Mike Cara Mortgage Broker is a trusted financial advisor located in the heart of Peterborough, specializing in helping clients navigate the complexities of securing a home loan. With a reputation for personalized service and expertise in the latest mortgage products, they offer tailored solutions to meet individual needs. Whether you're a first-time homebuyer, looking to refinance, or investing in property, their team is dedicated to finding the most competitive rates and terms. Committed to making the mortgage process smooth and stress-free, Mike Cara Mortgage Broker stands as a partner in achieving your homeownership dreams.
Google Review
4 stars
It was a pleasure dealing with Mike. He was upfront about what my present options are while giving me feedback on what future options to consider. He was very thorough in explaining every detail. He was able to provide us with a solution as he promised. I highly recommend his services. If you want honesty and results call Mike!
-Rizwan Sabri - Posted Aug 17, 2023
Google Review
4 stars
Mike is the best broker I’ve ever had the pleasure to work with. He works tirelessly to help you attain the best mortgage rates and terms possible. Recently he helped me secure a rate about half as high as my previous lender’s, saving me tens of thousands of dollars annually. Mike is highly responsive, supportive, and very patient in explaining your options in the real estate market. His determination and thoroughness gave me peace of mind, despite the precarious market we all have witnessed over the past year. Thank you Mike for everything - I know who to call first, the next time around:)
-Rosanne Trudel - Posted Jul 12, 2023
Google Review
4 stars
After several high profile brokers didn't even have the time or courtesy to returns multiple calls, we took a chance on a local broker and Mike didn't disappoint. Very helpful, professional, informative and friendly. Thanks for getting the job done in a less than ideal situation for us Mike!
-Gerry McKee - Posted Jun 23, 2023
Google Review
4 stars
It was an absolute pleasure working with Mike. He was very knowledgeable and took the time to explain the process in detail. He ensured I received the absolute best rate possible. I highly recommend his services when looking for a mortgage. 10/10
-Chris Topping - Posted Jun 01, 2023
Google Review
4 stars
Mike was very straight to the point since the beginning. He was also pro active since day 1. He was providing guidance and advice on where to go and what to do in different case scenario. Although my situation was very complicated as I was struggling financially due to the increase of interest rates, we end up finding a way out that fits my current situation. I didn’t know searching for a mortgage could offer different avenues for you to explore and at the end of the day , pick the one that suits you better.
I have come a long way. Mike is not just a mortgage broker , he is also a financial adviser who follows up with you even after you close the deal. He won’t let you down and move to the next client. That’s an add-on due to the specificity of the current market. Thanks again Mike.
Tenin Steven
-Steven Steven - Posted May 04, 2023
Google Review
5 stars
Can I give Mike Cara a 10-star review? Is that possible?? 😁😁

We were so fortunate to have worked with Mike for our mortgage renewal, and the first time using a broker. He was excellent from beginning to end, explaining the process of working with a broker, working diligently to find the best possible solution to our mortgage.

We had a very unique renewal situation, with respect to income and employment, and even when we thought all was lost with one lender Mike was astute enough to do some more research and find a lender who was able to work with us.

We genuinely felt like he cared about getting us the best possible mortgage that would make our financial situation as sustainable as possible so that we would be well set up for the next mortgage.

We recommend Mike very highly and know that he will work to help everyone to the best of his ability. We will definitely be calling him when it's time to renew again!!
- Maureen Brand - Jul 04, 2024
Google Review
5 stars
Mike was great explaining everything and helped me out so much and got me threw a stressful time.
Thanks Mike
- Jeremy Ward - Mar 26, 2024
Google Review
5 stars
We were looking to refinance, and so we googled to look for a local broker. We found Mike Cara and his positive reviews, so we gave him a call. Mike responded immediately, and he worked right to end to ensure we had what we needed. Even after a small hiccup, he stayed positive and got the job done. We were very pleased with his services which were professional, personal and informative. We highly recommend Mike for all your broker needs! Thank you Mike! We truly appreciate everything you did to get us the right lender and rates! Ken Girard and Trish Schneider
- Kenneth Girard - Mar 16, 2024
BBB Review
5 stars
Mike **** has got to be the best Peterborough mortgage broker. I was turned down by my bank and they referred me to Mike. Not only did he get me a better rate, but he got me the mortgage at the same bank that turned me down. I recommend him to anyone needing a mortgage.
- Max B - Feb 12, 2024
Google Review
5 stars
Mike was instrumental in refinancing a couple of rental properties for us. Our situation was unique and after several frustrating and unsuccessful attempts at refinancing with various banks, we reached out to Mike. Shortly after reviewing our voluminous file, he assured us he knew how to make it work, and he executed. He secured great interest rates and terms for us, with the same bank that had turned us down previously at their branch. I would encourage anyone looking to purchase a new home or refinance a property they already own to contact Mike Cara and let him do the heavy lifting when it comes to finding the best mortgage for you.
- Andre Metivier - Feb 09, 2024

Frequently Asked Questions

FAQ's from customer experiences

How does Mike Cara Mortgage Broker assist with unique or complicated mortgage situations?
Mike Cara reviews each client's specific financial and employment details to find lenders willing to work with unique situations, often researching beyond initial options to secure suitable mortgage solutions.
What can I expect regarding communication and support during the mortgage process?
Clients report that Mike Cara is responsive, proactive, and thorough, providing clear explanations and ongoing guidance throughout the mortgage process, including follow-up after closing.
Can Mike Cara help if I have been turned down by my bank or other brokers?
Yes, Mike Cara has experience securing mortgages even when clients have been declined by banks or other brokers, often finding alternative lenders or negotiating terms to meet client needs.



Mike Cara Mortgage Broker | 4-398 McDonnel Street, Peterborough ON , Canada