My Rates

6 Months 3.10%
1 Year 2.64%
2 Years 2.54%
3 Years 2.64%
4 Years 2.94%
5 Years 3.04%
7 Years 3.44%
10 Years 3.84%
6 Months Open 5.95%
*Rates subject to change and OAC
Hooman Saffarian B.B.A Mortgage Agent

Hooman Saffarian B.B.A

Mortgage Agent

1500 Don Mills Rd, Toronto, Ontario







Working as a mortgage agent, with access to various lenders, allows me to find the best financing solution based on my clients short and long term needs.

As a professional mortgage agent, I have one goal in mind – consulting closely with you in order to develop and execute a plan for your ideal mortgage arrangement.

If you are purchasing a residential property anywhere in the Toronto, Mississauga, Oakville, or anywhere in GTA, as a mortgage professional, I can guide you through all your options allowing you to make an informed decision based on your current and future needs. Having an expert in your corner can be the difference between making a decision and making the right decision.

BLOG / NEWS Updates

Bank of Canada increases overnight rate target to 1 per cent

The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Recent economic data have been stronger than expected, supporting the Banks view that growth in Canada is becoming more broadly-based and self-sustaining. Consumer spending remains robust, underpinned by continued solid employment and income growth. There has also been more widespread strength in business investment and in exports. Meanwhile, the housing sector appears to be cooling in some markets in response to recent changes in tax and housing finance policies. The Bank continues to expect a moderation in the pace of economic growth in the second half of 2017, for the reasons described in the July Monetary Policy Report (MPR), but the level of GDP is now higher than the Bank had expected. The global economic expansion is becoming more synchronous, as anticipated in July, with stronger-than-expected indicators of growth, including higher industrial commodity prices. However, significant geopolitical risks and uncertainties around international trade and fiscal policies remain, leading to a weaker US dollar against many major currencies. In this context, the Canadian dollar has appreciated, also reflecting the relative strength of Canadas economy. While inflation remains below the 2 per cent target, it has evolved largely as expected in July. There has been a slight increase in both total CPI and the Banks core measures of inflation, consistent with the dissipating negative impact of temporary price shocks and the absorption of economic slack. Nonetheless, there remains some excess capacity in Canadas labour market, and wage and price pressures are still more subdued than historical relationships would suggest, as observed in some other advanced economies.

Count down to your mortgage approval

Finding the right mortgage is as important as finding the right home, and with careful planning, responsible homeowners can qualify for the best rates. Start following this timeline a year before you want to buy a home, and youll be set for financial success by moving day. 1 YEAR OUT: REVIEW YOUR CREDIT REPORT. Download it from equifax.ca or transunion.ca and correct any mistakes. TIPIf your score is low, work on fixing it now theres enough time to make an improvement. Start by paying off debt such as a car lease, credit card accounts with limits upwards of $1,500 as this can help boost your credit score. 10 MONTHS OUT: TACKLE DEBT. Responsible buyers enter homeownership with as little debt as possible. TIPFocus on bringing your credit card balances to less than 50% maxed out. Loans that are at capacity hurt your score. 8 MONTHS OUT: LIVE ON LESS. Homeownership comes with expenses that renting doesnt: property tax, water, heat and so on. Start putting aside those amounts every month as this will help you prepare to take these bills on when you are a homeowner. TIPPark the money in a high-interest savings account and apply it to your closing costs later. 6 MONTHS OUT: RESEARCH MORTGAGE BROKERS. Brokers generally offer better rates than banks, and they help borrowers with less-than-perfect credit history, as well as those who are self-employed. Find 3 brokers and ask them what their best rates are, what kind of mortgages they can secure and what documentation. 4 MONTHS OUT: ASSEMBLE THE PAPERWORK AND APPLY FOR A MORTGAGE. Most pre-approvals are valid for 3 months, but your broker (or bank) will need time to process your application. 3 MONTHS OUT: START HOUSE HUNTING! Attend open houses and private showings knowing exactly how much you can spend. TIPRemember that your pre-approval is a maximum. You may find your perfect home for less. Dont over extend yourself it is always better to have a buffer for emergencies.


TD Bank Scotia Bank First National B2B Bank Home Trust
MCAP Merix Industrial Alliance Optimum Canadiana Financial
Equitable Bank ICICI Bank Fisgard Capital  RMG Mortgages Street Capital