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Find Mortgage Brokers In Durham Region

The Regional Municipality of Durham, aka the Durham Region, provides a place where many Ontarians can buy an affordable home within close proximity to the city of Toronto. For those who work in Toronto but want to live somewhere that has more of a rural atmosphere instead of a big city vibe, the Durham Region offers ample property options for purchase. The area is made up of different municipalities that are accessible to Toronto via highway and a vast public transit system.

Mortgage Brokers in Durham Region

What Municipalities Is The Durham Region Comprised Of?

The expanse contains the towns of Ajax and Whitby; the townships of Brock, Uxbridge and Scugog; the cities of Oshawa and Pickering; and the municipality of Clarington. Furthermore, the First Nations reserve, Misssissaugas of Scugog Island, is also found in the Durham Region. The area has 644,910 residents and if you’re thinking of becoming the 644,911th, you will need to take certain steps to buy your dream house in the region.

What Steps Should I Take To Find My Durham Dream Home?

The first step in finding a property to purchase is to contact a realtor. You can use the resources of the Durham Region Association of Realtors to find a real estate agent to work with. DRAR holds its members to high industry standards and plays a large role in helping current home owners sell their homes as well as aids future home owners in buying their dream houses.

After I’ve Found a Property to buy in the Durham Region, What’s Next?

Before purchasing a property, you will need a mortgage. If possible, work with a mortgage broker who knows the Durham Region. Your broker’s job is to represent your financial situation to different lenders in order to find the best mortgage for you. Mortgage professionals are capable of not only finding the perfect funding package to allow you to purchase your dream home, but they will also get you the best interest rate.

Fast Facts about the Durham Region:

  • Homes in the Durham Region cost on average $452,412
  • The area features over 350 kilometres of conservation ranges and recreational trails
  • The Durham Region is bordered by three lakes, Ontario, Simco and Scugog, giving residents a place to fish, swim, and boat
  • The region covers a total of approximately 2,500 square kilometres complete with urban areas, rural stretches, small towns, and moderately-sized cities
  • The Durham Region is famous for being the location of an array of “pick your own” farms where patrons can pick their own berries, pumpkins and apples
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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).

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