Adma Maher

Deadline is fast approaching. Let your first time home buyers know. Call me for a pre approval at 647-668-2362 and lock your rate --- 2.54% 5 yrs fixed!

What is a monoline lender? A monoline lender, by definition, is a mortgage lender that focuses on just mortgages. They do not have any other products that can be cross-sold and most monolines securitize their mortgages, instead of keeping them on their balance sheet. Monolines are secure, follow the same rules as all Canadian Banks and they deal exclusively with Mortgage Advisors on their clients’ behalf.... Advantages of a monoline lender: Some of the advantages of dealing with monoline lenders are that their rates are usually very competitive and many have products that specialize in different areas, such as lower credit scores and self employed clients that have little income to report. These lenders can also have a lower IRD (Interest Rate Differential) penalty calculation, which is important if you are required to get out of your mortgage before the end of your term. A third party article was published a couple of years ago comparing BNS to ING (click here for article) and the vast differences in penalty calculations. As much as we try to explain what a monoline differs from a bank, an article from a third party drives it home. To summarize , monoline lenders tend to provide better rates over the big banks ,have favourable penalty calculations , and foster relationships with brokers to ensure the business comes backs to them ( including having a renewal model to reduce churn).

1 year - 10 years Fixed Rate 3 years and 5 years Variable Rate.. Get pre-approved in 15 minutes AND I will hold your rate for 6 months ..... Call me at 647-668-2362 or email me [email protected] Also, visit my website for updates and news : http://www.centum.ca/adma_maher #fixedrate #variablerate #callmetoday #getpreapproved #mortgagerate #hurrywhiletheyarelow #realestate #mortgagebroker #realtor

**MORTGAGE PRODUCTS** I have a wide range of products for the following clientele which would require my services: **Good Credit **Bad credit ... **Bankruptcy **Proposals **1st, 2nd and 3rd mortgages **Self employed **Salaried/Hourly income/Contractor **Pensioners **New to Canada **Permanent Residence I have great, competitive rates. Contact me today! :) 647-668-2362 or email me [email protected]

ARE YOU A FIRST TIME HOME BUYER IN PEEL REGION AND NEED SOME ASSISTANCE WITH YOUR DOWNPAYMENT??? The Peel Region is accepting Applications for Home In Peel Affordable Ownership Program. The eligible applicants may qualify for Up to $20,000 Down payment Assistance** ... This program is designed to provide low-to-moderate income residents who are currently renting a unit in the Region of Peel (Brampton, Caledon or Mississauga) the opportunity to qualify for down payment loan assistance to buy a home in Peel Region. This program will assist eligible applicants who have a total gross (pre-tax) household income of $87,800 or less to purchase a resale home in the Region of Peel. Mortgage pre-approval is required in order to apply under this program. Contact me in order to get pre-approved and I will work with you to get this grant. Call me Cell: 647-668-2362 Email me: [email protected] Website my website: http://www.centum.ca/adma_maher

Deadline is fast approaching. Let your first time home buyers know. Call me for a pre approval at 647-668-2362 and lock your rate --- 2.54% 5 yrs fixed!

What is a monoline lender? A monoline lender, by definition, is a mortgage lender that focuses on just mortgages. They do not have any other products that can be cross-sold and most monolines securitize their mortgages, instead of keeping them on their balance sheet. Monolines are secure, follow the same rules as all Canadian Banks and they deal exclusively with Mortgage Advisors on their clients’ behalf.... Advantages of a monoline lender: Some of the advantages of dealing with monoline lenders are that their rates are usually very competitive and many have products that specialize in different areas, such as lower credit scores and self employed clients that have little income to report. These lenders can also have a lower IRD (Interest Rate Differential) penalty calculation, which is important if you are required to get out of your mortgage before the end of your term. A third party article was published a couple of years ago comparing BNS to ING (click here for article) and the vast differences in penalty calculations. As much as we try to explain what a monoline differs from a bank, an article from a third party drives it home. To summarize , monoline lenders tend to provide better rates over the big banks ,have favourable penalty calculations , and foster relationships with brokers to ensure the business comes backs to them ( including having a renewal model to reduce churn).

**What to know before buying a home**

Are you looking to buy a home in 2016? As of February 2016, CMHC will no longer allow 5% down on houses over $500,000.00. All homes valued at $500,000.00 or higher will now require 10% down. This rule does not affect homes valued at less then $500,000.00. If the home is valued at less then 500K, you are still allowed to put the 5% down. Call me today for a #preapproval in order hold your rate for 6 months as the new change won't affect you with the rate hold. T: 647-6...68-2362 Email: [email protected] or check out my website to apply online :: www.centum.ca/adma_maher #rates #CMHC #changes #ratehold #mortgagebroker #icanhelp #mortgagenews #mortgageupdates #lenders #borrowers #clients

Here are a few ways to keep your credit card under control ::

1 year - 10 years Fixed Rate 3 years and 5 years Variable Rate.. Get pre-approved in 15 minutes AND I will hold your rate for 6 months ..... Call me at 647-668-2362 or email me [email protected] Also, visit my website for updates and news : http://www.centum.ca/adma_maher #fixedrate #variablerate #callmetoday #getpreapproved #mortgagerate #hurrywhiletheyarelow #realestate #mortgagebroker #realtor

http://www.theglobeandmail.com//those-wai/article26243737/ THAT IS WHY 5 YEAR VARIABLE IS THE BEST CHOICE RIGHT NOW.. CALL ME TODAY TO GET PRE-APPROVED. ... MY 5 YEAR VARIABLE IS 1.85%.. 647-668-2362 or email me at [email protected]