Tap your home equity in Barrie, Ontario
Mortgage Truth
Rating: 5.0(119)132 Commerce Park Dr, Barrie, ON L4N 0Z7, Barrie, Ontario, L4N 0Z7
What you can do at Mortgage Truth
Home equity lending here
Mortgage Truth offers home equity lines of credit and equity loans against your home.
Mortgages here
Mortgage Truth arranges mortgages — purchases, renewals, refinances and private options.
Other services
- Home purchase mortgages
- Private mortgages
- Bad credit mortgages
- Reverse mortgages
- Debt consolidation loans
- Self-directed RRSP mortgages
What to expect on cost
Typical APR ranges for the kinds of lending this business does.
- Mortgage
- typically 4–13% APR
Why this range
Fast approval
Built for speed — fast approvals, minimal paperwork, and funding that can land the same day (often by e-Transfer). The higher rate is the price of that speed and of lending to more credit profiles; it covers the lender's default risk. For someone who needs money now or has been turned down elsewhere, that trade-off is the whole point.
Balanced
A middle ground — reasonable approval times with rates well below fast-cash lenders. Credit unions and dealer financing sit here: they weigh your full profile, so approval isn't instant, but the cost is fairer. Expect a solid rate in exchange for a bit more documentation.
Lowest rate
Lowest rates from banks, A-lenders and mortgage brokers — priced for strong credit and full documentation. In return they may want income verification, a solid score, and a longer approval process. The model works because it lends large amounts at a thin spread to lower-risk borrowers.
These are general expectations based on typical industry practices and provincial norms — not an offer or an evaluation of this specific business. Actual rates depend on your credit, income, the amount and term, the product, and the day. Always confirm directly and read the agreement.
What we checked
We categorize each listing against a fixed rubric. Here's what qualified this business, with the evidence behind each match.
- Very strong match · 98%
Mortgages
Loan typeA mortgage broker or lender arranging home financing — purchases, renewals, refinances, HELOCs, private/B-lender, or reverse mortgages.
Browse mortgages nearby - Very strong match · 98%
Mortgage broker
Lender typeA licensed mortgage broker or agent that shops multiple lenders to arrange a mortgage for the borrower.
Browse mortgage broker nearby - Very strong match · 95%
HELOC & home equity
Loan typeA lender or broker offering borrowing against home equity — a home equity line of credit (HELOC), an equity loan, or a second mortgage.
Browse heloc & home equity nearby - Browse heloc & home equity · home equity loan nearbyVery strong match · 95%
HELOC & home equity · Home equity loan
Offers home equity loanSpecialty - Browse mortgages · purchase nearbyVery strong match · 95%
Mortgages · Purchase
Offers purchaseSpecialty - Browse mortgages · auto refinancing nearbyVery strong match · 95%
Mortgages · Auto refinancing
Offers auto refinancingSpecialty - Browse mortgages · private & b-lender nearbyVery strong match · 95%
Mortgages · Private & B-lender
Offers private & b-lenderSpecialty - Browse mortgages · reverse mortgage nearbyVery strong match · 95%
Mortgages · Reverse mortgage
Offers reverse mortgageSpecialty - Browse mortgages · renewal & switch nearbyVery strong match · 90%
Mortgages · Renewal & switch
Offers renewal & switchSpecialty - Very strong match · 85%
Private lender
Lender typeA private individual or MIC (mortgage investment corporation) that funds loans or mortgages from its own capital, often for borrowers banks decline.
Browse private lender nearby - Strong match · 80%
B-lender
Lender typeAn alternative (B) lender offering mortgages and loans to borrowers who don't meet prime bank criteria, at higher rates.
Browse b-lender nearby
Frequently asked questions
Does Mortgage Truth buy gold?
Yes. Mortgage Truth in Barrie operates as mortgage broker, private lender and B-lender, so you can sell your gold there. Call ahead to confirm the day's payout before visiting.
What gold specialties does Mortgage Truth handle?
Mortgage Truth works with home equity loan, purchase, auto refinancing, renewal & switch, private & B-lender and reverse mortgage. That's what sets it apart from other gold shops in Barrie.
Is Mortgage Truth reputable?
Mortgage Truth holds a 5.0-out-of-5 rating from 119 Google reviews, a useful gauge before you sell.
Is Mortgage Truth wheelchair accessible?
Yes — this location is listed as wheelchair accessible.
How do I contact Mortgage Truth?
Mortgage Truth is located at 132 Commerce Park Dr, Barrie, ON L4N 0Z7 and reachable at (705) 481-1688.
What are the alternatives to Mortgage Truth for home equity loan near Barrie?
The nearest comparable options that also handle home equity loan are Fairstone (1.0 km), BMO Bank of Montreal (1.3 km) and Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres (3.8 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Mortgage Truth for purchase near Barrie?
The nearest comparable options that also handle purchase are BMO Bank of Montreal (1.3 km), Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres (3.8 km) and Certified Mortgage Broker Barrie (4.6 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Mortgage Truth for auto refinancing near Barrie?
The nearest comparable options that also handle auto refinancing are Fairstone (1.0 km), BMO Bank of Montreal (1.3 km) and Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres (3.8 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Mortgage Truth for renewal & switch near Barrie?
The nearest comparable options that also handle renewal & switch are BMO Bank of Montreal (1.3 km), Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres (3.8 km) and BMO Bank of Montreal (5.2 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Mortgage Truth for private & B-lender near Barrie?
The nearest comparable options that also handle private & B-lender are Certified Mortgage Broker Barrie (4.6 km), Geri Janes (6.2 km) and Matthew Pique - Greenbrix Capital - Mortgage Alliance (7.5 km). Comparing two or three quotes close by is the best way to land a fair price.
What are the alternatives to Mortgage Truth for reverse mortgage near Barrie?
The nearest comparable options that also handle reverse mortgage are Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres (3.8 km), Certified Mortgage Broker Barrie (4.6 km) and Chartered Finance (62.3 km). Comparing two or three quotes close by is the best way to land a fair price.
Standard hours
Hours not available- Monday
- 9 a.m. – 8 p.m.
- Tuesday
- 9 a.m. – 8 p.m.
- Wednesday
- 9 a.m. – 8 p.m.
- Thursday
- 9 a.m. – 8 p.m.
- Friday
- 9 a.m. – 8 p.m.
- Saturday
- 10 a.m. – 4 p.m.
- Sunday
- Closed
Standard weekly hours, shown in the branch's local time. Holiday and special hours aren't reflected — call ahead to confirm.