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Karen Parker
Mortgage Broker
Toronto, Ontario. CA
KAREN'S MISSION
My mission has always been to help my clients and provide them with the best customer service, educate and assist all my clients to achieve their financial goals.
Since 2001, I had worked for various financial institutions within the mortgage industry until 2014 when I transitioned over to the mortgage brokerage side. My time working for those financial institutions, has helped me to gain extensive knowledge and experience within the mortgage and real estate industry.
Over the years, I have helped thousands of people within the city of Toronto and throughout Canada to understand and navigate the complex process of buying or refinancing a property. My services have helped clients no matter what their financial situation, secure the necessary financing required.
I am committed to easing your concerns and addressing all of your mortgage needs. I provide personalized guidance and direction regarding a variety of financing options, empowering you with the knowledge and resources you need. Get in touch today to start making smarter choices regarding mortgages.
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KAREN PARKER
MORTGAGES VS THE BANKS
KAREN PARKER MORTGAGES
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Access to a wide variety of products best catered to your personal situation
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Shop around to get you the best rate
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Available evenings and weekends
THE BANKS
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Limited product options
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Limited interest rate options
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Banks are only available Mon-Fri, 9AM-5PM
MORTGAGE SERVICES
I specialize in a variety of mortgage services aimed at helping to secure all of your property-financing needs. From bankruptcy clients to clients with A1 credit I can help you obtain financing. So, whether you’re looking to buy your first home, refinance an existing mortgage or get a secured loan or line of credit, feel free to contact me to see how I can be of assistance to you.
PURCHASE A PROPERTY
If you are purchasing your first home as a first time home buyer, are New To Canada or a Real Estate Investor I got you covered. From as little as 5% down payment, I can assist in helping you to obtain financing for that new property.
I process applications for property types such as new construction, resale, commercial, agriculture and land development.
Refinancing allows you to access the equity from your home. You can use the funds from your equity for such things as paying off your outstanding debts, renovating your home or putting a down payment on a second property.
You can also earn additional income from your equity by earning rental income by renovating your basement into a basement apartment, purchasing a rental property or investing the funds into different investment vehicles such as stocks and bonds.
Contact me for for more tips on how you can make your equity work for you!
ALTERNATIVE FINANCING
Alternative financing is for the clients whom have experienced hardships in life which have unfortunately affected their credit profile. Bankruptcies, judgements, collections or late payments are all reasons for alternative lending.
Alternative Financing is also ideal for clients whom are self employed who have the income to qualify for a mortgage but cannot prove their income through the traditional banks' stringent guidelines. Or if you are a non- resident client who lives and works outside of Canada there are alternative financing options available to you as well.
THE MORTGAGE APPLICATION
PROCESS SIMPLIFIED
Getting a mortgage can be a time consuming lengthy process. That is why I will be there to guide you through the whole process from the beginning to the end. Here is what you will need to get started:
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2 pieces of identification such as a drivers license or passport
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Proof of employment (recent letter of employment and paystub)
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Proof of down payment (3 months savings bank statement)
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Purchase and Sale Agreement and MLS listing
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Recent mortgage statement (for refinance applications)
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Recent property tax bill (for refinance applications)
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Void Cheque
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Lawyer Information
Once I receive the documents I will begin the mortgage application process by assessing and evaluating your income and credit history. Once we have discussed the application and the product best suited for you, I will submit your application to the lender. The processing time from the approval of the mortgage to the closing date is on average 3-6 weeks.
My job is to ensure your mortgage application experience is as easy as possible and I will find the best solutions that fit your financial goals!
Mortgage Affordability Calculator
Mortgage Calculator
Working with Karen was seamless and easy. She thoroughly explained everything and kept me updated always. I would definitely recommend my family and friends to Karen!
Tilray Johnson
My experience working with Karen was lovely! She took the time to explain everything to me from the beginning to the end!
Nicola Chramdran
I was only given 3 weeks by the builder to close on my new construction condo and Karen was able to obtain financing and close the mortgage without me having to get an extension! I am appreciative and grateful for her service!
Kyle Porter
LET’S TALK!
2600 Skymark Avenue, Suite 3-103, Mississauga, Ontario L4W 5B2
Office: 416-900-5567
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