Brass Mortgages

Brass Mortgages Helping Canadians find clarity and confidence in home financing. Pre-approvals, refinancing, and mortgage solutions made simple.

06/22/2026

A $649,990 condo does not mean you only need the down payment.

For this Markham condo, the estimated numbers look closer to:

Down payment: about $65,000
Closing costs: about $10,400
Total cash needed: about $75,400

Estimated monthly housing cost: about $3,982

Comment INCOME and I’ll DM you the estimated household income needed for this scenario.

Niv | Brass Mortgages | GTA First-Time Buyer Specialist

06/19/2026

Debt is not embarrassing.

But hiding it can mess up your budget.

Car payments, credit cards, student loans, lines of credit, they all matter when a lender reviews your file.

Not because anyone is judging you.

Because your real numbers are what tell us what plan actually makes sense.



Niv | Brass Mortgages | GTA First-Time Buyer Specialist

06/18/2026

Waiting for prices or rates to drop is not wrong.

But waiting without knowing your real numbers is just guessing.

Before you try to time the perfect market, figure out what monthly payment actually feels comfortable and what purchase price works for your budget.

That gives you a real plan.

Niv | Brass Mortgages | GTA First-Time Buyer Specialist

06/12/2026

Your deposit and your down payment are connected, but they are not the same thing.

The deposit is usually needed shortly after your offer is accepted.

Your down payment is the total amount going toward the purchase on closing.

That timing matters.

Before you make an offer, make sure you know how much deposit is expected, when it is due, and where that money is coming from.

DM me START if you want help mapping out what cash you need ready before buying.



Niv | Brass Mortgages | GTA First-Time Buyer Specialist

A lot of first-time buyers think they are ready to start showings once they have the down payment saved.That is a great ...
06/09/2026

A lot of first-time buyers think they are ready to start showings once they have the down payment saved.

That is a great start, but it is not the full picture.

Before booking showings, it helps to know your full down payment, your closing cost cushion, your comfortable monthly payment, the type of property you are shopping for, and whether your documents have actually been reviewed.

The goal is not just to know the highest number you might qualify for.

The goal is to shop with numbers that still work once the actual property details are included.

Questions? DM me or visit brassmortgages.ca | Niv Bass, Mortgage Agent | FSRA | BRX Mortgage FSRA #13463

A lot of first time buyers think pre approval starts with the number.But the number is only one part of the process.Befo...
06/02/2026

A lot of first time buyers think pre approval starts with the number.

But the number is only one part of the process.

Before a lender can give a more useful picture, they usually need to review documents like recent pay stubs, a job letter, income documents, credit report, down payment history, and debt details.

This matters because your file can look different once the documents are actually reviewed.

Your income type, credit history, monthly debts, and proof of down payment can all affect what the lender says you can afford.

So before you start relying on a quick estimate, make sure the paperwork behind it has been looked at.

DM me START if you are a first time buyer and want to understand what lenders usually ask for before pre approval.

Final approval depends on lender review, documents, credit, property, and conditions.

Questions? DM me or visit brassmortgages.ca | Niv Bass, Mortgage Agent | FSRA | BRX Mortgage FSRA #13463

Address

Toronto, ON

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 11am - 4am
Sunday 11am - 4pm

Telephone

+16477857937

Website

Alerts

Be the first to know and let us send you an email when Brass Mortgages posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Brass Mortgages:

Shortcuts

Share

Category