What are the opening hours?

Monday 8:30am - 5pm Tuesday 8:30am - 5pm Wednesday 8:30am - 5pm Thursday 8:30am - 5:30pm Friday 8:30am - 4:30pm

Sean Donohue - The Mortgage Professionals "Verico"

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Canada
Kingston, ON
Sean Donohue - The Mortgage Professionals "Verico"

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With FREE consultation we make it easier to get your next mortgage in one stop with professional advice from first time buyers to experienced home owners.

At The Mortgage Professionals we strive to provide exceptional customer service to our clients. The office is open Monday to Friday (9 to 5) but we are available other times by appointment to serve our customers. The Mortgage Professionals in a locally owned mortgage brokerage firm. Mortgage Broker Lic

The Mortgage Professionals Lic #10280

10/29/2026

Do you have a rental property but want to utilize that income for a mortgage? Some banks & lenders will allow rental income to be used in the calculation of how much you can borrow and what your income to debt ratio becomes on their end of crunching numbers. - Boost Your Borrowing Power: Lenders can include a portion of your rental income to calculate how much you qualify for. This is especially helpful if you’re buying a multi-unit property or a home with a legal basement suite. - Rental Income Calculation: Lenders typically consider 50–80% of your rental income, depending on the property and your financial situation. They’ll factor this amount into your debt-to-income ratio to show you can handle the mortgage payments. - Rental Occupancy: Do you live in the property you rent out? Are the renters long-term orientated or short-term stays? How many rooms are rented out or vacant? Be prepared for questions similar to these when the bank or lender ask detailed questions about the house - Documentation is super important! Here are some that are vital to have ready for your Mortgage Broker: a) A signed lease agreement (up to date, not missing signatures/dates, no hidden/missing pages, correct documentation for the province/territory b) Proof of rent payments (e.g., bank statements, cheques, deposit confirmations). c) Market rent appraisals for vacant properties. - Future Rental Potential: Even if you’re buying a property with no current tenants, lenders may still account for its rental potential based on appraisals or market data. If you’re considering an investment property or need advice on leveraging rental income for your next home, I’m here to help! Let’s chat about your options today when you book a meeting with me! Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/27/2026

When you apply for a mortgage, your lender wants to know the full picture of your financial health—and that starts with your assets and liabilities. Assets are what you own. Think: savings accounts, investments (like RRSPs or TFSAs), vehicles, and even the equity in another property. These show your financial stability and help lenders see that you have resources to fall back on. Liabilities are what you owe. This includes credit card balances, car loans, student debt, lines of credit, and any other regular payments you’re responsible for. Lenders use this info to calculate your debt-to-income ratio, which helps them decide how much you can afford to borrow. The goal? To show that you can comfortably handle your future mortgage payments without being stretched too thin. Have questions about how your current financial picture might impact your mortgage approval? Send me a message—I'm happy to help you sort it all out. Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/22/2026

Mortgage renewal coming up? How to prepare for it: Mortgage renewals don't have to be the scary monster under the bed with the right preparation and resources at your disposal. By reviewing your current mortgage statement you can see the breakdown of your mortgage payments being distributed to interest and principal payments, assess your financial situation by developing a monthly budget of income and expenses, and discuss with a Mortgage Broker the current mortgage trends that directly or indirectly affect your renewal. If you have questions about your mortgage renewal and want to be prepared for it, book a call with me today to start planning!

10/20/2026

True or False? Your down payment covers the closing costs and all other expenses when buying a home. False! While your down payment goes toward the purchase price, you’ll still need to budget for closing costs like legal fees, land transfer tax, and more services/products on top of that. It's recommended that you should have funds to cover 1.5% - 4.0% of the purchase price for your closing costs. Buying a home comes with more costs than just the down payment—let’s chat so you’re fully prepared and there are no surprises! Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/15/2026

How Long Does It Take to Get a Mortgage when purchasing in Ontario? If you're wondering how long it takes to get a mortgage, here’s a simple breakdown of the journey—whether you're just starting in the home searching or already have a dream home in your sights. Pre-Approval: This usually takes 24 to 72 hours once you’ve submitted your documents to your Mortgage Broker. You’ll need things like:- Proof of income (pay stubs, T4s or NOAs)- Bank statements- Identification- Details about any debt. Getting pre-approved gives you a clear budget, rate hold for up to 120 days, and confidence when making an offer. Full Approval (after an offer is accepted): This step can be 5 to 10 business days but sometimes more if there are complex variables. The lender needs to approve you and the property. Factors that affect the timing include: - How quickly you send in updated documents - Whether you're salaried or self-employed - If a property appraisal is required - If there are conditions on the purchase The more prepared you are, the smoother and faster things go! If you’re planning to buy or refinance soon, I can help you get a head start and make the process stress-free. Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/12/2026

Thanksgiving: "From my family to yours, this Thanksgiving, let's cherish the warmth of family, the joy of friendship, and the abundance of good food. Happy Thanksgiving everyone!".

