the process

Mortgage Pre-Approval

Get into your home faster with a Mortgage

James believes that knowledge is power! James wants to make each and every Ontario home buyer aware of the many mortgage and finance options available to them right from the pre-approval.

Now, more than ever, financial institutions are regularly launching products and programs which make it easier to get into that new home sooner.

Above all, today’s interest-only loans, self-employment programs, rental purchase programs, vacation property programs and a host of other innovative financing alternatives are dotting the home purchase landscape making home-ownership a reality for more people.

First Time Homebuyer

James makes the purchase of your first home easier

He knows that your first home purchase is a daunting but exciting experience. The new First-Time Home Buyer Incentive allows eligible first-time homebuyers, who have the minimum downpayment for an insured mortgage, to apply to finance a portion of their home purchase through a form of shared equity mortgage with the Government of Canada.

Lower monthly mortgage payments
Interest-free incentive program
No pre-payment penalty
Newly constructed homes eligible for 5% or 10%
Exisiting homes eligible for 5%

Canada’s First Time
Homebuyer Incentive Program


Without Incentive



Without Incentive

$20,000.00 (5%)


Without Incentive



Without Incentive



With Incentive



With Incentive

$40,000.00 (10%)


With Incentive



With Incentive


Mortgage Refinancing

What is mortgage refinancing?

Essentially, refinancing allows you to pay off your existing mortgage and replace it with a new one. There are a variety of reasons to consider mortgage refinancing, including but not limited to:

 You want to leverage large increases in property value
You want to get equity out of the home for upgrades or renovations
You are looking to consolidate your debt
You have kids headed off to college
You want a better interest rate

If you opt to refinance during your term, it is considered to be breaking your mortgage agreement. As with everything, refinancing comes at a price! James understands the best options to keep the costs to a minimum for every situation.

Mortgage Renewal

When Can I Renew My Mortgage?

Generally it is a good idea to start shopping for a new term between four and six months before your current mortgage term expires. Many lenders send out your renewal letter very close to the time that your term expires and this does not give you ample time to arrange for a mortgage term through a different lender. This means that you need to be tracking your own mortgage term time-frame and know when it is time to start shopping for a good mortgage renewal rate.

There are a number of factors to consider when renewing such as…
Has your income changed?
Have your expenses changed?
Has your appetite for financial risk changed?
Are you starting a family?
change in your marital status?
Do you need to pay for a large expense?

Review your future goals with James today and come up with a plan of action that best suits your financial goals and requirements.

Reverse Mortgages

Thinking about using your home equity do accomplish some of your goals?

You now have a choice when it comes to Reverse Mortgages… and we know it just feels better when you have options. Your reverse mortgage must be repaid when the last remaining homeowner leaves the home, which generally happens through sale of property where the proceeds are used to pay back the loan. You can use a reverse mortgage for things like

  Paying off debt
  Covering everyday expenses
  Making renovations
  Supporting your family
  Paying for in-home care

James is a Reverse Mortgage Specialist, knows all the aspects of this progam and will happy to walk you through it.

Self-Employed Mortgage

How to Get a Self-Employed Mortgage

This program is for self-employed borrowers who are unable to provide traditional income verification but have a proven history of managing their credit and finances responsibly. Eligible borrowers typically own a small size business for a minimum of two years.

It may be harder to get a mortgage if you’re self-employed. You’ll need to provide more documentation than someone who has had the same W-2 employment for several years. Self-employed borrowers can improve their prospects by:
increasing their credit score
offering a larger down payment,
or paying down debt

James will work with you to help you determine what you can do to obtain the best self-employed mortgage option for your situation. Armed with knowledge and patience, James will find ways to qualify you for a self-employed mortgage.


"Each office independently owned and operated Dominion Lending Centres Valko Financial Ltd. | FSRA# 13047"

"Having been a skilled trades-person for 18 years, I've seen plenty of cases where people making a very good income are poorly treated by some lenders. I want to help put the people building homes, INTO homes."


Contact Info

137 Glasgow St
Suite 210, Office 167
Kitchener, ON
N2G 4X8
Phone: 647 617 7158

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