Mortgage Financing. Simplified.

Let us guide you through the complex world of mortgage financing.
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The mortgage process can be intimidating. We can help you get the right mortgage when you follow my 3 step plan.

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The best place to start is to connect with Erica directly. As the mortgage process is personal, our commitment is to listen to all your needs, assess your financial situation, and provide you with a clear plan forward to secure financing.

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Sorting through all the different mortgage lenders, rates, terms, and features can be overwhelming. Let us cut through the noise, we'll outline the best mortgage products available with your needs in mind.

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When it comes time to arranging your mortgage, we have the experience to bring your financing together. Our goal is to make sure you know exactly where you stand at all times. No surprises. We've got you covered.

Mortgage Agent Level 2 Licence # M16000607

I’ve been a proud military spouse for over 25 years, balancing my husband's Air Force career with raising a family and having a career of my own. In 2016, I joined The Mortgage Advisors in Petawawa and I enjoy being a part of helping people achieve their dreams of homeownership. In 2018 I partnered with Erica Vincelli and together we are the perfect balance of skills.


Oftentimes, mortgage financing can seem confusing and overwhelming, especially as buying a home is one of the biggest financial decisions you’ll make. We embrace the challenges and would love the opportunity to guide you through all your mortgage options.


We specialize in working with First Time Home Buyers and military families. Not every mortgage is created equal, and the lowest rate isn’t always indicative of mortgage suitability. The goal is to find the mortgage product that best suits your long term needs and lowers your overall cost of borrowing.


Let us help find the best mortgage for you!

Erica Vincelli

I’m an award-winning, licensed mortgage agent, born and raised in this beautiful city of Ottawa. As a homeowner, real estate investor and landlord since the age of 21, I understand and have personally experienced many of the same struggles of obtaining a mortgage through the banks. 

When options are not properly explained, you may get trapped in a high penalty mortgage or worse, one you can’t get break free from at all. The fine print can be the most important detail and my team and I are here to provide clarity and do the hard work for you.


Having a passion for helping people, a love for numbers and real estate and the confidence to negotiate for your best mortgage, you will feel assured that you have the right people working for you. I am determined to change the way you experience and understand your mortgage and happy to share my 5-Star Reviews as they are proof of that commitment. My intention is to help you achieve your mortgage goals, whether it is to build a real estate portfolio or be mortgage free faster. I find ways to help you save money and time, and enjoy the process along the way.

When you put your trust in my team, you will be treated with respect while receiving ongoing communication and updates, all from the comforts of your home or work so that your life is not interrupted because the most important part of this process should not be getting the mortgage but rather the excitement of owning your very own home.



My name is Erica Vincelli and I am YOUR mortgage advisor.

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Some nice things clients have said about Us.

Mortgage financing for the Canadian Armed Forces

We have considerable experience arranging mortgage financing for members of the Canadian military. I'd love to work with you!
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Mortgage services to meet your needs.

Whether you're looking to purchase a property, refinance an existing mortgage, or if your mortgage is up for renewal, you've come to the right place. Select from the options below.

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The best place to start the mortgage process is to contact me directly.

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We'll be your guide through the entire mortgage process.

Articles to keep you learning.

