For the purchase of Calgary Real Estate you should call a mortgage broker first and not as a last resort.
As an individual, if you make multiple bank inquiries while shopping for a mortgage, this will have a negative impact on your credit rating. This is due to the fact that each lender makes a credit bureau inquiry. A mortgage broker requires only one credit bureau inquiry to be sent out to multiple lenders. It's considerations like this that make having a mortgage broker invaluable to you and best of all....IT'S FREE!
Shelkor Mortgage Brokers, licensed members of the Alberta Mortgage Brokers Association, are professionals whose primary expertise is locating funding for financing 1st mortgages, 2nd mortgages and equity take-outs for using to, as an example, purchase Phoenix Real Estate. They work with chartered banks, life insurance companies, pension funds, as well as corporate and private mortgage investment companies.
Shelkor brokers have the knowledge and experience required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing with the best rate possible. As a result, mortgage rates obtained by a broker are among the best available on the market.
You deserve professional representation from someone that's on your side....give Debbie a call!
Mortgage Rates
( as of August 5 ,2010 )
| 1 year |
2.54% |
| 2 year |
3.09% |
| 3 year |
3.54% |
| 4 year |
3.79% |
| 5 year |
3.89% |
| 7 year |
4.80% |
| 9 year |
5.35% |
| 10 year |
5.35% |
| 25 year |
9.15 % |
| Variable |
2.15 % |
15, 18 and 25 year great rates are
available as well as 35 year amortization
(rates subject to change without notice)
