Leo Maiorino Mortgages

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Ottawa, ON
Leo Maiorino Mortgages

I am very fortunate to be able to bring over 25 years of financial services experience to my role as a Mortgage Agent with Mortgage Brokers Ottawa.

Mortgage Agent Level 2
Mortgage Brokers Ottawa (License #11759)
My process is carefully executed to deliver on my promise of a no surprise home closing mortgage exp During my 20 year career with RBC Financial Group, I held a number of positions including Branch Manager, Regional Sales Manager for a mortgage salesforce and finally as Vice President and Director for RBC Investments. I had National l

eadership responsibility for a Trust and Investment Advisory team and the Insurance Division of RBC DS Financial Services Inc. Giving back to the community is a very important part of my life. I am a Past President and current Board Member of the Stittsville Rotary Club. I am married to Lynda and have 2 children, Jessica and Leo Jr. Fishing and playing guitar are my true passions outside of the workplace. I look forward to utilizing my experience and leadership skills in partnering with you for an outstanding mortgage experience. Attention to detail and service excellence is the cornerstone to my success.

09/02/2026

The Bank of Canada held its rate steady again — that's seven holds in a row now. 📊 Given everything happening with U.S. tariffs and rising inflation (which just hit 3% in July), it's worth thinking about what this means for your mortgage.

If you're on a variable rate, your payments aren't changing anytime soon. But with potential rate hikes possibly coming in 2027, now is actually a great time to talk through whether locking in makes sense for your situation.

If you've got a renewal coming up or you're actively looking to buy in Ottawa, let's chat and build a mortgage strategy that actually fits where things are headed. This isn't the time to set it and forget it! 🏡

Are you currently on a variable or fixed rate? Drop it in the comments — I'd love to help!

Leo Maiorino, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

08/26/2026

Thinking about buying your first home in Ottawa? There is more to it than just finding a listing you love — and I want to make sure you are set up for success before you start. 🏡

A few things I always make sure my first-time buyers know: the Home Buyers' Plan now lets you withdraw up to $60,000 from your RRSP tax-free, the FHSA gives you tax-deductible contributions and tax-free withdrawals, and as a first-time buyer with an insured mortgage, you can now amortize over 30 years to lower your monthly payments.

Oh — and even if you have owned before, you might still qualify as a first-time buyer under CRA rules. Worth a conversation!

What is the one thing about buying your first home that feels most overwhelming right now? Drop it in the comments — I would love to help. 👇

Leo Maiorino, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

08/19/2026

One of the most common questions I'm hearing from clients right now as renewal season heats up: "Should I go fixed or variable?"

Honestly, there's no single right answer — it really depends on your situation. Variable rates have come down significantly over the past year, and the spread between the best five-year variable and five-year fixed is noticeable. But fixed still offers that peace of mind and predictability.

What I always remind clients: don't just auto-renew with your bank. Most lenders are counting on you to do exactly that — without shopping around.

If your mortgage is renewing in the next six months, let's have a quick conversation. It could make a real difference in what you're paying.

Drop a comment or send me a message — happy to chat!

Leo Maiorino, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

08/12/2026

Big news for Ottawa home buyers that I think is flying under the radar right now. 🏡

Back in March, the Ontario government announced a rebate of the full HST amount on new homes up to $1 million — up to $130,000 back in your pocket. What makes this different? It's not just for first-time buyers. If you're purchasing a new build as your primary residence or a rental property, you could qualify. The agreement of purchase and sale just needs to be signed between April 1, 2026 and March 31, 2027.

The details really matter here, and there are still some pieces waiting on federal legislation to be fully locked in. Before you sign anything, let's make sure you have the right information for your specific situation.

Have you been thinking about buying a new build in Ottawa? Drop a comment below or send me a DM — I'd love to help! 👇

Leo Maiorino, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

08/05/2026

Let's clear up a mortgage myth that's costing Ottawa homeowners real money at renewal. 💬

Since November 2024, you no longer have to pass the stress test just to switch lenders at renewal — as long as you're doing a straight switch (same amount, same amortization). That means you can actually shop around for a better deal without being penalized.

With about 60% of Canadian mortgages resetting before end of 2026 and payment increases still on the horizon, the last thing you want is to stay with your current lender out of habit when you have real options.

If your renewal is coming up, let's talk before you sign anything. Have you already started shopping around, or did you assume you were locked in?

Leo Maiorino, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

07/29/2026

If your mortgage is coming up for renewal this year, you're in good company — about 60% of Canadian mortgages are expected to renew in 2025 or 2026. For a lot of homeowners, that means higher payments than what they were used to, which can be a real shock to the budget.

Here's what many people don't realize: since November 2024, if you have an uninsured mortgage, you no longer need to pass the stress test just to switch lenders at renewal. That's a big deal. Shopping around is now easier than ever, and it could save you a significant amount over your next term.

I'm here to help you figure out your options before renewal sneaks up on you. Have you started thinking about your next renewal yet? Drop a comment or send me a message — let's put together a plan that works for you.

07/23/2026

Mortgage renewal season is here — and if your renewal is coming up, now is the time to start planning.

About 60% of Canadian mortgages are renewing in 2025 or 2026, and many homeowners on a 5-year fixed rate could see their monthly payment jump by 15 to 20%. That's a real number that deserves a real conversation.

Here's something worth knowing: since November 2024, you no longer have to pass the stress test just to switch lenders at renewal. That means more options are available to you than ever before.

Before your lender sends that auto-renewal letter, let's talk. I help Ottawa homeowners compare what's actually out there and find a solution that fits their life.

Are you renewing in the next 6 to 12 months? Drop a comment or send me a message — happy to help. 👇

07/22/2026

Thinking about buying a condo in Ottawa as your first home? It's one of the most common entry points into homeownership in this city — but condos come with mortgage qualification rules that a lot of first-time buyers don't expect. 🏙️

Here's the big one: condo fees count against you when a lender calculates how much mortgage you qualify for. That means a unit with high monthly fees can meaningfully reduce your buying power, even if the purchase price looks affordable.

And beyond the mortgage math, there's the status certificate — a document that tells you the real financial health of the condo corporation. An underfunded reserve fund or a pending special assessment can turn a great-looking deal into a costly surprise.

On the down payment side, programs like the First Home Savings Account (FHSA) are worth exploring if you haven't already — they can make a real difference in getting to your target number faster.

I help first-time buyers in Ottawa understand all of this before they make an offer, not after. 🗝️ Reach out to me today — let's get you ready.

07/17/2026

Big thanks to Ken for the kind words after finishing up his mortgage financing.

Glad we could help make the process smooth and clear. Your feedback means a lot.

07/15/2026

Your home is likely your biggest financial asset — but a lot of Ottawa homeowners aren't sure how to access the equity they've built without making costly mistakes. 🏡

A mid-summer refinance can be a smart move if you're planning fall renovations, looking to consolidate higher-interest debt, or want to free up capital before the back-to-school and back-to-business season kicks in.

But there are real rules to understand. The OSFI mortgage stress test still applies when you refinance with a federally regulated lender, meaning you'll need to qualify at a rate above your actual contract rate. Your income, existing debts, and current property value all play a role in what's available to you.

The good news? Ottawa property values have given many homeowners more equity than they realize — and July is a genuinely great time to start the conversation before fall demand picks up.

I work with multiple lenders to find refinancing solutions that fit your goals, not just your lender's product shelf. 📊

Address

1701. Woodward Drive, Suite 300
Ottawa, ON
K2C0R4

Telephone

+16133716975

Website

http://www.bestmortgageinottawa.com/

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