Mortgage Solutions, Mortgages in Canada – Mortgage Brokers Ottawa #regions #mortgage


#mortgage solutions

#

Choosing the right mortgage solution can be an overwhelming task. At Mortgage Brokers City Inc. we take the time to learn about your unique situation and future financial goals. Each one of our professionally trained Mortgage Agents makes getting to know you and your requirements their top priority. It is only after learning about what is most important to you and assessing your individualized goals that we can make a strong recommendation based on your circumstances. There are a variety of mortgage options available to you. But which one should you choose? Open or Closed? Conventional or High Ratio? Fixed or Variable Rate? The combinations are endless and that is where our expertise and experience can guide you to make the choice that fits for you and your family.

Contact us

  • Mortgage Brokers City Inc
  • 788 Island Park Drive, Ottawa K1Y 0C2
  • Phone: 613-798-1973 | Fax: 1-866-354-6789

Follow us

Industry Partners

Mortgage Brokers City Inc. License #11759 Mortgage Brokers City is a franchise of The Mortgage Centre. Each Mortgage Centre office is independently owned and operated.


Mortgage Solutions, Mortgages in Canada – Mortgage Brokers Ottawa #mortgage #calculator #mortgage #calculator


#mortgage solutions

#

Choosing the right mortgage solution can be an overwhelming task. At Mortgage Brokers City Inc. we take the time to learn about your unique situation and future financial goals. Each one of our professionally trained Mortgage Agents makes getting to know you and your requirements their top priority. It is only after learning about what is most important to you and assessing your individualized goals that we can make a strong recommendation based on your circumstances. There are a variety of mortgage options available to you. But which one should you choose? Open or Closed? Conventional or High Ratio? Fixed or Variable Rate? The combinations are endless and that is where our expertise and experience can guide you to make the choice that fits for you and your family.

Contact us

  • Mortgage Brokers City Inc
  • 788 Island Park Drive, Ottawa K1Y 0C2
  • Phone: 613-798-1973 | Fax: 1-866-354-6789

Follow us

Industry Partners

Mortgage Brokers City Inc. License #11759 Mortgage Brokers City is a franchise of The Mortgage Centre. Each Mortgage Centre office is independently owned and operated.


Types of Mortgages – Mortgage Brokers Ottawa #house #loans #calculator


#mortgage types

#

There are many different types of mortgages available, so before you choose, here s some information you will want to know.

Conventional / Low Ratio Mortgages

A mortgage where the down payment is equal to 20% or more of the property s value/purchase price. A low-ratio mortgage does not normally require mortgage protection insurance.

High Ratio Mortgages

A High-Ratio Mortgage is one where the borrower is contributing less than 20% of the value/purchase price of the property as the down payment. These types of mortgages must have mortgage default insurance through Canada Mortgage and Housing Corporation (CMHC), Genworth Financial or Canada Guarantee; the three mortgage insurance companies in Canada.

An open mortgage allows you the flexibility to repay the mortgage at any time without penalty. Open mortgages usually have shorter terms, but can include some variable rate/longer terms as well. Mortgage rates on Open Mortgages are typically higher than on Closed Mortgages with similar terms.

A closed mortgage is a mortgage agreement that cannot be prepaid, renegotiated or refinanced before maturity, except according to its terms.

The interest rate of a fixed rate mortgage is determined and locked in for the term of the mortgage. Lenders often offer different prepayment options allowing for quicker repayment of the mortgage and for partial or full repayment of the mortgage.


Variable Rate Mortgages (VRM) / Adjustable Rate Mortgages (ARM)

These types of loans differ from a fixed rate mortgage in that the mortgage rate may be changed during the term of the mortgage. Generally, these mortgages are initially set up like a standard loan, based on the current interest rate. The mortgage is reviewed at specified intervals and if the market interest rate has changed, either changing the size of the payment or the length of the amortization period (or a combination of both), the lender then alters the mortgage repayment plan.

Home equity lines of credit (HELOC)

A home equity line of credit is a revolving line of credit secured by your home. You can borrow money up to the credit limit, which is usually a percentage of your home s value.

