Southwestern Ontario mortgage team

Looking for a mortgage broker in London, Ontario?

London is one of Ontario largest cities and one of the most active housing markets outside the GTA. Whether you are a first-time buyer near Western University, a family renewing in Byron, or refinancing in Old South - Jeff and Emily shop 30+ lenders in one application so you never wonder if you got the best deal.

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164 five-star Google reviews

164

Google reviews

5.0

Star rating

30+

Lenders

Broker fee

The London housing market

The median detached home in London is approximately $600,000 in 2026, making it one of the most affordable mid-size cities in Ontario. London draws a mix of university students, healthcare professionals (anchored by London Health Sciences Centre), and families looking for space and affordability. Old North, Wortley Village, and Byron are popular established neighbourhoods, while new subdivisions expand the city north and west.

We also serve nearby

Kitchener CambridgeSt. ThomasWoodstockStratford

Why use a mortgage broker in London?

A mortgage broker is a licensed professional who shops multiple lenders on your behalf. Instead of going to one bank and accepting their offer, a broker compares rates and terms from 30+ lenders in a single application. The lender pays the broker, so there is no cost to you.

In London, where property values and mortgage amounts are significant, even a small rate difference translates to thousands of dollars in savings over a 5-year term. A broker also negotiates terms like prepayment privileges, portability, and penalty structures that matter when your life changes.

Jeff and Emily Mudrick are licensed mortgage agents with BRX Mortgage Inc. (Lic# 13463), serving London and all of Southwestern Ontario. With 164 five-star Google reviews and access to every major lender in Canada, they handle everything from first-time purchases to complex refinances and investment properties.

What we help with in London

Every situation is different. Here is what we see most often.

Buying a Home

First-time or experienced buyer, we walk you through the stress test, down payment options, CMHC insurance, and closing costs. Then we find the rate and lender that fits your situation.

Mortgage Renewal

Your bank sends a renewal letter and hopes you sign it without shopping around. You can switch lenders at renewal with zero penalty. We compare the full market so you know exactly what you are leaving on the table.

Refinancing

Pulling equity for renovations, consolidating debt, or restructuring your mortgage to save money. We calculate the penalty, compare the options, and make sure the numbers actually work before you commit.

Investment Properties

Rental properties have different qualification rules, down payment requirements, and rate options. We know which lenders are investor-friendly and how to structure applications to maximize your buying power.

Healthcare Professionals

Physicians, dentists, residents, and nurses have unique financial situations. Student debt, income that jumps between career stages, and offer letters instead of T4s. We work with lenders who understand all of it.

Self-Employed

Business owners, freelancers, and commission earners face tighter scrutiny from traditional lenders. We know which lenders accept business financials, stated income, or alternative documentation to get you approved.

How it works

Three steps. No paperwork surprises.

Book a free call

Tell us about your situation - buying, renewing, refinancing, or just exploring your options in London. We will ask the right questions and give you a clear picture of what is possible. No commitment, no pressure.

We shop 30+ lenders

We compare rates, terms, and qualification criteria across the entire market. We handle all the applications, paperwork, and lender communication. You get a clear recommendation with the numbers behind it.

You close with confidence

We walk you through every document before you sign. No surprises at the lawyer. Jeff and Emily send personalized video walkthroughs for every milestone, and stay available by phone or email throughout the process and beyond.

Mortgage questions in London

If your question is not here, book a call - we answer everything.

A mortgage broker in London costs $0. The lender pays the broker when your mortgage closes. You receive the same or better rate than going to a bank directly. There is no fee or cost for using a licensed mortgage broker in London or anywhere in Ontario.

The median detached home in London is approximately $600,000 in 2026. Townhomes range from $400,000 to $500,000, and condos start around $300,000. London is one of the most affordable mid-size cities in Ontario, offering strong value for first-time buyers, families, and investors.

Yes. Banks only offer their own products. A broker compares 30+ lenders in one application and finds the best rate and terms for your situation. London buyers frequently save thousands over a 5-year term by using a broker instead of accepting their bank first offer.

No. On a $600,000 London home, the minimum down payment is $35,000 (5% on the first $500,000 and 10% on the remaining $100,000) with CMHC insurance. London is one of the few Ontario cities where first-time buyers can enter the market with a relatively modest down payment.

London offers strong affordability, two major post-secondary institutions (Western University and Fanshawe College), a large healthcare sector, and a diverse economy. The city has seen steady price appreciation and continues to attract buyers from the GTA seeking more home for less money.

Ready to talk?

Book a free call with Jeff or Emily. No commitment, no sales pitch - just honest answers about your London mortgage.

Book a Call

Or email us at jeff@mudrickmortgages.com

Mortgage broker in nearby cities

Kitchener Cambridge

Jeff and Emily Mudrick are licensed mortgage agents with BRX Mortgage, Lic#13463.