Mortgage Agent in Oshawa
By Vishvesh Patel, Mortgage Agent · Centum Financial Services Limited Partnership · FSRA licence M26001018
Oshawa is where many GTA buyers make the jump from renting to owning, often with a first home and a down payment saved over years. The minimum down payment is 5% on the first $500,000 — but the budget also needs closing costs of 1.5% to 4%, and I will not let that second number sneak up on you.
New to Canada and settling in Oshawa? You do not need a Canadian credit score to start. Newcomer programs accept alternative credit — rent paid on time, utility and phone bills, banking history — and I will tell you exactly what to gather before we apply.
Mortgages I arrange in Oshawa
Purchases & pre-approvals
- First home or next home in Oshawa
- Pre-approval with a rate hold of 90 to 120 days
- A real budget: down payment plus closing costs
Renewals, switches & refinancing
- Renewal shopping — start 120 days before your date
- Switching lenders for a better fit
- Refinancing for renovations, debt, or equity
Newcomer programs
- No Canadian credit history? Alternative credit can work
- Rent, utility, and phone payment history
- A clear document list before you apply
Self-employed & commercial
- Self-employed income, presented the way lenders want
- Investment and rental properties
- Commercial purchases and refinances in Ontario
Why Oshawa buyers work with a broker
First-time and newcomer files succeed on preparation, not luck. I review your income, debts, down payment, and documents the way a lender will, fix the gaps before we apply, and then shop your Oshawa file across banks, credit unions, and monoline lenders through CENTUM. In most standard mortgages you pay nothing — the lender pays me.
My file work is done through Centum Financial Services Limited Partnership, and I am licensed by FSRA in Ontario (licence M26001018, Agent Level 1). I speak English, Hindi, Gujarati, and Punjabi, and I am reachable evenings and weekends — because houses do not wait for business hours.
Oshawa mortgage questions, answered
Do you work with buyers in Oshawa?+
Yes. I am licensed in Ontario and I work with buyers in Oshawa and across the GTA — first-time buyers, newcomers to Canada, families renewing or refinancing, and self-employed buyers. We work by phone, video, and email, in the evenings and on weekends too. In most standard mortgages you pay nothing — the lender pays me.
Can I buy a home in Oshawa with no Canadian credit history?+
Yes, it is possible. Some lenders accept alternative credit, like 12 months of on-time rent, utility bills, and cell phone bills, plus an international credit report or a reference letter from your bank back home. Newcomer mortgage programs exist for exactly this situation. The paperwork matters more than the score.
How much down payment do I need to buy a home in Oshawa?+
For an insured mortgage in Ontario, the minimum is 5% on the first $500,000 of the purchase price, 10% on the portion from $500,000 to $1 million, and 20% on homes $1 million and up. These are minimums. A bigger down payment means a smaller mortgage and lower monthly payments.
What credit score do I need for a mortgage in Oshawa?+
There is no single cutoff. A higher score gives you more lenders and better rates. Some programs, including newcomer programs, can work with alternative credit if you have no Canadian score yet. What matters most is the full picture: income, debts, down payment, and payment history.
Buying or renewing in Oshawa?
Tell me your goal and your timeline, and I will give you your real numbers in plain English. In most standard mortgages you pay nothing — the lender pays me.
Call (647) 313-9636 Send a message Book a callAlso serving buyers in Whitby, Ajax, Scarborough. Read more on the blog: how much down payment you need in Ontario and how newcomers get a mortgage with no Canadian credit history. Or go back to the homepage for the down payment calculator and today's Market Pulse.
This page is general information, not financial advice. No approval, rate, or outcome is promised. Rates and programs change — ask for today's numbers.
Vishvesh Patel is a Mortgage Agent with Centum Financial Services Limited Partnership, licensed by FSRA in Ontario. FSRA licence M26001018, Agent Level 1, status: Authorized to Sell (issued May 28, 2026; expires March 31, 2027). Verify this licence in the FSRA registry. Licensed in Ontario only — helping buyers from across Canada buy in Ontario. Phone: (647) 313-9636 · Email: hello@vishveshpatel.com.