We offer both traditional and equity-based mortgages to suit a variety of financial needs.
Wanting to own your own home some day is a pretty universal desire, but many people hesitate to take steps to make that dream a reality. If you have held back on applying for a mortgage because you’re not sure that you would qualify for the traditional version with its income and credit guidelines, we at Centum Mortgage Store, Ltd. encourage you to call our team. We can help you apply for an equity-based mortgage that is better suited to your financial situation.
At Centum Mortgage Store, Ltd., we have access to more than 20 different lenders, so we can match you to the one that best suits your particular needs. If you are dealing with a nonstandard financial situation, we can match you to providers of equity-based mortgages that can work with the specifics of your case. As the name suggests, equity-based mortgages are based on the equity in your property, so they are a viable solution if you have a large down payment on your current home or have amassed significant equity on it through market appreciation. If you are self-employed and would have difficulty proving your income compared to someone who can simply get a form signed by their boss, equity-based mortgages offer another option. If you’re not sure whether this type of mortgage is right for you, you can reach out to our team to discuss it with an expert.
We at Centum Mortgage Store, Ltd. are proud to serve the Okanagan, British Columbia community, and we want to help you get the best deal for your situation. If you are interested in learning more about equity-based mortgages, just give us a call.