A HELOC is an option for borrowing on your home s equity, which is the difference between the value of your home and the unpaid balance of any current mortgage.

It is also possible to get a HELOC instead of a traditional mortgage. These products may be split into portions that you repay in different ways. For example, a HELOC may have a portion with a fixed interest rate and another portion with a variable interest rate.

  • Registered with a collateral charge: After a HELOC is set up, you do not need your lender s approval to borrow funds up to the credit limit, subject to the terms of the HELOC agreement.
  • Additional funds can be advanced: You can borrow money up to the credit limit on the HELOC, which is usually a percentage of your home s appraised value. After you make repayments, the funds become available for you to borrow again.
  • Variable interest rate: The interest rate for a HELOC is usually variable, so your payments may increase if rates rise.
  • Interest-only payment option: You may have the option to just pay the interest due on a HELOC instead of a set payment amount. However, be aware that making interest-only minimum payments will increase the overall cost of your loan and the time you need to repay it since you are not paying off the principal.
    It can be very easy to borrow more money than you can comfortably afford to repay with a HELOC. Make sure you will be able to handle repayments if interest rates and your payments increase in the future.
  • Ability to make prepayments: You can generally prepay any amount whenever you want on the HELOC portion without the need to pay a prepayment charge. Note that prepayment charges may apply to any other portions that have a closed term.

    Mortgage Brokers Ottawa #refinance #mortgage


    #mortgage grapevine

    #

    Welcome

    Everyone wants their mortgage experience to be simple, straight forward and effortless. That is why our focus has been on establishing an elite team of Accredited Mortgage Professionals to meet your borrowing needs. At Mortgage Brokers Ottawa we act as an intermediary between you and the largest lenders in Canada to secure the most competitive rates with the most favorable terms.

    Our powerful network of Accredited Mortgage Professionals (AMP’s) across Canada are licensed to serve you in the province where your property of interest resides.

    We have the confidence, competence and experience to get the job done. At Mortgage Brokers Ottawa we have infinite industry knowledge, world-class results and are committed to excellence. We take the time to understand your unique mortgage requirements. We offer time and cost saving opportunities, specialized knowledge, objective advice and superior customer service. Regardless of whether it s a new purchase, a debt consolidation or the refinance of an existing property, we are with you every step of the way. We are industry leaders and one of Canada’s most respected mortgage planning specialists.

    What are you going to do with the time and money you save?

    For more information, please contact us.

    Featured Broker

    Jennifer Anderson

    Calculators

    Mortgage Calculators, Mortgage Payments, Interest Rates

    Home Buyers Guide

    A Comprehensive Guide To Home Ownership

    Mobile App

    Download Our Mobile Mortgage Calculator App

    Rates

    Canada’s Best Mortgage Rates, Competitive Interest Rates on Loans

    Current Mortage News

    Must read

    September 6, 2016

    A new survey conducted by Manulife Bank suggests that nearly 40% of Canadians have struggled to cover their household expenses at least once in the past year.

    Barb Kramer joins the Open House team as they take all of your real estate and mortgage.

    With today’s record low rates, home owners are being tempted into buying a home. How important is it to budget while you’re in your.


    Pinecrest-Queensway Community Health Centre #pinecrest #queensway, #pqchc, #pqchc.com, #pinecrest #queensway #community #health #centre, #www.pqchc.com, #pinecrest,


    #

    Welcome!

    Welcome to the Pinecrest-Queensway Community Health Centre website. We invite you to browse the website to learn more about the programs and services the Centre provides. These include primary health care, mental health, housing supports, children and family services, employment and community programming. Our main site is at 1365 Richmond Road in the west end of Ottawa. We also have a site in Barrhaven (South Nepean Community Health Centre) and at Lincoln Fields Shopping Centre (employment services) and many of our programs are offered at different locations throughout the City of Ottawa and Eastern Ontario region. You will also find information about our volunteer services, opportunities for students and job opportunities at Pinecrest-Queensway. We hope you enjoy your visit.

