1.)Debt Consolidation

Debt consolidation means paying all of your debts which are having high interest rates.For example credit cards , Loans and other non mortgage balances. Debt consolidation can be done by using the equity built up in your home .Equity means the difference between the value of property and mortgage balance.Benefits of debt consolidation are saving more money by paying less interest payments and will increase the cash flow.It will help you to improve your credit score after paying your debt.Factors affecting your qualification to apply for debt consolidation are you debt ratios, credit score, income and equity.For more information regarding Debt Consolidation contact us. 

ii.)For the first time home buyer buying their first home will be an exciting decision. We will guide you through each step of getting mortgage approval till closing of deal. It is very important to have a pre planning.Factors you should consider to qualify for a Mortgage are:-
– Downpayment
– Income
– Credit Score
– Employment

Downpayment Rule – As per down payment rule , we need downpayment to the house value.

iii.)Bad Credit Mortgages are applied to those who have bad credit score.There is a minimum threshold score to qualify with traditional bank.If someone has a poor credit score they have to opt for B-lender and Private lender.In case of bankruptcy or consumer proposal you can only work with private lenders.

iv.)HELOC is a secured line of credit used against the equity in your home. You can be eligible for HELOC based on your property value and mortgage balance left. HELOC gives an access to funds same as revolving funds means you pay the interest based on what you use .HELOC offers low interest rates as compared to revolving unsecured line of credit.HELOC has many advantages as it can used to pay off the debts, for home renovations, fund your child education etc.Please contact to apply and get more information.

v.) Refinancing a mortgage means trading an existing mortgage with new mortgage. Refinancing gives many benefits as one can use the equity in house which got built up with already paid monthly payments. We can shorten out term to pay off mortgage earlier , get a better rate or also opt for longer term to decrease their monthly payments. Before you apply for refinancing contact us to learn more about the right time beacause it comes with some risks and costs as well.

vi.)Renewing your Mortgage means to stay with the same lender or choosing another lender for better rate with a new term.Renewals require you to pay the balance of mortgage in full or get another new term.Renewal time gives you an opportunity to review your mortgage needs so thatyou can choose right term, lender , payment options and negotiate with interest rates.

Near to your renewal time lender will send you a mortgage renewal notice at least 21 days prior to your renewal dates. For more information regarding Renewals contact us.

vii.)The second mortgage means taking another loan on your home at second position.One can apply for second mortgage based on the home equity.One can borrow upto 80% of the appraised value of your home subtracting the mortgage balance at first position.Interest rates for the second mortgage is higher than the first mortgage but always less than banks credit cards. It means that with second mortgage you can use that money towards another investments, renovations or pay off any debts.

Second mortgage can be used as HELOC and Home Equity Loan. For more information to learn about the second mortgage option you are just one click away of getting the best mortgage solution.

viii.)You can qualify for higher mortgage amount with lowest interest rates. Why to choose a mortgage broker for self employed mortgage?
Almost 20% Canadians being self employed at least doing part time ,still it’s not easy to prove the self employed income becauseof expense, deductables they show while filing their taxes.Here’s when a mortgage broker can help you in getting self employed mortgage with best and lowest rates.We have over 60 plus lender access and we know which lender specialize in self employed mortgages.We can get you the best rates and more favourable terms that’s suitable to your situation.

If you got any questions in your mind regarding Self Employed Mortgages ,you are a click away of getting the best mortgage solution.

2.) First Time Home Buyer

For the first time home buyer buying their first home will be an exciting decision. We will guide you through each step of getting mortgage approval till closing of deal. It is very important to have a pre planning.Factors you should consider to qualify for a Mortgage are:-
–  Downpayment
–  Income
–  Credit Score
–  Employment

3.)Second Mortgage

The second mortgage means taking another loan on your home at second position.One can apply for second mortgage based on the home equity.One can borrow upto 80% of the appraised value of your home subtracting the mortgage balance at first position.Interest rates for the second mortgage is higher than the first mortgage but always less than banks credit cards. It means that with second mortgage you can use that money towards another investments, renovations or pay off any debts.

Second mortgage can be used as HELOC and Home Equity Loan. For more information to learn about the second mortgage option you are just one click away of getting the best mortgage solution.

4.) Self Employed Mortgage

The first question that comes to mind  is who qualifies under Self Employed Category?The following list explains us about professions covered under Self Employed Category.  

• 1.) Contactors like IT contractors, general contractors etc.
• 2.) Small business owners.Example salon owners, restaurant owners etc.
• 3.) Truck/taxi/uber drivers.

You can qualify for higher mortgage amount with lowest interest rates. Why to choose a mortgage broker for self employed mortgage?
Almost 20% Canadians being self employed at least doing part time ,still it’s not easy to prove the self employed income becauseof expense, deductables they show while filing their taxes.Here’s when a mortgage broker can help you in getting self employed mortgage with best and lowest rates.We have over 60 plus lender access and we know which lender specialize in self employed mortgages.We can get you the best rates and more favourable terms that’s suitable to your situation.

If you got any questions in your mind regarding Self Employed Mortgages ,you are a click away of getting the best mortgage solution

5.) Private Mortgage

It is a short term solution with more flexible terms and conditions to qualify for mortgage. If someone is not getting qualified with traditional banks, private mortgage is the best solution. Private mortgage is an interest only payments and also high rates but they are more quicker in getting approval, acceptable with less credit history or poor credit score.

As a mortgage broker we have access to private and mic lenders, which can provide best interest rates. If you got any questions regarding private mortgage, you are a click away from getting the best mortgage solutions.

6.) HELOC

HELOC is a secured line of credit used against the equity in your home. You can be eligible for HELOC based on your property value and mortgage balance left. HELOC gives an access to funds same as revolving funds means you pay the interest based on what you use .HELOC offers low interest rates as compared to revolving unsecured line of credit.HELOC has many advantages as it can used to pay off the debts, for home renovations, fund your child education etc.Please contact to apply and get more information.

7.) Renewals

Renewing your Mortgage means to stay with the same lender or choosing another lender for better rate with a new term.Renewals require you to pay the balance of mortgage in full or get another new term.Renewal time gives you an opportunity to review your mortgage needs so thatyou can choose right term, lender , payment options and negotiate with interest rates.

Near to your renewal time lender will send you a mortgage renewal notice at least 21 days prior to your renewal dates. For more information regarding Renewals contact us.

8.) Refinancing

Renewing your Mortgage means to stay with the same lender or choosing another lender for better rate with a new term.Renewals require you to pay the balance of mortgage in full or get another new term.Renewal time gives you an opportunity to review your mortgage needs so thatyou can choose right term, lender , payment options and negotiate with interest rates.

Near to your renewal time lender will send you a mortgage renewal notice at least 21 days prior to your renewal dates. For more information regarding Renewals contact us.

9.) Bad Credit

Renewing your Mortgage means to stay with the same lender or choosing another lender for better rate with a new term.Renewals require you to pay the balance of mortgage in full or get another new term.Renewal time gives you an opportunity to review your mortgage needs so thatyou can choose right term, lender , payment options and negotiate with interest rates.

Near to your renewal time lender will send you a mortgage renewal notice at least 21 days prior to your renewal dates. For more information regarding Renewals contact us.