Mortgage Alliance Ajit Thiara
202-10114 156 Street NW T5P 2P9 Edmonton, AB, Canada

If you are a homeowner and carrying high interest debt, it may be best for you to refinance for better cashflow. Refinancing your mortgage to pay off high interest debt can reduce your monthly interest payments which will put more money in your pocket. Reach out today to review your options.

Refinancing to reinvest in your home is a smart financial move. Not only will you love your space all over again but you will also increase the value of your home when you focus on key renovations like kitchens and bathrooms. Reach out today to learn about your options.

Looking to purchase or refinance your mortgage? Get in touch as soon as possible! Uninsured mortgages (having more than 20% equity) that get approved by June 1st will not be subject to the new stress test announced by OSFI. This means that qualifying could be easier, and it also applies to properties closing after June 1st with a signed Purchase & Sale Agreement. Reach out today.

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.

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 and we can look at your options.

1 in 10 homeowners rent or plan to rent an area of their home (according to Mortgage Professionals Canada 2020 Consumer Report). If you are interested in exploring how a rental income can impact your affordability, send me a message and we can look at your options.

Why use a mortgage broker? Choice with access to multiple lenders you can be sure you are getting the right mortgage for you. When you get your mortgage from a bank you only have access to one lender, that bank. As a mortgage broker I have access to banks, credit unions, private funds and more.

Did you know that 41% of first-time buyers use a Mortgage Broker? I specialize in helping first time homebuyers get approved. If you are ready to buy or thinking about buying, send me a message and we can find the mortgage that's right for you.

Let the equity in your house, work for you! Refinancing your mortgage to renovate your backyard not only adds value to your house it lets you create the oasis you need to escape this summer. Send me a message to discuss your options, my services are free.

If you are in the market to buy, send me a message for a pre-approval to find out how much you can afford. To help with the process, I included a list of items below you will need: ID Proof of employment Proof you can pay the down payment & closing costs... Info about any other assets you have (car, cottage, boat, etc.) Info about any debts or financial obligations that you have See more

Here are 7 tips to help you get approved for a mortgage: 1. Check your credit score 2. Save a larger down payment 3. Keep your income stable... 4. Pay down existing debt 5. Get a mortgage pre-approval 6. Get a great rate 7. Know what you can afford and what you can’t See more

Do you have questions about your mortgage? Maybe you are wondering if your current mortgage is still right for you. I have the tools needed to run the numbers and see if it makes sense for you to make a switch. Reach out today and schedule your free, Spring Mortgage Check-up.

It’s that time of year just a reminder to all our first-time home buyers to take advantage of the Home Buyers Tax Credit (HBTC). It can give you up to $750 in tax relief. https://www.canada.ca///line-31270-home-buyers-amount.html

One call can give you access to tons of lending options you can’t get on your own. From major banks to private lenders and credit unions, using a mortgage broker gives you access to all of them. Contact me for a free consultation.

To best meet your needs, mortgage brokers like myself, have a wide array of products to choose from banks, private sources, independent lenders, etc. If you are in the mortgage market, we should talk. Whether you are looking to explore your options or get a second opinion, the lending options available could save you thousands!

A lot has gone on this year in the mortgage market. We have had everything from rate drops to deferrals to restrictions come at us and your personal situation may have changed. As the year comes to an end, if you have not made time for your annual mortgage check-up, now is the time! Send me a message and we can review your situation, free of charge, to ensure you are getting the mortgage that’s right for you.

If you are a homeowner and struggling with high-interest debt payments, we should talk. It may make sense for you to refinance and access the equity in your home to pay off your high-interest debt. Your mortgage is typically the lowest interest rate to borrow money. Refinancing to pay off high-interest debt and lumping everything into your mortgage payment could free up extra cash each month by saving you on interest. Send me a message and we can see what's available to you.

Top 3 reasons homeowners choose to refinance: 1. Take advantage of a lower interest rate. 2. Consolidate high interest debt. 3. Fund home renovations.... If you interested in exploring your options send me a message. I'm here to help and my services are free.

Regardless of your financial milestones it is important to know what makes up your score so you can keep it on track. Pay your bills on time, have a good mix of credit accounts, and keep a lower ratio of debt used to credit available. Click below for more details about factors that impact your credit score. https://www.consumer.equifax.ca//what-impacts-credit-sco/

Do you know the difference between using a broker vs the bank? A mortgage broker works for you. We have access to multiple lenders to find the product and rate that meets your needs. A mortgage specialist at the bank works for the bank. They have access to 1 lender and want to sell their product, not necessarily what is best for you. If you are getting ready to buy, renew or refinance your mortgage, send me a message, it might save you thousands in unnecessary interest.

