Mortgage Services Offered

Your Situation

I have good credit, high beacon score > 720, 

I have at least 20% down payment

I have enough monthly income to pay for my existing debts plus mortgage.

i.e. GDS < 35 & TDS < 42

The Solution

Go to one of the class A lenders i.e. Major banks and get the mortgage. You need to be savvy to negotiate your rate, pre-payment penalty & other terms.

You can come to mortgage advisor who can use same criteria to shop rates for you from multiple lenders. This service is free.

 

Your Situation

I have good credit, good beacon score > 680, 
I have < 20% down payment

I have enough monthly income to pay for my existing debts plus mortgage. 

GDS < 35 & TDS < 42

The Solution

Go to a class A lender, you will need CMHC insurance.  You will need to negotiate with the bank's mortgage advisor, who will try to sell you the highest rate with bad terms. Here an independent mortgage broker can help you get the best mortgage product at no cost for you. Let lenders compete for your business

Your Situation

I have bad credit, low beacon score, < 680, 

I have < 20% down payment

I have low monthly income to pay for my existing debts plus mortgage. i.e. GDS > 35 & TDS > 42

 

The Solution

Contact an Licensed mortgage broker. Who will advise you of all available options and recommend the best mortgage product for you. As they have access to all the lenders that are available in the market place.