Mohamad Al-Assadi Mortgage Agent
2600 Skymark Ave, Suite 3-103 L4W5B2 Mississauga, ON, Canada

We know that borrowing money has become harder for self-employed Canadians which is one of the reasons why working with a Mortgage Broker is so important. Brokers have access to lenders who specialize in self-employed mortgages and understand the challenges that business owners face. If you are self-employed and looking to buy, renew or refinance, send me a message!

Your mortgage renewal is your opportunity to renegotiate your mortgage and possibly save thousands. Automatically renewing your mortgage with your current lender could mean you don’t get the best mortgage rate and terms you may qualify for. Send me a message to discuss your options.

Accessing equity in your home to pay off high interest debt is a smart financial move. Not only does it reduce interest payments, it can potentially free up more cash each month. Reach out today to learn more about refinancing your mortgage.

A mortgage pre-approval is a quick and easy process that lets you know the maximum amount of mortgage you qualify for and allows you to estimate your mortgage payments. Reach out today for a free pre-approval!

Be ready for the fall market! Rates are low and can be locked in for 90 days. If you are thinking about buying a new home, send me a message so you can be ready to make an offer.

A recent study found that 60% of homeowners plan to renovate their home within the next 2 years. When it comes to accessing funds for a renovation, you have options! Whether it is through refinancing, a HELOC or alternative credit products, I will work with you to see what's best for you. Reach out today.

Your credit score determines what loans you qualify for and the interest rate you will pay. Here are 4 tips to help you increase your credit score. 1. Pay all your bills on time. 2. Avoid maxing out your credit. Balances above 50% of your credit limit will harm your credit. Aim for balances under 30%. 3. Have a variety of credit accounts. Having a mix of credit products (credit card, retails store card, line of credit, car loan etc.) will produce more points on your file than... having only one type of credit. 4. Use your credit! The biggest tip to a good score is to use credit and repay that credit on time all the time. See more

It is important to regularly evaluate the options that are available to reduce personal debt, increase cash flow and identify potential savings. As a Mortgage Professional, I have access to a variety of solutions that can eliminate debts such as credit cards and other loans without affecting your existing mortgage. It may also be possible to roll your debts into your existing mortgage and reduce your monthly payments. Send me a message for more information or to schedule your mortgage check-up.

I specialize in helping homebuyers get approved! Before you buy, refinance, or renew with your current lender, reach out for a free consultation.

Not only do 85% agree homeownership is a good long-term financial investment but 85% of home buyers also felt that a Mortgage Broker would get them the best mortgage rate or deal vs their bank. If you are looking to buy, renew or refinance, send me a message for a free consultation about your home ownership goals!

Dreaming of buying a vacation home? You may be surprised to find out you can leverage your existing home equity to purchase your very own vacation home. Ask me for details, I'm here to help!

Unlocking equity through refinancing or a home equity line of credit (HELOC) is a great way to leverage the value of your house. Refinancing allows you to access equity and possibly obtain a better interest term and rate. Whereas a HELOC lets you keep the mortgage you are currently paying while getting access to a large sum of money. If you are interested in exploring the possibilities available to you send me a message for a free consultation.

Wondering if it is time to refinance your mortgage? Here are 3 situations where refinancing makes the most sense in our current market: 1. If it lowers your monthly rate and payment. 2. Pay off high interest debt to lower your overall monthly payment obligations. 3. To fund home renovations or other major (but necessary) purchases.

Are you getting ready to buy your first home or move to your next home? The #1 thing you can do is get advice early. Talking with a mortgage professional like myself will help you understand: What you can afford The down payment you need Costs involved with buying a home... Improving your credit Prepayment options Refinancing penalties (if you decide to do so down the road) Budgeting and more! Send me a message today and let's start the conversation.

With rates being low, and expected to stay for a while, now is a great time to unlock equity through refinancing or a home equity line of credit (HELOC). Refinancing allows you to access equity and possibly obtain a better interest term and rate. Where as a HELOC lets you keep the mortgage you are currently paying while getting access to a large sum of money. Send me a message and we can explore the possibilities available to you.

Borrowing money is harder for self-employed Canadians. A group that, according to Statistics Canada, has a higher median net worth than paid employees. We can help turn the tables. With access to banks, private lenders, credit unions and more we will find the mortgage that's right for you.