Durham Region mortgage team

Looking for a mortgage broker in Oshawa?

Oshawa is one of the most affordable cities in the GTA, and that is drawing more buyers every year. Whether you are purchasing your first home near Ontario Tech, renewing in Taunton, or investing in a rental property downtown - we shop the full lender market to get you the best deal.

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177 five-star Google reviews

177

Google reviews

5.0

Star rating

30+

Lenders

$0

Broker fee

The Oshawa housing market

The median detached home in Oshawa is approximately $750,000 in 2026, making it one of the most affordable markets in the Greater Toronto Area. First-time buyers are particularly active here. The north end near Windfields and Kedron is growing fast with new subdivisions, while south Oshawa offers older character homes at lower price points.

Balanced (about 4 months of inventory, 24 days on market)Median $665,000 ($708,723 average)May 2026

Average $708,723 (down 2% month-over-month, 9.3% year-over-year), median $665,000 across 183 sales in May 2026. Wahi classified Oshawa a balanced market.

Detached

$793,496

Semi

$600,238

Townhouse

$683,974

Condo

$367,083

Where prices sit by neighbourhood

Kedron$1,493,000

North Oshawa's priciest area, larger newer detached near the Ontario Tech corridor

Taunton$1,102,000

Established north Oshawa family neighbourhood with larger detached above the city average

Windfields$682,000

Newer master-planned community next to Ontario Tech and Durham College, families and student-rental investors

Downtown / Central

Affordable urban core with older detached and semi stock, entry-level detached from roughly $550K-$750K

South Oshawa

Lakefront south-end neighbourhood, older bungalows and infill, affordable detached from about $600K-$850K

What keeps demand steady

  • Ontario Tech University north Oshawa campus, plus Durham College, anchoring north-end demand
  • GM and automotive manufacturing legacy and the Oshawa assembly plant
  • Oshawa GO Station on the Lakeshore East line into Toronto
  • Highway 401 and 407, with GO expansion extending toward Bowmanville

Land transfer tax: Durham Region: Ontario LTT only, no municipal LTT. First-time buyer rebate up to $4,000.

Local data sources: wowa.ca/gta/oshawa-housing-market · wahi.com/ca/en/housing-market/on/gta/durham/oshawa · zolo.ca/oshawa-real-estate/windfields · realosophy.com/oshawa-durham-region/neighbourhood-profile

We also serve nearby

Why use a mortgage broker in Oshawa?

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.

Oshawa pricing rewards buyers who move with financing already locked. On a Oshawa-sized mortgage, even a small rate gap adds up to thousands over a five-year term, which is exactly where shopping 30+ lenders pays off. A broker also negotiates the terms that bite later: prepayment privileges, portability within Durham Region, and how your penalty is calculated if you break early. Big banks often calculate fixed-rate penalties off inflated posted rates, while many monolines and credit unions use your contract rate instead.

Jeff and Emily Mudrick are licensed mortgage agents with BRX Mortgage Inc. (Lic# 13463), serving Oshawa and all of Durham Region. With 177 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 Oshawa

From Windfields to Kedron, here is what we see most often in Oshawa.

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.

1

Book a free call

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

2

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.

3

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 Oshawa

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

A mortgage broker in Oshawa costs $0. The lender pays the broker fee at closing. You receive the same or better rate than going directly to a bank. Using a broker in Oshawa is free for purchasers, homeowners renewing, and anyone refinancing.

The median detached home in Oshawa is approximately $750,000 in 2026. Townhomes range from $550,000 to $650,000, and condos start around $350,000. Oshawa is one of the most affordable cities in the GTA, which makes it popular with first-time buyers and investors alike.

Yes. For homes under $500,000, the minimum down payment is 5%. For a $750,000 Oshawa home, you need 5% on the first $500,000 ($25,000) and 10% on the remaining $250,000 ($25,000), totalling $50,000 minimum with CMHC mortgage insurance added to the loan.

Oshawa has a strong rental market driven by Ontario Tech University students and young professionals. The city has lower entry costs than most GTA cities, which improves cash flow on rental properties. Investors need a minimum 20% down payment for non-owner-occupied purchases.

Provide your income documents, employment letter, ID, and credit consent to a licensed mortgage broker. Pre-approval takes one to two business days and locks a rate for 90-120 days. It shows sellers you are a serious buyer and sets a clear budget before you start looking.

Balanced as of May 2026, with about 4 months of inventory and 24 days on market, and a median sold price of $665,000, the most affordable major Durham market.

Windfields wraps around the Ontario Tech and Durham College north campus, averaging around $682,000 in 2026, drawing families and student-rental investors. Pricier Kedron (about $1,493,000) and Taunton (about $1,102,000) sit just east.

Condo apartments are the entry point, averaging about $367,083 in May 2026, one of the lowest condo prices in the GTA. Detached averaged $793,496, semis $600,238 and townhouses $683,974.

Ready to talk?

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

Book a Call

Or email us at jeff@mudrickmortgages.com

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

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Hey! I'm Emily - happy to answer any mortgage questions. What's on your mind?