    Bienvenue !

    Bienvenue sur le site Web du Centre de santé communautaire Pinecrest-Queensway. Nous vous invitons à naviguer le site pour vous renseigner davantage sur les programmes et services que le centre fournit. Ceux-ci comprennent les soins de santé primaires, la santé mentale, l’aide au logement, les enfants et les services familiaux, les services à l’emploi et de la programmation communautaire. Notre site principal est situé au 1365, chemin Richmond, dans l’ouest d’Ottawa. Nous avons aussi un site à Barrhaven (Centre de santé communautaire de Nepean-Sud) et au Centre commercial Lincoln Fields (services d’emploi) et plusieurs de nos programmes sont offerts à différents endroits à travers la ville d’Ottawa et de la région de l’est de l’Ontario. Vous y trouverez également des informations sur nos services bénévoles, les possibilités pour les étudiants et les possibilités d’emploi à Pinecrest-Queensway. Nous espérons que vous apprécierez votre visite.

    Bienvenidos!

    Bienvenidos al sitio web del Centro Comunitario de Salud de Pinecrest-Queensway. Lo invitamos a navegar por el sitio web para obtener más información acerca de los programas y servicios que ofrece el Centro. Éstos incluyen servicios básicos de salud, salud mental, apoyos a la vivienda, servicios familiares y para niños, y programación comunitaria. El Centro está ubicado en 1365 Richmond Road, en la zona oeste de la ciudad de Ottawa y cuenta con otros dos establecimientos, uno situado en Barrhaven (Centro Comunitario de Salud del Sur de Nepean) y otro en el Centro Comercial de Lincoln Fields (servicios de empleo). Muchos de nuestros programas se ofrecen en diferentes lugares a lo largo de la ciudad de Ottawa y de la región este de Ontario. También encontrará información sobre nuestros servicios de voluntariado, oportunidades para estudiantes y oportunidades de trabajo en Pinecrest-Queensway. Esperamos que disfrute su visita.

    أهلاً وسهلاً

    أهلاً بكم على موقع الانترنت لمركز باينكريست – كوينزواى للخدمات الاجتماعية و الصحية. إننا ندعوكم لتصفح هذا الموقع لتعرفوا المزيد عن البرامج والخدمات التي يقدمها المركز. تشمل هذه البرامج والخدمات الرعاية الصحية الأولية، والصحة العقلية، وأشكال الدعم في مجال السكن، وخدمات الأطفال والعائلة، والتوظيف والبرامج للمجتمع المحلي. يقع مقرنا الرئيسي على 1365 ريتشموند رود(Richmond Road) ، في الطرف الغربي من أوتاوا. ولدينا أيضاً مقر في Barrhaven (المركز الصحي للمجتمع المحلي في جنوب Nepean) وفي المجمع التجاري لينكولن فيلدز Lincoln Fields (خدمات توظيف) كما نقدم العديد من برامجنا في مواقع مختلفة في أنحاء مدينة أوتاوا ومنطقة شرق أونتاريو. ستجدون أيضاً معلومات، في مركز باينكرست-كوينزواي، عن خدماتنا التطوعية ، والفرص المتوفرة للطلاب وفرص العثور على وظائف. نأمل أن تستمتعوا بهذه الزيارة.

    Ku soo-dhawoow

    Ku soo-dhawoow websaytka Xarunta Caafimaadka Beesha ee Pinecrest-Queensway. Waxaan kugu marti-qaadaynaa in aad fiir-fiirisid websaytkayaga si aad u ogaatid adeegyada iyo barnaamijyada ay xaruntu bixiso. Kuwaas waxaa ka mid ah daryeelka caafimaadka kowaad, caafimaadka maskaxda,kaalmada guriyanta,adeegyada carrurta iyo qoyska, barnaamijyada beesha iyo shaqada. Xaruntayada ugu muhiimsani waxay ku taalaa 1365 Dariiqa Richmond Dhammadka galbeedka Ottawa. Waxa kale oo aan xarun ku leenahay Barrhaven (Xarunta Caafimaadka Beesha ee Koonfurta Nepean) iyo xarunta suuq-adeega ee Lincoln Fields (adeegyada shaqada). barnaamijyo kale oo la bixiyo ayaa ka baxa meelo kale duwan oo ka tirsan Magaalada Ottawa iyo Bariga Gobalka Ontario. Waxa kale oo aad halkan ka heli macluumaad la-xidhiidha adeegyada tabarucida. furasadaha shaqada ee ardayda iyo fursadaha shaqada ee Pinecrest-Queensway. Waxaan ku rajo-weynahay in aad jeclaysandoontid booqashadaada.

