ApprovedbyDustin

ApprovedbyDustin Mortgage Agent — Burlington, Hamilton, Brantford, Caledonia, St. DLC National Ltd. #12360 📞 (289) 244-6979 | approvedbydustin.ca

Catharines & Southern Ontario 🏡 Purchases, renewals, refinancing, self-employed & complex income mortgages. 100+ lenders. As a solution-oriented mortgage professional, I am dedicated to prioritizing your best interests while guiding you through the complexities of your mortgage needs. Specializing in a range of services, including private lending, institutional lenders, bad credit solutions, const

ruction mortgages, and reverse mortgages, I provide expert advice and tailored solutions to ensure you achieve your homeownership and financial goals.

What a difference a few hours can make.Since 8:00 a.m. ET, oil has completely reversed course.Iran confirmed the Strait ...
04/17/2026

What a difference a few hours can make.

Since 8:00 a.m. ET, oil has completely reversed course.

Iran confirmed the Strait of Hormuz is fully open to shipping, and that was all the market needed.

WTI crude has broken well below the key 50% retracement from March, signaling growing confidence in a near-term resolution.

Nothing’s ever guaranteed in these markets… but for now, this is positive news for rates heading into the weekend.

Canada’s 5-year yield is already down ~6 bps, and expectations have shifted fast — the market is now pricing in less than one BoC hike by December.

Just four weeks ago? We had economists looking at 2-3 hikes.

Momentum can change quickly. Stay positioned.

If you’ve got a renewal coming up this summer, or you’re thinking about buying, it’s worth looking at a 120-day rate hold to protect yourself from market volatility.

In today’s environment, it’s not about chasing the bottom — it’s about having a strategy.

Whether you’re planning 2, 3, or 4 years out, the goal is simple: build a plan around a comfortable budget so you can move forward with confidence, and sleep at night.

01/03/2025

With the new year upon us, you may have recently received your 2024 mortgage statement. This is a great opportunity to review your financials as we head into 2025.

Are you carrying any high-interest debt that could benefit from consolidation? Did you buy or renew your fixed-rate mortgage at 5.55% or higher in the past few years? If so, there may be opportunities to lower your rate, increase your monthly cash flow, and potentially save thousands in interest over the life of your loan.

If this resonates with you, or someone you know, feel free to reach out directly.

Direct Number: 289-244-6979
Email: [email protected]

2025 Bank of Canada Rate Announcements Are Coming! đź“…The first one is set for January 29th! With the current prime rate ...
01/03/2025

2025 Bank of Canada Rate Announcements Are Coming! đź“…

The first one is set for January 29th!

With the current prime rate at 5.45%, many clients are considering variable-rate mortgages with hopes of future rate cuts

Here’s how it Works:

Your mortgage rate = Lender’s prime rate as of today (5.45%) minus your discount.

- If you’re putting less than 20% down today, most variable discounts are around 0.8% to 1.00%, giving you a rate between 4.54% to 4.65%.

If you’re putting 20% down, Most variable rate discounts range from 0.7% - 0.8%. Though you may be able to get a better rate with a downpayment over 35% with our “mono-line lenders”

Why consider a variable rate?

One of the big benefits is the penalty if you need to break your mortgage. A variable rate mortgage has a 3-month interest penalty, while a fixed-rate mortgage could have a much higher penalty (3-month interest or even a huge IRD penalty).

But be careful— prepayment privileges aren’t always taught to mortgage professionals, so be sure to ask about potential penalties and the best options for you!

Adjustable vs. Static Variable

Adjustable rate - Your payments drop ad your lenders prime rate goes down.

Static rate - payments stay the same, but the portion going toward principal and interest changes.

Right now, many clients are looking for payment relief so it’s important to understand your options.

Have questions? DM me! Let’s chat about what makes sense for you. 📲


Thinking of building your dream home in Ontario?We’re here to help you navigate the construction mortgage process. Wheth...
01/02/2025

Thinking of building your dream home in Ontario?

We’re here to help you navigate the construction mortgage process. Whether you’re building your own home or an ADU, it’s essential to work with a mortgage expert who understands construction financing.

Many lenders require you to own the land outright, but our team works with lenders who can lend up to 80% of the land's value to help get your project started—covering permits, drawings, and more.

Not all construction loans are the same. Private mortgages often offer more flexibility in qualifying and draw schedules. It’s important to understand how your lender will release funds throughout the build.

Your loan amount typically ranges from 75-80% of the “as-complete” value. While private mortgages are often the easiest path, we also work with local credit unions that offer great construction and land mortgage options.

Know someone planning to build in Ontario in 2025?

Let’s connect!

Congratulations to my young family on closing on your new home today! Thank you for trusting me to guide you through thi...
08/26/2024

Congratulations to my young family on closing on your new home today! Thank you for trusting me to guide you through this exciting journey. In today’s uncertain market, it’s essential to work with professionals who prioritize your best interests—whether they’re mortgage brokers, realtors, or lawyers.

From a mortgage professional’s perspective, choosing the wrong product can be a costly mistake. In Ontario, our mortgage agents can complete their training in just 24 hours, but there’s much more to consider than just your buying power and rate.

Are you receiving a comprehensive scenario sheet that outlines all costs associated with homeownership, such as utilities, insurance, closing costs, property taxes, and condo fees? Have you discussed both your short-term and long-term real estate goals? Are you being presented with various mortgage terms and products, with clear explanations of how each option aligns with your goals and its pros and cons?

If you’re looking to enter the market in 2024 or plan for 2025, let’s connect and ensure you’re fully informed and prepared.

