You leverage on both expertise and experience when you choose Certified Mortgage Broker Ottawa. We deliver reliable services that are custom tailored to you specific needs. We offer you the following:
The minimum mortgage down payment in Canada is 5%. However, note that this really low down payment is not for everybody. It may work well for some but it may not be a good option for others.
For one thing, it is a pretty affordable option to start with. However, note that low mortgages require insurance on the possibility that you will default on your payment.
We can also arrange a 0% down payment when you purchase new property. Note that you will still be paying the minimum 5 per cent down payment but the lender will give you cash back which basically covers the 5% down payment. And voila! You now have a 0% mortgage down payment.
Are you ready to invest in Ottawa? It is actually one of the popular investment options today in Canada. However, property investment rules in the country can be quite stringent, which is why new investors need proper guidance. In fact, even seasoned investors will need some inside info and outside advice. Give us a call today and we can furnish you with a primer on property investment in Ottawa.
To receive a consultation or an answer to your question do not hesitate to call us at +1-613-706-4656. We are here to assist you!
Believe it or not we understand that mortgage arrears can happen to anyone. They happen for a lot of different reasons. Certain causes like job loss, unexpected illness, and others can take a huge financial toll on anyone. And this is where a Mortgage Broker in Ottawa can be of service.
We listen to what you have to say and we understand your needs. We have seen good paying clients who undergo stressful situations and still get back up on their feet eventually. And that is why we are willing to assist you in paying off your mortgage. We can do that via different ways from getting a second mortgage to increasing your loan amount.
Some people might think that it is outright impossible for anyone with bad credit history to get a loan let alone a mortgage. Most folks would think that poor credit will shoot down any plans to get any kind of property in Canada. Remember that we can help you even if you have bad credit.
Here in Certified Mortgage Broker Ottawa we find ways. We have unique packages to help people with poor credit and we provide you with suitable options.
The major strategy that we offer when it comes to debt consolidation is by getting some money off your home equity. Home equities in Canada have really low interest rates, which you can use to pay off loans that have higher interest. We can help you set things up to help you reduce the amount of interest you are already paying.
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Having a roof over one’s head is a basic necessity. You can choose to live in someone else’s home, rent one, or own one of your very own. The decision is yours and it is based on how much you can afford.
It is no secret that there are relative costs when it comes to buying and renting your home. On top of that there are emotional and other factors that come along whether you buy or even rent your home. In this section we’ll answer some of the most basic question about mortgages and how a Mortgage Broker Ottawa can help you.
A mortgage is a loan that you can use to buy a home or some other kind of real estate property. This loan also allows your lender to seize the property you bought with your mortgage in case you fail to pay the loan on time. Simply put, the piece of real estate you purchased serves as the collateral on your loan.
There are two types of mortgages in Canada. The first one is called an open mortgage and the second one is called a closed mortgage.
Open mortgages allow you to make prepayments (i.e. extra payments) any time. You are also allowed to pay the entire amount even before the end of your term. Unfortunately, the interest rate for an open mortgage is higher than for a closed mortgage. Mortgages of this type are available for shorter terms such as six month to 12 month mortgage terms.
You will have to pay a prepayment charge if you want to make any changes to the mortgage agreement in a closed mortgage. You can also make prepayments during the term of your mortgage but these are only limited, which lets you take advantage of certain low interest rates. Even with similar terms, a closed mortgage will always have a lower interest rate compared to an open mortgage.
I would just like to thank Certified Mortgage Broker Toronto on behalf of me and my husband. Everything worked out perfectly and we got an excellent rate. We picked up our keys and everything is great. Could not recommend them enough. Excellent service and excellent team. Thank you.
I don't usually write reviews, but with CMBT I felt obliged to. Absolutely AMAZING service, I never chased these guys and they were always very clear with my options. They went above and beyond to find me the best rates and were very clear and understanding. They explained everything and made the whole process easy, I really could not recommend these guys enough.
Great guys and great service. The whole process was quick and done very professionally. They had the best rates we could find and were very helpful with explaining the whole process and all our options. Will absolutely be using them again.
After my first bad run in with mortgage brokers I had a coworker refer these guys to me, and I can honestly say this was a quick, easy and all around great experience. Being a first time home buyer I was kind of worried I was getting in over my head, but the team At CMBT was very understanding. They walked me through the whole process and answered all of my questions. They found the best rates and we went over them together. These guys are honestly a pleasure to work with and I would absolutely recommend you check them out if your looking for a high quality mortgage broker service.