Mortgage Services

A pre-approval is a crucial step in the home buying process as it allows us to review your financial situation beforehand. A pre-approval not only secures a rate and provides you with a realistic idea of how much you can afford, but more importantly it gives you confidence in the financing when you decide to make an offer.

Typically the goal with a mortgage is to pay it off, but for many homeowners a refinance can prove to be beneficial. Here are just a few reasons to refinance your mortgage:

-Consolidate high interest credit cards

-Better interest rate / lower monthly payment

-Renovations and home improvements

-Education

-Investments

A renewal is a great time to explore your options - or better yet, let us do it for you! Many homeowners don’t take the time to re-evaluate their mortgage goals, which tends to cost them in the long run. Did we mention that there is no cost to transfer your mortgage on renewal? What are you waiting for, contact us today!

An investment / rental property can be lucrative with the right strategy and proper advice - That’s where we can help! We work with the borrower to ensure the property is affordable not just from a qualifying aspect, but also cashflow. Turn your investment dreams into realty - contact us today!

A Home Equity Line of Credit is a versatile borrowing tool that allows homeowners to access the equity in their home on a revolving basis. There are many benefits of a HELoC but the main ones compared to other forms of borrowing i.e. credit card or unsecured line of credit, are that it has a lower interest rate, and the minimum monthly payment is interest only. This makes it an attractive option for homeowners who are looking to borrow funds for large expenses such as home renovations, college/university, or a second home/rental property. Overall, when used strategically a HELoC can be a useful financial tool if you are looking to access the equity in your home while keeping borrowing costs relatively low.