Homes On The Sunshine Coast

  • Home
    • Meet Barbie and Shay
    • About Barbie & Shay
  • About Coldwell Banker
    • Coldwell Banker Supports
  • Properties
    • Active Listings
      • Building Lots
      • Homes
      • Waterfront
      • Development Properties
    • luxury real estate sites
    • Commercial
      • For Sale
    • Recent Sales
    • Sunshine Coast Statistics
    • Map of Active Listings
    • Pin Point Map Search
    • IDX Map Search
  • MLS® Search
    • Sunshine Coast Homes For Sale
      • Gibsons
      • Roberts Creek
      • Sechelt
      • Pender Harbour
      • Halfmoon Bay
    • All Greater Vancouver Real Estate Listings
  • Resources
    • District & Area
    • Transportation
    • Services
    • Retirment Living On The Sunshine Coast
  • Investment
    • Residential
    • Commercial
    • Development
  • Ultimate Service
    • Testimonials
  • Blog
  • For Buyers
    • Find Out How We Make a Difference
    • Do You Buy Now or Wait?
    • 10 Mistakes Buyers Make
    • Closing Costs
    • Buyer Guarantee
    • Buyer Survey
  • For Sellers
    • Selling Your Property
    • Learn How We Make a Difference
    • Seller Guarantee
    • Seller Survey
  • Contact Us
  1. Blog
  2. good-mortgage-advice

back to article list

Good Mortgage Advice

Welcome to the Homes On The Sunshine Coast Blog

 Many Buyers looking to buy a home need to get financing in order to complete a successful purchase.  Understanding mortgages and getting the best answers to your questions is imperative to a positive outcome.  The following is information brought to you from a leading mortgage broker...

The Value of Expert Mortgage Advice.
 
aka The Perils of Choosing a Mortgage by Rate Alone!
OR…Drat, Now what do I do?!
  
When it comes time for the average Canadian consumer to consider his mortgage financing options, either for purchase or refinancing purposes, he is faced with a dizzying array of possibilities.  Just like a sparkling, colourful candy store, there are delightful, delicious opportunities on every shelf.  Unfortunately, just like with any sugar rush, the long term results can often leave him feeling dissatisfied and lethargic.
 
Of course, the lowest rate on your mortgage would appear to be the logical choice, why pay more?  However, rate is only one of the factors to consider when designing your long term financing plans.  Make sure you read the ingredient list!
 
Does your low rate mortgage provide limited prepayment opportunities?  This may sound cynical, but the lenders who offer the low rate, no frill mortgages actually still want to make money!...They have created mortgages with very limited prepayment terms to ensure that they will regain their profits over the duration of the term of the mortgage.  Why not choose a mortgage designed to accommodate your changing lifestyle needs.
 
Does the term of your mortgage match your life plans?  Sure, the 5 year mortgage rate was great, but you knew your company was considering you for a promotion and transfer in 2 years, and now there is a hefty penalty to pay off your mortgage early!  Too bad your lender doesn’t offer portability or assumption options!  Or better yet, your broker should have advised you to choose a term in keeping with your life plans!
 
Who is the lender?  Do you have a mysterious 1 800 # to reach your lender or do you have access to over 1100 branches nationwide offering extended hours and 6 day a week service?
 
Is your mortgage advisor providing you with a custom financing solution?  Did your meeting with the mortgage  broker start and end with him showing you the lowest rate on the market…..or did your experienced  Mobile Mortgage Specialist discuss your current and future financial situation and then outline the best custom financing solution for your unique needs?
 
Make the long term, healthy choice….avoid high fructose corn syrup AND flashy, misleading mortgage products!  “Visions of sugar plums…” are great in their place, but not when making one of the biggest financial decisions in your lifetime. 
 
Call your TD Canada Trust Mobile Mortgage Specialist today and have them design your custom financing solution.
 
 
Erika van der Grinten
Mobile Mortgage Specialist
TD Canada Trust
Tel:   604 740 2694
Fax:  1 888 781 9592
erika.vandergrinten@td.com
 
Your Sunshine Coast Mortgage Expert!

Erika has helped many of our clients to complete successful home purchase transactions.  Give her a call and set a time to talk about your financing needs and to get Pre-Approved for your mortgage.

If you are in the market to buy or sell we will be happy to talk with you and help your to realize your Real Estate Goals.   Call us for an appointment.

Barbie and Shay
Barbie 604 741/1239
Shay 604 989.9888

Reaching YOUR Goal is OUR Mission
 


This entry was posted on December 5th, 2010 by Barbie Whitworth | Posted in General

Categories

  • General
  • Listings

Archives

  • August 2018
  • May 2018
  • March 2018
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • January 2016
  • October 2015
  • July 2015
  • May 2015
  • April 2015
  • March 2015
  • January 2015
  • December 2014
  • October 2014
  • September 2014
  • August 2014
  • June 2014
  • April 2014
  • February 2014
  • January 2014
  • November 2013
  • October 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • November 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010

ATOM RSS RSS 2

Homes On The Sunshine Coast Real Estate Blog

Enter your email address:

Delivered by FeedBurner

Join Now!

Good Mortgage Advice

  • Disclaimer
  • 604 741 1239

Copyright © 2019. Homes On The Sunshine Coast. All rights reserved.

  • Privacy Policy
  • Sitemap
  • Real Estate websites for Agents