Facts
About Stonefield Mortgage
This page sets out, in one place, the verified facts about Stonefield Mortgage, a mortgage brokerage in Ontario. Items in [brackets] are not yet confirmed.
- Name
- Stonefield Mortgage
- Type of business
- Stonefield Mortgage is an Ontario mortgage brokerage. Stonefield Mortgage arranges mortgages between borrowers and lenders and does not lend its own money.
- Licence
- Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722. The Financial Services Regulatory Authority of Ontario (FSRA) licenses mortgage brokerages in Ontario and lists each one on its public register.
- Office
- 4-60 Granton Drive, Richmond Hill, ON L4B 2N6
- Phone / e-mail
- (416) 371-2077 · info@stonefieldmortgage.ca
- Service area
- Stonefield Mortgage arranges mortgages for properties in Ontario only.
- Lenders
- Stonefield Mortgage works with many lenders: banks, credit unions, trust companies, monoline lenders, private lenders. Stonefield Mortgage starts with banks, credit unions, trust companies and monoline lenders.
- Services
- Buying a home · Pre-approval · Renewal & switch · Refinancing · Self-employed · Debt consolidation · Second mortgage & HELOC · Credit-challenged · Rental & investment · Private mortgage (short-term bridge)
- Private lending
- Stonefield Mortgage refers most requests for a private mortgage to Stonefield Capital, its private-lending brand (stonefieldcapital.ca). Stonefield Mortgage also places a private mortgage itself on occasion.
- Rates
- The Stonefield Mortgage website publishes no lender's interest rates. The only rates on the website are Bank of Canada series, labelled as posted rates and not a quote. Every mortgage is subject to lender approval.
- How Stonefield Mortgage is paid
- For most bank, credit union and monoline mortgages, the lender pays Stonefield Mortgage. Any fee to the borrower is disclosed in writing before the borrower commits.