Exclusive Mortgage Offers

I just finished a conference call with our Head Office.

We discussed our Exclusive offer not available from other Banks or Mortgage Brokers.

Mortgage Centre Canada is now offering a 5 Year Term at 3.49% .

This rate is .20 below other Banks and Lenders.

This offer is for clean deals, owner occupied, good credit.

Bank Mortgage Approval Turnaround Time

I spoke with a former co-worker today who sells mortgage at a major bank.

He was quite upset that his approval centre is running about 4 days right now.
he is losing deals to other bankers and the Broker industry because of this service.

At the same bank, I get a maximum 2 day turnaround and most times even faster. Also I have 4 dedicated
underwriters to work with which gives me a familiarity and my old friend has no idea who his deal will go with at any time.

In the broker world we are treated like a preferred customer so that the Lender can win our business every time.

Another reason to work with an experienced Mortgage Broker

5 Year Mortgage Best Rate

Our company has been given access to a special 5 Year Fixed Mortgage Rate.

3.49%

This rate is well below the best rate offered by several major lenders.

5 year Variable is also available at 2.50%

Best Rates Best Service Best Advice

Self Employed Clients

Some Brokers and Bank reps say its more difficult to finance Self Employed  clients.

I would agree that there is more work involved but fundamentally nothing has changed.

Being prepared and understanding the Lenders Polices and paperwork will still get you up to 75% financing. You need your NOAs and T1 Generals right up front.  A 2 year average income will be used.

We also have the B Lenders who will do these deals for a higher rate to compensate for the perceived risk of no income proof.  You can get up to 80% financing here.

As always use an experienced Broker to get the best results