Steve Benmergui - The Better Broker 416.540.3134

Steve Benmergui - The Better Broker 416.540.3134 We combine exceptional customer service, mortgage expertise, with a personal approach, to produce unique SOLUTIONS for our valued clients.

Steve Benmergui, Mortgage Agent
Mortgage Alliance | Lic #10530

📘🏡 I get this question a lot: can you get a 30-year mortgage in Canada?In Canada, a 30-year amortization isn’t available...
02/09/2026

📘🏡 I get this question a lot: can you get a 30-year mortgage in Canada?

In Canada, a 30-year amortization isn’t available to everyone. It’s currently limited to certain scenarios - most commonly first-time homebuyers and buyers purchasing newly built homes - and only under specific insured mortgage programs, subject to lender and insurer criteria.

When I review 30-year options, I’m looking beyond payment relief. I assess eligibility, program rules, insurance requirements, and how a longer amortization impacts total interest, future flexibility, and long-term affordability. In some cases, it can improve cash flow; in others, a different structure makes more sense.

That’s why this is never a one-size-fits-all answer.

Contact me today and let me review your options properly and structure the right amortization for your situation.

Buying your first home isn’t just about stashing away cash, it’s about leveraging smart tools from day one to make your ...
02/06/2026

Buying your first home isn’t just about stashing away cash, it’s about leveraging smart tools from day one to make your dream a reality.

As a first-time buyer, one of your most powerful allies is the First Home Savings Account (FHSA). It allows eligible buyers to save up to $40,000 toward a down payment, with tax-deductible contributions and tax-free withdrawals when used for a qualifying home purchase.

I focus on how the FHSA fits alongside other down-payment sources, eligibility requirements, contribution timing, and the overall mortgage structure - so savings decisions translate into real purchasing power.

If buying your first home is on the horizon, message or contact me today to ensure tools like the FHSA are incorporated properly into a mortgage strategy that supports both today’s purchase and tomorrow’s plans.

Approval anxiety hits hard - but it stems from the unknown.I dive into your documents upfront, spotting any credit or in...
02/04/2026

Approval anxiety hits hard - but it stems from the unknown.

I dive into your documents upfront, spotting any credit or income red flags, and fine-tuning everything to match lender criteria before submission. This proactive approach cuts down on shocks, speeds up the timeline, and turns a tense process into a confident one.

Strong approvals aren’t random. They’re built on smart prep, solid organization, and a clear grasp of lender expectations.

Heading into a purchase, refinance, or renewal? Skip the last-minute scramble. Message or call me today, and let’s lock in an stress-free plan from the get-go.

A lot of people assume refinancing only makes sense when rates are dropping. That’s not actually true.When rates hold, i...
02/02/2026

A lot of people assume refinancing only makes sense when rates are dropping. That’s not actually true.

When rates hold, it creates a more predictable environment to evaluate refinancing without rushing. That’s often when the best decisions get made: reviewing your current rate and term, understanding penalties, and seeing whether restructuring could improve cash flow or support bigger goals like renovations, debt consolidation, or long-term flexibility.

Refinancing isn’t just about chasing a lower rate. It’s about making sure your mortgage still fits your life today and where you’re headed next.

If refinancing is on your radar, now is the time to talk it through. Call or message me to review your options and see whether a refinance works in your favour.

A rate hold is good news for new buyers and here’s why.When rates hold, it gives first-time buyers a more predictable en...
01/30/2026

A rate hold is good news for new buyers and here’s why.

When rates hold, it gives first-time buyers a more predictable environment to plan in. Qualifying numbers stay consistent, affordability calculations don’t shift overnight, and decisions can be made with intention instead of urgency.

This is exactly when I step in. I help new buyers turn stable conditions into a clear mortgage plan. From understanding affordability and credit readiness, to choosing a structure that still works if the market changes later.

Thinking about your first purchase? Connect with me to build a mortgage strategy that works.

📊🏦 The Bank of Canada has confirmed a hold.The policy rate remains at 2.25%, keeping borrowing conditions steady. While ...
01/28/2026

📊🏦 The Bank of Canada has confirmed a hold.

The policy rate remains at 2.25%, keeping borrowing conditions steady. While headlines focus on the hold itself, what matters more is how this environment affects renewals, refinances, and long-term mortgage planning.

Stable markets create breathing room and the opportunity to make thoughtful decisions instead of rushed ones.

If you’re wondering how today’s rate hold fits into your mortgage, message or call me and we’ll walk through what it means for your next move.

Another Bank of Canada announcement is almost here and this is exactly why mortgage planning shouldn’t be reactive.I’m ...
01/26/2026

Another Bank of Canada announcement is almost here and this is exactly why mortgage planning shouldn’t be reactive.

