Mortgage Services

Buying a house is a complicated process as is, let alone buying a house for the first time. Speaking to a mortgage agent not only helps you form a better understanding of the paperwork and requirements involved in buying a home—you will also be able to access competitive mortgage rates, incentives, and rebate programs that will make your home buying experience much smoother.

Getting a mortgage pre-approval is helpful to those looking to buy a new home. Having your mortgage approved before investing in property will help you save time and effort because your search for a house will be limited to a set price range. You can also find a mortgage pre-approval with no negative impact on your credit score by discussing your options with a certified professional.

Qualifying for a mortgage is one of the most stressful steps for homeowners. For example, a bad credit score or being unemployed is enough to make most financial institutions turn down your mortgage application. Luckily, however, there are plenty of solutions to improve your odds of qualifying for a homeowner loan. All you have to do is speak to the right mortgage agent.

The financing options available to recent immigrants in Canada rely on their residency status, credit history, and down payment. It’s challenging for anyone to understand the jargon of applying for a mortgage, and even more so if you’re new to the country. Therefore, seeking out an expert mortgage agent, in this case, can help ease the process for you and make purchasing your first home in Canada much simpler.

Investing in a vacation home is one of the biggest trends in today’s real estate market. Owning a recreational property is a great way for Canadians to escape the hustle and bustle of the city and have a fantastic getaway destination. But that’s not all. Vacation homes can also be converted into vacation rentals that greatly add to a family’s monthly income. As a result, vacation homes have become a popular alternative for those looking to grow their real estate assets.

If your current home is beginning to feel smaller, less in line with your lifestyle or outdated, uprooting your life and moving is not always the best solution—especially if your house is strategically located in the city. Homeowners can access funds, lines of credit, and equity takeouts to renovate their home and turn it into a perfect sanctuary. Whether it’s a home addition, upgrading a kitchen, or adding a pool to the backyard, you can make use of your current mortgage financing to renovate your home.

Is your mortgage term almost up? If yes, you have good odds of making the most of your loan by renewing or switching your mortgage plan. Know that when it’s time to renew your mortgage, lenders will be competing to make business with you by offering the most cost-effective options—considering you have a good payment history. The ball is in your field and you have the chance to renew your home mortgage at the rate that best suits your needs.

So you’ve found the house of your dreams, but you have one major concern: your credit score. Bad credit can gravely affect your chances of securing a good mortgage loan and is often a great source of stress for many prospective homeowners. However, a mortgage agent has access to non-traditional lenders who are willing to extend financing options to individuals with some credit challenges. A thorough assessment of your situation is the first step to getting a mortgage rate tailored to your needs.

When it comes to mortgages, the less taxable income you have, the more difficult it can be to qualify for a homeowner loan—and this is something many self-employed Canadians and small business owners worry about when purchasing a house. Nonetheless, institutions and private lenders take this into account and will not require you to declare an exact number of your net income to make the mortgage process easier for you. A reasonable estimate of your annual income will suffice, thus qualifying you for a mortgage loan.