    Добро пожаловать!

    Добро пожаловать на сайт Районного Медицинского Центра Пайнкрест – Куинзвэй. Мы прилашаем Вас ознакомиться с сайтом, чтобы больше узнать о программах и услугах, предоставляемых нашим центром. Они включают в себя основную медицинскую помощь, услуги, связанные с психическими заболеваниями, оказание посмощи в вопросах жилья, оказание помощи детям и семьям, помощь с трудоустройством и дргуие программы для жителей нашего района. Наш основной офис находится по адресу 1365 Richmond Road на западе Оттавы. У нас так же есть офисы в Баррхэвене (Районный Медицинский Центр Южного Непина) и в торговом центре Линкольн Филдс (услуги по трудоусторйству). Многие из наших программ предлагаются в разных районах Оттавы и региона Восточное Онтарио. Вы так же найдете информацию об услугах, предоставляемых нашими волонтерами, возможностях для студентов и информацию о трудоустройстве в Пайнкрест-Куинзвэй. Мы надеемся, что Вам понравится визит на наш сайт.

    خوش آمدید

    به وبسایت مرکز صحی اجتماع پاینکرست کوینزوی خوش آمدید. از شما دعوت می کنیم تا جهت کسب معلومات در مورد برنامه ها و خدماتی که این مرکز عرضه می دارد در وبسایت ما گشت و گذار نمایید. این برنامه ها و خدمات شامل مراقبت های صحی ابتدایی، صحت روانی، کمک در قسمت خانه و مسکن، خدمات برای اطفال و خانواده ها، کاریابی و برنامه ریزی اجتماعی می شوند. ساختمان عمده ایکه ما در آن هستیم در 1365 ریچموند رود (Richmond Road) در غرب اتاواست. ما همچنین یک مرکز فرعی در بارهیون (Barrhaven) که بنام مرکز صحی اجتماع جنوب نپین یاد می شود، و یک مرکز فرعی دیگر که فقط خدمات کاریابی عرضه می دارد در شاپنگ سنتر لنکن فیلدز (Lincoln Fields Shopping Centre) داریم و نیز بسیاری از برنامه های ما در جاهای مختلف شهر اتاوا و در سراسر منطقۀ آنتریوی شرقی تقدیم می گردد. در وبسایت شما همیچنین در مورد خدمات رضاکارانه ایکه تقدیم می داریم، فرصت های اشتغال برای شاگردان و محصلین و زمینه های کار در پاینکرست کوینزوی معلومات دریافت نموده می توانید. امیدواریم بازدیدتان از وبسایت ما به شما خوش بگذرد.

    Welcome to the Pinecrest-Queensway Community Health Centre.

    Our Vision: Together we seek to build a safe, just and healthy community for all.

    Our Mission: Pinecrest-Queensway Community Health Centre is an innovative community based, multi-service center. We strive to meet the needs of the diverse communities we serve. We work in partnership with individuals, families and communities to achieve their full potential, paying particular attention to those facing barriers to access, including those who are most vulnerable and at risk.

    Housing

    Multicultural Services

    South Nepean Community Health Centre


    Mortgage Solutions, Mortgages in Canada – Mortgage Brokers Ottawa #adjustable #rate #mortgage #calculator


    #mortgage solutions

    #

    Choosing the right mortgage solution can be an overwhelming task. At Mortgage Brokers City Inc. we take the time to learn about your unique situation and future financial goals. Each one of our professionally trained Mortgage Agents makes getting to know you and your requirements their top priority. It is only after learning about what is most important to you and assessing your individualized goals that we can make a strong recommendation based on your circumstances. There are a variety of mortgage options available to you. But which one should you choose? Open or Closed? Conventional or High Ratio? Fixed or Variable Rate? The combinations are endless and that is where our expertise and experience can guide you to make the choice that fits for you and your family.

