Mortgage Blog
How Ontario’s Bill 17 Makes Summer the Best Time to Secure Your Burlington Mortgage
July 11, 2025 | Posted by: Matt Shepherd
Ontario’s Protect Ontario by Building Faster and Smarter Act (Bill 17) received Royal Assent in early June 2025, triggering faster housing approvals and breaking ground on new development projects across the province—including in Burlington. As your trusted mortgage broker in Burlington, ON, Jason Woods – TLC Mortgage Group breaks down what this means for your mortgage plans this summer.
What Is Bill 17 and Why It Matters
Bill 17 streamlines the entire development process:
- Deferred development charges: Builders pay fees at occupancy, reducing upfront costs (Ontario Government, 2025).
- Standardized planning approvals: Provincial oversight boosts clarity and consistency (Ontario Legislature, 2025).
- Expanded zoning authority: Transit-linked housing gets fast-tracked approvals, benefiting communities near transit hubs (Ontario Government, 2025).
These updates are expected to speed up construction and increase housing supply, especially for mid-rise condos and townhomes—ideal for first-time buyers, investors, and homeowners seeking refinancing opportunities.
What Burlington Homebuyers Should Know
As an experienced mortgage lender deeply rooted in Burlington’s real estate market, Jason Woods highlights benefits such as:
- More predictable timelines: Homebuyers can plan around construction schedules with greater confidence.
- Better mortgage alignment: Faster closings mean improved timing for rate locks and financing terms.
- Opportunity for equity: Mid-summer buyers may access new supply before peak fall demand.
This summer, lock in a mortgage with confidence and clarity—both essential in Burlington’s fast-moving market.
Smart Mortgage Tactics for Burlington Buyers
Summer Pre‑Approval Is Essential
With faster openings ahead, having a pre‑approved mortgage positions you to act swiftly when new listings hit.
Coordinate Closing Dates Effectively
Bridge financing options can cover gaps between closing and occupancy—avoiding rushed or costly decisions.
Compare Multiple Lenders
Our access to multiple mortgage products ensures you get competitive offers aligned with local opportunities.
Why Jason Woods – TLC Mortgage Group Is Your Local Advantage
Jason Woods – TLC Mortgage Group | Lic. 12988 offers Burlington clients:
- Local market expertise: In-depth knowledge of new developments and lender criteria.
- Personalized service: Customized mortgage strategies tailored to your financial goals.
- Regulated professionalism: Fully compliant with provincial licensing and ethical standards.
✅ Is Now a Good Time to Act?
Yes—Bill 17’s effects are unfolding quickly, and Burlington buyers and refinancers stand to benefit from faster housing turns, increased choice, and smarter mortgage timing. As your local mortgage broker in Burlington, ON, Jason Woods is ready with summer-specific strategies to match you with the right financing at the right time.
Take the Next Step
Need expert guidance on how Bill 17 affects your mortgage options in Burlington? Schedule a free consultation today by visiting our Google Business Profile and securing your summer advantage.
TLC Mortgage Group | Lic. 12988
