Chelsea Ciglar Mortgage Agent

02/13/2026

Most homeowners don’t realize this.

If you break your mortgage early, the penalty is not a rough estimate. It is calculated using a formula that often works in the bank’s favor.

There are two methods:

• 3 months interest

• Interest Rate Differential

The bank applies whichever is higher.

The part that surprises people is that the IRD method compares your rate to posted rates you never actually received. That is where the penalty jumps.

Before you refinance, sell, or renew early, it is worth seeing the real number for yourself instead of accepting the bank’s quote.

Check out any mortgage penalty calculator online.

03/02/2024

Sold in 5 days by my girl… the talented 👏🏼👏🏼👏🏼 crushed it!! Beautifully staged by the wonderful 🙌🏼🙌🏼🙌🏼

03/02/2024

CMHC discontinued the first time home buyer incentive. “The program wasn’t useful since it didn’t help buyers put together a minimum down payment, and the restrictions meant some borrowers qualified for smaller amounts than they otherwise would.” 🏡💰

07/21/2023

🏠🎉 Exciting News! 🎉🏠

Happy closing day to my incredible client!👏🏼🙌🏼
In this ever-changing market, it's no secret that securing a new home and a great mortgage rate can be quite the challenge.

Not only did they find their perfect home, but I also managed to lock in an amazing mortgage rate of 4.59% 🔒📉

I’m honoured to have been part of this process, supporting and guiding my client every step of the way. It's moments like these that make my job so rewarding!

Cheers to new beginnings, lasting memories, and the joy of homeownership! 🥂🏠 Here's to many happy years ahead in your new abode! 🎊🏡

05/17/2023

Supporting my Canadian🇨🇦Croatian🇭🇷 culture and folklore group this upcoming weekend!

As a Mortgage Agent with Ontario Lending Solutions, Chelsea Ciglar is able to offer her clients the most competitive home financing products and rates. Chelsea is not only a Mortgage Agent but a Specialist in her industry with previous working experience at one of the 5 major Canadian banks.

04/20/2023

Big win for DeSantis Homes at the Awards of Excellence🏆

It’s been a pleasure approving their clients💰

01/21/2023

Peter Routledge, head of OSFI, outlines new potential restrictions on mortgage borrowing, including limits on mortgage size and debt loads. “What we’re doing today is to ensure that residential mortgage credit underwriting quality remains high,” he says.

04/13/2022

"Make moves now," says one expert. 🔑

03/31/2022

Today is one of those days☀️ But for real, I got my clients approved today - it wasn’t easy but I saved them a ton of money and got them a super low rate💰WIN!

03/02/2022

🏦🇨🇦 increased the key interest rate by .5%

The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %.

01/26/2022

Bank of Canada holding prime rate despite surging inflation!

The Bank of Canada has decided not to raise its benchmark interest rate just yet.

12/10/2021

It’s closing day!! Congratulations to the new home owners - moving from Winnipeg! Thank you for trusting me and welcome to Hamilton!🔑💰🏠