Barrie Mortgage Brokers

As home buyers are slowly being priced out of the GTA real estate market, Barrie, Ontario is quickly growing in popularity (and population of course). Demand for housing in Barrie continues to grow, as does the demand for a good Barrie Mortgage Broker to help achieve homeownership. For context, Barrie has an average annual growth rate of about 8% and, as of late, has the 13 highest population growth rates in Canada and the 6^th largest population growth rate in Ontario. Not to mention, Barrie is slowly emerging as a high-tech hub within Canada among a few other cities making it even more attractive for real estate.

Traditionally, major banks have been able to help home buyers easily obtain mortgages, but since the price of homes have grown significantly in Barrie over the last couple years, traditional banks might not have the means to help as their underwriting rules haven’t changed to accommodate higher home prices. We find that they’re turning away more and more hopeful and worthy buyers since their guidelines cannot service higher affordability outside of their allowable limits. This problem will continue to exist as the population grows. When demand is greater than supply, prices will inevitably rise.

A Barrie Mortgage Broker could easily be the solution you need. From having more banking options, better strategies for higher affordability and a more personalized experience overall, we can step in to help where traditional banks frequently fall short.

There’s a new rule in Canada – one that has become even more adoptable than is any year’s prior… Drive until you qualify! In essence, workplaces have significantly shifted their corporate structures to allow modified work, and buyers are taking advantage of being able to work anywhere.

If you’re planning to leave the core of the GTA and head north to Barrie, or if you’re an existing homeowner in Barrie looking to take advantage of equity built in your home, call a trustworthy Barrie Mortgage Broker, and start planning now. 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.