× Announcement: In keeping with the government's direction on essential services, MonsterMortgage.ca is open to help you with all your mortgage questions during these unprecedented times. The health, safety, and happiness of our staff, agents and customers remain our priority. Consistent with the protocols for social distancing, we will address all your needs through the phone or online. Our business has always been set up to work remotely so rest assured that your personal and financial information is secure. Feel free to contact us anytime at 416-480-0234 or at info@monstermortgage.ca.
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Frequently Asked Questions


Q: Are there any programs available for home buyers?

Q: How can I improve my credit score?

Q: How do I know what I can afford?

Q: How does MonsterMortgage.ca® provide services for FREE?

Q: How long does it take to get a mortgage?

Q: What are closing costs?

Q: What do I need to consider when my mortgage is up for renewal?

Q: What documents are required to get a mortgage? Then vs. Now

Q: What exactly does a mortgage broker/agent do?

Q: What is a HELOC?

Q: What is a mortgage pre-approval?

Q: What is a second mortgage?

Q: What is the minimum down payment needed to purchase a home?

Q: Why do I need to start early to renew my mortgage?

Q: Why is the cost of borrowing not the same as the interest rate quoted on the mortgage commitment?

Q: Why should I consider home renovations?

Q: Why should I consider refinancing my existing mortgage?

Q: Why use a mortgage broker?