Using a Mortgage Pre-Approval to Speed Up the Home-Buying Process
Are you considering buying a new home or applying for a second mortgage? If you’ve never bought a home than the whole process is quite new to you, but you should learn the ins and outs before you start house hunting. Pre-approval is an important part of the process and should really be the first step you take. However, in 2014 less than 10% of homebuyers actual completed this vital step. This is acutally quite shocking if you think about it. It’s like going shopping without money to pay. So, if you’’re a serious homebuyer ready to dive in, it won’t be fun to window shop and see the home of your dreams, just not to have the approval you need to buy it.
How Brampton Brokers are helping with Self-Employed Mortgages
If you are self-employed you know it harder to get mortgage financing when compared to the typical small business owner on a salary, who can produce a T4 slip. Since self-employed persons use accounting to report their income to the Canada Revenue Agency, and apply certain techniques which results in lower actual income, it’s harder for them to prove their earnings.
Reap the Benefits: Being Frugal with Your Private Mortgage in Brampton
As a Brampton homeowner, did you know that you can benefit greatly from a private mortgage? Whether you are looking to improve your cashflow or you’re thinking about reducing high-interest debts, a private mortgage can play an important role and serve as a powerful tool to open up options for borrowing.
Fixed vs Variable Rates
Currently, the Bank of Canada has influence on variable lending rates in Brampton. Since these types of rates depend on the economy the good news is that at least for 2016 variable rates are, and will probably remain, lower than they’ve ever been at only 0.5 percent. The Bank of Canada hopes encourage growth within the economy. Fixed rates on the other hand are not influenced by the Bank of Canada.
Mortgage Agent Training for Success!
A golden opportunity to join AKAL Mortgages Inc. and get trained to become a successful mortgage agent. Training and support is not only an ongoing commitment at AKAL Mortgages but we tailor training needs for each agent depending on his/her needs and goals – and that’s called mentorship, we are known for in the industry! AKAL Mortgages is delivering a special training program, “Learning Secrets of Successful Mortgage Agents” on October 6th, and will continue on October 13th and 20th, 2016 – the best possible foundation for enthusiastic new mortgage agents.
Get Trained for a Successful Mortgage Agent Career
A golden opportunity to start a rewarding career as a mortgage agent! AKAL Mortgages is training new mortgage agents for three full days on October 6th, 13th and 20th, 2016. This training program is designed to kick-start new agent’s career in the RIGHT direction to help ensure their success by providing them the knowledge and tools they need. The best possible foundation for enthusiastic new mortgage agents. Cost for thhis training program is $650, BUT if you join AKAL Mortgages before September 30th, 2016 then you’ll be eligible to attend at NO COST to you.
Mortgage Renewals: The 2 Biggest Mistakes & How-to Avoid Making Them
It’s extremely unfortunate, but most mortgage holders are not aware of the biggest mistakes that are made during mortgage renewals. Don’t let a mortgage renewal be your worst nightmare.
Refinancing Your Property 101
Refinancing your property allows you access to funds, using the equity in your home. And, it can be a lower cost way to borrow the money than taking out a traditional loan. Learn about (1) Reasons to refinance, (2) How to know if property refinancing is right for you, and (3) Basic requirements for refinancing your property.
Understanding Pre-qualification, Pre-approval and a Rate Hold for Canadian Mortgages
As a first-time home buyer, questions are bound to arise regarding your house purchase. Understanding the difference between pre-qualification, a rate hold, and pre-approval for a mortgage are all vital to making the right decisions when buying your home.
Commercial Mortgage: The 5 Most Frequently Asked Questions
If you are an investor who is hoping to invest in commercial property for whatever purpose, we know that you probably have many questions surrounding this matter. As such, we’ve compiled a list of the 5 most frequently asked questions surrounding commercial mortgage.