Home Purchase Loans
Buying a home is the most significant purchase most people make during their lifetime. That makes your mortgage your most considerable financial commitment during your lifetime also! At Canadian Mortgage Experts, we want to make sure every home purchaser is aware of the many mortgage options available to them before their purchase and mortgage closing date.
Financial institutions are regularly launching new products and programs, making it easier to purchase that new home sooner. Today, interest-only mortgages, self-employment programs, mortgages for rental purchases, vacation property mortgage financing, and a host of other innovative mortgage alternatives are dotting the home purchase landscape, making homeownership a reality for more people than ever
Whether you are a first-time home buyer or a seasoned property investor, CME has access to the very best mortgage products and rates available across Canada. Give us a call… it could save you thousands!
Commercial Mortgages
DLC Canadian Mortgage Experts Commercial has established excellent relationships in the lending community with pension funds, banks, credit unions, life insurance companies, trust companies, private institutions and individual investors. These relationships allow us to identify the source of funds for a commercial mortgage which will be most likely to meet the needs of our borrower clients.
Refinancing Services
Canadian mortgage holders face many reasons to refinance their mortgage. Some have improved their credit score and are seeking refinancing because they now qualify for a better rate. Others wish to stabilize their payments by switching from a variable rate mortgage to a fixed rate mortgage. Mortgage refinancing can be a lower cost way to borrow money than taking out a traditional loan: a good option to consolidate debt, make home improvements, invest, buy an additional property, invest in stocks, send the kids to university, etc.
While removing equity from your home can be a good idea, you should do so with caution and fully understand the benefits and possible risks. The best thing you can do is to consult a licensed mortgage broker and certified financial planner to discuss opportunities to make your home’s equity work for you.
Debt Consolidation Mortgage
A mortgage for debt-consolidation makes a lot of sense when the home has risen in value since the time of purchase and the individual is carrying unsecured debt obligations at interest rates higher than the interest rate available for the mortgage. Debt consolidation mortgages, also known as debt management mortgages, can really improve monthly cash flow.
While removing equity from your home can be a good idea, you should do so with caution and fully understand the benefits and possible risks. The best thing you can do is to consult a licensed mortgage broker and certified financial planner to discuss opportunities to make your home’s equity work for you.