Ajax Mortgage Broker

The need for an Ajax Mortgage Broker in 2022 is higher than ever before, and it makes complete sense given the extreme demand for housing in the GTA. In the years prior to the pandemic, Ajax was growing at a rate of about 4.15%. At the time, this growth was typical outside of the main GTA core. However, now the growth rate is much higher as residents of the GTA have more flexibility in their work schedules and therefore need to commute less frequently. This ‘flocking’ to less densely populated cities is causing the need for larger mortgages and subsequently, higher affordability than the major banks can support.

Ajax, in the heart of Durham region, is a waterfront community, now one of the fastest growing populations in the eastern GTA. It’s a progressive and diverse community that is now home to over $135,000 residents. This number is expected to grow faster than in prior years – as too is the demand for an Ajax Mortgage Broker to help buyers achieve homeownership.

Like many other growing cities, popularity comes with its price – especially with real estate. As demand grows and supply dwindles, prices in Ajax are surprisingly not too far off from some of Ontario’s most expensive cities. Here lies the problem – while home prices have skyrocketed, buyer’s incomes have not increased at the same rate… nor have banking guidelines changed to allow buyers to afford more given their same salaries.

Many buyers are turning from the traditional banks and are instead working with an Ajax Mortgage Broker like ourselves. The truth is, as an Ajax Mortgage Broker, we just have options that’s the major banks cannot offer you – Options that are more lenient to the current economic conditions. And so, you should never be disheartened if the major banks have turned you down. Instead, reach out to CMS, an Ajax Mortgage Broker, and let’s find some solutions that help boost your affordability while saving you money. We can complete the entire mortgage process virtually to make life easier and less stressful for you.

Contact us today for a free, no-obligation consultation.

Call (905) 455-5005 or request an appointment online.