortgage broker - aristo the mortgage man
Changing lives and futures is our purpose. So, we’ll be there through every step of the application and approval process with sound, timely advice to quickly get approval for the funds you need at the rates you deserve. But, our service doesn’t stop after signing. Every renewal is an opportunity for us to renegotiate for better rates, and we don’t rest until the keys are in your hand.
FIRST TIME HOME BUYERS FINANCING TIPS
HOW TO APPLY FOR A SELF-EMPLOYED MORTGAGE
you have questions, and we have answers. See our most common questions below, or call us at 416-881-5927 to talk about your needs.
You don’t necessarily need the best credit score in order to get a mortgage as even people with credit scores within the 600s ranges routinely get approved for mortgages. However, your credit will factor into the interest rate you are able to attain on your mortgage.
A mortgage term is the length of time your mortgage contract is in effect. Along with the term comes different conditions as well as the interest rate. The mortgage term can be just a few months to 30 years. If you owe a balance at the end of your term, you must renew your mortgage. Conversely, if you have paid off the balance during the term of your mortgage, no renewal is required.
- proof of employment
- proof you can pay for the down payment and closing costs
- information about your other assets, such as a car, cottage or boat
- information about your debts or financial obligations
The minimum credit score required is usually between 620-680. However, every case is different. Connect with me to see the options available to you.
Putting down 20% will usually give you the best possible interest rate and help you avoid having to pay for mortgage insurance. However, a 5% downpayment will help you close in a timely manner. Furthermore, you may enjoy appreciation while you occupy your home. Every case is different, connect with me to see what options are best for your specific scenario.
- Fixed-rate mortgages protect the borrower from the scenario of interest rates rising and causing an increase in their monthly payment. Since your interest rate is fixed, you don’t have to worry about being caught off guard.
- With a variable rate mortgage, you might enjoy savings over time if the market’s interest rates fall. You also have the freedom to survey the market and choose a fixed-rate mortgage at a later time.
- Again, what might be a suitable solution for one person might not be the best solution for another. Let’s connect for me to provide you with a cost-benefit analysis of each option for your specific needs.
A preapproval is a lender’s commitment to loan you money in the near future based on prequalifiing conditions and credit checks. Real estate agents are proponents of their clients having pre-approvals to know what potential budget their clients might be working with. However, a pre-approval does not guarantee that you will receive a specific rate or mortgage, because factors may change between the time of your preapproval and the time you are ready to close. Connect with me to start your pre approval today, so you can feel empowered on your home search
To the surprise of some, your mortgage payment pay fluctuate several times during the life of your mortgage, even if you have a fixed rate. Again this is based on several market factors which you can address with a mortgage professional such as myself.
An escrow account is essentially a savings account managed by your mortgage servicer. This account it usually used for them to pay for your property taxes and insurance for the year and is often also referred to as a property tax account.