Bad Credit Welcome!
Mortgage needs are unique and vary based on the individual's
requirements. Whether it is for Commercial, Residential, Renovations
or Debt Consolidation, we can help you choose the option that works
best for you.
There are two basic types of mortgages. An
open mortgage allows you the flexibility to pay off
some or the entire mortgage at any given time, without any
penalties. On the other hand a closed
mortgage will not allow that prepayment option but the
interest rates are generally lower.
A variable rate mortgage
allows the benefit of fixing your payments for up to two years, but
the interest rate will fluctuate as the prime rate changes.
Therefore what is being applied to the principal and interest will
fluctuate accordingly.
A rate capped mortgage is a
variable mortgage rate with a safety net. It established a maximum
mortgage rate for a five-year term. Therefore if rates go up beyond
that maximum, you are protected. If rates go down, your rate goes
down just as it would with a variable mortgage.
You don't have to be shocked at the cost of bringing your dream
to reality. We have all the tools and knowledge to help you get what
you want at an affordable cost.
Our aim is to put a smile on your face and let you live the life
you deserve.
This is just a short overview of the various options available.
For more information, contact us through our easy online application
or call 1-866-268-8889.
|
GENIE
