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Lower rates are just the beginning...
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It's the largest investment you are going to make...
The process of purchasing your first home can seem so overwhelming. Even if you
have owned a home previously, buying real estate and trying to find the "best "
mortgage can be very exhausting. That's why it is so important to surround
yourselves with professionals who are ready to make the process as stress free
as possible.
Many people have spent too much interest on their mortgage simply because they did not take time to speak to a professional. Today's mortgage market is more competitive than ever before, making it even more important to ensure that you are an informed consumer. You could spend weeks trying to filter through the maze of information out there, and still make a poor decision. Call today and have a professional work for you at no extra cost.
Paula Siemens will review your file, helping you to determine which lender has the best product for you and she will sort through the immense numbers of options out there. You will save time, energy and money by working with a professional mortgage consultant. |
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| Articles : Lower rates are just the beginning.. |
| on Tuesday, September 28, 2004 - 03:59 PM PST Posted by : Admin |
 GE'1s First Mortgage Family Plan...
Home buyers purchasing properties for immediate family members to live in can purchased with as little as a 5% down payment. Eligible Properties:
• Maximum 2 units where at least 1 unit must be occupied by the immediate family member as the principal residence
• Property must be in good condition with good marketability
• Must be located in a municipality with proven resale market stability
• Available on new construction or existing properties Borrower Qualification:
• Applicant(s) purchasing the home for a family member, must have clean credit, stable employment/income, down payment from own resources, positive net worth. (This product is not intended for a resident family member that has poor or delinquent credit)
• An immediate family member is defined as a father, mother, child, brother, sister, grandparent, legal guardian, or legal dependant. • All qualifying applicants, including the resident family member, must be on title.
Have you chosen the right product?
No Ceiling For 5% Down Purchases
CMHC announced that they were removing the $300,000 ceiling price for purchases. This means that you may put down 5% down on any price. |
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| Articles : Have you chosen the right product? |
| on Tuesday, September 28, 2004 - 12:26 PM PST Posted by : Admin |
Now, do the same for your mortgage
By "tendering" your mortgage, Paula Siemens can find you interest rates up to 1-1.25% (o.a.c.) lower than the majority of lenders' advertised rates. For even $150.000 mortgage over a five-year term, this amounts to a savings of almost $5000.
Paula Siemens will help you understand how diffrent rates, terms and conditions can affect the lifetime cost of your home, your monthly payments, and financial flexibility. We can help you make your decision as an informed customer. |
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