- Your Mortgage Advisor for life.

D.

Congratulations on closing on your new forever family home today! This is the beginning of countless wonderful memories ...
08/20/2024

Congratulations on closing on your new forever family home today! This is the beginning of countless wonderful memories for you all. I’m truly grateful for the trust you placed in me as your mortgage professional. This experience has reinforced my passion for helping families like yours find their perfect home.

Thank you again for allowing me to be part of this special journey.

Your Mortgage Advisor for Life,

- D

A cash back mortgage, when used effectively, can be a game-changer for your clients looking to enter the housing market....
08/15/2024

A cash back mortgage, when used effectively, can be a game-changer for your clients looking to enter the housing market. However, not all cash back mortgages are the same. Many of the Big 6 banks don’t offer a genuine cash back option on closing day that boosts purchasing power during the pre-approval process. Plus, if your client breaks their mortgage early, they may have to repay the entire cash back amount.

In contrast, our monoline lenders provide a cash back mortgage that is prorated, meaning if your client breaks their mortgage early, they don’t have to repay the full amount back. We offer up to 3% cash back on the total mortgage amount at closing, which can be used for closing costs or to pay off debts like student loans, car loans, or other unsecured debt. This can significantly enhance your client's purchasing power.

If you have first-time buyers struggling to get into the market with a Big 6 bank, I’d love to show you how our cash back mortgages can boost their buying power and reduce their debt. Let’s connect and help your clients achieve their dream of homeownership today!

Attention Kawarthas Residents and Realtors!We’re excited to announce a new chapter in our commitment to your community. ...
08/13/2024

Attention Kawarthas Residents and Realtors!

We’re excited to announce a new chapter in our commitment to your community. Our team is now dedicated to offering specialized financing solutions tailored specifically for the Kawartha region. Our mission? To seamlessly bridge the gap in residential financing and provide you with the support you need. Let’s work together to turn your housing dreams into reality!

We offer traditional financing options for both leased land and mobile homes, with a downpayment less than 20% . Our commitment is to deliver personalized lending solutions and exceptional service, always with your clients’ best interests in mind. Trust us to provide the expertise and support needed to make every financing experience smooth and successful.

Would you like to explore how we can enhance your business opportunities and provide exceptional value to your clients? Let’s connect and discover the difference we can make together!

Hey Facebookđź‘‹, I would like to introduce myself as our social media presence has grown exponentially. I am a licensed mo...
07/19/2022

Hey Facebookđź‘‹, I would like to introduce myself as our social media presence has grown exponentially. I am a licensed mortgage agent with Synergy mortgages and the licensed agent of " Dustin Arruda Mortgages". As a licensed agent I have closed well over 100+ deals which has given me the experience to be able to offer individualized tailored solutions for my clients and referral sources. In 2021 as a solo agent I finished in the top 15% of all DLC agents, This year i've focused on building my staff behind the scenes to help better serve both our clients and referral sources. We specialize in two Niches: Investors and First time buyers. Our goal with first time buyers is to educate them throughout the process to give them the information they need whilst purchasing their BIGGEST asset, And hopefully guide them along the way to show them how ONE investment property can change their financial picture in the future.

Working with investors is truly a passion of mine, I love being able to grow our investors portfolios beyond the traditional limit of 5-6 properties. I have spent countless amounts of hours learning products that will truly bring value to our investors, I have lenders that will go up to 10 properties residentially before having any lending fees involved for our clients.

And to our current refferal resources thank you for trusting us with your clients and friends! Our NUMBER ONE GOAL is to bring value to our referral sources businesses. We work 7 days a week from 8:30am to 9:30pm, WHY ? Because we know weekends "are the work week" in this industry and being able to provide a quick answer or mortgage approval to help you and your clients secure their dream property is key in a fast paced environment.

PSA 🔊- Everyone can provide an interest rate, But NOT every agent has the product knowledge to help YOU GROW!

We’ve been growing at a rapid pace this year, and I truly wouldn’t be able to offer the services I do, to both my client...
07/18/2022

We’ve been growing at a rapid pace this year, and I truly wouldn’t be able to offer the services I do, to both my clients and referral sources, without some amazing supporting staff around me!

Read more about him below!

I'm glad to finally introduce myself. My name is Jean-Claude or “ Stache” as Dustin calls me and I am the "Air Traffic Controller" for Dustin Arruda Mortgages. I work mostly behind the scenes, from IT, to marketing, to document collection and underwriting. I have been working with Dustin for 6 months, but we have been friends for 15 years. I came into this industry with little to no knowledge on a mortgage, and with Dustin's help and expertise, I can confidently say I am a mortgage PROFESSIONAL. I come from a sales background, I ran a marketing business for 3 years that was halted by the pandemic. I knew I wanted a career change but struggled to find somewhere I "fit in". Mortgages definitely feels like my forever career because I love running numbers, I love helping people, and I NEED to have variation in my days. In our industry, no 2 mortgages are the same, but neither are any 2 days. That's why I love coming in every day, ready to see what new challenges await! In my spare time I like to Golf, play soccer and hockey, and play video games.

When working with clients It's important to identify their WHY.. In other words, what is your client trying to accomplis...
07/18/2022

When working with clients It's important to identify their WHY.. In other words, what is your client trying to accomplish with this transaction? This helps set expectations, and gives both parties trust that we are working towards the same objective.

Thanks for trusting us with your primary residence & first duplex conversion!

- Have you owned your house for 3+ years?

Want to learn how to put your equity to work?

Let’s connect !

Address

901 Guelph Line
Burlington, ON
L7R3N8

Telephone

+12892446979

Website

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