Just some things we get asked a lot…
People have a lot of questions when it comes to getting a mortgage, whether it is their first or they’re looking at their 5th property. Here are some of the common ones we see.
Do I need great credit to get a good mortgage rate?
Great credit is good for a lot of things, including mortgages, but we have lenders and options available for all kinds of credit and income situations. Ask us about our options for you.
What is the difference between a Mortgage Broker and my Bank?
Mortgage Brokers work with a variety of lenders and financial institutions and can offer products better suited to each of their individual client’s needs. Banks can only offer their products, which may not be the best suited to that client.
How much can I afford?
Affordability with a mortgage is determined by a number of factors, including income and down payment. Speak with one of our Mortgage Planners to get a pre-approval in place before you start shopping for a property.
What will the mortgage rate be?
The rate you qualify is based on a number of factors and the products currently available. Rates provided online are generic based on good credit profiles and qualifying information. Every mortgage is different so give us a call to discuss what we may be able to do for you in terms of rate.
As a Mortgage Planner at City Wide Mortgage, I feel it is important to have a full understanding of a client’s financial goals so we can provide the best plan for today, 5 years from now and long term. Whether you are purchasing, looking to renovate a home, transferring a mortgage or re-finance an existing mortgage, my role is to guide you through the best products and services available for your financing needs.
What my clients say
Cheryl is well versed in mortgages and does an exceptional job of promoting a sense of comfort and ease for her clients during the process. She is professional, accessible and is prompt with her replies. You are in good hands working with her.
It was a pleasure working with Cheryl. I truly felt she had our best interests at heart. She was always available for to answer questions, listened and understood our needs and most importantly, got us a great rate! I’d highly recommend her.