Mortgage Pre-approval
Do you want to be peace of mind by locking your rate for up to 120 days? You are in right hands! Whether you are looking to buy your next home and you would apply for an existing property or preconstruction property a mortgage professional can save your time and money significantly. We offer you for a quick and friendly review and free of charge assessment. Call us today to see how we can help you and just remember we work for you not BANKS.
Home Equity Loan & Second Mortgage
Are you frustrated by high interest debt payments? Do you have enough equity on your property? If so, we have a solution for you. We are glad to announce that with up to $20,0000.00 loan our product gives you to incorporate all your high interest debts into one payment. Our rate is 8.99% and completely open and with renewable option every two years. You also have option to apply for a second mortgage up to $200,000.00 with either no payment for 12-month option or just interest only payment. Debt consolidation gives you the comfort and convenience of only needing to pay one lump sum payment in semi-monthly. This relieves stress, tension, and frustration. By this product you can borrow additional money on your property equity without it hits you your credit report, so you can combine your debts into one simple payment. That way you can easily budget with a structured payment plan. Debt Consolidation Benefits: • Secure a much lower monthly interest rate for all your debts • Lower monthly payments • Stay organized with the convenience of making only one monthly payment • Improved credit score from making all your payments on time • Please find more detail in the below and feel free to reach me CALL ME today for more info and just remember I am here to HELP YOU as I work for you not Banks!
Mortgage Renewal or Switch
When you get close to your renewal date and come to the fork in the road let a CENTUM mortgage broker help guide you down the trail of renewal or switching lenders. The switch/renewing your mortgage process is made easy. A renewal/switch is usually straight forward but should be well thought out. There is lots to consider including the period of owning the real estate, any plans to modify the property and of course reviewing all your options. Choosing the right term and payment is crucial so it is suited to your current financial plan along with your future goals. At CENTUM, we want to make your mortgage fit your lifestyle and still be flexible if anything is to change. Rates can be volatile in nature. Fortunately, if rates are about to rise the media loves to speculate on what is going to happen giving us all a little warning. Even if those warnings do not cross your path, one of our CENTUM mortgage brokers are here to check in and evaluate your current mortgage. Depending on the type of mortgage you have, you may incur a penalty if you decide to break your mortgage early. In some cases when rates are about to go up, it can make sense to break the mortgage terms and secure the current rate. It is our job to crunch the numbers, find you the right mortgage and make sure it is financially worth it. Do not take risks with your most asset. At CENTUM, we are here to help.
Debt Consolidation
Are you frustrated by high interest debt payments? Is your mortgage your biggest monetary responsibility? Have you considered the benefits of debt consolidation? Refinance your mortgage to incorporate all your high interest debts into one payment. Debt consolidation gives you the comfort and convenience of only needing to pay one lump sum payment monthly. This relieves stress, tension, and frustration. Wishing you a wonderful and happy Holiday Season from all of us at CENTUM Financial Group Inc. By refinancing with a debt consolidation mortgage, you can borrow additional money on your mortgage so you can combine your debts into one simple payment. That way you can easily budget with a structured payment plan. Debt Consolidation Benefits: • Secure a much lower monthly interest rate for all your debts • Lower monthly payments • Stay organized with the convenience of making only one monthly payment • Improved credit score from making all your payments on time Contact me today!
Renovation Financing
Home renovations are exciting for any homeowner, but they should not burden you financially. Talk to us about your renovation or project. Whether you are updating your home from the seventies to 2017 or looking to reduce your carbon footprint, we have a solution for you. You can add value/equity to your home through renovations and we can also help finance those unexpected maintenance costs that come with home ownership.
Refinancing
Equity is a powerful thing. Many individuals will refinance their home to send their kids to school, do that big renovation, consolidate debt, or go on that trip of a lifetime. Big expenditures can take a toll on cash flow but by refinancing, you can leverage your equity and not be cash poor. Understanding refinancing options and the costs associated with it is key. One of our CENTUM mortgage brokers are here to walk you through every step of the process.
Self Employed
Self-Employed? Looking for a Mortgage? It may seem harder as a self-employed person to secure a good mortgage rate. This may not make sense to you, as you know your financials are in order and your business has been doing well. Recent studies show that self-employed workers have a higher median net worth than salaried employees, much of one’s self-employed income does not show up on paper. Entrepreneurs want to decrease their earnings to avoid paying tax and cut their income through legitimate expenses and personal deductions. So how do you secure a good mortgage rate as a self-employed individual? In the past, self-employed workers were given leeway and asked to fill out a signed income declaration and proof of self-employment to qualify for a mortgage. Today, self-employed workers can still apply for one of these “stated income” mortgages at some banks, but the lending limits have changed. Federally regulated banks can only lend entrepreneurs up to 65 percent of the purchase value. Financing higher than that requires mortgage default insurance through one of the three mortgage insurance firms in Canada. Many high-net-worth business owners with low stated incomes usually turn to private mortgage lenders. If you are looking to find a mortgage, organize your paperwork. Most lenders require two years of financial statements, your latest notice of assessment from Canada Revenue Agency, proof your GST and HST are paid, your credit score proof that you are the owner of the business. The requirements for securing mortgage insurance vary. A good mortgage agent is knowledgeable and has access to a broad range of products from various lenders. Being self-employed need not be a deterrent to buying a property. Give me a call today.