Help from a Mortgage Broker in Vancouver

Purchasing a new home can be a challenge. There are a lot of questions that people have especially if this is the first time that they are purchasing their new home. Many of the questions individuals have pertain to finances. They may not thoroughly understand how a mortgage works. They may have questions about the amount of taxes they’re going to be required to pay on the home that they purchase. All of these questions can be answered by sitting down and speaking to a well-qualified mortgage broker in Vancouver.

Individuals who already live in Vancouver or those who are looking to relocate to Vancouver are looking for a home that is going to provide them with safety and security. One […]

By |2017-11-16T12:47:16-08:00October 24th, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

Get The Right Mortgage With Trusted BC Mortgage Brokers

One of the most exciting things that can happen in a person’s life is being able to purchase their first home. Buying a first home is a huge step because it is something that is not only a good investment for a family, but it is also a great investment for the future. Unlike any other investment a home is something that you will live in and be in for a very long time and for that reason it is very important to choose the right home. Apart from choosing the right home, it is also imperative to get a mortgage.

A mortgage is a type of secured loan that uses the home for collateral. There are many different types of […]

By |2017-11-16T12:47:16-08:00October 24th, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

Kelowna Mortgage, Can You Find A Home?

Whether you want to buy a home in Kelowna, British Columbia because of the summer activities or winter fun, this is one place that really feels like home. Nothing can make you happier than finding that perfect place and Alternative Mortgage Financing can be the one that helps you find your Kelowna mortgage. Let their experience and expertise work for you to find the perfect place.

Located on beautiful Okanagan Lake the city of Kelowna is an ideal location for you and your family to move. You could be fishing right now if you already had a place. So what are you waiting for? Call Alternative Mortgage Financing today and get the ball rolling. Can you imagine what life will be […]

By |2014-03-13T12:22:04-07:00October 23rd, 2013|Alternative Mortgage Financing, Mortgage Broker Kelowna|

Reputable Mortgage Broker in Victoria BC

With the current real estate condition, many people are trying to take advantage of some of the great real estate deals available. If you are planning to purchase a property, you will really benefit a lot by using the services of a reputable mortgage broker in Victoria BC. Many years ago when you wanted to purchase a house or other property you would go to a bank in your area and apply for a mortgage loan. It would be the bank manager’s decision whether or not you would obtain the loan. Nowadays you have many options because of competition among lenders.

You may be asking why you would use the services of a mortgage broker when you can just deal with […]

By |2017-11-16T12:47:16-08:00October 23rd, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

Finding A Top BC Mortgage Lender

Mortgaging a home will directly be affected by an individual’s long and short term goals. It is crucial to consider a BC mortgage lender that not only offers a lower interest rate but also offers flexible and alternative lending options even to those who may have the most challenging circumstances.

Key questions that should be asked when analyzing a mortgage should be: Can the mortgage be transferred? Can it be taken over by the buyer (assumable) if the home is sold? Are their options to make a prepayment or skip payment? What is the frequency of the mortgage’s compounding interest?

Taking these considerations into account can save the homeowner money and help them avoid unexpected expenses that may come along the way […]

By |2014-03-13T12:23:16-07:00October 23rd, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

How to Choose a Vancouver Mortgage Broker

With so many mortgage brokers to choose from, it is easy to find the process of selecting the broker that is right for you intimidating or exhausting. These helpful tips will help you find the Vancouver mortgage broker that is the perfect fit for your situation.

Probe Around

One of the first steps to take when looking for a Vancouver mortgage broker is to probe around by asking family and friends about positive and negative experiences that they have had when trying to broker a deal. If family and friends are unfamiliar with Vancouver area brokers then turn to the Internet where you will likely be able to find some unbiased reviews from previous customers. Be careful about relying on reviews that […]

By |2017-11-16T12:47:16-08:00October 22nd, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

Financing Homes

Depending on your long and short – term goals in regards to purchasing or refinancing property, there are other things to consider besides simply getting the lowest interest rate when financing homes.

In my opinion, there are a few key factors in analyzing a mortgage that are worth paying extra attention to: Is the mortgage portable? Is it assumable? What are the prepayment and skip payment options? How often is the interest on the mortgage compounded? Being aware of this information can save you money and unpleasant surprises in the future.

Portable:

This term relates to whether your mortgage can be secured (moved) to a replacement property. In some cases, without realizing, people will sell their homes, pay a heavy penalty to get […]

By |2017-11-16T12:47:16-08:00September 18th, 2013|Alternative Mortgage Financing|

Buying Property with Alternative Mortgage Financing

One of the most important by-products of the recent financial crisis was the disappearance of the non-prime alternative mortgage financing products. In the past when there were no high credit score, borrowers purchasing or refinancing property could qualify for alternative mortgage loans that compensated for the added risk with increased rates of interest. Lenders that made these loans demanded 1-3% higher rates of interest than those that were available on the prime loans. Higher loans of interest were considered sufficient for compensating for the additional lending risk. In the present day market, the non-prime mortgages are available for around 5% to 7%.

However, such mortgages were eliminated by stringent financial regulations and the departure of the private secondary mortgage market. In […]

By |2017-11-16T12:47:16-08:00September 5th, 2013|Alternative Mortgage Financing, Vancouver Mortgage Broker|

How to Single Out the Right Mortgage Broker

In this world, finding reputable help can be a challenge, whether you’re looking for a lender, a real estate agent, a dentist, a lawyer, and the list goes on. I know that just the mention of some occupations probably made you cringe. And, everyone has an experience or bad story they can tell about the service or person. To help you come over those bad experiences, I have listed few tips to single out the right mortgage broker in BC. Go through it and hopefully learn from my experience:

Tip #1: Word of mouth referral is typically your best source to find someone worth their weight in gold. If you think the referral is not worthy, you can go back to […]

Advice from a Mortgage Broker in BC

As a mortgage broker in BC we are able to offer existing homeowners or ones looking to get pre-approved to purchase property in every corner of the province competitive mortgage financing to an extremely wide variety of clients employment, retirement, alimony income etc. We can also qualify all types of property types, sizes and locations. Not all mortgage lenders lend out mortgage funds on an equal basis of qualifications. The typical brick and mortar financial institutions that you opened your bank account at an early age might not be the best suited for your current mortgage needs.

It can be disheartening if you go out and shop for a mortgage on your own to different banks and each time getting a […]

Go to Top