Mortgage Purchasing and Mortgage Refinancing Mississauga & Area
For 27 years, Canadian Mortgage Services have been assisting clients with their mortgage purchases and refinances in Brampton, Mississauga, Oakville and surrounding areas. We know how to get you the best deals and service to make sure you have the best experience and results.
Mortgage purchases and refinances are very different, and therefore require different skills and expertise to properly execute a mortgage that suits your needs and financial objectives. Canadian Mortgage Services will work with you to access your mortgage for either a purchase or refinance anywhere in Brampton, Mississauga, Toronto and the surrounding cities.
Get a free consultation for mortgage purchasing and mortgage refinancing Oakville, Mississauga & Brampton
With a free consultation, we assess your long and short term financial goals to help select the right mortgage product. That’s right… a product! A mortgage is similar to any physical product you can purchase in a store or online. A mortgage requires some attention to the finer details, terms and conditions associated with that mortgage. Interest rates are important and will most likely be any client’s main objective. Aside from rates however, it is important to talk about the terms and flexibility of your mortgage including the length of term, type of rate, amortization, etc.
Mortgage Purchasing vs Refinancing Mortgages Mississauga & Surrounding Areas
For purchases, you may want to consider the duration of time you will spend in that home amongst many other factors. For a refinance, it may be smart to consider consolidating any high interest debt into your mortgage to allow you the flexibility of paying less while freeing up cash flow. We think that over time, Brampton home owners have been readjusted to focus primarily on the bank posted rates and less on ‘mortgage flexibility’. With our services, we will go through the extent of working out multiple scenarios for your purchase or refinance to ensure that you understand the difference between your options, therefore making it easier to draw on the pros and cons of each route.
Get mortgage advice you can trust
Quite often in the mortgage industry, representatives will lure clients in with promises of posted rates. Is that really all that is important in this entire process? This is the biggest investment of most people’s lives, one that deserves a little more attentions to details you may not immediately concern yourself with. If there is one thing we can tell you, it is that by using our services you will be guaranteed to walk away with the best mortgage you qualify for plus much more advice than would otherwise be disclosed to you by our competition. It’s as simple as that.
Canadian Mortgage Services is a mobile mortgage broker serving Brampton, Mississauga, Oakville, Toronto and the surrounding areas. If you’re looking for assistance with your mortgage purchase or refinance, you’ve come to the right place. You can trust our experience and expertise to get the best mortgage advice. Call us today at 905-455-5005 to book an appointment.
Q: What is the main difference between purchases & refinances, when it comes to mortgages?
Q: Is the approval process different?
Q: What are the differences in down payment requirements in a purchase vs refinance?
Also, its important to note that whereas in the case of a purchase, you are literally providing the down payment cash in this transaction but for refinance, you are retaining at least 20% of your equity (determined by an appraisal)