3 Reasons you should use a mortgage broker vs going to your bank: 1.Better Rates Because lenders compete for our business, we get access to discounted rates based on volume and we pass these savings directly on to you. 2.Access to more lenders - When you apply for a mortgage at a bank or credit union, you only have access to the products they offer in house. With a mortgage broker, you get access to dozens of lenders. 3.Our services are free we are compensated by the le...nder. If you have questions about your mortgage or home financing options send me a message, I'd be happy to chat.

Just a reminder how we are able to conduct business while keeping you and your family safe.

Renewing your mortgage is your chance to renegotiate everything relating to your mortgage with no penalties! It is important to get in touch and start conversations early so there is time to review your financial goals and determine if it makes more sense to switch your mortgage for a lower rate or even refinance to consolidate debt.

Nearly 1 in 5 Canadians ages 18-34 say the pandemic has accelerated their plans to purchase a home or investment property. (According to a survey conducted by Scotiabank) If you are one of those Canadians who have turned their living room into an office or dining room into a classroom and are looking for more space, send me a message. Rates are at record lows and I can provide you with a free consultation so you can shop in confidence.

If you are thinking about buying your first home or moving up, now is the time! Bank of Canada Governor, Tiff Macklem made a statement informing Canadians that if you are thinking about making a large purchase you can be confident interest rates will stay low into 2023. Read the full report here: https://www.bankofcanada.ca//10/fad-press-release-2020-10/

If you have a minimum of 20% equity in your home refinancing is a low-cost way to access needed money. Some homeowners are refinancing to pay off high interest debt and have one low monthly payment. While others are doing it to access funds for renovations since we are all spending more time at home. Whatever your need is, contact me for a free consultation.

Using a mortgage broker gives you access to lending options you can’t get on your own. At Mortgage Alliance we deal with many lenders, from major banks to private lending. More choices with one simple call. Contact me for a free consultation.

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 downpayment 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 lets start the conversation.

For some the answer is easy, while for others in a fixed-rate mortgage it can become a difficult and complex question when facing prepayment penalties. What we know for sure is that rates are at record lows. If you are unsure of what’s best for you, reach out. Together we will run the numbers to see what makes sense for you.

If you currently own a home, now is the right time for a mortgage checkup to find out if you can save on interest costs and what steps you can take today to help you get closer to reaching your short- and long-term financial goals. Always remember that as a Mortgage Professional I’m here to offer you unbiased advice and answer any questions you might have. Please don’t hesitate to reach out.

Rates are low and can be locked in for 90 days. If you are thinking about buying a new home, contact me so you can be ready to make an offer.

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. If you are interested in exploring the possibilities available to you send me a message for a free consultation.

We want to pay your mortgage! One lucky Mortgage Alliance customer will win the value of their new Qualifying Mortgage payments during their first year, up to a maximum of $25,000. Contact me for more details or click the link below. It pays to use the right broker!... https://www.mortgagealliance.com//MortgageAllianceWinYourM

We're excited to announce the launch of our NEW Mortgage Alliance Sweepstakes for customers allowing for more winners, more prizes, and more memorable moments. ...Customers can now WIN THEIR MORTGAGE PAYMENTS FOR A YEAR UP TO $25,000* when they use a Mortgage Alliance Professional! Sweepstakes runs from July 1-Dec 31, 2020. Conditions apply. See complete contest rules for details at https://www.mortgagealliance.com/win-your-mortgage-payments/ #MortgageAlliance #M3Group #RightBrokers #WinYourMortgagePayments

Mortgage Brokers work for you! They shop the market to save you money. One call gives you access to dozens of banks, credit unions and trust companies. Contact your Mortgage Alliance Professional for a free analysis of your mortgage to see if you could save with today's low rates.

Are you a homeowner that can benefit from today’s low rates? According to CIBC Economics, the weighted average mortgage rate currently paid by borrowers [is] ...roughly 50 basis points higher than the current rate no less than 20% of borrowers have already renegotiated their rates. We expect more to come. Contact your Mortgage Alliance professional for a cost / benefit analysis of your situation.

Listen to why our recent $100,000 Minimize Your Mortgage Sweepstakes winner decided to use a broker over her bank.

