Danny Bell
Mortgage Broker - M13001996
Tel: 905-426-4200 | Cell: 289-200-9061 | Fax: 905-426-4201
When it comes to structuring your mortgage, you have options for payment frequency: Monthly, Semi-Monthly, Biweekly, Weekly, or the game-changer - Accelerated payments.While there's a common belief that bi-weekly payments are the best money...
Good news! The Bank of Canada has left its overnight target rate unchanged at 5.00%, as was widely expected by markets. The overnight rate is directly correlated with financial institutions Prime Rate, which impacts variable rate mortgages and...
Imagine a mortgage approval as a three-legged stool, with each leg representing a crucial element:1) Property2) Income3) Credit Just like a sturdy stool, all three legs need to be strong. If even one is weak, the stability of your mortgage can...
Want to know what differentiates a "Type A" property for mortgage financing purposes? Here's a checklist: Type A PropertyFoundation must be permanent and installed beyond the frost line. This includes concrete / concrete block or preserved wood...
PRE-APPROVALAn assessment of your financial situation, indicating the maximum loan amount you qualify for. It helps determine your budget and secures an interest rate hold for up to 120 days. A pre-approval is the first step in the home-buying...
As a mortgage broker, I offer OPTIONS, SAVINGS & SERVICE with NO FEES (Subject to credit approval). The bank pays me!I can help with:Purchase financingRenewalsInvestment propertiesCottagesEquity take-out optionsSelf-employed solutionsDebt...