Burton Financial Group

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Canada
London, ON
Burton Financial Group

A One-Stop Shop for all your Financial Services needs. Mortgage Agent Lic. #10428

Life/Home/Auto Insurance, Investments, Mortgage Services, Tax Preparation both for individuals and corporations/self employed individuals.

10/30/2026

Some mortgage myths just refuse to stay buried. ⚰️

You need a 20% down payment. The lowest rate is always the best choice. Your bank is your only option.

Three common mortgage misconceptions that deserve a final resting place.

In reality, eligible buyers may qualify with less than 20% down, the lowest rate doesn’t always mean the best mortgage, and your bank isn’t your only option. We can explore products from multiple lenders, each with different rates, terms and qualifying criteria.

Before making your next mortgage move, connect with your Mortgage Broker to separate fact from fiction and explore options that fit your needs.

10/28/2026

The Bank of Canada has officially changed course.

Following seven consecutive holds, the policy rate has increased by 25 basis points to 2.50%.

If a home purchase, mortgage renewal or refinancing is on your radar, now is a good time to revisit your numbers and see how today’s rate environment fits into your plans.

Wondering what this rate hike means for your mortgage? Connect with your Mortgage Broker for guidance tailored to your plans.

10/22/2026

The scariest mortgage stories? The ones that aren’t even true.

Some mortgage myths have been haunting Canadian homebuyers for years. Let’s put three of the biggest ones to rest.

👻 Myth #1: You need a 20% down payment to buy a home.
Not necessarily! Eligible buyers can purchase a home with as little as 5% down, depending on the purchase price. A down payment below 20% typically requires mortgage loan insurance.

👻 Myth #2: You need perfect credit to qualify for a mortgage.
Your credit history matters, but a less-than-perfect score doesn’t automatically mean homeownership is out of reach. Different lenders have different qualification criteria.

👻 Myth #3: Getting pre-approved means your mortgage is guaranteed.
Not quite! A pre-approval gives you an idea of how much you may qualify to borrow, but final approval still depends on your finances, the property and the lender’s requirements.

The truth? Mortgage misinformation can be scarier than the mortgage process itself.

Have a mortgage question that’s been haunting you? Connect with your Mortgage Broker and get the facts before letting a myth make the decision for you.

10/20/2026

Bought a home with mortgage default insurance? That insurance could still have value when you’re ready to move again.

In Canada, mortgage default insurance portability may allow eligible homeowners to transfer their existing coverage to a new property, potentially reducing or eliminating the insurance premium payable on their next home purchase.

Depending on the insurer, timing and eligibility requirements, a premium credit may also be available.

Planning your next move? Connect with your Mortgage Broker to find out whether your existing mortgage insurance could help you save on your next purchase.

10/15/2026

Considering a co-signer for your first home? You’re not alone.

According to CMHC’s 2026 Mortgage Consumer Survey, 28% of first-time homebuyers reported having a co-signer.

While a co-signer may help you qualify for a mortgage, it’s a significant financial commitment for everyone involved. Understanding how co-signing works, the responsibilities it carries, and the potential risks is an important part of making an informed decision.

We’re here to walk you through the details, answer your questions, and help you understand what co-signing could mean for both you and your co-signer.

Considering a co-signer for your first home? Connect with your Mortgage Broker to understand your options and what everyone involved should know before making that commitment.

10/13/2026

Did you know your mortgage might already have a feature that could help you pay it off faster and save on interest?

Many Canadian mortgages offer prepayment privileges, allowing homeowners to increase their regular payments or make lump-sum payments without penalties, within their mortgage agreement’s limits.

But not all mortgages offer the same flexibility, and knowing what’s available to you could make a difference in your long-term mortgage strategy.

Connect with your Mortgage Broker to find out what your mortgage allows and how you could make the most of it.

10/08/2026

Friends don’t let friends make big mortgage decisions on autopilot.

That renewal offer may be easy to sign, but your needs, finances and available mortgage options may look very different from when your current term started.

We can take a look at the offer, compare what else may be available and help you decide whether renewing, negotiating or switching makes the most sense.

Renewal coming up? Be a good friend to your future self. Connect with your Mortgage Broker before you sign.

10/06/2026

Getting mortgage-ready means making sure the key pieces are in place before you start seriously shopping for a home.

We can help you review your credit and identify areas that may need attention, explain the down payment requirements that could apply to your purchase, help you gather the income and financial documents lenders may ask for, and make sure important details don’t get missed.

We also help you understand what lenders may be looking at, what you may qualify for, and how to strengthen your overall application before you start making serious offers.

Planning to buy? Connect with your Mortgage Broker and let us help you get mortgage-ready from the start.

10/01/2026

The mortgage rate gets a lot of attention, but it’s only one part of the mortgage decision.

Term length, amortization, prepayment privileges, portability, payment flexibility, penalties and other product features can all affect how a mortgage works over time. Two mortgages with similar rates can still offer very different levels of flexibility and different costs depending on how the mortgage is structured.

That’s why the better questions are “What does this mortgage let me do, what could it cost me to change it, and how well does it fit my plans?”

Connect with your Mortgage Broker and look beyond the rate to compare the details that can make the biggest difference over the life of your mortgage.

09/29/2026

A great home deserves more than a mortgage that simply checks the boxes.

The right mortgage can come down to more than rate alone. Term length, payment structure, prepayment privileges, portability and lender options can all affect how well that mortgage works for the homeowner over time.

That’s why we take the time to understand the bigger picture, compare the details and help find financing that fits both the home and the plans behind it.

Ready to look beyond the default? Connect with your Mortgage Broker today to get started.

Address

339 Wellington Road Suite 240
London, ON
N6C5Z9

Website

http://burtonmortgages.ca/

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