By Lindsey Cupelli 09 Oct, 2024
If you’re new to managing personal finance and you want to learn about credit, you’ve come to the right place. Establishing new credit is a bit of a catch-22. To build a credit history, you need credit. But it’s hard to get credit without having a credit history. So, where do you start? Well, the first thing you should know is that building credit takes time. It’s not something that happens overnight. If you’re looking to secure mortgage financing, you will want to have a minimum of two trade lines (credit cards, loans, or lines of credit) with a minimum limit of $2500, reporting for at least two years. If you don’t have any credit yet, the best time to get started is right now. However, that may be difficult because, as we've already identified, without a credit history, most lenders won’t feel confident about taking a chance on you. What’s the solution? Consider a secured credit card. With a secured credit card, you make a deposit upfront that matches the amount you want to borrow. A reasonable amount would be $1000 deposited on a single secured credit card. You then use your secured credit card to make household purchases and regular utility payments, paying off the total balance each month. If you default on the money borrowed for whatever reason, the lender will retain the money you put up as collateral. When looking for a secured credit card, be sure to ask whether they report to the two nationwide credit bureaus, Equifax and TransUnion. If the credit card company doesn't report, the credit card account will be useless for your purposes; move on until you find a company that reports to both credit bureaus. Once your secured credit card begins reporting to the credit bureaus, you begin to have a credit score; usually, this takes about three months. Now you can start to seek out a second trade line in the form of an unsecured credit card. Don’t forget to ensure that this card reports to both of the credit reporting agencies. Another option at this point could be a car loan. From here, you simply want to make all your payments on time! But what happens if you’re looking to secure mortgage financing before you have a fully established credit report? Well, if you have someone who would consider co-signing, you can certainly go that route. The mortgage application will depend on their income and credit report, but your name will be on the mortgage. Hopefully, when the mortgage is up for renewal, you’ll have the established credit required to remove them from the mortgage and qualify on your own. Although establishing credit takes a minimum of two years, it really begins with putting together a plan. If you’d like to discuss anything credit or mortgage-related, please get in touch!
By Lindsey Cupelli 02 Oct, 2024
Your credit score and how you manage credit are huge factors in qualifying for a mortgage. If you want the best interest rates and mortgage products available on the market, you want a high credit score. Here are a few things you can do to improve your credit score. Make all your payments on time. Making your payments on time is so important; in fact, it might just be the most important factor in managing your credit. Here's how credit works. When you borrow money from a lender, you agree to make payments with interest on a set schedule until the debt is repaid in full. Good credit is established and maintained by making your payments on time. However, If you break the terms of that schedule by not making your payments, the lender will report the missed payments to the credit reporting agencies, and your credit score suffers. It’s that simple. The more payments you miss, the lower your score will be. If you fail to make payments for over 120 days, the lender will most likely send your debt to be recovered by a collection agency. Collections stay on your report for a long time. So the moment you realize you have missed a payment or as soon as you have the money for it, make the payment. If something prevents you from making a payment, consider contacting the lender directly to let them know what happened and work out an arrangement to make the payment as soon as possible. It's good to note that lenders only report late payments after a payment is 30 days late. If you miss a payment on a Friday and catch it the following Monday, you won't have anything to worry about - except maybe an NSF fee. Now, just because payments don't report until being 30 days late, don’t get comfortable with making late payments; the best advice is to pay your debts on time, as agreed. Stop acquiring new credit. If you already have at least two different trade lines, you shouldn’t acquire new trade lines just for the sake of it. Of course, if you need to borrow money, like to purchase a vehicle to commute to work, go ahead and apply. Just remember: having more credit available to you doesn’t really help your credit score. In fact, each time a potential lender looks at your credit report, it may lower your credit score a little bit. With that said, if you already have two different trade lines and your lender offers you an increase on your limit, take it. A credit card with a $10k limit is better for you than a credit card with a $2k limit because how much you spend compared to your credit card's limit impacts your credit score. This leads us directly into the next point. Keep a reasonable balance. The more credit you use compared to the limit you have, the less creditworthy you appear. It’s better to carry a reasonable balance (15-25% of the card’s limit) and pay it off each month than to max out your credit cards and just make the minimum payments. If you have to spend more than 25% of your card limit, try to remain under 60%. That shows good utilization. Paying down your credit cards every month and carrying a zero balance will undoubtedly improve your credit score. Check your credit report regularly. Did you know that roughly 20% of credit reports have misinformation on them? Mistakes happen all the time. Lenders misreport information, or people with the same names get merged reports. Any number of things could be inaccurate without you knowing about it. You might even have become a victim of fraud or identity theft. By checking your credit regularly, you can stay on top of everything and correct any errors promptly. Both of Canada's credit reporting agencies, Equifax and Transunion, have programs that, for a small fee, will monitor and update you on any changes made to your credit report. Handle collections immediately. When checking your credit report for accuracy, if you happen to find a collection has been registered against you, deal with it immediately. It could be a closed-out cell phone account with a small balance owing, a final utility bill that got missed, unpaid parking tickets, wage garnishments, or spousal support payments. Regardless of what it is, it will harm your credit score if it's registered on your credit report. The best plan of action is to handle any collections or delinquent accounts as soon as possible. Use your credit card. If you have acquired credit cards to build your credit score, but you rarely use them, there is a chance the lender might not report your usage, and that won’t help your credit score. You'll want to make sure that you use your credit at least once every three months. Many people find success using their credit cards for gas and groceries and paying off the outstanding balance each month. There you have it. Regardless of what your credit looks like now, you will continue to increase your credit score if you follow the points outlined above. If you're looking to buy a property and you’d like to work through your credit report in detail, let’s put together a plan to get you qualified for a mortgage. Get in touch anytime; it would be a pleasure to work with you!
By Lindsey Cupelli 30 Sep, 2024
Starting November 21, 2024, borrowers switching lenders with uninsured mortgages will no longer face the stress test, thanks to a new policy from OSFI. Previously, uninsured borrowers needed to prove they could afford their mortgage at a higher rate, which created barriers to switching for better terms. This change encourages competition among lenders and aligns the rules with insured mortgages, providing more flexibility and choice for homeowners. The decision responds to concerns raised by the Competition Bureau and reflects shifting risk management trends in the mortgage market. Key Points: Applies to Straight Switches: This policy is for borrowers switching lenders while maintaining their loan amount and amortization schedule. Stress Test Removed: No more proving affordability at higher rates during switches, allowing for easier access to competitive offers. Supports Borrower Flexibility: Homeowners now have more options to find the best mortgage rates at renewal without the stress test obstacle. Why the Change? OSFI initially maintained the stress test to manage risk but has now reversed this stance after evaluating that the original concerns have not significantly materialized. This move is designed to balance fairness for borrowers and enhance competition in the mortgage market. How It Affects You For those with uninsured mortgages approaching renewal, this policy change is a win. You'll now have the opportunity to seek out better mortgage rates without facing a stress test, making it easier to reduce financial strain, especially in a rising interest rate environment. Stay informed and take advantage of these changes by reviewing your mortgage options today!
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