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TMG The Mortgage Group Canada Inc.
Qualified Advice
We genuinely care about our clients and want what is best for them. We have over two decades of experience in the mortgage lending industry. This, combined with our access to a wide range of financial Institutions, ensures you are getting not only the best rate, but terms and conditions that best suits your unique financial needs as quickly as possible. Creative financial solutions are our specialty!
  • Negotiation
    Many people are uncertain or uncomfortable negotiating mortgages directly with their bank. And even if you have an existing relationship with your branch, TMG does millions of dollars of transactions yearly with a wide variety of lending institutions so we have strong lender relationships. I can use that relationship to your advantage to negotiate your mortgage to ensure you secure competitive rates and terms that benefit you.
  • Your optimal situation
    Even if you've already been pre-approved for a mortgage by your bank or another financial institution, you're not obliged to stop shopping! I can investigate on your behalf to see if there is an alternative to better suit your needs.
  • Mortgage Customization
    All mortgages are not created equally, and depending on your financial goals, I will ensure the mortgage you receive helps you with those goals. Whether borrowing to purchase, renovate, or make your mortgage interest tax deductible, I can ensure that the mortgage you have helps achieve these financial goals. There's absolutely no charge for my services on typical residential mortgage transactions. Like many other professional services, such as insurance, mortgage brokers are paid a finder's fee when we introduce dependable clients to a financial institution.
Why Should You Use My Services?

 

With over 20 years of experience, Dan Miller represents current and future homeowners across Canada; with a commitment to understanding his clients' needs and utilizing his diverse lending background, Dan is passionate about helping individuals achieve their dreams of home ownership and financial stability. 

Dan obtained his Mortgage Brokering License from UBC Saunder School of Business and began as a mortgage specialist for a local Victoria credit union in 2000. After 5 years, Dan moved to a wholesale Mortgage Company as their Senior Mortgage Underwriter specializing in helping individuals to start or re-build their credit and restructure their financial portfolio to allow them to re-enter the market. In 2010, Dan made the shift to start Mortgage Brokering, and thereafter incorporated as Miller Mortgages Ltd.

Over the past thirteen years, Dan has become an esteemed broker, highly regarded by his clients and internal lending partners. He has been awarded with the ‘Summit 5’ award for producing in the top 5% of mortgage production within The Mortgage Group (TMG) across Canada for the past 7 consecutive years. Most recently, he was selected as an Excellence Awardee Finalist in the 17th Annual Canadian Mortgage Awards for Broker of the Year (Regional – BC) and was awarded with BC ‘Broker of the Year — Units’ within The Mortgage Group (TMG).

Raised and living in Victoria B.C, Dan understands the unique niche of living in Victoria. His life-long relationships and residency, along with his ties to the community, leverage his enthusiasm and dedication to his clients. Dan believes in surrounding himself with like-minded individuals who understand the importance of customer service and satisfaction.

 

Miller Mortgages: Mortgages Made Easy
Purchases & Purchase-Plus
Need a new mortgage? I'll help you pick the right fit for you and your budget.
Renew, Refinance, Switch or Transfer
When it comes time to renew your mortgage, I'll help you review your options and make the renewal process simple and easy.
Other Services
Construction Mortgages, Home Equity Line of Credit, Mortgage Pre-Planning, Pre-Approvals, Private Mortgage Opportunities
Get started with your application now!
Types of Mortgages

A fixed mortgage offers you the security of locking in your interest rate for the term of your mortgage, so you 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. Fixed rate mortgages offer some form of pre-payment, from 10% to 25% of the original mortgage balance each year, depending on the lender. If you wish to pay off your mortgage in full, there will be a penalty of either 3 months simple interest, or an Interest Rate Differential (IRD). The benefit of this mortgage is the rate is lower than an open mortgage, making it a more popular option if you have no plans to pre-pay it in full during the term you select.

A variable-rate mortgage allows you to take advantage of today's low Prime Rate. Most variable rate products are set below prime, terms range from 1 to 5 years. Payments vary depending on the product or lender you choose. In some cases you can fix your payments for up to 5 years, but the interest rate will fluctuate as the Bank Prime Rate changes. In other cases your monthly payments will fluctuate depending on how many times the Prime Rate changes during your term.

An open mortgage allows you the flexibility to pay off some or the entire mortgage at any time, without penalty. Interest rates are usually higher and are tied to the Bank's Prime Rate.

A secured line-of-credit allows you to access the equity in your home whenever you choose. Rates are tied to prime, usually slightly above prime. Required payment on the balance is interest only, making it a good choice where cash flow may be important. Lower interest rates compared to an unsecured line of credit. You may have a secured line of credit and a mortgage, if you have good equity in your home.

The Rates, Today
Because I work with a wide variety of lenders I can access competitive, lower-than-advertised interest rates. Check back often to see how these rates compare to average bank rates.
How Much Can You Afford?
Use this mortgage calculator to help you figure things out
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My Mortgage Blog — Latest Posts
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The Canadian housing market saw a modest increase in home sales in June, according to the latest report from the Canadian Real Estate Association (CREA). Home sales in Canada rose by 3.7% in June...
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Canada's labour market fell short of expectations in June, leading to an increase in the unemployment rate to 6.4%. Despite this weak report, most economists believe the Bank of Canada will not...
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The Canadian economy continued to see a net rise in new jobs created last month, however all of the gains consisted of part-time positions. Statistics Canada reported today that the...
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What does today’s Bank of Canada rate cut mean for borrowers?
What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...
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Get in touch with me today for your free consultation!

Whether you're looking for a first mortgage, refinancing your current home, or just researching your options, I'm here to help.