Why a Mortgage Broker?
Best rates available
Mortgage brokers provide mortgages from various lenders. A mortgage broker has direct electronic access to virtually every major lender in Canada and can show you a wide range of rates and features. They study rates daily and always know where to find the most competitive ones. Plus they can negotiate with lenders to ensure you're getting the best available deal.
As specialists, mortgage brokers have a thorough understanding of all available products, features and rates. And they can explain everything to you so you know exactly what you're getting into.
Secure, established lenders
Mortgage brokers deal with the same reputable, established Canadian financial institutions you're used to. Plus, they have access to broker-only lenders who offer even more attractive rates and features.
What is a MORTGAGE BROKER?
A trained professional with a wealth of knowledge and experience to find the mortgage that best suits your needs, at the best rate available, from a large selection of lenders that include most major banks, trust companies, credit unions. A mortgage broker works for you, not for the lender. Many financial institutions pay finders fees to mortgage brokers who refer business to them making it possible for you to get the best mortgage product.
Finding the right house
is only half the battle, you also need to find the right mortgage
loan. Just as no two houses are alike, no two mortgage loans are alike either. Interest rates and repayment terms are only the beginning. We are specialized in matching homebuyers with the right mortgages. Were committed to provide the highest quality service available anywhere. Contact us
today to learn more about how we can help you buy your new home.
- APPROVALS & PRE - APPROVALS
- NO DOWNPAYMENT MORTGAGE
- UP TO 40 YEARS AMORTIZATION
- 1st, 2nd & 3rd MORTGAGES
- SELF EMPLOYED & BUSINESS FOR SELF
- REFINANCE & DEBT CONSOLIDATIONS
- BAD CREDIT & NO CREDIT (bankruptcies ok)
- NEW IMMIGRANTS & WORK VISA APPLICANTS
- INVESTMENT PROPERTIES (rentals)
A Debt Consolidation loan is a personal loan that allows you to consolidate many other debts into one.
For example, if you have three credit cards, you may be able to eliminate your credit card debt by getting a Debt Consolidation loan to pay off the credit cards, so that you only have one payment each month instead of three.
The advantages of a Debt Consolidation loan are:
1. Your Debt Consolidation loan may have a lower interest rate than
the rate you are paying on credit cards, so the loan should reduce your
interest payments and help you eliminate your credit card debt,
Improving your credit score
Improving your credit score can save you money!
Your credit score is a very important number that lenders use in order to determine whether or not to extend credit to you, and what the interest rate and terms of the credit or loan are. The lower your score, the less likely you will be approved for loans. If you are approved, you may have to pay a high interest rate. Your credit score is broken down into five categories:
Payment History 35%
Total Amounts Owed 30%
Length of Credit History 15%
New Credit 10%
Type of Credit in Use 10%
Are there terms you don't understand (terms like "Amortization" or "Conventional Mortgage" or "Variable Rate")? Maybe you heard something about Mortgages that you don't know what it means? Find a complete list of Mortgage Terms explained HERE.
Apply for a Mortgage
Fill out our online Application Forms. We will contact you to discuss your application, answer any questions you might have, and explain the next steps after your approval.
Find out how much your monthly payments will be or the maximum mortgage amount you can qualify for based on your income.
GEORGE VASILACHE, AMP
FSCO Lic. No. M08002895
Real Mortgage Associates
Fax Toll Free: 1(888)389-3565