Title: Home Finance Surrey: - Aman Duggal Mortgage Broker
1(No Transcript)
2Why Choose us
- Secure the right loan.
- While Aman looks for the best, most affordable
rates for your mortgage, he also ensures your
loan terms are a fit for your financial situation
and long-term goals. Hell listen carefully to
understand your needs, then hell put your
interests first through the entire process. - Get the best rates possible.
- Aman is associated with the Dominion Lending
Mortgages Centre and maintains tie ups with
various mortgage companies, banks and credit
unions. These valuable partnerships increase your
lending options by the hundreds, giving Aman
access to plenty of lending offers, discounted
rates, more flexible.
3Our Services
- First Mortgages
- Home Equity Line
- Mortgage Refinancing
- Second Mortgages
- Private Mortgage
4First Mortgages
- What is a first mortgage?
- A first mortgage is the original and primary loan
a home buyer secures to purchase a property. This
loan category does not apply only to first-time
home buyers. Instead, the loan is first because
of its priority position against any other loan
that might be taken against the property. In the
event of a default, the first mortgage must be
paid first. - Are you ready for a first mortgage?
- If youre ready to buy a property, whether youre
a first-time buyer or not, you may need a loan
from a financial institution to finance the
purchase. But, keep in mind, this is a big and
expensive decision to make.
5Home Equity Line
- What is a home equity loan?
- A home equity loan allows a homeowner to borrow a
lump sum of money thats based on the owners
equity in their residential property. Similarly,
a home equity line of credit qualifies a borrower
for a maximum amount, which can be withdrawn as
needed, and the borrower only repays the
withdrawn amount. - The homeowners equity, which is the value of the
property minus any mortgages against it, informs
the prospective home equity lender about the
likelihood of the loan being repaid, especially
if the homeowner is still making first mortgage
payments. In general, you will need at least 20
equity in your home before you are eligible for a
home equity loan.
6Mortgage Refinancing
- What is mortgage refinancing?
- Mortgage refinancing occurs when you replace the
current mortgage or mortgages on your property
with a new mortgage, which typically has more
favorable terms than the original loan you
received. If you choose to refinance your
mortgage, you will initiate a new mortgage
application process. When approved, the new
mortgage is used to repay to original
mortgage(s), while you agree to the terms of the
new loan. - Refinancing your mortgage can be even more
complicated than choosing your first mortgage.
Before starting the process, you want to be
certain your timing is right by regularly
evaluating the market rates in your area. You
also want to choose the right type of loan that
suits your financial situation and refinancing
goals, whether its a fixed-rate mortgage or an
adjustable rate mortgage. After careful research
and weighing your options, you will choose the
best mortgage refinancing company for your new
loan and submit your application.
7Contact Us
Address Unit 102- 6321 King George BLVD, Surrey,
BC V3X1G1 Cell (604) 368-2030 Website URL
http//www.amanduggal.ca