About The Spooner Group
The Spooner Group originated in 2016 when Tracy founded the brokerage. We offer over 32 years of experience in mortgage financing, real estate and law. Our award-winning team is looking forward to assisting you with all your mortgage needs.
We offer competitive mortgage rates with many features for you to choose from. Our unbiased advice will continue long after your mortgage has funded. We look forward to building a relationship with you for years to come.
Quick & Easy Approvals
Our goal is to ensure every client gets the best mortgage for their specific financial picture. We have a quick and simple mortgage application process, and we will gladly walk you through each step and answer any question you may have.
Commonly Asked Questions
1. How much can I borrow?
Our quick and easy pre-approval is the only way we can answer that.
2. How much should I use for my down-payment?
Every situation is different, and we would love to run through some different calculations to help you decide what is best for you.
3. Should I choose a Fixed or Variable rate?
It depends on your risk tolerance. There are great options for both right now.
4. Are there any grants available to me?
Check out the MMF Grant, First Time Home Buyers Incentive, GST/HST New Housing Rebate and Canada’s Greener Homes Grant.
5. What if I want to pay extra on my mortgage?
No problem at all! You can pay up to 20% extra annually without any penalties. That means if you have the resources you can fully pay off your mortgage penalty-free in 5 years!
6. What if I move during my mortgage term?
There will always be some penalties involved when you end your mortgage term early. Let us know up-front so we can ensure your mortgage product has the lowest penalties possible attached to it.