Our mortgage brokers in Montreal can help you get the mortgage or loan that you need. We can refinance first and second mortgages with low interest rates loans. We can also arrange mortgages for people that have poor credit or are self employed. Please call or send an email to get a free quote on your mortgage.
Our mortgage brokers in Montreal can provide either fixed or variable mortgages. A fixed-rate mortgage is a loan with monthly payments set at a fixed rate. A fixed-rate mortgage gives you the confidence of knowing what your payments will be every month. A variable-rate mortgage involves payments dependent on interest rates. For example, if the interest rates go up, your monthly payments go up.
Our lenders understand that many people have a poor or bad credit rating. They also know that credit ratings do not tell the whole financial story. There are many reasons why a person has a poor credit rating. You may have too many credit cards or even mistakes by the credit rating agency. Private lenders for mortgages do not base their lending decision on your credit rating. Even if you have a bad credit rating it is still possible to get a mortgage with reasonable interest rates.
The condition of your property will have a significant impact on whether you will get a loan and the amount of the loan. Many lenders in Montreal will go to inspect the property and to talk to the property owner. The lender is trying to determine if the is being maintained in good condition or if the property is falling into disrepair. A property that is deteriorating will fall in value making it hard to sell at fair market value in the future. We recommend that all property owners clean the inside and outside of the property. Fix any problem areas and paint over any unsightly spots. These efforts will make getting a mortgage much easier and get the borrower more favorable terms on the mortgage.
Call our Montreal mortgage brokers for a free consultation on your mortgage.
Follow this link for the City of Montreal.