The History of Mortgages in London, Ontario
London’s first mortgage broker was…
George Jervis Goodhue!
After migrating to Westminster Township, London in 1820, George Jervis Goodhue became the first Mortgage Broker and closed deals for the Bank of Upper Canada until the first bank branch opened in London in 1836.
In 1840, he became a Counsillor for the First London Council where his councilors named him president and the First Mayor of London.
Goodhue died in 1870 as one of London’s most important people and is memorialized by a stained glass window at St. Paul’s Church.
Why Choose A Broker Before A Bank?
With Canada’s markets changing and creating difficult economic times, the Canadian consumer is realizing that mortgage advice is better maintained with an ongoing relationship than just a transaction.
London banks have often struggled to maintain these relationships when constantly promoting staff and account managers. This is why the number one complaint that clients share about their bank is each time they go back, they need to deal with someone new. Sound familiar?
Reach out today and have a Mortgage Teacher look out for your best interest (…pun intended!) We’ve been helping Londoners with mortgage and financial advice for over 22 years. Email us today at contact@mortgageteacher.com to get started and see how our FREE service can help you today!
