About Matrix Mortgage Broker

Matrix Mortgage Global is a Canadian company that provides mortgages for people looking for financing for home purchases, renovations and more.

Where are they located?

Matrix Mortgage Global is located in Toronto. However, besides being one of the main players in the Ontario mortgage industry, Matrix Mortgage also works with clients across the country.

What services does Matrix provide?

This brokerage firm offers many products geared towards helping their clients secure the mortgage they need, regardless of the state of their credit. They offer options like:

• First and second mortgages
• Mortgage renewal
• Mortgage refinancing
• Mortgages for self employed people
• Home equity loans (HELOCs and other products that use the equity in your home to provide extra funding)
• Bridge loans
• Home improvement mortgages
• New to Canada mortgages
• Spousal buyout mortgages
• Credit consolidation
• Bad credit mortgages

What kind of lenders do they work with?

Matrix Mortgage has built relationships with over 100 different lenders. That does not mean that they have the ability to offer better products than other mortgage brokers; it only signifies that they have different lending partners on their roster such as big Canadian banks and smaller financial institutions. Most mortgage brokers are able to foster relationships with various lenders in order to find you the right mortgage for your financial needs.

Is there anything that sets Matrix Mortgage apart from the rest of the industry?

Every mortgage brokerage does their best to offer their clients something that their competition can’t. Matrix Mortgage boasts that they can have your mortgage approved within 10 minutes because they do their lending based on equity and not credit. A 10-minute mortgage approval is not unheard of, but it’s best to anticipate that it will take a little longer for your mortgage to get accepted by the lender, no matter which broker you use.

Furthermore, Matrix Mortgage Global offers a spousal buyout mortgage, which is a product that is not available through all lenders. This product is specifically designed to help people who are going through a divorce and are selling their home.

Does their website have additional information about the mortgage industry?

Matrix Mortgage Global has a section of their site that is called the “Education Centre.” This portion of their website has articles dealing with the basics of the mortgage industry such as payment frequency, questions for home buyers, penalties and pre-payments, and rate locks. As aforementioned, Matrix Mortgage claims to be the home of instant approvals and you have the option to apply online at matrixmortgageglobal.ca.