Posts Tagged ‘First Time Home Buyer’

Why use a Mortgage Broker in Canada?

With the current state of the economy and lowest interest rates in a generation, many people have been trying to get in on some great real estate deals. If you are contemplating the purchase of a property you will really need to consider the services of a qualified mortgage broker. In the past when you wanted to buy a house you would walk down to your local bank and apply for a mortgage. You where at the mercy of the bank manage Read the rest of this entry »

How to select the right mortgage broker

When you are looking for a mortgage broker make sure they are qualified, most mortgage broker have gone to school and have years of training under a senior broker to ensure the know the ins and outs of the mortgage industry. The industry has a designation calls Accredited Mortgage Professional to differentiate the category of mortgage broker. If the broker you are meeting has this designation then you are in goo Read the rest of this entry »

How To Read A Wholesale Lender Rate Sheet and Beat Mortgage Originators At Their Own Game

Mortgage Banks and Brokers everyday are closing home buyers and refinancers at a higher rate than they deserve! This artificial upping of the rate and the revenue created by doing so are hidden from the customer. This hidden ripping-off of the mortgage consumer is called Yield Spread Premium overchaging if the loan is originated by a broker and Service Release Premium overcharging if the loan is originated by a mortgage bank. Read the rest of this entry »

Mortgage Decisions Made Easy

Homeowners we want to hear from you. The mortgage industry has been through a lot of changes in the recent years. We have seen mortgage rates the lowest they have been in years and we have seen big name lenders getting in trouble for various reasons.Today there are many homeowners who are in over their heads, with interest only loans, option arms and homes that they just can’t afford. In some cases, these homeowners have had th Read the rest of this entry »

Want a Fixed Rate Mortgage That Will Save You Thousands on Mortgage Interest?

How would you like to discover a little known fixed rate mortgage program that will not only save you thousands of dollars, but tens of thousands of dollars on a mortgage loan?  Read on…….

I am not referring to a 15 year mortgage, nor am I talking about a bi-weekly or some type of mortgage reduction program.   Yes if you can afford the payments the come with a 15 year loan, the by all means go for it.   It will Read the rest of this entry »