Business Details
36 Years
experience
Your Trusted Mortgage Broker in Waterloo, Ontario
At KW Mortgage Group, we pride ourselves on delivering independent, expert advice tailored to your unique financial needs. With access to a wide network of lenders, we specialize in securing competitive mortgage rates and terms that align perfectly with your goals. Our services are designed to simplify the mortgage process, offering one-stop shopping to save you time and effort. As a client-focused brokerage, we prioritize transparency, ensuring there are no hidden fees or charges for typical residential transactions. Our team leverages strong lender relationships to negotiate on your behalf, whether you're purchasing a home, refinancing, or renewing your mortgage.We believe in mortgage customization, ensuring each solution supports your financial aspirations, from tax deductions to home renovations. Operating as part of TMG The Mortgage Group Inc., an award-winning national brokerage, we combine local expertise with coast-to-coast resources to provide exceptional service. Our commitment to excellence has earned us the trust of clients across southern Ontario, including Kitchener, Waterloo, Cambridge, and Toronto. With decades of combined experience, we are dedicated to making your home financing journey seamless and stress-free.
Services
Fixed Rate Mortgage
Variable Rate Mortgage
Open Mortgage
Line of Credit
Second Mortgage
Reverse Mortgage
Private Mortgage
Commercial Mortgage
Rental Mortgage
Refinance Mortgage
Details
- Year established: 1990
Highlights and features
- We offer independent expert advice with no ties to specific lenders.
- We negotiate competitive rates and terms on your behalf.
- Our services are free for typical residential mortgage transactions.
- We provide access to a wide variety of lenders and mortgage products.
- We offer personalized mortgage customization to meet financial goals.
What people say
Extremely personal and detailed
Went above and beyond expectations
Second to none post-sale service
Prompt communication and expertise
Trusted advisor for home financing
Services
Fixed Rate Mortgage
A fixed-rate mortgage locks in your interest rate for the term, providing payment certainty. Terms range from 6 months to 10 years, with prepayment options of 1025% annually. Ideal for clients seeking predictable payments without exposure to rate fluctuations, though full prepayment incurs penalties like 3 months interest or an Interest Rate Differential.
Variable Rate Mortgage
Variable-rate mortgages adjust with the Bank Prime Rate, offering lower initial rates. Payments may fluctuate or remain fixed for up to 5 years. Suitable for clients comfortable with rate variability, allowing them to benefit from declining rates while managing cash flow with predictable payment structures.
Home Equity Line of Credit
A secured line of credit tied to home equity, with rates slightly above prime. Requires interest-only payments, making it ideal for clients needing flexible cash flow. Often used for renovations, debt consolidation, or investments, combining accessibility with competitive rates compared to unsecured options.
Reverse Mortgage
Designed for seniors, this mortgage converts home equity into tax-free cash without requiring monthly payments. Clients retain ownership and can receive lump sums or regular payments, ensuring financial flexibility while remaining in their homes. No repayment is due until the property is sold.
Commercial Mortgage
Tailored financing for commercial property purchases or refinancing, subject to lender-specific criteria. Supports business owners seeking to invest in zoned properties, with terms and rates adjusted for commercial risk profiles and income-generating potential.
People
Steve Futyer
Mortgage Broker
Steve Futyer is a seasoned mortgage broker with decades of experience in residential and commercial financing. As part of TMG The Mortgage Group Inc., he leverages a vast lender network to secure competitive rates, specializing in personalized solutions for first-time buyers, refinancing, and investment properties.
Questions
What types of mortgages do you offer?
We offer fixed-rate, variable-rate, open, closed, HELOC, reverse, private, commercial, and refinance mortgages tailored to your needs.
Are your services free?
Yes, typical residential mortgage services are free, as we receive compensation from lenders upon successful transactions.
Can you help with mortgage renewals?
Yes, we simplify renewal processes, ensuring competitive rates and terms without unexpected cost changes.
Do you serve areas outside Waterloo?
We serve clients across southern Ontario, including Kitchener, Cambridge, Toronto, and surrounding regions.
How do you negotiate better rates?
Our strong lender relationships and volume of transactions allow us to secure competitive rates and terms on your behalf.
Can self-employed individuals qualify?
Yes, we specialize in alternative documentation and income verification for self-employed clients seeking mortgage approval.
