Quick Mortgage Definitions / Terms / Facts
Is my personal information safe?
Absolutely. Your privacy and security is of the utmost importance to us. After logging into this system, your information
is encrypted so your personal information cannot be accessed or viewed by anyone without the proper privileges. We
maintain the highest level of security and data encryption available throughout your loan process.
May I pay additional points to reduce my interest rate?
Yes, you may pay additional points to lower your interest rate. During the application process, you will select
what rate and fees you would like.
Is my personal information safe?
Absolutely. Your privacy and security is of the utmost importance to us. After logging into this system, your information
is encrypted so your personal information cannot be accessed or viewed by anyone without the proper privileges. We
maintain the highest level of security and data encryption available throughout your loan process.
What is a FHA Loan?
The Federal Housing Administration FHAloans are offered by the the Federal Government and can be acquired with as little as 3.5% down payment. FHA mortgage loans also provide low closing costs or wrap your closing costs and fees into the loan.
Steps to Getting a Ontario Mortgage?
Get a Free Credit Report!
The first step to getting a Ontario mortgage is to know your credit score.
Understanding your credit report is a critical part to getting your mortgage.
Raise your score while you shop for your Ontario home to get the lowest rate at closing, with a few easy steps you can easily raise your score in within a few months.
Get your Credit Score
Build Your CreditPrequalify today for a new MasterCard that matches your credit profile. Risk Free. Start Now.
Increase Your Credit Score
Increase Your Credit Score – When you make your payments regularly, you improve your credit rating. Once your pre-payment penalty period is over, you should be able to refinance your mortgage loan for a much lower interest rate. After your bankruptcy has been discharged for over 2-3 years, you should have a much easier time qualifying for a lower interest rate mortgage loan.
Lending Tree Mortgage Calculator
Compare Ontario local and national bank lenders.
Ontario Mortgage Lenders are among some of the most stable and succesful in the country. Now is the time to get a new or refinanced mortgage while CANADA interest rates are low!
Mortgage Qualification Guidlines
The significance of having a clean or the slightest a perfect record cannot be over overemphasized when it comes to getting a mortgage loan. However, if you have had some small imperfections in your record, lenders provide considerations such as specified above. Knowing these, you can pretty much estimate if you would be able to qualify for a mortgage loan or not.
