Fast Approvals in 24–48 HoursLicensed Mortgage BrokerCall Now: (416) 669-2144Available 7 Days a Week15+ Years ExperienceFree ConsultationFast Approvals in 24–48 HoursLicensed Mortgage BrokerCall Now: (416) 669-2144Available 7 Days a Week15+ Years ExperienceFree Consultation
Southwestern Ontario

Mortgage Broker in London

London is Southwestern Ontario's largest city, anchored by Western University and growing health-tech sectors. Whether you're buying your first home, renewing a mortgage that's coming due, refinancing to free up equity, or looking at investment properties — having a licensed local broker who actually knows Southwestern Ontario matters.

Population

425K

Avg Home

$635K

Region

Southwestern

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London Mortgage Market

The London mortgage landscape

The average home price in London hovers around $635K, but that number hides huge variation between neighbourhoods like Old North, Old South, Byron, Masonville, Lambeth. London's affordability and student-rental opportunities make it a popular investor market. Owner-occupied first-time buyers benefit from strong purchasing power here.

As a Mississauga-based mortgage broker licensed across Ontario, Jay Klair has helped hundreds of London families navigate exactly these situations. With access to over 50 lender relationships — including all major banks, credit unions, mono-line lenders, and specialty alternative and private lenders — the right mortgage for your London property is rarely the first one you'd find on your own.

London's affordability and student-rental opportunities make it a popular investor market. Owner-occupied first-time buyers benefit from strong purchasing power here.

Local tips for London borrowers

  • Student-rental properties near Western University are best financed as residential, not commercial.
  • London CMHC limits give first-time buyers real choice — 5% down on homes up to $500K.
  • Hyde Park and Lambeth new construction are the most active end-user markets in 2026.
London FAQ

Frequently asked questions

Straight answers to the most common London mortgage questions we hear.

In London, where the average home is around $635K, you'll need at least 5% on the first $500,000 of the price and 10% on the portion above (up to $1.5M). Homes above $1.5M are uninsured and require 20% down. Jay structures the down payment to maximize your buying power.

Ready to talk about your London mortgage?

A 15-minute conversation is enough to know your real options. No fees, no pressure, no obligation — just a clear plan from a licensed Ontario mortgage broker who knows London.