Licensed Mortgage Agent · Ontario
A mortgage strategy built around your numbers, not the bank's quota.
I shop your application across a wide panel of lenders — banks, credit unions, and monoline lenders — to find the rate and structure that actually fits your life. Free advice, honest math, no obligation.
Bank vs. Agent
One application. The whole market.
A bank employee can only offer you the bank's own rate. As an independent agent, I place your file with the lender best suited to your income type, credit profile, and goals — often at a lower rate than what's posted in-branch.
One file, many lenders
Your application is matched against a full panel of banks, credit unions, and monoline lenders — not a single institution's rate sheet.
Unbiased structure
No product quotas to hit. Recommendations are based on what reduces your interest cost and fits your timeline — nothing else.
Usually no cost to you
On most residential mortgages, the lender pays the commission — so working with an agent typically costs you nothing extra.
How It Works
From first call to keys in hand
A clear, five-step process for every borrower I work with, from first call to closing day.
Discovery call
We talk through your goals, income, credit, and timeline — 20 minutes, no pressure.
Pre-approval
You get a rate hold and a clear number for what you can borrow, in writing.
Shop with confidence
Make offers knowing your financing is already lined up.
Underwriting
I manage lender conditions and paperwork so you're not chasing anyone.
Closing day
Funds are arranged with your lawyer ahead of time. You just show up for keys.
Services
Mortgage solutions for every stage
Whichever situation you're in, there's very likely a lender on my panel built for it.
First-Time Buyers
Down payment options, incentive programs, and a payment you'll actually be comfortable with.
Renewals & Refinancing
Don't auto-renew at your bank's default offer — let's see what the rest of the market says.
Investment Properties
Financing for rental and multi-unit properties, structured to support your portfolio growth.
Self-Employed Borrowers
Stated-income and alternative-document programs for business owners and contractors.
New to Canada
Limited Canadian credit history is not a dead end — newcomer programs can bridge the gap.
Debt Consolidation
Roll high-interest debt into your mortgage and simplify to a single, lower payment.
New Construction
Draw mortgages and builder-specific financing for pre-construction and custom builds.
Private & Alternative Lending
Short-term and equity-based solutions when traditional lending doesn't fit the timeline.
Parker McGovern
Mortgage Agent, Level 2
About
An ethical, dynamic mortgage agent who sweats the details.
Parker McGovern is a Mortgage Agent (Level 2) with Mortgagebroker.ca, based in Richmond Hill, Ontario. He holds a Bachelor of Commerce in Real Estate & Housing from the University of Guelph, and brings that academic foundation together with genuine enthusiasm and a keen eye for detail to every file — from first-time purchases to renewals to self-employed and investment financing.
In just a few years in the industry, Parker has built his practice around one idea: give clients a real comparison across the lender market, explain the trade-offs in plain language, and let them make an informed decision — the same way he'd want it explained to his own family.
- Licensed Mortgage Agent, Level 2 — regulated by FSRA (Financial Services Regulatory Authority of Ontario), Lic. #M21002541
- Operating under Mortgagebroker.ca, Brokerage Lic. #12707
- Bachelor of Commerce, Real Estate & Housing — University of Guelph
- Based in Richmond Hill, serving clients across Ontario
Transparent
Every rate quote comes with the full breakdown — no fine print you find out about at closing.
Responsive
Evenings and weekends included. Buying a home doesn't stop at 5pm, and neither do I.
Long-term
I track your renewal date and rate environment for you — not just at closing, but for as long as you hold the mortgage.
Calculators
Run your own numbers
Pick a tool below and get an instant estimate — no sign-up, no obligation. These are planning numbers; your exact rate and qualification depend on lender review.
Testimonials
What clients say after closing
FAQ
Common questions
Getting started
What does a mortgage agent do that a bank doesn't?
A mortgage agent shops your application across dozens of lenders — banks, credit unions, and monoline lenders — to find the best rate and terms for your situation. A bank can only offer you its own products.
Does it cost anything to work with a mortgage agent?
For most residential mortgages, the lender pays the agent's commission, so there's no cost to you. Fees only apply in certain private or alternative lending situations, and they're always disclosed upfront.
What documents do I need to get started?
Typically two years of income documents (T4s, NOAs, or financial statements if self-employed), a recent pay stub, ID, and a snapshot of your assets and debts. I'll send a simple checklist once we talk.
Rates, terms & qualifying
How much do I need for a down payment?
The minimum is 5% on the first $500,000 of the purchase price and 10% on the portion between $500,000 and $1.5 million. Homes priced at $1.5 million or more require at least 20% down.
What is the mortgage stress test?
Lenders must qualify you at the higher of your contract rate plus 2%, or 5.25%. It's designed to confirm you could still afford payments if rates rise. The affordability calculator above uses this rule.
Fixed or variable — which is better?
It depends on your risk tolerance, how long you plan to stay, and the current rate environment. I'll walk through the trade-offs specific to your file rather than give a one-size answer.
Working with an agent
Will checking my rate affect my credit score?
An initial conversation and rate estimate don't require a credit pull. A soft or single hard inquiry is only run once we move to formal pre-approval, and I'll always tell you beforehand.
Can you help if a bank already declined me?
Often, yes. A decline at one institution doesn't mean a decline everywhere — different lenders weigh credit, income type, and debt ratios differently.
Process & closing
How long does a pre-approval take?
Most pre-approvals are completed within 24–48 hours of receiving your income and asset documents, and the approved rate is typically held for 90–120 days.
Do you work with my real estate lawyer directly?
Yes — mortgage instructions are sent directly to your lawyer's office ahead of closing so funds are in place without you having to relay paperwork back and forth.
Ready when you are
Let's find out what you actually qualify for.
A 20-minute call is usually enough to give you a clear number and a plan. No pressure, no obligation.
Contact
Tell me about your situation
Fill out the form and I'll follow up within one business day — or reach out directly using the details alongside.
Thanks — message received.
I'll follow up within one business day. For anything urgent, call or email directly using the details alongside.