Some home owners may run into a situation where the total debt on the home is more than the market can sell your home for. In BC, the easiest solution to this problem is to wait it out. In Vancouver, Burnaby, Surrey, Coquitlam, Port Coquitlam, Delta, Abbotsford, Mission and Chilliwack, real estate is hot! But this solution is not always workable. People that are obligated to sell may need to be more aggressive than a simple “wait it out” strategy.

Being prepared is everything. Examine your finances and review how much you have as a down payment. This can be a frustrating task if you are not prepared. But don’t worry we have a simple 3 step approach system. There are literally thousands of mortgage brokers, bankers, lenders, credit unions, stock brokers and financial firms. They all offer thousands of different packages to the Canadian credit markets Would you like free advice and education on how to get started? You have a resource of websites, newspaper articles, mortgage books, financial planners, workshops, real estate agents, lenders and mortgage brokers. Many of these people are eager to help educate the public about the current lending packages available to Canadian business.

So you’ve found your perfect home in Abbotsford and you’re ready to move in! The mortgage world can sometimes be confusing. Let’s get right to it and explain how to utilize the local tools here in Abbotsford for your local mortgage needs. To begin, find out what your credit rating is. Stats Canada can provide you with your score. Your credit score will give you a lot of information. It is always a good idea to review your credit report once every 6 months as there may be errors.

Let an expert take care of getting you a better rate Because I study mortgage rate markets and have direct access to several different lenders, I can offer you highly competitive rates that are among the best available. And, while you may not enjoy negotiating with financial institutions, that's my specialty. I'll make sure you get the most attractive rate currently on offer.

Mortgage Broker Shane Harder A mortgage broker is an independent agent that communicates directly with the mortgage lender. Traditionally, banks and other lending institutions have their own products. Because mortgage rates has become more competitive, the role of the mortgage broker has become more popular. Mortgage brokers today offer more deals then banking representative and are now the largest client sources for lenders. Because every individual is different, a mortgage broker will examine multiple packages to find the best mortgage product suits your individual circumstances.