At MullenandMullen Mortgage Architects, we shop the entire mortgage market for you. Instead of visiting one bank, you gain access to top lenders, competitive rates, and tailored mortgage solutions — all with one streamlined application.

Most residential clients pay no fee. Lenders compensate us directly once your mortgage funds. If a fee is ever required (ex: private lending), we tell you upfront.

Banks only offer their own products — we offer multiple lenders, flexible approvals, and customized advice to help you save money and choose the right mortgage for your goals.

• 5% for homes up to $500,000 • 5% on first $500,000 + 10% on remainder to $999,999 • 20% for homes $1M+

Most lenders prefer 650+, but we also work with alternative lenders for unique situations.

This depends on your debts, home price, and down payment. We provide free pre-approvals to determine your exact mortgage qualification.

You may need: • ID • Income verification (T4s, pay stubs, job letter, or self-employed documents) • Bank statements • Down payment proof • Property details

• Pre-approval: 24–48 hours • Full approval: 2 business days

It estimates your borrowing power and may hold a rate for 90–120 days, protecting you from rising rates.

Yes — we specialize in self-employed mortgage programs, including bank-statement and alternative income verification.

You still have options. We work with lenders comfortable with past collections, late payments, and consumer proposals.

• Fixed • Variable • Adjustable-rate • First-time homebuyer • Renewals • Refinances • Investment / rental property • HELOC • Private lending • Cottage & vacation property financing • Self- employed mortgages

Required when your down payment is under 20%. Provided by CMHC, Sagen, or Canada Guaranty.

Yes — renewals are one of the best opportunities to secure lower rates or better terms.

Yes. Refinancing allows you to: • Consolidate debt • Access equity • Renovate • Lower monthly payments • Invest You can typically borrow up to 80% of your home’s value.

• Fixed: Stable payments, predictable budgeting • Variable: Moves with prime rate and can save money depending on rate trends

Variable-Rate Mortgage (VRM) • Payment usually stays the same • Interest vs. principal changes • Trigger rate rules may apply Adjustable-Rate Mortgage (ARM) • Payment changes automatically when prime changes • Amortization remains more consistent

Fixed rates follow the Government of Canada 5-year bond yield. • Bond yields rise → fixed rates rise • Bond yields fall → fixed rates fall

The Bank of Canada: • Sets the overnight rate • Controls inflation • Influences lender prime rates • Supports financial/economic stability

Short-Term Rentals (Airbnb, VRBO) • Fewer lenders • 20–35% down • Not all lenders count short-term income • Higher risk = stricter guidelines Long-Term Rentals • Widely accepted • 50–100% of rental income may be used • 20% down is typical

Lump-Sum Payments Make extra payments directly to your principal (often 10–20% of the original balance per year). Increase Your Regular Payments Many lenders allow increases of 10–20% per year. Double-Up Payments Additional payments that go straight toward principal. Prepayment reduces interest and shortens your amortization significantly.