My best mortgage broker moment: pt. 1
Have you ever wondered if you wouldn’t be able to qualify for a mortgage, or that it would be so difficult it’s not even worth trying? You’re not alone. Many people ask themselves the same questions – either because they’re self-employed, have had financial difficulties in the past, or are just unfamiliar with the mortgage…
Your mortgage rate is too high? Focusing on the rate alone can cost you more
In Ottawa, when the Bank of Canada announces a change in its prime-lending rate, it’s always big news. The Mortgage Rate is Always News The media seeks out analysis from economists and banking and business experts. Inevitably, talk turns to how it will affect the housing, real estate and mortgage markets. So understandably, clients focus…
You can’t beat the mortgage broker
One of the biggest misconceptions clients have is the difference between mortgage brokers and banks. Or rather, the lack thereof. Many just don’t know the difference. All they’re wondering is how to get a mortgage. That’s understandable because frankly, when it comes to getting a mortgage in Canada, the banks would rather you didn’t know…
Choice is good: Why would you limit your options?
“I’ve been banking with (fill-in-the-big-6-bank-name) for over 10/20/30 years!” So why choose a mortgage broker Ottawa? Here’s why! Mortgage Brokers give you choice I hear this all the time. You’re loyal to your bank. Maybe your first savings account was opened at this bank. The first dollar you ever earned was deposited in this bank.…
When you Remortgage Your Home
Remortgage for a Refreshing Solution When life throws you lemons use your home equity to make lemonade! Your home equity can provide much needed financial support when it matters most, and a refinance mortgage can be the perfect solution to a touch situation. Life’s Full of Surprises There are all sorts of challenges that you can’t…
Mortgage Transfers Make Sense
You have more choices than you think Need help with getting a mortgage but know you need a new financial partner? A mortgage transfer from another financial institution is easy and there are many reasons why you might want to do this. Among them are: Better service A better interest rate, and Greater repayment flexibility. Mortgage Transfers…
Think you’re out of options? If You’re Self Employed, a Mortgage is Still Possible
Can I Get a Mortgage? Self employed mortgage? You’re thinking there’s no way. You’re thinking, with your credit rating, nobody’s going to approve you for a mortgage. Or you’re self-employed and don’t know where to start when trying to prove your income. If the bank you’ve been a client with for years won’t approve you,…
Understanding the Credit Bureau
If you are looking for a mortgage Ottawa residents would do well to understand the Credit Bureau. A credit bureau is a company that collects information from various sources and provides consumer credit information on individual consumers for a variety of uses. What You Need to Know to Get Your Mortgage Ottawa It is an…
It’s Time to Renew
Don’t Fall For the Trap A renewal is like a fresh start, so don’t get caught by the banks! When a term is coming to a close, most Canadian banks will send a mortgage renewal notice in the mail a few months before the term is up. At this time the banks tend to take…
Debt Consolidation
Want to decrease your monthly payments and increase your monthly cash flow? Debt consolidation using your home equity can be a smart way of achieving both. With a refinance mortgage, you can make a strong, positive difference on your family’s financial situation. Debt Consolidation Can: Help increase your credit score Offer simplicity of one payment…