Mortgage Agent in Scarborough
By Vishvesh Patel, Mortgage Agent · Centum Financial Services Limited Partnership · FSRA licence M26001018
Scarborough is one of the most diverse parts of the GTA, and a lot of the buyers I help there are purchasing their first Canadian home. The process is the same as anywhere in Ontario — pre-approval, offer, final approval, closing — but the details trip people up: closing costs on top of the down payment, the stress test, and which documents a lender actually wants.
My job is to take those details off your plate. We start with one conversation about your goal and your numbers, I shop your file across lenders, and you pick from real options with the costs explained in plain English.
Mortgages I arrange in Scarborough
Purchases & pre-approvals
- First home or next home in Scarborough
- 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 Scarborough buyers work with a broker
Your bank will offer you your bank's mortgage. That might be fine, or it might be leaving money on the table — you cannot tell without comparing. I compare Scarborough files across banks, credit unions, and monoline lenders through CENTUM, and in most standard mortgages the lender pays me, so the comparison costs you nothing.
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.
Scarborough mortgage questions, answered
Do you work with buyers in Scarborough?+
Yes. I am licensed in Ontario and I work with buyers in Scarborough 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.
How much down payment do I need to buy a home in Scarborough?+
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.
Should I use a mortgage broker or go straight to my bank in Scarborough?+
A bank can only offer you its own products. A broker shops your file across many lenders, including banks, credit unions, and monoline lenders, and finds the one that fits your situation. If your file is straightforward, both can work. If it is anything unusual, a broker has more places to go.
Should I sign my bank's renewal letter?+
No, not automatically. Your bank's renewal letter is an offer, not advice, and it is usually not their best rate. You can shop it, switch lenders, or negotiate. Start 120 days before your renewal date. Signing the first letter you get is how people overpay.
Buying or renewing in Scarborough?
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 Toronto, Markham, North York. 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.