E-mail- Mortgage Basics
- Home Mortgages
- Open vs Closed
- Variable vs Fixed
- Mortgage Documents
- Closing Costs
- Repaying Capital
- Down Payment
- Mortgage Payments
- Mortgage Loans
- Mortgages & Income
- Mortgage Lenders
- Mortgage Insurance
- Credit Score Information
- Mortgage Credit Score
- How to pull your credit
- Tips to improve credit
- Refinancing & Renewals
- Second mortgage
- HELOC
- Mortgage Refinance
- Mortgage Renewal
- Debt Consolidation
- Refinancing
Residential Loans
Whether it's a home purchase, a pre-approval, a HELOC, land purchase, a renewal or just some friendly advice, we can help. Speak with one of our agents to see how we can assist you.
Refinancing
Are you looking into a second mortgage, mortgage refinancing, debt consolidation or a home equity loan? You're at the right place - our agents can help you find what you need.
Rent to Own Program
Are you tired of renting, but not yet ready to buy a home? Ask us about our rent to own program and benefit from a low down payment. Start building equity now.
Debt Consolidation
Do you want to lower your monthly payments, get a lower interest rate and improve your credit score? Contact us to and get closer to living debt free.
Improve Your Credit
Do you need help building or rebuilding your credit score? We can help you obtain a secured credit card for a brigther financial future.
Commercial Loans
Are you interested in expanding your business? Speak to us about obtaining a financial loan and we'll pair you with the best product available.
Payment Processing
Are you an entrepreneur or small business owner? We can provide you with various payment processing options. Contact us to see how we can help.
Improving Your Credit Score
Improving your Credit Score takes time, patience and most of all, diligence. You must be on time with all your financial obligations and pay extra on your debts when you can. Below are some tips to help you achieve your goals.
Tips to improve your credit score and to obtain a lower interest rate:
- Pay extra on your debts whenever you can afford to. Just $20 a month more on any bill is $240 more yearly than you would be paying otherwise.
- Never go over your assigned credit limit – and leave extra room for the interest that will be charged at the end of the month.
- Try keeping credit card balances from 4% to 12%. High credit balances cause your Credit Score to go down, while low balances increase your score. You must continue to use your credit card wisely to achieve the best results.
- Pay off (or make arrangements to pay off) any outstanding debts that you have in collections immediately. The sooner you take care of your financial problems, the sooner you can improve your score.
- If you have bad credit, obtain a secure credit card to begin re-establishing your credit immediately (hyperlink Secure credit card)
- The best way to increase your Credit Rating is to purchase items that can be paid off the moment the bill comes. Through purchasing and paying on time constantly, your Credit Score will slowly increase
Factors That Do Not Affect Your Score
- Age – your age does not affect your credit score
- Income – Income is very important to mortgage lenders as it gauges your threshold for debts, but it does not effect your Credit Report. Learn how income affects your mortgage qualification.
- Where you live – where you are located in Canada does not affect your Credit Score.
- Interest Rates – the rate of interest being charged on your financial obligations does not affect your Credit Score.
- Social support – social assistance such as childcare or disability income are not tracked by credit agencies and does not affect your Credit Score.
- Your inquires – if you personally access your Credit Report, it does not effect your credit score.
