What differences are there between a Real Estate broker and a Mortgage Broker? A real estate broker simply helps you find a home. Afterwards, the mortgage broker helps you find the financing you require through well known financial institutions, at the lowest possible interest rate.
Why deal with a Mortgage Broker? Simply because a mortgage broker will help you find the lowest possible interest rate on your mortgage. Something next to impossible to do on your own.
How much do services from a Mortgage Broker cost? You pay nothing. It is the financial institutions that pay a commission to the mortgage broker.
Can I buy a property without a down payment? Yes. Some financial institutions will accept to lend you the funds even if you don't have a down payment. Furthermore, you will need initial funds to pay the obligatory notary fees.
Now that interest rates are so low, I would love to refinance my own mortgage, but I have too many debts! This need not be an issue. I can help you consolidate your debts as long as you have a net value on your house. In this way, you will benefit from a lower interest rate and you will save money by lowering the amount of your payments.
For more information, call our toll-free 1-855-649-7308