Mortgage brokers have access to many different lenders providing our clients with choice and options when it comes to a mortgage. There is no difference in the contract you sign with any lender we have access to. They contract to lend you an agreed upon amount, at a set interest rate, for a fixed term … Continue reading Where Can We Place Your Mortgage?
What is an INSURER?
There are currently three mortgage insurers in Canada. They enable mortgages to be placed where the down payment is less then 20% by insuring the mortgage in the event of default. This cost is to the borrower and the benefit is to assist the lender. The lender then has protection to lend. The insurers in … Continue reading What is an INSURER?
Why work with a Mortgage Broker?
Using a Mortgage Broker When You Buy Your Home What will a mortgage broker or agent do for you? Getting a mortgage is often the largest financial commitment Ontarians make and many homebuyers find that there are several benefits to using a mortgage broker or mortgage agent. Mortgage brokers/agents provide options and information to … Continue reading Why work with a Mortgage Broker?