Calgary Mortgage Rates
| Term | Rate (%) |
Calgary - The Heart of the New West
Calgary Mortgage Broker Products
Purchasing
Purchasing real estate in Canada is the single most expensive investment most Canadians will ever make. The process can be extremely intimidating and stressful and working with a professional mortgage broker can substantially ease your worries. We are here to answer all of your questions and walk you through the steps of buying your home. We will help you understand the mortgage application process and explain all the options in order to make you feel more comfortable with your real estate purchase.
Equity Take Outs
Equity financing gives home owners money management options. Many Canadians have a large amount of equity built up in their existing homes. There is a full range of mortgage options that are available enabling you to tap into this resource. This extra cash can be used toward:
- Debt Reduction Rental
- Investment Property
- RRSP
- Mutual Funds Education Renovations
Investments/Rental Property
Purchasing investment/rental property can be an excellent way to increase wealth and provide passive income. With the wide range of products available to homebuyers, you can purchase investment/rental property with as little as 5% down.
Mortgage Renewal
Just like an annual financial plan you should review your mortgage on a regular basis. When your mortgage is up for renewal it is the ideal time to re-assess and re-examine your financial situation. We are available to answer any of your questions or concerns and help you choose the options that best suit you. If your mortgage is coming due for renewal give us a call and we will shop your mortgage for the best possible rate. Most of our lending institutions will hold the rate for 90 to 120 days before the renewal date. This allows you to lock in a rate to ensure it will not go up before renewal time. The vast majority of people will simply accept the rate their bank is offering them at the time of renewal thinking it is easier and less hassle. We can find a more competitive rate and it only takes a phone call or a few minutes to fill out the online mortgage application.
Early Renewals
With today's low interest rates your mortgage may be costing you more than it should! It might be beneficial and cost effective for you to payout you're existing mortgage and secure approval for a lower rate. This could save you thousands of dollars over the remaining term.
