Why use a mortgage broker?
While the banks can only offer you their own products, we have access to a number of lenders that provide a wide range of mortgage […]
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Why choose The Mortgage Centre We Connect?
We’re a well-established, local mortgage brokerage that offers expert guidance, advice and competitive rates. We work together to make your home buying experience effortless. We’re […]
Read moreHow much do your services cost?
Our services are free to use. The lender pays us when your mortgage funds. There are some cases when a private mortgage is required and […]
Read moreHow much do I need for a down payment?
Mortgage insurance products allow home buyers to put as little as 5% down payment on a home. We can help you decide how much of […]
Read moreWhat is the benefit of getting pre-approved?
A mortgage pre-approval is just like applying for a mortgage, but it’s done before you shop for a home. You will determine how much you […]
Read moreWhat is the best term to consider?
Usually the shorter the term, the lower the rate. However many people prefer the comfort of a longer mortgage term for its stability. We often […]
Read moreWhat is a high ratio or insured mortgage?
When you purchase a home in Canada with less than a 20% down payment, it is considered a high ratio or insured mortgage. Canada Mortgage […]
Read moreAmortization
The length of time it takes to repay a mortgage loan in full with interest at a given interest rate.
Read moreAssumption
The taking over of the mortgage debt and obligations from the owner of the mortgaged property.
Read moreBinding Purchase & Sale Agreement
An agreement is considered binding when both parties have signed and agreed to all of the terms of the contract. This would include a signed […]
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