Mortgage Sense Inc. · independent brokerage · FSRA Licence #10603 Monday to Friday, 8:30 to 4:30 (705) 727-0030 Client portal
Mortgage Sense Incorporated
Sailboats and cruisers moored at the Barrie marina on Kempenfelt Bay in evening light

A mortgage thatmakes sense.

An independent brokerage in downtown Barrie. We compare lenders for you and explain every number in plain language.

Apply online Call (705) 727-0030

Why a broker, not the bank?

A bank can only offer you its own mortgages. A broker works for you, takes your file to the lenders that suit it, and tells you plainly which offer is best.

2011
Owner-run since Steph Quenneville bought the brokerage.
15 min
To apply online, with a reply within one business day.
Barrie
Downtown on Bradford Street.
  1. 01

    We look at the whole deal, not just the rate.

    Income, down payment, credit, the property and your plans for it. A low rate with the wrong terms can cost you more.

  2. 02

    Usually faster.

    We can submit your application before the banks even open, so our turnaround is generally much quicker.

  3. 03

    Room for the unusual.

    Self-employed, a past credit problem, a rental or a complicated purchase. Brokers have more resources and flexibility to close mortgages most banks can't.

  4. 04

    Rates that hold up.

    Brokers place a high volume of mortgages, which gives us access to rates that tend to beat what a single bank offers.

  5. 05

    No corporate influence.

    We work with multiple lenders, so the mortgage we arrange is the one that makes the most sense for you, not the one a bank needs to sell.

Wherever you are with your home.

Buying your first place, moving up, renewing or putting your equity to work: the job is the same. Find the mortgage that fits your life, then make the paperwork easy.

01

Buying a home

Get pre-approved before you start looking, so you know your budget and can move when the right house comes up.

Mortgages for buying a home

Good to know

  • Minimum down payment is 5% on the first $500,000.
  • Budget for land transfer tax and legal fees at closing.
02

Your first home

First-time buyers can save tax-free for a down payment, borrow from their RRSP, and get land transfer tax back.

First-time home buyer programs

Good to know

  • An FHSA holds up to $40,000, tax-free.
  • Up to $4,000 of Ontario land transfer tax comes back.
03

Renewing

Don't sign your renewal before you've seen your options. It's the one time you can move your mortgage without a penalty.

Mortgage renewal

Good to know

  • Banks must send your renewal offer at least 21 days ahead.
  • A straight switch no longer means a new stress test.
04

Refinancing

Lower your payments, fund a renovation, or roll higher-interest debt into one payment.

Refinancing your mortgage

Good to know

  • You can usually borrow up to 80% of your home's value.
  • We work out the penalty before you commit.

What would my payments be?

Try a price and a down payment. The math follows Canadian rules: interest compounds twice a year, and CMHC insurance applies below 20% down. How the calculator works.

$
$ %

Minimum on this price: $40,000

% Use a rate you've been quoted, or ask us for today's.
Amortization
Payments

Monthly payment

$0.00

Mortgage before insurance
$0
CMHC insurance
$0
Total mortgage
$0
Interest over a 5-year term
$0
Still owing after 5 years
$0
Paid off in
25 years
$0
TodayYear 5Year 25
What you owe over time. The green band is a typical 5-year term, when you'd renew.

Estimates only, not an offer of credit. Your actual rate, insurance and payment depend on the lender and your approval. Insurance premiums are CMHC's published rates; 30-year insured mortgages are for first-time buyers and new builds.

Get real numbers: apply online

Who you'll work with.

A principal broker who has owned the brokerage since 2011, and licensed agents who know Barrie, several of them property investors themselves.

Meet the team

What clients say.

Amazing! I've worked with Steph and his team over a number of years and they are incredibly experienced and knowledgeable in finding the right mortgage specifically for your needs, including homeowners and investors. I would not hesitate to recommend them to anyone. First class service!

Huw Evans, Google review
Read every review on Google Leave a review

  • Steph and Lauren made the approval and home buying process easy and stress-free. They explained everything clearly, guided us throughout, and helped us secure a great mortgage rate. Highly recommended.

    Nicole McNickle, Google review

  • I was looking for some creativity this time and Tracie took the time to show me how I could use my equity to my advantage with the flexibility that I want, without drowning me in penalties... and all at a better rate than I've ever had!

    Peter Smith, Google review

  • My experience with Mortgage Sense was extremely positive. The service was excellent and the mortgage rate was great. Tracie and Mortgage Sense were diligent and went out of their way for me.

    Brian Beemer, Google review

Giving back in Barrie.

Community, knowledge and trust are the three things we stand for. Here's what the first one looks like in practice.

Our work in the community

Every fall we present the Christmas Cheer Charity Golf Tournament, raising money for Barrie & District Christmas Cheer and the local families it helps at Christmas.

In 2024, Steph received a Community Volunteer Award from John Brassard, MP for Barrie-Innisfil, for his volunteering with Christmas Cheer and the Busby Centre.

Each fall our office is a drop-off point for the Fill A Purse For A Sister campaign.

Two ways to get started.

Either way, you'll deal with a licensed agent here in Barrie, not a call centre.

Apply online

Our secure online application takes about 15 minutes. One of our agents reviews it and gets back to you within one business day to talk through your goals.

Start the application

Meet in person

Prefer to sit down and talk it through? Call to book a time at the office on Bradford Street, or send us a note.

Contact the office
  1. You applyOnline in about 15 minutes, or at the office.
  2. We call youAn agent reviews your application and reaches out within one business day.
  3. You get a planWe talk through your goals, lay out the options, then go to the lenders that fit.

What to have ready when you apply. Already working with an agent? Go to the client portal.

Visit the office.

The Mortgage Sense office, a brick house with a glass sunroom and the Mortgage Sense sign out front, at 11 Bradford Street in Barrie
Our office at 11 Bradford Street, a short walk from the bay.
Address
11 Bradford St.
Barrie, Ontario L4N 3A6
Hours
Monday to Friday
8:30 to 4:30
Fax
(705) 730-7759
Licence
FSRA #10603
Get directions Send us a note
Call Apply online