My Competitive Advantage
Big Picture Thinking
The proper mortgage planning is more complicated than you know. I plan your mortgage to match your type of employment, investment risk tolerance and your financial goals. Besides being a government licensed mortgage broker, I am also a licensed insurance and investment advisor. I am able to see how your mortgage decisions is part of your financial planning.
Wide Reach
I have access to over a hundred lenders: banks, credit unions, trusts, mortgage finance companies, mortgage investment corporations and private lenders. I will find the best offer in my network of lenders. I am not married to a single lender.
Superior Service
Besides being prompt, supportive and patient, I also use my expertise in other financial areas to give you a complete solution.
Mortgage Brokers
They have a fiduciary duty to act in your best interests. They have access to multiple lenders. Bank mortgage specialists are bank employees. Their duty is to their employer and they only have their bank’s product to offer you. Mortgage brokers are paid by the lender that fund the mortgage loan so they are free to give you unbiased advice.
Mortgage Categories
No matter where you fit in, I have a solution for you
Entrepreneurs
Entrepreneurs and business owners are the most complex cases and will benefit most from my comprehensive approach. The mortgage should be viewed in the context of the overall business structure, current and projected cashflow and future investment objectives. Risk management is also more important in these cases.
First time buyers
First time home buyers will appreciate the thorough planning, patient education and dedicated service that will simplify the process and reduce the stress of such a big step.
New to Canada
New arrivals to Canada who are looking to buy a home face different challenges at the banks. Often lack of credit records and employment record may be an issue. Call to see if we need to plan ahead to make this purchase.
Owner Occupied
This is the category most transactions fall under. Here you have access to mortgage default insurance which will allow you to purchase a home under one million dollars with a down payment between 5% and 7.5% of the purchase price.
Rental
Rental or investment properties requires a minimum of 20% down payment. Increasingly this is a strategy for wealth accumulation in the Lower Mainland. Often refinancing the owner occupied home which has appreciated in value over time is a way to help with the down payment.
Commercial
Commercial properties are the next level of real estate investments and the next level of profits. But the level of complexity also goes up a level. Down payment usually start at 25% and there is a fee associated with getting the mortgage.
Credit impaired
There are endless reasons for credit impairment. And for each one there is a solution. Call to see what you are qualified for or what you need to do to improve your position in the future.
Reverse Mortgages
With the addition of a new lender in this space, reverse mortgages have become a decent financial tool for the senior who wants to stay in their own homes. Rates has never been lower. Call me to find out about the nuances of the reverse mortgage and whether this is the right solution for you.
Alternative Solutions
For any other mortgage financing needs that the banks have turned down, I have a credit union, trust company, mortgage financing company, mortgage investment corporation or a private lender ready to fund you.
Testimonials
Coming soon!
