Mortgage Tips

Not all variable and adjustable rate mortgages are created equal. Look beyond the interest rates quoted. Be aware of the differences between mortgage interest compounded monthly and mortgage interest compounded semi-annually. Different lenders have different conditions with respect to converting a variable or adjustable rate mortgage to a fixed rate mortgage -- ensure that you understand, and that you have a written commitment, for conversion at their "then current discounted rate". Early payout terms also vary considerably -- in terms of the "closed" vs. "open" periods, and the size of the penalty for payout within the "closed" period.

There are mortgage programs available for employed individuals, self-employed individuals, newly landed immigrants, individuals with prior bruised credit, and more.

No fees on first mortgages: pre-approvals, purchases, transfers, renewals, and equity take-outs.

Ask about our 0% down payment options - qualifications: two years same employer or three years self employed, with good to excellent credit.

For further information, or for a no-cost, no-obligation consultation, please call Brian Gentles.

Mortgage questions? Please email to info@briangentles.com

ONE CALL
ONE APPLICATION
ONE CREDIT CHECK
MULTIPLE OPTIONS
BEST RATES

RESIDENTIAL AND COMMERCIAL LENDING

TAKING THE MYSTERY OUT OF MORTGAGES