    Contact us

    • Mortgage Brokers City Inc
    • 788 Island Park Drive, Ottawa K1Y 0C2
    • Phone: 613-798-1973 | Fax: 1-866-354-6789

    Follow us

    Industry Partners

    Mortgage Brokers City Inc. License #11759 Mortgage Brokers City is a franchise of The Mortgage Centre. Each Mortgage Centre office is independently owned and operated.


    Mortgage Solutions, Mortgages in Canada – Mortgage Brokers Ottawa #home #loan #amortization


    #mortgage solutions

    #

    Choosing the right mortgage solution can be an overwhelming task. At Mortgage Brokers City Inc. we take the time to learn about your unique situation and future financial goals. Each one of our professionally trained Mortgage Agents makes getting to know you and your requirements their top priority. It is only after learning about what is most important to you and assessing your individualized goals that we can make a strong recommendation based on your circumstances. There are a variety of mortgage options available to you. But which one should you choose? Open or Closed? Conventional or High Ratio? Fixed or Variable Rate? The combinations are endless and that is where our expertise and experience can guide you to make the choice that fits for you and your family.

    Contact us

    • Mortgage Brokers City Inc
    • 788 Island Park Drive, Ottawa K1Y 0C2
    • Phone: 613-798-1973 | Fax: 1-866-354-6789

    Follow us

    Industry Partners

    Mortgage Brokers City Inc. License #11759 Mortgage Brokers City is a franchise of The Mortgage Centre. Each Mortgage Centre office is independently owned and operated.


    Mortgage Brokers Ottawa #amortization #table #mortgage


    #mortgage grapevine

    #

    Welcome

    Everyone wants their mortgage experience to be simple, straight forward and effortless. That is why our focus has been on establishing an elite team of Accredited Mortgage Professionals to meet your borrowing needs. At Mortgage Brokers Ottawa we act as an intermediary between you and the largest lenders in Canada to secure the most competitive rates with the most favorable terms.

    Our powerful network of Accredited Mortgage Professionals (AMP’s) across Canada are licensed to serve you in the province where your property of interest resides.

    We have the confidence, competence and experience to get the job done. At Mortgage Brokers Ottawa we have infinite industry knowledge, world-class results and are committed to excellence. We take the time to understand your unique mortgage requirements. We offer time and cost saving opportunities, specialized knowledge, objective advice and superior customer service. Regardless of whether it s a new purchase, a debt consolidation or the refinance of an existing property, we are with you every step of the way. We are industry leaders and one of Canada’s most respected mortgage planning specialists.

    What are you going to do with the time and money you save?

    For more information, please contact us.

    Featured Broker

    Jennifer Anderson

    Calculators

    Mortgage Calculators, Mortgage Payments, Interest Rates

    Home Buyers Guide

    A Comprehensive Guide To Home Ownership

    Mobile App

    Download Our Mobile Mortgage Calculator App

    Rates

    Canada’s Best Mortgage Rates, Competitive Interest Rates on Loans

    Current Mortage News

    Must read

    September 6, 2016

    A new survey conducted by Manulife Bank suggests that nearly 40% of Canadians have struggled to cover their household expenses at least once in the past year.

    Barb Kramer joins the Open House team as they take all of your real estate and mortgage.

    With today’s record low rates, home owners are being tempted into buying a home. How important is it to budget while you’re in your.


    Types of Mortgages – Mortgage Brokers Ottawa #freedom #mortgage


    #mortgage types

    #

    There are many different types of mortgages available, so before you choose, here s some information you will want to know.

    Conventional / Low Ratio Mortgages

    A mortgage where the down payment is equal to 20% or more of the property s value/purchase price. A low-ratio mortgage does not normally require mortgage protection insurance.