As Canadians we options when it comes to mortgage insurers and 2 out of the 3 are not following suit of tightening their underwriting guidelines. Usually when ...CMHC makes a change Genworth and Canada Guaranty follow. This is not the case because the change was not made by the Minister of Finance but rather CMHC themselves. This is one more example of why it is so important to work with a trusted mortgage professional who can provide you with the unbiased advice you need. See more

https://www.cbc.ca//business/bank-of-canada-rate-decision-

Looking for ways to plan for the future? Check out Your Mortgage Market and find out your maximum mortgage amount plus receive a free credit score that doesn't ...affect your credit rating. Visit https://yourmortgagemarket.com//Mortgage-/Landing-Page-en or contact your Mortgage Alliance Broker. See more

The qualifying mortgage rate has dropped from 5% to 4.94%! The qualifying rate is used in stress tests for both insured and uninsured mortgages. A lower rate me...ans it is easier for borrowers to qualify. For the first time since January 2018, when stress testing began, the mortgage qualifying rate is under 5%. Contact your Mortgage Alliance Professional to see how much you can afford. #RateDrop #HousingMarket #StressTest #MortgageBrokers

Should you break your fixed rate mortgage to save money? Every situation and mortgage agreement is different. Contact your Mortgage Alliance Professional and th...ey can review your situation to see if the cost to break your mortgage is worth the savings over time. #Mortgages #SavingMoney #MortgageQuestions See more

Are you renewing this year, planning to buy or looking to unlock equity? The pandemic might have thrown a wrench in your plans and you are uncertain about your ...options. Talk to a Mortgage Alliance professional for free, honest, unbiased advice. #BrokersAreBetter #MortgageAlliance #Covid19 #Mortgages See more

With the effects of COVID-19, lenders are deferring payments for eligible customers up to 6 months. While the mortgage deferral is a pause on your mortgage paym...ents, it is not a forgiveness of your mortgage obligation. Lenders are offering the program to eligible customers who are experiencing financial hardship due to COVID-19 on a case-by-case basis. Most have setup a dedicated COVID-19 page outlining their deferral process and/or application. To help you navigate information at this time we have included the links to some of our major lenders. Please do not hesitate to reach out to your broker if you have any questions. ATB - https://www.atb.com/comp//stories/customer-relief-program/ B2B Bank - https://b2bbank.com/en/covid19 BMO - https://www.bmo.com//pers/bmo-branches-coronavirus-update/ Bridgewater - https://bridgewaterbank.ca/covid-19/ CMLS - https://www.cmls.ca/covid-19/faq Community Trust - https://www.communitytrust.com/covid-19-update/ Dejardins - https://www.desjardins.com/ca/covid-19/ Equitable Bank - https://www.equitablebank.ca/covid-19 First National - https://www.firstnational.ca/residential/covid-19 Haventree - https://www.haventreebank.com/customer-centre/covid19faq/ HomeEquity Bank - https://www.homeequitybank.ca/homeequity-bank-communicatio/ Home Trust - https://www.hometrust.ca/statement-from-home-trust-on-covi/ Laurentian Bank - https://www.laurentianbank.ca/en/covid.sn MERIX / Lendwise - http://info.merixfinancial.com/COVID-19-Customer-FAQ Magenta - https://magentainvestment.ca/news-events/ Manulife Bank - https://www.manulife.ca//update-on-covid/covid-19-faq.html MCAP - https://www.mcap.com/covid-19 RMG - https://www.rmgmortgages.ca/covid-19 Scotiabank - https://www.scotiabank.com//late/coronavirus-covid-19.html RFA / Street Capital - https://www.rfa.ca/CustomerService TD - https://www.td.com/ca/en/personal-banking/covid-19/faq/

As a mortgage broker I work for you. I have access to multiple lenders to find the product and rate that meets your needs. A mortgage specialist at the bank wor...ks for the bank. They have access to 1 lender and want to sell their product, not necessarily what is best for you. Now more than ever you need a broker on your side. Contact me for a free consultation. I’m here to help and answer your questions. See more

If you are a homeowner 55 years or older a reverse mortgage might be right for you. It allows you to access up to 55% equity in your home with no monthly payment. Ask your Mortgage Alliance Professional for more details.

If you’re carrying high-interest credit card debt, and you have more than 20% equity in your home, it can make sense to roll those other debts into a new mortga...ge. You get one manageable payment, better cash flow, and interest savings. We are all navigating turbulent waters and many things are changing. The most important advice we can give you is to get in touch early if you’re anticipating any challenges.

Today marks 50 years of celebrating Earth Day. Although mother Earth is getting a much needed break it is not a wanted one. We hope everyone is staying safe at ...home. If you are looking for ways you can take part in #EarthDayAtHome check out https://earthday.ca/april-22/campaign/earthdayathome/ #EarthDay #OurPlanet

These are just some of the ways Mortgage Alliance Professionals are keeping their customers safe while conducting business. #StayHome #PhysicalDistance #WorkRemotely

https://www.bankofcanada.ca//04/fad-press-release-2020-04/

https://www.mortgagebrokernews.ca//lower-interest-rates-to

https://www.theglobeandmail.com//article-what-the-bank-of/

https://www.theglobeandmail.com//article-nine-things-mor/