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.
Fixed Rate Mortgage
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.
Purchase Plus Improvements 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.
Equity Buyout Mortgage
A special mortgage product that allows one spouse to buy the others interest out of the home.
A special mortgage product that is designed to help homeowners over 55 access up to 55% of the value of their home.
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.
Cash Back Mortgage
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.
Interest Only Mortgage
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.
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.