Services We provide

I offer a range of mortgage services that are tailored to meet the unique needs of each client.

If you plan to live in the home for more than five years, you need not worry about portability, that is, shifting the mortgage to a new property. But sometimes we tend to alter our thinking, so do not try to ignore the portability option altogether. The best portability options afford you the best rates from lenders if you need to add money to the mortgage. This can be of use when you want to upgrade your home and helps you select more time to close your new mortgage after selling your old home. Try to obtain a minimum of 60 days.

You have worked hard to build the equity in your home, and now might be the time to put that equity to work for you. You may qualify for up to 95%* of the value of your home (normally 80%) -> one of the biggest assets you may own.

Are you having difficulty qualifying for a traditional mortgage loan? Or are you on a short timeline and unable to wait around for the bank to make its final approval? If you are in either of these situations, you may be interested in a private mortgage loan. This type of financing is faster and much easier to qualify for, as the private lender will base your approval mainly on the equity of your home (up to 90% of the value of your home) rather than your credit history or proof of income.

Davinder believes that you should not just renew your mortgage loan, you should renegotiate it! Davinder uses his connections to numerous lenders to help you assess your options and determine which one will provide you with the best loan terms. We can help you compare factors such as:


  • Interest rates
  • Lender fees
  • Annual percentage rates (APRs)
  • Monthly payments

To know if you require a consolidated loan, you need to analyze your finances. More importantly, you need to be able to identify the signs of financial trouble to effectively manage your debt and prevent more serious problems from occurring down the road. Here are some signs to watch out for.


  • Only capable of meeting the minimum payment requirement
  • Paying off one credit card with another, or using your line of credit to pay it
  • Frequent late payments, or skipping payments to pay off other bills
  • Financing your debts with your credit card
  • Utilizing your overdraft and going over your limits on your credit card or line of credit
  • Broke on payday
  • Asking a family member or friend for a personal loan
  • Annoying calls from creditors and collection agencies
  • Having other essential service cutoffs for non-payment (telephone, electricity, etc.)

The above is a collection of warning signs that you are stressing yourself financially. We can help you with debt relief with offers which have equity take out up to 95% to consolidate debts.

Second mortgages are a bit risky they may demand high-interest rate or high fees. Mortgage brokers like Davinder, make the process simpler and easy for the client to understand and not be perturbed by the risk. It is important that one should know the current interest rates before going in for a second mortgage, the risks involved, and the intentions of the particular lenders should also be looked into and taken into account.


Davinder can also help to make it easier for individuals with shaky credit to secure a second mortgage.

Davinder understands that self-employed individuals and business owners have unique circumstances when it comes to securing mortgage loans. Because of tax write-offs, their documented incomes tend to appear much lower than they actually are which can create complications during the loan application and approval process.

If you are self-employed, turn to Davinder Powar for help securing:


  • A mortgage loan
  • A loan for home renovations
  • Financing for your other personal needs
  • Debt consolidation

By obtaining a pre-approval, you can speed up the process of securing a mortgage loan drastically. When you get pre-approved for a loan, you will generally have a lender review your income and credit information in advance and then they will provide a statement that denotes how much you would be eligible to borrow.

Experience prompts, efficient approval and hassle-free access to the capital you need when you choose a commercial real estate loan with Davinder Powar. Davinder specializes in giving businesses and investors like you, the financial tools you need for continued success. Davinder provides commercial mortgage products are designed to make acquiring your commercial property as straightforward and simple as possible. Davinder provides the expert assistance and attentive service you expect from a leading Mortgage Broker.


Davinder knows that each of his clients circumstances are unique, so he has designed a range of commercial mortgage loans to meet the needs of real estate investors, business owners, developers, and more.


Davinder works hand-in-hand with you to craft an agreement that suits your project. Whether you are a first-time real estate investor or a business looking to expand, Davinder has a mortgage solution for you.


Davinder can facilitate the purchase of a wide variety of commercial properties including:


  • Retail & Commercial Plaza Mortgages
  • Industrial Complex Development Finance
  • Builder & Development Finance
  • Land Development Loans
  • Apartment & Condominium Construction Loans
  • Business Capital Financing
  • Multi-unit buildings
  • Equipment Financing
  • Commercial Repositioning & Renovation Loans
  • Recreational real estate
  • Small Business Loans
  • Floor Plan financing

There are countless reasons why a small business loan could help you. Business loans are good when you are planning on expanding. You have outgrown your current location and have an increase of customers coming in and out. Credit building for the future is also a reason to get a business loan. By getting a small loan now, you are building credit for a few years down the road when you may need better credit for a bigger loan. The need for equipment can make it necessary to get a loan. Sometimes to improve your business, you need to get new, better, or specialized equipment but need the money. Business loans are good when you need inventory. The biggest expense for a business is inventory. You are constantly keeping above the demand. A loan can help you get the inventory you need. When a business opportunity comes along, sometimes you need to grab it, even if you do not have the cash. Getting a loan will enable you to make it happen.

A Home Equity Line of Credit (HELOC) is a loan that is solely based on the amount of equity built up in your home. A bank can provide you with an LTV of about 65% only, which is much lower rate than before. Davinder can get you an LTV of 80% instead.


Due to the several reasons listed below, a HELOC loan is a very practical financing option:


  • It is a flexible loan
  • Use the money for home renovations or as startup capital for a new business venture
  • Fund the education of your children
  • Consolidate other high-interest debts
  • Do not pay interest right away
  • Open-ended loans, access or withdraw funds as you need them
  • Pay of your expenses and borrow again
  • Make payments on your principal amount at your leisure

If you are looking for a home, but have doubts about your ability to get a mortgage, Davinder will help find the right mortgage for you. You may be wondering about your credit score, so just so you know, anything less than 670 is considered bad, or poor from the range of 300-579


No two bad credit situations are the same. Lenders always look at more than just your credit score, they also look at how much you have for income, size of your downpayment, any debts you have in collections, and how much debt you have. There are options out there for those with less than perfect credit scores.


Look at a Bad Credit Mortgage, and see if it may be the right fit for you.

Reach out to us anytime.

I am always ready to answer any questions you have

CONTACT

238 Britannia Rd E, Mississauga, ON L4Z 1S6

450 Hesepler Rd #218, Cambridge, ON N1R 6J7

647-988-8731