What
is a mortgage broker?
Your mortgage
broker is an independent Real Estate financing professional who specializes in
the origination of residential and commercial mortgages.
Why
use a mortgage broker?
Brokers provide
consumers with choice, convenience and expertise.
The consumer
receives an expert mentor through the complex lending process.
Because
each applicant's needs and qualifications differ greatly, a Mortgage Broker who
is familiar with the different programs available and knows which questions to
ask, can approach lenders that best meet your needs while the single lending institution
will attempt to sell you only their limited products. Mortgage Brokers are service
orientated and save you time and money while shopping for the best mortgage for
you.
CMC offers
the consumer extensive choices and access to flexible and affordable mortgage
loans while balancing the consumer's financial interests and goals.
What
if I have bad credit or have been turned down before?
No problem, deal
with a professional broker who knows the lending criteria of Canada's mortgage
lenders. We place mortgages for slow credit, no credit, former bankrupts, just
in foreclosure. Let a professional package and place your application.
What
about Home Equity Loans for fast cash?
Equity loans are
an excellent source of cash to pay off high interest credit card debt, university
costs, home improvements.
If you
have built up equity in your home beyond your original down payment, you may be
able to tap into it and obtain affordable and flexible financing.
Banks,Trust
Companies and Credit Unions can lend up to 100 per cent of the appraised value
of your home. If the current amount of your mortgage is less than that, you could
use the extra equity to obtain a homeowner's line of credit. This is one of the
least expensive sources of financing available. At Calgary Mortgage Corp. we have
lenders offering equity lines of credit, we will tailor a plan to suit your needs.