10/08/2026

Upsizing to a bigger home isn’t just about gaining space. It’s about planning for how that space will be used and what it will cost. Larger homes often require new furniture, updated appliances, and sometimes investments in smart technology or energy-efficient upgrades to keep monthly bills manageable. Preparing for higher property taxes, increased utility costs, and added maintenance will help you settle in without financial stress. Extra rooms are a bonus, but they work best with purpose. A spare bedroom can become an office, hobby room, home gym, or a rental-ready guest suite. Thinking ahead about how each space supports your daily life can help you get the most value out of your move. Thinking of upsizing and want to understand how the new home might change your budget or mortgage needs? Book a meeting with me today and we can walk through the numbers together. Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/06/2026

Thinking about buying a fixer-upper with a mortgage? It can be a smart move, but it comes with trade-offs. A fixer-upper usually has a lower purchase price, and some lenders allow renovation funds to be added into the mortgage through specific programs. This can help you upgrade the home while spreading the cost over time. The downside is that older or damaged homes may not meet a lender’s minimum property standards, which can slow down or block approval. Renovation costs can also rise quickly, and living through repairs can stretch your budget and timeline more than expected. If you are considering a fixer-upper, the key is understanding how lenders judge the property’s condition and how much work is required. A detailed inspection and a realistic renovation plan will give you a clearer picture. Looking to explore mortgage options for homes that need some TLC? Call me today and I can help guide you on your choices! Phone: 613.384.4000 Ext. 227 Email: [email protected]

10/01/2026

Want to pay down your mortgage balance faster? Did you know there are may be different rules and regulations depending on your mortgage product and lender it is with? Let's go over some options that are common throughout the mortgage landscape: - Increase the amount on the payment (increase the amount by a minimum number for every payment moving forward) - If you renew at a lower rate, keep the payment the same as your old contract - Change the payment frequency to accelerated (pay 13 months of payments in a 12 month period) - Lump sum payments (each year pay up to a certain percentage of the original loan amount, which is applied to the principle balance, on any regular payment date) - Double up on a payment (the second payment goes directly to the principle loan amount) Take advantage of privileges that are associated with your mortgage agreement to lower the amount of interest you will pay over the length of your mortgage. Book a meeting with me today to calculate what prepayment privileges you have access to and the best way to utilize them for maximum results! Phone: 613.384.4000 Ext. 227 Email: [email protected]

09/29/2026

Looking to increase the value and comfort of your home? These 5 renovations are among the most popular in Ontario for a reason—they offer great returns and improve your living space: - Kitchen Upgrades The heart of the home! Modernizing your kitchen with new countertops, cabinets, and energy-efficient appliances can increase your home’s appeal and resale value. - Bathroom Renovations. A spa-like bathroom with updated fixtures, better lighting, and added storage is always a win. Don’t forget water-saving upgrades! - Finished Basements. Turn unused space into a family room, home office, or rental suite. A finished basement adds both functionality and value to your home. - Energy-Efficient Windows and Doors. Save on energy bills and increase your home’s curb appeal by upgrading to high-efficiency windows and doors. Bonus: It’s a great selling point for buyers!. - Curb Appeal Enhancements. First impressions matter! Landscaping, new siding, or a fresh coat of paint can make your home stand out in your neighborhood. Whether you’re renovating to enjoy your home more or prepping for a sale, these updates can make a big difference in cost down the road! Which one is on your to-do list? Share below! Phone: 613.384.4000 Ext. 227 Email: [email protected]

Address

775 Blackburn Mews West
Kingston, ON
K7P2N5

Opening Hours

Monday	8:30am - 5pm
Tuesday	8:30am - 5pm
Wednesday	8:30am - 5pm
Thursday	8:30am - 5:30pm
Friday	8:30am - 4:30pm

Website

http://www.mortgageweb.ca/seandonohue, https://sean-donohue.mtg-app.com/signup?brokerName=sean.donohue&brokerId=3c121947

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