Parul Sagar - Mortgage Agent, Level 1

03/03/2026

Can you switch lenders at renewal without paying a penalty?

In many cases — yes.
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Here’s why:

When your mortgage reaches its renewal date, your term has ended.
That means you’re not breaking your mortgage early.

At renewal, you can often:

• Switch lenders without a prepayment penalty
• Negotiate new terms
• Adjust your amortization
• Explore better flexibility options
• Re-structure based on your current goals

Many homeowners assume they’re locked in.
At renewal, that’s usually not the case.

The key is reviewing your options before signing the renewal letter.

If your renewal is within the next 6–12 months,
DM me “RENEWAL REVIEW” and let’s compare your options properly.

Parul – Mortgage Agent Level 1
Ontario | Lic.

02/26/2026

Quick Ontario tip 👇
Not all "money you have" is treated the same for a down payment.

✅ Down payment sources lenders usually accept:
▪️Savings in your account
▪️RRSP (Home Buyers' Plan)
▪️A gift from immediate family (with a gift letter)

⚠️ What can cause delays:
▪️Cash deposits with no paper trail
▪️Last-minute transfers without proof
▪️Borrowed funds (sometimes possible, but must be structured correctly)

If you're planning to buy, i can tell you exactly what documents you'll need before you fall in love with a home.

📩 Message me "DOWNPAYMENT" and I'll send a quick checklist.

02/24/2026

Hi everyone 👋 and welcome to my mortgage page!

I’m Parul Sagar, and I help clients in Ontario / GTA with mortgage renewals, refinances, and home purchases.

My goal is to make mortgage conversations simple, clear, and stress-free — whether you’re buying your first home, renewing, or just exploring your options.

Feel free to follow along for tips and updates, and message me anytime if you have questions 📩

01/19/2026

🏡Mortgage Tip: Closing Costs (Ontario)

Most buyers plan for the down payment... and forget the extra costs due on closing day.

Common closing costs include:
✅ Land Transfer Tax (Toronto may have an additional Toronto LTT)
✅ Lawyer fees & disbursements
✅ Home Inspection (optional but recommended)
✅ Appraisal fee (If required by the lender)
✅ Title Insurance
✅ Adjustments (property taxes, utilities, condo fees)
✅ Moving costs + home insurance setup

💡 Rule of thumb: budget 1.5%-4% of the purchase price (depends on city + property type).

Want a quick estimate for your situation?
Message me "COSTS" with your purchase price + city and i'll send you a range.

01/15/2026

Renewing your mortgage soon? Quick reminder:
Your bank's first offer isn't always the best option for your goals.

Before you renew, compare:
▪️Rate & term
▪️Penalties & flexibility
▪️Prepayment options
▪️Whether refinancing may help lower payments or help consolidate debt

Send me your renewal date and I'll tell you what to check before you sign.

01/07/2026

Fixed vs Variable -- which one is better right now?
There's no one-size-fits-all. The right choice depends on your timeline, comfort level, and monthly budget -- not just the headline rate.

Before you choose, we'll look at:
🔆 Your monthly payment comfort zone
🔆 How long you plan to keep the home
🔆 Income stability
🔆 Future plans (kids, travel, job changes)

📩 DM me "RATE HELP" and I'll suggest options that fit your situation. OAC.

01/05/2026

Home buying starts with one number: your comfortable monthly payment -- not just your approval amount.

If you want clarity before you shop, I can help you:
☑️estimate your buying budget
☑️understand monthly payments
☑️plan for closing costs

Message me anytime and i'll guide you.

01/05/2026

"Buying a home in Ontario? Start with a pre-approval."
Before you start viewing homes, a pre-approval helps you understand your budget and options.

Lenders typically look at:
☑️Income (pay stubs / T4 / NOA)
☑️Down payment source
☑️Credit history
☑️Current debts (car loan, LOC, credit cards)
☑️Employment type (salaried vs self-employed)

Want my full pre-approval document checklist?
Message me "PRE-APPROVAL" and i'll send it to you.
OAC

01/05/2026

Hello and welcome 👋 I'm Parul Sagar - licensed Mortgage Agent Level 1 (Ontario).

I help homebuyers and homeowners with:
✔️First-time purchases
✔️Mortgage renewals (review options before you renew)
✔️Refinances / debt consolidation
✔️Rates & terms explained in plain English

Want to get started?
Message me "PRE-APPROVAL" and i'll send you the pre-approval document checklist + next steps.

📍 Mississauga | Serving GTA & Ontario
Brokerage: Neighbourhood Mortgage Source (Dominion Lending Centres)
FSRA Lic #: M25002583 | OAC.

Send a message to learn more