I’m already reviewing how different outcomes could affect buyers, homeowners, and anyone approaching renewal. Headlines come and go, but how your mortgage is structured determines how much flexibility you actually have when the market shifts.

You don’t need to guess or wait for the news to drop - you need a plan that works no matter what’s announced.

If you want to understand how this week’s update could impact your mortgage - before or after the announcement - reach out and let’s review your options together.

One of the biggest misconceptions I hear is that having no debt automatically puts you in a better position. In reality,...
01/23/2026

One of the biggest misconceptions I hear is that having no debt automatically puts you in a better position. In reality, lenders look for a clear borrowing history to understand how credit is managed over time.

Having no active credit can actually make it harder to assess affordability and repayment behaviour, especially when applying for a mortgage. It’s not about carrying unnecessary debt - it’s about having the right credit profile in place when it matters most.

If you’re planning to buy, refinance, or even just thinking ahead, reach out to me and let’s review your credit picture together so there are no surprises when it counts.

I see a lot of people breathe a sigh of relief once they’re approved — and that makes sense. But approval is only step o...
01/21/2026

I see a lot of people breathe a sigh of relief once they’re approved — and that makes sense. But approval is only step one. What really matters long term is how the mortgage is built: the terms, restrictions, and flexibility that determine what options you’ll have later.

Two people can both be “approved” and end up with very different outcomes depending on the decisions made after that point. That’s where guidance becomes critical.

Approval is only step one. Message me today if you want help understanding what comes next.

Headline: 🛑 Thinking of a rate cut? Not just yet.The latest inflation numbers for December are in, and they’ve thrown a ...
01/19/2026

Headline: 🛑 Thinking of a rate cut? Not just yet.
The latest inflation numbers for December are in, and they’ve thrown a bit of a curveball. Headline inflation ticked up to 2.4%, largely due to the end of the temporary GST break.

What this means for you: The Bank of Canada was already leaning toward a "prolonged pause," and this news pretty much solidifies that they won't be cutting rates at their meeting next week (Jan 28).

The Silver Lining: While a cut is off the table for now, economists don't see a hike coming either. The labor market is cooling, which should help bring inflation back down later this year.

Questions about how this affects your mortgage or renewal? Drop a comment below! 🏠👇



Option 2: Short & Punchy (Best for high engagement)
Headline: Bank of Canada Rate Cut? Don't hold your breath. 📉

Inflation hit 2.4% in December, meaning the "waiting game" continues. Most experts now agree the Bank of Canada will keep rates exactly where they are during next week’s announcement.

✅ Grocery & Rent costs are still high. ✅ Gasoline prices are down. ✅ Interest rates are likely staying "on hold."

Are you waiting for a rate drop to make your next move, or are you jumping into the market now? Let’s chat! 💬



Option 3: The "What it means for your wallet" (Relatable & Friendly)
Headline: Why your mortgage rate might stay put a little longer...

We were all hoping for some news of a rate cut to kick off 2026, but the latest CPI report shows inflation rose slightly to 2.4% in December.

Why? Mostly because some tax breaks expired and grocery/rent prices are still feeling the squeeze. 🛒🏠

The experts at CIBC and other major banks expect the Bank of Canada to keep things steady next week. It's not the news we wanted, but it's better than a rate hike!

Stay tuned for the official BoC decision on January 28th! 🗓️

🇨🇦🏡 New to Canada? Homeownership is possible.One of the most common myths newcomers hear is that you need years of Canad...
01/19/2026

🇨🇦🏡 New to Canada? Homeownership is possible.

One of the most common myths newcomers hear is that you need years of Canadian credit before buying a home. That’s not always the case. A limited credit history doesn’t automatically mean there are no options — but it does mean the approach matters.

Understanding how income, credit history, savings, and overall financial stability are assessed is an important first step. With the right planning and guidance, many newcomers are able to start building a path toward homeownership sooner than they expect.

If you’re new to Canada and wondering what your options look like, message me and let’s talk through what’s possible.

Many homeowners don’t realize that a reverse mortgage can offer added financial flexibility in retirement — without requ...
01/16/2026

Many homeowners don’t realize that a reverse mortgage can offer added financial flexibility in retirement — without requiring monthly mortgage payments. Instead of selling or downsizing, this option allows homeowners to access a portion of their home equity while continuing to live in the home they know and love.

A reverse mortgage isn’t about financial hardship. It’s about using the value built into your home to support cash flow, lifestyle needs, or long-term planning — when it makes sense and is structured properly.

Because this option isn’t right for everyone, understanding how it works, who it’s for, and how it fits into a broader financial picture is essential.

If you’re exploring ways to create more flexibility in retirement, reach out to me today and let’s talk through whether a reverse mortgage could be the right fit for you.

Address

2005 Sheppard Ave. E. Suite 200
Toronto, ON
M2J5B4

Telephone

+14165403134

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