Simple! With over two decades of experience in the field and a strong background in finance, my expertise and understanding of the industry are unparalleled. I love what I do and look forward to working with new and repeat clients knowing I’ve helped them build the best foundation for their financial future.

If you’re still deciding on using an institution or a broker, there are a few things to consider. For example, financial institutions can only sell their products to the public. Because of this, they are unable to provide unbiased advice or much of a selection since by doing so, they risk losing your mortgage to another company whose product might just provide more value to you.

I provide mortgage products and services from a variety of lenders, not just one. Because of this, I can look at options from banks, trust companies, insurance companies, and credit unions for the best product, rate, and terms for your particular needs.

I can also negotiate on your behalf, structure deals to meet the criteria of the lenders, and get you a mortgage solution that works well. Remember, my primary role is looking after your interests.

To gain market share from brokers, the majority of lenders pay a finder’s fee for referred businesses. Due to the volume of business I do, the lenders pay fees promptly and to ensure the continued flow of business, they provide fast approvals. This allows my team to shop amongst various financial institutions for a mortgage rate and product that best suits my clients unique needs.

Another thing to note is if you deal directly with a financial institution and, for whatever reason, your mortgage is declined, you must begin the application process all over again with another lender. When you deal with my team directly, the application can be quickly redirected to another lender—or several other lenders—for consideration.

Are you considering taking out a mortgage loan to buy a house, or are you already paying off a mortgage? If so, it’s important to understand the concept of amortization. Mortgage amortization is the process of gradually reducing the balance of your loan by making payments over time. Let’s take a closer look at how mortgage amortization works and how it can help you save money in the long run.

How Mortgage Amortization Works

Mortgage amortization works on the principle that most people will pay off their loans through regular payments over time. Every payment that you make consists of both principal and interest, with each payment getting split up between them differently. At first, more of your monthly payment goes towards interest than towards principal; as the loan progresses, however, more and more of your payments go towards principal until eventually all the principal has been paid off. This gradual reduction in principal is known as “amortizing” a loan.

The Benefits of Mortgage Amortization

Mortgage amortization has several advantages for homeowners. First, it allows homeowners to build equity in their homes faster than they would otherwise be able to do so—as they pay down their loans over time, they increase their ownership stake in their homes accordingly. Second, it helps homeowners save money on interest costs because as they reduce their loan balance, less interest accumulates over time—which means lower overall costs for the homeowner. Finally, mortgage amortization provides borrowers with a fixed repayment schedule that makes budgeting easier; since each payment remains constant throughout the life of the loan (barring any changes to your interest rate), understanding what your monthly payment will be is much simpler when you have an amortized loan than when you have an adjustable-rate mortgage (ARM).

Mortgage amortization can be a powerful tool for homeowners looking to build equity in their homes faster while also saving money on interest costs along the way. By understanding how this process works and how it can benefit them financially over time, homeowners can make sure that they are getting the most out of their mortgages and putting themselves in a better position for future home-related investments. Whether you’re about to take out your first home loan or are already making payments on one now, understanding mortgage amortization is key to maximizing your savings and building wealth through real estate investment!

Call your mortgage agent!!

There may be a few options for current / maturing mortgages that you can consider when your mortgage is reaching the end of its term.

REFINANCE : If interest rates have dropped since you took out your mortgage, refinancing may be a good option for you. This involves breaking your current mortgage, and taking out a new mortgage to pay off your existing one. You may be able to lower your monthly obligations by extenidng your amortization.

RENEWAL : If you are happy with your current mortgage terms, you may be able to renew your mortgage with your current lender. This means that you will essentially start a new mortgage term with the same lender with the new rates/ terms they are curretly offering.

PAY OFF THE MORTGAGE : If you have the financial means, you may be able to pay off your mortgage in full when it matures. This means that you will own your home outright and will not have any more mortgage payments to make.

SELL THE PROPERTY : If you no longer want to own the property, you may be able to sell it and use the proceeds to pay off your mortgage.

It's important to carefully consider your options and choose the one that is best for your financial situation today AND in the future. You may want to speak with a financial advisor or mortgage agent to help make the decision.