Danny Bell
Mortgage Broker - M13001996
Tel: 905-426-4200 | Cell: 289-200-9061 | Fax: 905-426-4201
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...
Conventional/Uninsured PurchaseMinimum 20% down paymentPurchase price can be above $1M “Sliding scale” financing applicable on some purchase prices above $1M (depending on lender/bank)For example: $1.5M purchase price might offer 80% financing...
With inflation on the rise in April, economists say the BoC is likely to raise the overnight lending rate again. This will impact variable rate mortgages and lines of credit. Read more here: There’s a chance of a BoC rate hike this week, but...
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Learn MoreThrough training and certification, we have a good understanding of available products, features, and rates. We are here to keep your mortgage moving forward with our Mortgage Market technology, we have electronic access to various major lenders in Canada, so you’re not tied to one lender or one type of mortgage.
Learn MoreWe understand that mortgages can be confusing and intimidating. To help demystify the process, The Mortgage Centre provides a glossary and a variety of free calculators to assist you in researching, and planning your mortgage.
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