Don Nicolson from Centum Financial
Source can arrange mortgages with the lowest rates available (sometimes
more than 1% off the posted rate the major banks offer). These discounted
mortgage rates are then guaranteed while you get acquainted with the
Cambridge Ontario real estate market so that if interest rates go
up, your old rate remains the same. If rates decrease, your new mortgage
rate is re-locked and protected once again. This service can save
you thousand of dollars!
Mortgage brokers in Cambridge Ontario
can also explain different options that will save you even more money
such as the RRSP plan for first time buyers, minimum down payment
features and the benefits of paying your mortgage off with biweekly
installments. Mortgage brokers can often save clients from unnecessarily
spending thousands of dollars; however, to take full advantage, clients
need to proactively set up their finances and not wait until the last
moment.
The best part is that mortgage brokers
offer their services for free and there's no obligation. The mortgage
broker submits your application to several banks at once so that they'll
all offer their very best terms and rates right away as they know
they're competing with several other banks. If you're currently browsing
the Cambridge Ontario real estate market, click
here for your free, no obligation pre-approval.