    High Ratio Mortgages

    A High-Ratio Mortgage is one where the borrower is contributing less than 20% of the value/purchase price of the property as the down payment. These types of mortgages must have mortgage default insurance through Canada Mortgage and Housing Corporation (CMHC), Genworth Financial or Canada Guarantee; the three mortgage insurance companies in Canada.

    An open mortgage allows you the flexibility to repay the mortgage at any time without penalty. Open mortgages usually have shorter terms, but can include some variable rate/longer terms as well. Mortgage rates on Open Mortgages are typically higher than on Closed Mortgages with similar terms.

    A closed mortgage is a mortgage agreement that cannot be prepaid, renegotiated or refinanced before maturity, except according to its terms.

    The interest rate of a fixed rate mortgage is determined and locked in for the term of the mortgage. Lenders often offer different prepayment options allowing for quicker repayment of the mortgage and for partial or full repayment of the mortgage.


    Variable Rate Mortgages (VRM) / Adjustable Rate Mortgages (ARM)

    These types of loans differ from a fixed rate mortgage in that the mortgage rate may be changed during the term of the mortgage. Generally, these mortgages are initially set up like a standard loan, based on the current interest rate. The mortgage is reviewed at specified intervals and if the market interest rate has changed, either changing the size of the payment or the length of the amortization period (or a combination of both), the lender then alters the mortgage repayment plan.

    Home equity lines of credit (HELOC)

    A home equity line of credit is a revolving line of credit secured by your home. You can borrow money up to the credit limit, which is usually a percentage of your home s value.

    A HELOC is an option for borrowing on your home s equity, which is the difference between the value of your home and the unpaid balance of any current mortgage.

    It is also possible to get a HELOC instead of a traditional mortgage. These products may be split into portions that you repay in different ways. For example, a HELOC may have a portion with a fixed interest rate and another portion with a variable interest rate.

    • Registered with a collateral charge: After a HELOC is set up, you do not need your lender s approval to borrow funds up to the credit limit, subject to the terms of the HELOC agreement.
    • Additional funds can be advanced: You can borrow money up to the credit limit on the HELOC, which is usually a percentage of your home s appraised value. After you make repayments, the funds become available for you to borrow again.
    • Variable interest rate: The interest rate for a HELOC is usually variable, so your payments may increase if rates rise.
    • Interest-only payment option: You may have the option to just pay the interest due on a HELOC instead of a set payment amount. However, be aware that making interest-only minimum payments will increase the overall cost of your loan and the time you need to repay it since you are not paying off the principal.
      It can be very easy to borrow more money than you can comfortably afford to repay with a HELOC. Make sure you will be able to handle repayments if interest rates and your payments increase in the future.
    • Ability to make prepayments: You can generally prepay any amount whenever you want on the HELOC portion without the need to pay a prepayment charge. Note that prepayment charges may apply to any other portions that have a closed term.

      Mortgage Solutions, Mortgages in Canada – Mortgage Brokers Ottawa #government #mortgage #assistance


      #mortgage solutions

      #

      Choosing the right mortgage solution can be an overwhelming task. At Mortgage Brokers City Inc. we take the time to learn about your unique situation and future financial goals. Each one of our professionally trained Mortgage Agents makes getting to know you and your requirements their top priority. It is only after learning about what is most important to you and assessing your individualized goals that we can make a strong recommendation based on your circumstances. There are a variety of mortgage options available to you. But which one should you choose? Open or Closed? Conventional or High Ratio? Fixed or Variable Rate? The combinations are endless and that is where our expertise and experience can guide you to make the choice that fits for you and your family.

      Contact us

      • Mortgage Brokers City Inc
      • 788 Island Park Drive, Ottawa K1Y 0C2
      • Phone: 613-798-1973 | Fax: 1-866-354-6789

      Follow us

      Industry Partners

      Mortgage Brokers City Inc. License #11759 Mortgage Brokers City is a franchise of The Mortgage Centre. Each Mortgage Centre office is independently owned and operated.