We can walk you through the types of mortgages to help you select the right one for your financial goals.
One of the best reasons to work with a mortgage broker instead of reaching out to individual mortgage lenders is that you can learn about more types of mortgages and get advice on the best one for your situation. As mortgage brokers at Centum Mortgage Store, Ltd., we work with more than 20 lenders, including some exclusive to our brokerage. We have the expertise to match you with the right mortgage for your needs and negotiate to get you favourable terms on any of the types of mortgages available.
We take the time to learn about your financial goals so that we can best advise you. For example, if you are considering buying a “fixer-upper,” we might suggest considering a mortgage that covers the purchase plus improvements so you can get right to making the home the finished beauty you envision. This can be done for a personal residence or an investment property with the right mortgage. If you have been in your home a while and need to upgrade it, consider a home equity line of credit, home refinancing, or a renovation loan.
Another unique type of mortgage is a reverse mortgage. This is an ideal option when you have retired and have significant equity in your home but could benefit from the monthly income provided with this style of mortgage.
Whether you are quite familiar with the types of mortgages available or are more like a mortgage newcomer, you can rest assured that we will work diligently to secure you the right type of mortgage for your short-term and long-term financial goals. Contact us today to get started.