HOME OWNERS
With over 20 years experience, Jacqui will be able to showcase all of these options for you and make sure you are on track at all times.
You’ve done this before, owned or currently own a home and you have some needs that tie into your home…
It’s a great idea to revisit your mortgage at least annually to see where it stands in the current market both in value and with your interest rate. There are some mid-term options that make sense. Your mortgage broker can show you what is out there for options and how you can get ahold of them. Don’t wait for renewal and be subject to limited offers.
Let’s talk about what a “refinance” means. Just like a pre approval you went through at the time you bought, applying for and understanding your options before you move ahead is important.
Here are the steps:
a. Mortgage Application/Pre Approval: this will tell us how much of a larger mortgage you can qualify for, assuming you are increasing the mortgage to gain access to your equity.
b. Determine what the home value is. Sometimes this requires a full appraisal. This value is what we use to establish your available equity.
c. Review of your existing mortgage. What is owing and how flexible are the terms of your mortgage to restructure for taking out equity.
Maybe you are in your starter home and your family has outgrown the current ‘digs’! See what you qualify for now with the pre approval. This process will help in keeping you on track with this type of move. There are experts that we work with that guide you along: Real Estate Agents, Lawyers, Brokers, Appraisers. We’ll keep it simple and stress free for you!
For help in understanding your credit rating, please feel free to give me a call to review the report with you should you choose to look into it prior to borrowing.
If you have past financial problems such as bankruptcy or foreclosures, or credit collection history, there are steps you can take to re-establish your credit and get you back on track for future borrowing. I can also help with these inquiries and recommend solutions as well as refer you to companies and associations that help with scarred credit.
It’s never too late to get started on credit, or to repair it!
Congratulations, you're about to change your life! If you are ready to get started, or want to find out more about your options, quickly fill out a simple application: