Mortgage Canada Rates - Marcus Arkan

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To apply for a loan of your choice, please fill in the online application form. The detailed form will let me assess your financial situation and help come up with the best mortgage solution for your needs.

Home Purchase

Purchasing a new home is a big step in anyone's life. Whether it is your first home, second home, rental or vacation property, we want to make the process seamless and enjoyable. In today's market, finding the right mortgage can be very complicated. Consulting a mortgage professional can drastically reduce any confusion arising from the overwhelming number of products offered by various financial institutions.

At Syndicate Mortgages, our goal is to make sure that home buyers are fully aware of every option that is available to them. After assessing your situation, we will find you the perfect mortgage product to suit your individual needs.

Let us focus on getting you the right mortgage, while you focus on getting into your Dream Home! And for First Time Home Buyers, click to read the article below for more information.

First Time Home Buyers – Answering Frequently Asked Questions

This is an exciting time for first time home buyers!  There are many things you need to know to get you started down the road to owning your own home.  You should never enter the market with more questions than answers, so here are some answers to the most frequently asked questions concerning purchasing a home for the first time.

Mortgage Renewals

Renewing your mortgage is as important a financial decision as selecting your first mortgage. While renewing your mortgage, you are usually in a stronger financial position as compared to where you were before. Your home equity grows over a period of time and by decreasing your principal mortgage loan balance, you are in a good position to negotiate.

At the time of your mortgage renewal, banks tend to take advantage of your busy schedule and ask you to sign off on a mortgage renewal form indicating their posted rates with little to no discount. Many individuals simply sign their existing lender's mortgage renewal form without trying to get a good deal on the new mortgage. This results in a higher rate and a mortgage package that does not cater to your individual needs.

In getting your first mortgage, you most likely researched various lenders, asked questions and consulted with a mortgage broker. Renewing your mortgage should be no different.

With the help and guidance of a Syndicate Mortgages Professional, you could get the most out of your mortgage renewal. This will allow you to pay off existing debts, clear high-interest credit card bills, access extra funds renovate your home or simply get the best mortgage rate available.

If you would like to receive a free quote  contact us to speak with a mortgage professional today!

Mortgage Refinance

There are a number of different reasons why a person may have to consider refinancing. This can be a difficult and lengthy process if not using the services of a professional broker. There are several steps that one can start if interested in starting over with refinancing their loan. A little bit of research goes a long way, with over 70 lenders available in Canada. Navigating one's way through this sea of lenders can be somewhat confusing, which is why it's helpful to have a professional to help lead the way. Many times this can be undertaken at no cost to you.

The first step towards refinancing one's mortgage is to sit down and go over your situation with a professional broker who will know the ins and outs of mortgage refinancing rates, as they apply to your specific situation. There are a number of factors that could influence one's status, including credit rating, employment, term of the mortgage, and others. A professional broker is able to sit down and determine which of these apply to you and the rates at which you will need to renegotiate towards.

Equity Loans

Whether you want to refinance your existing mortgage or make use of your Home Equity for any purpose that you desire, the decision to refinance requires proper planning and consideration of several factors.

A well qualified mortgage professional can be of great help to secure the best deal for you when you plan on refinancing. From consolidating several debts into one, to lowering monthly payments and getting ready cash-in-hand, refinancing was never this easy!

Just fill in this simple online form with your details and click submit, and a Syndicate Mortgages Professional will get back to you with a refinance solution that best suits your needs.

Commercial Mortgages

Syndicate Mortgages has various resources for commercial lending. Our Mortgage Professionals can arrange a commercial mortgage quickly and conveniently. Why not save yourself the time and let us do the work for you?

Commercial lenders have different criteria for each situation. Take advantage of our resources and expertise when it comes to your commercial mortgage. Our agents are always available to discuss your situation and needs for a commercial mortgage.

Many commercial property owners are looking to expand their business to new levels of growth. Our resources are available to assist in refinancing your current commercial property for the purposes of renovations, franchising, expansion, company expenditures and better terms and conditions.

When lenders qualify customers for a commercial mortgage, the credit history of the business and its directors is taken into consideration, and the risk of the commercial venture itself is carefully evaluated. The better you can present a successful business plan, the more likely you will be convincing lenders to approve your loan on favourable terms. For instance, if an office building has good tenants and a positive, profitable track record, lenders will be more inclined to lend money to help an investor buy it than they would for a building with vacancies or negative cash flow.

Because commercial mortgages are tailored to meet the needs of the business community, they're the best option for those who need financing for commercial real estate ventures.

At Syndicate Mortgages, our team of commercial mortgage professionals have the experience needed to ensure that you receive competitive commercial mortgage interest rates.  Contact one of our mortgage professionals today!

Mortgages for Self Employed – Finding Viable Options

About one out of every five income earners in Canada are self employed. This is a fairly large demographic, and the statistics suggest it is continuing to grow. This promotes any self employed person to ask why it is so challenging to obtain mortgages for self employed workers through charter banks. The reason is because business owners who work for themselves subtract expenses from extra income, which is not something many banks recognize. What you need if you are looking for mortgages for self employed workers is a lender that will look at your credit history rather than a combination of your business finances and taxes.

All mortgages for self employed workers require proof that you have been self employed for three years or more. One great product that you might find works best for you is something called a low documentation, or low doc, mortgage. This applies if you are purchasing a new property or refinancing your current home as much as 90%. If you are refinancing, you will need its value appraised so you know what 90% of its value is. No proof of income is mandatory to qualify for this mortgage as your approval is based on your credit score, not your net worth. You then of course need a good credit history to qualify.

Click here to learn more.