The mortgage process is quick and easy. After receiving your application with will give me a snap shot of your financial picture I will obtain a pre approval for you. The pre approval will be based on your income and debt servicability. I will let you know the maximum purchase price that you are approved for, this will be based on the current interest rate and this will be held for 120 days. During this time you can go shopping.
We work with more than 40 lenders to give you the best rate on your mortgage. These lenders include the top banks like TD and Scotiabank. Did you know that most banks have a posted rate and a discounted rate? The posted rate is what they will give to people who come into the branch and ask for a mortgage. The discounted rate is what the offer to the mortgage broker and we extend to you. We also work with mortgage lenders who do not have a branch presence and extend lower rates to us than the banks discounted rates.
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If you are first-time buyer with only 5% down, CMHC or Genworth has you covered. You are able to purchase a property with 5% down payment and CMHC or Genworth will insure your mortgage. Click here for more information on first-time home buyers plans. Read More...
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