Your Halifax Mortgage Broker, Alex Lavender
Quickly get approved for your mortgage from the comfort of your own home. We search through multiple lenders to ensure you get the best interest rate for your mortgage.
GET STARTED WITH YOUR MORTGAGE
All credit scores accepted
Min $200,000 house purchase
Refinance up to 80% of house value
Current Mortgage Rates in Nova Scotia & Halifax
5 Year
Fixed
4.14%
3 Year
Fixed
4.24%
5 Year
Fixed Special
4.39%
5 Year
Variable
4.19%
5 Year
Variable Special
3.95%
*Rates are updated every week. Rates may vary, and be subject to additional qualify criteria to obtain top rates.
Alex Lavender
Meet Your Local Mortgage Broker
Alex Lavender is an Accredited Mortgage Professional (AMP) and the author of “Mortgages For Millennials” and provides mortgage broker services in Halifax.
He takes pride in helping Nova Scotians purchase their first homes, refinance their current homes, or obtain a loan when no other options are available.
Alex listens to your situation and uses the necessary information to provide you with a variety of options from different lenders, including the big banks.
He is recognized as one of Halifax’s top-rated independent mortgage brokers, boasting 160+ five-star reviews and a 4.9-star rating. Known for his clarity and flexibility, he takes the stress out of the mortgage process by putting his clients’ needs ahead of the lenders’.
Mortgage Types For Nova Scotians
Fixed Mortgage
A fixed mortgage provides you the security of locking in an interest rate for the term of your loan. You will know exactly how much principal and interest you will be paying on the mortgage during the term.
Terms range from 6 months to 10 years, and most offer additional payments to pay down the principle.
Variable Mortgage
A variable rate mortgage allows you to take advantage of the current low interest rates. Most variable loans are below prime and can range from 1 – 5 years.
However the interest rate will fluctuate as the bank of Canada’s prime rate changes.
Open Mortgage
An open term mortgage allows you the flexibility to pay off a portion or the full principle amount at any time. Interest rates are usually higher for open mortgages and are tied to the bank’s prime rate.
There are no penalties for paying off the full outstanding amount with this type.
Download Your Free Copy Of Mortgages For Millennials
Best selling author, and mortgage broker; Alex Lavender wrote Mortgages For Millennials for 1 simple reason. To help Millennials understand everything about getting a mortgage in Canada. Now Alex is giving his book away for free!
It’s the quick and dirty way for you to learn everything there is, without the hassle of spending hours going down the wrong rabbit holes online.
Download NowWhat You SHould Know
Commonly Asked Questions
Can I use a Halifax mortgage broker if I have bad credit?
Yes. Unlike traditional big banks that immediately turn away lower credit scores, working with an independent mortgage broker in Halifax gives you access to alternative and private lenders. Alex specializes in helping Nova Scotians rebuild their credit while securing a path to homeownership.
How do Halifax mortgage brokers get paid?
In almost all standard residential cases, a mortgage broker’s services are entirely free to the homebuyer. Brokers are compensated directly by the lender after your mortgage closes. You get expert local advice, multiple rate options, and zero out-of-pocket fees.
What extra closing costs should I budget for in Nova Scotia?
Beyond your down payment, you need to account for municipal Deed Transfer Taxes (which is 1.5% in Halifax and Dartmouth), legal fees, and home inspections. It is safe to budget an extra 2% to 3% of the purchase price to cover cash-to-close expenses.
Our services
Mortgage Options We Provide
As an independent Halifax mortgage broker, Alex helps you navigate all paths to homeownership. Whether you need to break your current term to consolidate high-interest debt, protect your budget with a pre-approval, or look at a personalized Halifax mortgage refinance plan, we find the right option for your goals.
Why Use A Mortgage Broker?
Alex Lavender grew up in a small town of 700 people. He has first hand experience witnessing the positive power of what community can do for individuals. Alex brings that small-town sense of community to Halifax and Dartmouth.
Helping thousands of Nova Scotians buy their first house, refinance, get pre-approvals, and compare rates. Using a broker allows you to compare and contrast rates from a variety of lenders. Get the best rate today! Start with 1 easy application.
Join the Nova Scotians Who Rated Alex 4.9/5 Stars
Start Your ApplicationPros & Cons Of Using A Broker
Mortgages are a major financial decision and it should not be taken lightly. While searching for the lowest rates may save you thousands of dollars, it’s important that you understand what you’re getting into. That’s why talking to a mortgage expert is a great place to start. Here are some of the pros and cons to help you understand the impact:
Pros
- Easy to use, brokers are a one stop shop.
- Free! We’re paid by lenders, not you.
- Better rates, we have access to some of the lowest rates.
- Expert advice, we live and breath mortgages and even wrote a book about it!
- Independent and friendly advice. We want you to get the best rate possible for your situation.
Cons
- Unfamiliar working with someone you just met.
- No access to some lenders. While there are a variety of options we do not provide all the options out there.
- More documents may be needed.
Mortgages Explained – Latest Posts
Alex Lavender helps Nova Scotians get the best mortgages for your dream home. Whether you need a self employed mortgage or are looking to do construction with a mortgage plus improvements program, Alex can help. Or if you’re just looking for more information on mortgages checkout these blog posts for helpful tips. Alex is one of Halifax and Dartmouth’s top rated mortgage brokers. Known for his kindness and flexibility he provides you with all the info you need to get the best rates!
Guide to Deed Transfer Tax Nova Scotia: Avoid This Closing Cost Surprise
When you are purchasing a home in Nova Scotia, there …
Secure Mortgage Approval During a Probationary Period
How to Secure a Newcomer Mortgage in Canada: An Expert Guide
Your Guide to Nova Scotia’s Down Payment Assistance Program (DPAP)
Navigating the Mortgage Process While on Maternity Leave in Canada
Mortgage Renewal vs Refinance Guide
