Mortgage Alliance-Vishnu Pandaran

Bank of Canada reduced mortgage rates all time low and this is the once in a lifetime opportunity to buy your dream property. As we work with more than 60+ lender who are approving our clients with LOW CREDIT SCORES, any clients whose credit score between 500-650, although bank needs more than 650 to eligible for any type of mortgage application. Rates are as low as 1.88- 2.34* fixed terms can be flexible from 1 year to 3 years*.... We help first time home buyers, mortgage refinance,HELOC,Equity,reverse mortgage,commercial property Please call 905-244-5930 and book an appointment with our agents to get an preapproval in seconds. Brokerage LIC#10530 *rates and term period might change

We are offering 2.04% 5-year, Variable, 2.40% Fixed Closed term, high ratio mortgage. Rates are subject to change without notice. Verified Income Qualified Deals. Bank of Canada has lowered rates last quarter not sure how long this rates can be hold.... **We have Limited Time offer - cash incentives of up to $3000 find out if you Qualify Now! *Term & Conditions Apply Contact us for preapproval BrokerLic#10530

We work with 100+ plus lenders including big 5 Canadian banks,Credit unions and Private lenders so we help fund salaried employees,self-employed,commercial real estate investors, looking for refinances,business loans or home equity. Mortgage rates has dropped low, hence we can get you 2.04% fixed for 5 years. Our team has helped numerous clients this year during this pandemic through financial crisis in order to get their projects funded.... If you are a first time home buyer, don't wait too long... please contact us asap for your preapproval so we can lock down the lowest rate currently available in market while you shop for your dream property. Brokerage LIC# 10530

Please like and share if you like this road map so I can keep educating everyone as much we can. Majority of my First time home buyer clients had this questions. how the mortgage approval works ? and when should we look for house ?or Should we put an offer first ? When should I look for approval or how does even preapproval works ?.... Here is the road map for everyone to understand the process.

Courtesy article link below. https://business.financialpost.com//five-year-fixed-mortga #mortgage... #homebuyes #refinance #approval See more

Courtesy of CBC.ca Canada's national housing agency is tightening its requirements for getting an insured mortgage starting next month. (Ron Antonelli/Bloomberg). The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines of between 9 and 18 per cent in home prices over the next 12 months....Continue reading

Refinance/Renewal of Mortgage in Ontario. 1) ID for all applicants (Drivers license and/or Passport and/or PR Card) Completed Mortgage Application signed by all applicants... 2) Privacy Agreement 3) Original Purchase details (date/purchase price/mortgage amount) Verification of Income: 1) Letter of Employment Recent paystubs (x2) 2) Most recent years NOA (if income fluctuates, e.g. hourly, then 2 years NOAs) Recent T4/Recent T4A with bank statements (if applicable) 3) Copy of lease agreement or full T1 Generals for rental income. 4) Separation agreement if applicable for Child Support/Alimony 5) Current Mortgage Balance/Renewal offer 6) Property tax 7) Statement Solicitors Full Contact Details. 8) Void Cheque and/or PAD Form This is just for your information, if you need any help or questions send me message I will be happy to help. Thanks, Vishnu

Checklist for borrowers - Documents you will need. Purchase. 1) ID for all applicants (Drivers license and/or Passport and/or ... PR Card) Completed Mortgage Application signed by all applicants. 2) Privacy Agreement 3) Agreement of Purchase and Sale of subject property and all schedules/waivers Realtor Listing Sheet. Verification of Income: 1) Letter of Employment Recent paystubs (x2) 2) Most recent years NOA (if income fluctuates, e.g. hourly, then 2 years NOAs) Recent T4/Recent T4A with bank statements (if applicable) 3) Copy of lease agreement or full T1 Generals for rental Income 4) Separation agreement if applicable for Child Support/Alimony Solicitors Full Contact Details 5) Void Cheque and/or PAD Form 6) Verification of Down payment (90 days history required) and closing costs (1.5% of purchase price) may be from many sources including: > Savings/Chequing accounts > RRSP account (Withholding tax may be considered) Gifted > Down payment Gift Letter completed > Sale agreement of existing home/cottage/other property GIC statements. This is just for sharing information purpose for property buyers. If need more info message me anytime. Thanks, Vishnu

Salaried, Self-Employed or Business Owners: Applying for home equity or mortgage loan or refinance. We help everyone with best,good or bad credit ratings. Banks rejected ? We can help you build credits to make you qualify for better interest rates low as 2.14%* 5years fixed rates. $ Home Renovation.... $ First-Time home buyers. $ Refinancing of home,commercial or rental property. $ Business Loans. We have helped lots clients to understand their finance, mortgage process and how they can save their own money and how they can get low monthly payments/interest rates with us. If you are planning to buy new property/refinance in next 30-45 days please contact us 416-476-4987 to get an pre-approvals and lock down on interest rates while you shortlist your property. Brokerage FSCO LIC # 10530

First-time home buyer in Ontario, here is what you need to know. If you need assistance in pre-approval for your first dream home contact me anytime.