As a Professional Mortgage Broker I show you how to get the most out of your mortgage. Whether you are purchasing, renewing or refinancing I customize the best mortgage product for your needs.
The interest and payments for this mortgage are locked in for the duration of the mortgage term. For example a 5-year fixed rate mortgage at 3.00% means your payment will stay the same for 5 years. This type of mortgage is popular among First-Time Homebuyers.
“Those who want the security of a consistent payment”
Rate Mortgage (ARM)
The interest rate for this mortgage is attached to the Prime Rate. Your payments will increase or decrease with the change in prime rate. For example a 5-year variable rate mortgage with P-0.95% means your mortgage rate is discounted by 0.95% off of the prime rate. This type of mortgage is popular among repeat buyers and rental property owners.
“Those who want to keep their options opened”
A special mortgage product that allows you to take a lump sum of cash, between 1-5%, out upon closing. Only available in a Fixed Rate Mortgage with a premium rate.
“Those who need to access cash when purchasing”
Purchase Plus Mortgage
A special mortgage product that allows you to add renovations into the mortgage. For example if the purchase price is $200,000 and the renovation costs are $21,000 the new purchase price will become $221,000. This is great for those who want to customize their new home purchase.
“Those who want to customize their new home purchase”
A special mortgage product that allows one spouse to buy the others interest out of the home.
“When one spouse purchases the others interest in the home”
A special mortgage product where you only make interest payments. With low payments this frees up cash-flow for other purposes. For example those who want to access cash for other investment opportunities.
“Those who want to free up cash flow”
A special mortgage product that is designed to help homeowners over 55 access up to 55% of the value of their home.
- You never loose the ownership of your home. At no time is the title transferred. The reverse mortgage provides financing against the home.
- The most that can be borrowed is 55% of the homes value. Homeowners keep any increase in the home’s value but is never required to make up for a decrease in value.
- No Medical check required
“Those who are retired and wish to stay in their home and supplement their income”
A short-term mortgage providing solutions for builders, those with CRA debt, credit repair, bridge financing, land purchases and more. For example when a builder needs funds to complete the build.
“Those who need a short-term solution”
When Krystal Yee finished college and entered the workforce, she set a goal much like many other graduates: find a way to save enough to buy a home.
How does it feel, like just another day? Your mortgage is down, your net worth is up, what else can we ask for?
Ok, your buying your home, you have applied for a mortgage and you have been pre-approved!