David Simmonds Mortgages

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David Simmonds Mortgages A CPA with over 20 years of financial experience I find mortgage options you need when you need it. I am available for one one ones at any time.

A Chartered Professional Accountant with over twenty years of industry experience in accounting, finance, tax, private equity, venture capital, entrepreneurship and more. I provide awesome personal old school service using new school tools. I can help you get the mortgage and other real estate financing you need when you need it. Talking to me and getting advice is always free. I provide you with options to choose from at no cost. Take the steps to find out what your options are.

The "Self-Employed Paradox" is costing Ontario entrepreneurs their dream properties.If you run a business in the GTA, yo...
10/14/2026

The "Self-Employed Paradox" is costing Ontario entrepreneurs their dream properties.

If you run a business in the GTA, your corporate financial strategy is likely built around maximizing legitimate tax deductions and keeping your personal net income (Line 150) low. This is excellent tax planning.

The problem? Traditional Big Six banks use a rigid "one-size-fits-all" underwriting box.

They look strictly at that low personal taxable income line, completely ignoring your business's true financial strength, corporate cash flow, and retained earnings.

They flag you as "high risk" simply because you have a smart accountant.

As a Chartered Professional Accountant (CPA) and MBA, I look at the complete balance sheet.Alternative institutional B-lenders do not use the bank's broken checklist.

They evaluate your business using gross revenue, corporate bank statements, and real-world cash flow.

This allows creditworthy entrepreneurs to secure competitive funding without ruining their corporate tax structures.

Stop letting rigid bank rules stall your wealth creation. Let's align your corporate accounting with an alternative lending strategy that actually works for business owners.

DM me or click the link in my bio to start finding solutions with me, David Simmonds.

The FSRA 2026 Audit isn't just a "check box" exercise for brokers, it’s a massive shield for Ontario borrowers.FSRA is c...
10/06/2026

The FSRA 2026 Audit isn't just a "check box" exercise for brokers, it’s a massive shield for Ontario borrowers.

FSRA is cracking down on non compliant lenders to ensure you aren't being led into a "debt trap."

If you are looking at private or alternative lending this year, the rules of engagement have changed.

Swipe through to see the 4 critical red flags you need to watch for before signing any commitment letter.

I pride myself on working exclusively with a network of fully compliant, licensed partners who prioritize your long term financial health over a quick closing.

Don’t get caught in a deal that has no way out, contact me. David Simmonds

09/29/2026

Thinking of lending your money privately in Ontario in 2026?

One single risk could completely wipe out your returns.

Defaults are rising across the province.

Fraud, declining property values, and painfully slow enforcement through Power of Sale are hurting private lenders more than ever.

Here’s how to protect yourself:

Lend only through licensed mortgage brokerages with full disclosure.
Always prioritize low Loan to Value (LTV) ratios and strong security on the property.

Smart private lenders also:

→ Diversify across multiple deals
→ Verify property insurance and tax payments
→ Plan for liquidity, because your money can get tied up longer than expected
→ Report and pay taxes on interest income correctly

Safe and profitable private lending starts with the right setup and proper due diligence.

If you’re an investor looking to lend privately in Ontario, connect with me, David Simmonds.

09/02/2026

Interest rates are staying put... but is your mortgage strategy doing the same?

With the Bank of Canada keeping its key interest rate unchanged today, the market gets a temporary breather. But don’t mistake a pause for a reason to sit idle.

This steady period is actually the prime opportunity to review your home financing, whether that means refinancing or fine-tuning your current setup to keep more of your hard-earned money over time.

Reach out today to see how we can get your mortgage working harder for you.

David Simmonds
đź“ž 519.403.5020
✉️ [email protected]
đź“Ť 19 Ridout St E, Tillsonburg, ON

A mistake in this market is expensive.Protect yourself with an ally who watches your back.Contact me, David Simmonds. ...
08/19/2026

A mistake in this market is expensive.

Protect yourself with an ally who watches your back.

Contact me, David Simmonds.

This is plausible and illustrative but depends heavily on your existing mortgage balance, property value, amortization, ...
08/13/2026

This is plausible and illustrative but depends heavily on your existing mortgage balance, property value, amortization, and exact terms.

Here's a breakdown with realistic math (using approximate 2026 figures; always run personalized numbers):

Credit card side:

$50,000 at 24% interest, minimum payments (often 2–3% of balance + interest) can easily exceed $1,000 to 1,500/month if you're only paying interest or slowly paying down. Carrying $50k long-term at 24% is extremely expensive ($12,000/year in interest alone if interest only).

Private mortgage side (example):

Add $50k to your mortgage at 12% interest-only.
Monthly interest on the added $50k: ($50,000 Ă— 0.12) / 12 = $500/month.
Total new mortgage payment increases by roughly this amount (plus any fees amortized), but you eliminate the high credit card minimums.

Net cash flow savings:

If your prior credit card payments were ~$1,100/month (common when aggressively paying down or with high minimums), switching to $500 interest only could save $600/month.

Additional benefits: One payment instead of many; potential credit score improvement from paying off cards; stops the 24% compounding.

Contact me and let's analyze your case. David Simmonds

08/05/2026

The fine print is where money is lost.

A private mortgage should be transparent from day one.

As a professional accountant, my goal is to ensure you understand every cent leaving your pocket.

Shall we talk? Leave me a message. David Simmonds

Private lending isn't one size fits all, especially in Ontario's evolving 2026 landscape of regulatory updates and marke...
07/29/2026

Private lending isn't one size fits all, especially in Ontario's evolving 2026 landscape of regulatory updates and market pressures.

Borrowers often overlook total costs or enforcement risks, while investors underestimate default scenarios or liquidity challenges.

Nuances matter: flexible terms help bridge gaps, but without proper setup, they create bigger problems.

Important considerations include AML (Anti-Money Laundering) compliance, tax efficient structuring, and suitability matching.

Real world examples show that thorough preparation, including record keeping and professional advice, leads to smoother outcomes and preserved wealth.

I bring accounting precision and mortgage expertise to help Ontarians avoid pitfalls and capitalize on opportunities.

Whether consolidating debt or investing privately, let's tailor a solution.

Start finding answers with me, David Simmonds. Message 'CONSULT' to begin.

Artemis II might have been looking for signs of life, but they found something even better: world-class financial expert...
07/22/2026

Artemis II might have been looking for signs of life, but they found something even better: world-class financial expertise!

In all seriousness, you don’t need to travel to outer space to get "out of this world" results.

When it comes to your home and investments, experience is the ultimate launchpad.

With over 20 years of expertise, David Simmonds provides the strategic insight you need to navigate the mortgage landscape with confidence.

Our Core Services:
- Mortgages: Tailored solutions for your dream home.
- Private Lending: Specialized financing when you need it most.
- Professional Guidance: Backed by the precision of an MBA, CPA, CGA.

Stop searching the stars for a sign, the expert advice you need is right here on Earth.

FSRA's 2026 supervision focus is clear: transparency is mandatory. If you’re looking at a private mortgage, don't just l...
07/16/2026

FSRA's 2026 supervision focus is clear: transparency is mandatory.

If you’re looking at a private mortgage, don't just look at the percentage interest rate.

Look at the total cost of credit. Are there renewal fees?

Is the legal cost for both sides on you?

As a CPA and MBA, I don’t just find you a loan; I audit the deal to ensure you aren't paying a penny more than necessary.

Experience the difference of a professional approach.

Ready for a transparent lending experience? Message me to start today.

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London, ON
N6B2P4

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+15194035020

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