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Find Mortgage Brokers In Vaughan

When it comes to homeownership, Canadians are faced with many property choices. Do you go with a condo or semi-detached home? Do you purchase a cottage-style dwelling or a single-family home? Do you relocate to the suburbs or stay in the city? If you’re looking for a place that offers condos, traditional houses, and provides an urban setting in the heart of the suburbs, look no further than Vaughan. The city is well-suited to those who work in Toronto – it is a short drive to Ontario’s capital city – and those who look for the convenience of suburban living with great schools and amenities for the whole family to enjoy. Vaughan is comprised of six thriving areas where luscious greenery, great comforts, and residential living come together.

What Communities Make Up The City Of Vaughan?

The city is composed of six communities with a total population of 319,813. Residents of Vaughan live within one of these six districts:

  • Woodbridge
  • Vaughan Metropolitan Centre
  • Maple
  • Thornhill
  • Concord
  • Kleinburg

How Do I Purchase Property In Vaughan?

In order to buy a home, you will need two very important components: a realtor and a mortgage broker. To find a real estate agent to show you the different properties available in the area, you can peruse RECO. The Real Estate Council of Ontario regulates the industry and holds realtors to a very strict standard so that consumer confidence in the business of home buying never waivers.

Once I’ve Found a Property To Buy, What’s Next?

After you’ve worked with a Vaughan real estate professional to find the ideal property for purchase, you will need to contact a mortgage broker. As aforementioned, mortgage brokers play a large part in the home buying process. A mortgage broker who knows the Vaughan area will represent your financial interests to the different lenders in their arsenal to get you the best mortgage package.

Fast Facts About Vaughan:

  • The average home price in Vaughan is $660,501
  • The Vaughan Mills shopping complex contains over 200 retail stores, restaurants and entertainment areas such as the Legoland Discovery Centre, Lucky Strike Lanes and Joe Fresh
  • Vaughan is home to Canada’s Wonderland one of the country’s biggest and most famous amusement parks
  • You will find the Canadian Soccer Hall of Fame and Museum in Vaughan where legends of the game are honoured
  • The city has the 25,000 square foot Reptilia Zoo and Education Centre, the largest indoor reptile menagerie in Canada
  • Vaughan is the site of the Boyd Conservation Area, a land preserve where families can experience nature’s beauty

Canada’s mortgage website

Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).

We All Need a Mortgage

Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.

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