PERSONAL. PROFESSIONAL. PASSIONATE.

Mortgages in Calgary and its surrounding areas is my specialty. As a true Calgarian, I know that the city of Calgary is attractive, dynamic, safe, clean and vibrant. A city which offers the best of all worlds. The Canadian Rockies to the west; the Canadian Prairies to the east; There is no better place to live and
prosper than Calgary, Alberta, Canada. Let me help you obtain your mortgage in this wonderful city.

MyMortgage.ca - Experience

For over 6 years I was a licensed associate with Pro-Link Mortgage Inc. I am currently the Mortgage
Broker for VERICO MyMortgage.ca Inc. (also known as MyMortgage.ca). There are so many great advantages to working with MyMortgage.ca; mortgage financing and refinancing for traditional residential real estate, first and second mortgages and a wide variety of flexible mortgage options for clients who are self-employed and cannot verify income. We also offer mortgage financing for investment real estate, second homes and vacation properties. There is nowhere else I would want to continue to build my mortgage business.

Calgary Mortgage Broker - Know Your Mortgage Options

All clients are different, and each one has a unique situation. I treat all my clients with the attention and respect they deserve. Finances are your future, that's why I take an active role in helping simplify the financial and legal transactions to ease the process while ensuring that you are getting the best possible mortgage available. I work closely with both large public banks and small private trust companies in Canada. As a result, I am able to source (shop the market) the best possible mortgage rate.

MyMortgage.ca - Canadian Mortgage Programs and Options

  • Free Down Payment Mortgage
  • Flex Down Payment Mortgage
  • 25,30,35 Year Amortization
  • Self Employed Mortgage
  • Lines of Credit
  • Vacation Property
  • New Canadians
  • Second Mortgage
  • Equity Mortgage
  • Mortgage Renewals
  • Investment/Rental Mortgage
  • Mortgage Insurance Premiums
  • Debt Coverage Ratios
  • No Proof of Income Mortgage
  • Home Buyers Plan (RRSP

Canadian Mortgage Rules Change

As many of you are aware already, a news conference was  held yesterday morning in Ottawa by the Federal Finance Minister Jim Flaherty.  He announced three major changes to mortgage insurance rules which will affect all government backed insurance programs.

  1. All borrowers will need to qualify at a five year rate regardless of whether they are choosing a shorter term or a variable rate mortgage.  It is unclear whether this rate will be the posted or discounted rate as we await clarity for this question.
  2. Refinances will be limited to 90% LTV versus the current 95% limit.
  3. Non-owner occupied properties will require a down payment of 20%.

The good news is that rumours of a required 10% down for new home buyers on their principal residence and a reduction of amortization periods to 30 years are not currently being introduced.

These rule changes are scheduled to take place as of April 19, 2010.

Click HERE for the detailed press release.

 

 

 

 


Calgary Mortgage Broker ----------------------------------------------------------------------Calgary Mortgage Broker


Best Calgary
Mortgage Rates

Term Rate (%)
as of Mar 9, 2010

Mortgage News

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.

The ongoing global economic recovery is being driven largely by strong domestic demand growth in many emerging-market economies and supported in advanced economies by exceptional monetary and fiscal stimulus, as well as extraordinary measures taken to support financial systems.

Read More
A ‘reverse mortgage’ is a new way of borrowing money for people 60 or older and own a home or condo to qualify for a reverse  mortgage in Canada. The flexibility of never having to make monthly payments is why reverse mortgages are such an attractive option for thousands of Canadian homeowners. Read More

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