We are often asked “What is the lowest rate?”
This is a difficult question to answer while ensuring you are also truly helping your client, without knowing more information. It is important to know what your client’s needs and goals are, what will the property by used for, what is their tolerance for payment fluctuations, how long do they plan to live in or keep the property, so on and so forth. Without the answers to these as well as a number of others, simply getting a client a mortgage with the lowest rate possible will likely not be ensuring all of their bests interests are being looked after.
What we assume is that all of our clients would like the lowest and best interest rate available, however, we do not assume anything else about them, their situation, or their future plans.
If you would like the best interest rate possible for your mortgage but also want to ensure your other needs and wants are being considered and taken care of, contact us for a no cost consultation.
If you have any questions, please feel free to contact us by any of the methods below:
Phone: (778) 668-9320
Fax: (778) 294-2239
Email: scott.dawson@verico.ca
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Technorati Tags: Langley, mortgage broker, mortgage rate, Surrey, Vancouver
I would like to run a small bed and breakfast on an occasional basis. (2 or 3 bedrooms maximum). If the rest of the house is my residence, do I need to apply for a commerical mortgage or can I have a residential mortgage? I will be buying a new property for this purpose as my present property does not have ensuite bedrooms
Ive just purchased an existing Guesthouse which required a commercial mortgage, but the bank would only sanction the money after reveiwing 3yrs accounts and my own buisiness plan. The other thing to look at is they will only a maximum of 70%. Some indipendent mortgage companies will only lend 50%, my advise there would only use a bank. While viewing several guesthouses i came across a couple that brought their house and converted it to a guesthouse, and after having all the work completed they then informed the various banks and insurance people of what they had done. I belive their mortgage hasnt changed, just the extra cost of insurances and taxes. Good luck with your search, we are just waiting for a date to move and very excited about it.
We are often asked “What is the lowest rate?”
This is a difficult question to answer while ensuring you are also truly helping your client, without knowing more information. It is important to know what your client’s needs and goals are, what will the property by used for, what is their tolerance for payment fluctuations, how long do they plan to live in or keep the property, so on and so forth. Without the answers to these as well as a number of others, simply getting a client a mortgage with the lowest rate possible will likely not be ensuring all of their bests interests are being looked after.
What we assume is that all of our clients would like the lowest and best interest rate available, however, we do not assume anything else about them, their situation, or their future plans.
If you would like the best interest rate possible for your mortgage but also want to ensure your other needs and wants are being considered and taken care of, contact us for a no cost consultation.
If you have any questions, please feel free to contact us by any of the methods below:
Phone: (778) 668-9320
Fax: (778) 294-2239
Email: scott.dawson@verico.ca
Duration : 0:1:18
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Technorati Tags: Langley, mortgage broker, mortgage rate, Surrey, Vancouver
My partner and I are looking for a great mortgage broker. Any suggestions? We have heard of a couple of people through friends but want to find someone who is truly amazing.
Thanks! 
)
me…lol.. You can check out my profile on LinkedIn. Actually, I’m here if you need the help. Best of luck either way.
http://www.ashburnham-insurance.co.uk
This video is a basic tutorial on how to complete the public liability insurance quote form and proceed with a policy from the Ashburnham Insurance Services Limited website.
The site offers tradesmen instant online quotations and immediate cover at a low cost cheap price and provides comprehensive indemnity cover for most trades and occupations for both employers and their employees.
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Technorati Tags: cheap, Cost, cover, immediate, indemnity, instant, insurance, liability, Low, Online, policy, Price, public, quotation, quote, trade
Meet Logan Landers, president of the company, as he talks about the advantages of doing business with his Los Angeles-based brokerage.
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Technorati Tags: Down, equity, Hard, loans, Money, points, Purchase, Refi, refinance, Second, zero
What is the best company out there that will finance a married couple but only one person having bad credit? First-time homeowners as well as no money down if at all possible.
Use the theory of relativity (borrow from a relative) failing that, with no or poor credit you will get hosed anywhere. Try rent to own or owner financing.
July sales down, followed by predictable fall in prices and now near record low rates on long-term mortgages. This presents a great buying opportunity but what is the best mortgage term for you?
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Technorati Tags: August Home Prices, August Sales Numbers, BC Interest Rates, Canadian Interest Rates, Canadian Mortgage Minute, interest rates, Mortgage Minute Canada, National Interest Rates, The Canadian Mortgage Minute, The Mortgage Minute
I know this depends on each person’s situation, however when my family goes to buy our second home, we will probably only have enough profit from the sale to put 15% down. I want to avoid 100% financing if I can. What would be the best way to borrow that other 5% on say like a 5-7 yr loan?
We are selling out condo in CA and trying to move up to a single family detached home. If we opted for a townhome we could definitely make 20% or more down, but we really want to have a house since we have young children.
Get a few referrals or just find some good loan officers (both brokers and bankers) and get some quotes.
It’s possible it will be better to do an 80% first, and 5% second, but it’s likely that doing one loan at 85% and taking the mortgage insurance for a year or two is the better deal.
But you have to find someone to run the numbers for you, for your particular situation.
href=http://www.eqxl.com Win against a Mortgage System that’s stack up against you! Mortgage Checking account reveals the best equity loan rate – Secrets of a faster mortgage payoff. Part 2
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