Q: Why should I choose you over my own bank?
Furthermore, we don’t only help those that get denied by their banks, which is a common misconception. Although it’s true that we help community members that are declined by their banks, CMS also helps homeowners and homebuyers with great jobs, excellent credit, and have lots of equity in their homes. Remember, we have access to a wider variety of solutions!
Q: Can I get a mortgage with bad credit? My bank, who I’ve been with for many years, has already declined to help.
Q: What is Home Equity?
Q: Why would I want to consider an Equity Take-Out over other types of loans?
Q: I’m just calling around, what's the best rate you can offer me?
For example, the lowest rates in today’s market are applicable to borrowers that require a “high-ratio insured mortgage” for the purchase of their home. This means that borrowers must be purchasing and would need to put less than 20% on a purchase of less than $1 Million. However, you may be looking to refinance your existing mortgage, which then disqualifies you from those advertised rates. We choose not to bait and switch our clients with rates because it is poor practise. By that we mean, we will not promise a specific rate that we can offer you without assessing the factors that will affect the approval of that rate. No institution, brokerage or lender can accurately predict if you will qualify for their lowest rates without first determining your qualification for those rates. The best way to determine the best rate for YOU is to set up a consultation with us (5-10 minute phone call at most). Don’t worry, you won’t be wasting our time and we definitely won’t waste yours!