Mortgage Brokers -Bradford, Ontario

Mortgage brokers Bradford, Ontario  can help you get a first, second or third mortgage for your property. Our goal is to provide you with a low interest rate mortgage and you can choose between fixed or variable rates of interest. We can also provide mortgages for people with bad credit, cottage property and commercial loans. We have specially trained brokers who handle home equity refinance, debt consolidation loans and self employed loans. When looking for financing, rates are not the only thing you want to look at. Mortgage brokers Bradford, Ontario can give you all the information to make the right choice about your 1st, 2nd or 3rd mortgage. We also have mortgage brokers in Newmarket, Ontaio and mortgage brokers in Barrie, Ontario.

Services provided by Bradford mortgage brokers

Appraisal – In most cases you will need an appraisal of your home or property in order to get a mortgage. Mortgage brokers Bradford, Ontario will arrange for an appraisal with a reputable company that is recognized by major lending institutions and private lenders. The appraiser will inspect the outside and inside of your home, notes and pictures will be taken indicating the condition of the property, a messy home or messy property surrounding the home will result in a lower appraisal value. We advise all clients to ensure that their property looks clean and presentable before the appraisal is done, this will ensure that the property will be appraised at it’s maximum value.

Legal – Bradford mortgage brokers always have lawyers complete all transactions regarding your mortgage. The basic functions of a lawyer are to search the property’s title to confirm that you are the owner, register or cancel any charges to the property and provide all parties with copies of the paperwork. In some cases a title may have additional charges or liens which also need to be discharged. Most lawyers also have “Errors and Omissions” insurance this covers the lawyer and homeowner just in case there were any mistakes when the property title was searched.

Private lender – In cases where a client may not qualify for a mortgage with a bank or other institutions, mortgage brokers Bradford, Ontario can arrange a mortgage through a private lender. A private lenders in Ontario will have less strict lending criteria regarding your income and the loan to value ratio for your property. Most private lenders will not exceed a loan to value ratio of 90% which is much higher than the regular bank ratio of around 75%.

Bradford Mortgage Broker Information

Bradford is the primary county for of the Town of Bradford West Gwillimbury, Ontario, in Canada. It over looks a prosperous farming community, known as Holland Marsh, which is located on the Holland River that flows into Lake Simcoe. Within the municipal boundaries are a number of smaller communities, including: Pinkerton, Bond Head, Dunkerron, Green Valley, Coulson, Fisher’s Corners, Newton Robinson and Deerhurst.

The village of Bradford was established to supply the agricultural interests of its surrounding area, for a short time in the mid-19th century, lumber was a major industry, since trees had to be removed before you could farm the land.

In 1824 John Thorpe and Mark Scanlon obtained a government grant for the construction of a mill on a stream north of the settlement, although the partnership ended in 1832, Scanlon went on to build two sawmills in the vicinity. Water power was the only source of energy at the time and as many as six different mills were located on Scanlon Creek at one time. The family of Thomas Maconchy, built a sawmill in Bradford at the bridge over the Holland River, in 1840.

Bradford’s downtown core is located at the intersection of former Highway 11 (County Road 4) and 88 (County Road 88). County Road 88 intersects with Ontario’s Highway 400, a limited-interchange multi-lane major thoroughfare that connects to Toronto in the south. This portion of Highway 11 is one of the few connecting routes between Highway 404 to the east and the 400 to the west, creating considerable through traffic. It can be tough to drive through the town on long weekends.
Public transit in Bradford is very limited. GO Transit has bus routes that connect to Barrie and Newmarket, and Bradford also has a station on GO Transit’s commuter train system. The GO Train service had its first run through Bradford in 1982. At the time, the commuter train went as far north as Barrie. in recent years the train service to Barrie was stopped.

Mortgage brokers Bradford, Ontario can provide you with free consultation services. There is no obligation or contract to sign and you can know within minutes if you qualify for a loan.