Borrowing is like playing Super Mario. The trick is to know where the power ups are — where to jump for more borrowing power and what to duck for lower rates. We can help.
We bring expertise to your borrowing. That experience shows up as extra borrowing power and qualifying for a lower rate. Hopefully both.
For mortgages, these are a few of the things what we do to ‘jump’ your borrowing power:
- Fit the right lender to your situation. Lenders use “mortgage products” (awkwardly named, huh?) that apply broadly to borrowers. We know where you’ll fit best and are able to talk directly to the lender that makes the most sense for you.
- Being able (and willing) to look at your situation and say “If you contribute $X to your RRSP or wait until your bonus pays out, you’ll have $20,000 more in a short period of time.
- Planning and presenting your mortgage application in a way that lenders value. This is particularly important for self-employed mortgages and refinances.
- Knowing where gifts, co-signers and other savvy moves can give you extra bounce.
This is what we do to help you ‘duck’ higher rates:
- Turn bruised credit into a quick-fix-it list. A small change in your credit score might take you from a B lender to the better rate of an A lender.
- Take your bank’s interest rate and have lenders compete for your business. Here’s a little secret that mortgage brokers won’t tell you. If a bank really wants your business they’ll match or beat the best rate that we can get you from another lender. This means we don’t get paid, but all’s fair in love and mortgages.