Kingsway Financial

Kingsway Financial I’m a Mortgage Broker and my team helps clients with their mortgage financing by giving them expert advice & the best deal ✨
Trevi Mortgage Network #13805

I’m Lezah, your Mortgage Broker. My proven track record in the mortgage industry has resulted in trusted, loyal relationships with my clients, lenders, appraisers, lawyers and colleagues. I deliver results because I deliver on promises. There are no surprises. Total Transparency. I help my clients with their mortgage financing by giving them honest advice and the best deal. From Start to Finish.

09/03/2026

Got a laneway house or garden suite? 🏡
It might be doing more for you than you think.

Several lenders count that rental income toward your mortgage qualifying - most homeowners never ask.

DM ‘LANEWAY’ and let’s talk numbers.

08/27/2026

A strong income earned outside Canada may not automatically be accepted for mortgage qualification.

Many lenders want Canadian income history or income that has already been reported on Canadian tax returns.

Others may consider foreign income when it can be independently verified and meets their specific guidelines.

Newcomer programs can also look at factors such as Canadian employment, available assets, down payment and credit history.

The important part is confirming what the lender will use before setting your purchase budget.

08/25/2026

Some mortgage lenders are more interested in the property than your paycheque.

Equity-based lending may be an option for borrowers with strong home equity but difficult-to-document income, including retirees, self-employed business owners, or people going through a temporary employment change.

The trade-off is usually a higher rate, additional fees, and a lower maximum loan-to-value.

It is not the cheapest option, but it can be a useful short-term bridge when traditional income qualification does not fit the situation.

08/20/2026

Children cost a fortune, but occasionally they contribute.

Many mortgage lenders will consider Canada Child Benefit payments as qualifying income. The amount accepted and the age limit for the child will depend on the lender’s specific guidelines.

For some families—especially single parents or households with several children—that additional income can make a meaningful difference.

The lesson: make sure all eligible income is being considered before assuming you cannot qualify.

08/17/2026

A credit score is important, but it is only one part of a mortgage application.

Traditional lenders generally place more weight on credit history and debt repayment. Alternative and private lenders may consider the equity in the property, income, recent credit events and the borrower’s overall plan.

The trade-off can include:
• A higher interest rate
• Lender or broker fees
• A larger down payment or more equity
• A shorter mortgage term

The right option should solve the immediate problem while also creating a path back to a lower-cost lender.

08/13/2026

Being self-employed means wearing many hats: owner, salesperson, accountant, and occasionally unpaid IT support.

It also means your taxable income may not fully reflect what your business earns.

Some lenders may gross up your income, use eligible expense add-backs, review financial statements, or consider business bank deposits.

The goal is not to inflate income. It is to match your application with a lender that understands how self-employed income actually works.

Before assuming you cannot qualify, have your numbers reviewed under more than one lender’s guidelines.

08/10/2026

The lowest mortgage rate is not always the lowest-cost mortgage.

Fixed-rate mortgage penalties are generally calculated using either three months’ interest or an Interest Rate Differential. The lender’s specific formula can make a significant difference if you sell, refinance or break your mortgage before the term ends.

Before signing, ask:
• How is the IRD calculated?
• Does the lender use posted or discounted rates?
• Can the mortgage be ported?
• Can the penalty be reduced by using prepayment privileges first?

A few basis points in rate savings can disappear quickly when the penalty is five figures.

08/06/2026

A gifted down payment can make buying a home possible - but it still has to meet the lender’s documentation requirements.

A gift letter is usually required, but some lenders may also request proof that the donor has the funds, evidence of the transfer, and an explanation for any recent large deposits.

The cleanest approach is to confirm the requirements before the money moves. It can prevent unnecessary delays when your financing is being finalized.

08/04/2026

Your rental income is not treated the same way by every lender.

Some lenders use a percentage of the rent as qualifying income, while others use most or all of it to offset the property’s mortgage payment and expenses.

That calculation can make a major difference to how much you qualify for—especially when you own multiple properties.

The right mortgage strategy is not just about finding the lowest rate. It is about choosing a lender whose guidelines support your long-term investment plan.

07/30/2026

Think you have to wait 7 years after bankruptcy to get a mortgage? Think again.

Depending on your situation, some lenders may approve you as soon as the day after you’re officially discharged.

Every situation is different, but bankruptcy doesn’t always mean putting your homeownership goals on hold.

Address

109-1460 The Queensway
Toronto, ON

Telephone

+14162774882

Website

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