How can you be sure you’re making sound financial decisions that are right for you? With today’s rapidly changing economic climate, navigating through financial products becomes a daunting and confusing task. When it comes to shopping for a mortgage and getting the best rate, banks don’t make it easy.
Banks are trying to sell you their mortgage products, they certainly won’t tell you if there is a better deal down the street. Although some banks are better than others, they can’t offer unbiased advice or options.
Under these limited circumstances, how can you know if you’re getting the best deal? Are there other products and options that can save you money? Is there a mortgage that can be tailored to your particular needs and individual situation? Are the banks really working in your best interest or their own??
At The Mortgage Centre, we are here to expose the naked truth about mortgages so you know exactly what your options are and what is available to you. You never have to wonder if you’re getting the best deal because we show you all your options without any vested interest in pushing a specific product that may not be right for you. We’re mortgage brokers offering free, one-stop shopping to most of Canada’s banks and financial institutions. We provide unbiased advice in a friendly and relaxed atmosphere. We take care of all the paperwork for you. We always make sure you get the best deal.
The truth is banks offer one rate. Mortgage Brokers expose ALL the best rates the first time!
Your bank is only going to offer you their rates and products. How do you know if that’s the best deal? To find out, you have to go shopping for a mortgage on your own and you’re left to negotiate one bank against another trying to get them down to the lowest rate. Each bank is only going to lower the rate as much as they need to in order to secure your business. Mortgage brokers expose you to the entire mortgage market and offer you the lowest rates with all the lenders. In fact, you don’t need to negotiate with a mortgage broker. The rates we offer are the lowest discounted rates with all the lenders, so no hassles and no fuss.
The truth is the lowest rate isn’t the best rate. The fine print may show it costs more in the long run.
You get what you pay for and the same is true for mortgages. If you want the lowest rate you may have to give up features like pre-payment privileges and the penalties to pay the mortgage off early are much higher than with a standard mortgage. These “no-frills” mortgages are great for the right situation. In order to determine if the lowest rate is best for you, be sure and read the fine print. At The Mortgage Centre, we provide un-biased advice on which mortgage is best for you.
The truth is banks make it tough for self-employed people. Mortgage brokers make it easy!
If you are self-employed and you were to visit the five major banks today to apply for a mortgage, chances are you would be faced with a barrage of questions, endless documentation requirements, and if you don’t show enough income on paper, it would be difficult to get a mortgage. At The Mortgage Centre we make it easy for self-employed applicants to qualify for a mortgage. We’re self-employed too so we understand the challenges small and large businesses face. If you want the best deal, hassle free, then contact us today – we’ll make it easy!
The truth is you can still buy a home with no down payment!
It used to be that you could finance a home up to 100% of the value of the property. These days the maximum financing you can obtain is 95% but with CMHC’s flexible down payment options there are a number of ways to obtain your down payment. The most popular method is a cash back mortgage. A buyer can receive 5% of the total loan amount in cash on closing and it can be used towards their down payment. Or you can borrow against liquid assets such as investments or a new car to raise your down payment. The truth is it’s a lot easier than you think to buy a home with no down payment. If you’re looking to get in the market but need help with down payment, give us a call.
The truth is mortgage brokers can approve mortgages that many banks can’t.
Sometimes you may find yourself in a situation where you don’t qualify for mortgage financing at your bank. There’s good news though! At The Mortgage Centre we have access to a number of non-bank lenders with more flexible qualifying criteria, they understand that people experience troubled times. At The Mortgage Centre we often have banks referring their customers to us, to help them when the bank can’t. The truth is we can often get you approved where your bank can’t. If you’re having difficulty getting financing, consult a mortgage broker for a second opinion.
The truth is mortgage brokers can work with your bank or any bank. We offer impartial advice and lower interest rates.
Mortgage Brokers work with most of the banks and other financial institutions.We can arrange your mortgage for you at your own bank without any hassles and we can often get you a better deal. If we arrange your mortgage at a different lender, you don’t have to change your banking. We will set it up so your new mortgage payment comes out of your current bank account. The truth is we offer unbiased advice on what’s best for you. Your own bank won’t tell you if there is a better deal somewhere else, but we will.