Tech pay, bonuses and RSUs
Some banks discount bonuses and stock. Amit knows which lenders count more of your total pay, and how much history they want to see.
Waterloo • Uptown • Laurelwood • Westvale • Beechwood
Buying or renewing in Waterloo? Talk to Amit before you sign.
Whether it's a first condo in Uptown, a family home in Laurelwood or a renewal in Beechwood, one call to Amit puts 40+ lenders side by side. Fast pre-approvals, help with tech pay like bonuses and RSUs, and no cost to you on standard mortgages.
- 5.0 on Google
- $110M+ funded
- Waterloo Region
Mortgage advice built around Waterloo
Waterloo buyers range from tech workers paid partly in stock to families moving into Laurelwood, Eastbridge or Colonial Acres. The right lender depends on how you're paid and what you're buying.
First-time buyers
30-year amortizations for first-time buyers, the $1.5M insured mortgage limit, and how to use your FHSA, explained in plain terms.
Switching at renewal
If you move your mortgage to a new lender at renewal without borrowing more, you usually don't need to pass the stress test again. Don't just sign the renewal letter.
Renewing in Waterloo? Check your window.
Most lenders let you lock a rate up to 120 days before your renewal date. Start shopping inside that window and you keep the option to take a lower rate if one appears. Pick your renewal month.
Some of the lenders Amit works with
What would your Waterloo payment be?
Canadian semi-annual compounding, with mortgage default insurance added automatically when your down payment is under 20%. A quick estimate, not a quote.
For a real number based on your credit and income, ask Amit.
Waterloo mortgage questions
Something else on your mind? Text Amit. He usually replies the same day.
Why use a mortgage agent in Waterloo instead of my bank?
A bank can only offer its own mortgages. Amit compares 40+ lenders, including big banks, credit unions and monolines, and shows you the rate and the fine print side by side. There's no cost to you on standard residential mortgages.
Do bonuses and RSUs count toward qualifying?
Often, yes. Lenders treat variable pay differently. Some count bonuses and vested stock once you have a history of receiving them, others discount it. Amit sends your file to the lenders that treat your pay fairly.
Can I switch lenders at renewal without re-qualifying?
Often, yes. Since November 2024, if you move your mortgage to a new lender at renewal without increasing the amount or amortization, you no longer need to pass the stress test again. Amit will confirm what applies to you.
Do you finance student rentals or duplexes in Waterloo?
Yes. Amit works with lenders that finance rental and multi-unit properties near the universities, including how much of the rent can count toward qualifying.