We help You. First time buyers and experienced homeowners alike. To access the very best mortgage solutions and rates for Kincardine, Port Elgin and across Ontario. Get clear answers in plain talk - quickly - based on our decades of experience. We have a gift of simplifying explanations. You can expect pre-approvals within 1-2 hours of meeting us and actual approvals within 1-2 business days after submitting your application.
You can meet with us after normal work hours so you don't need to take time off from your job. We compare dozens of mortgage lenders, mortgages and unpublished rate specials to bring you a menu of the best options in the local market for your unique situation, regardless of credit history. You get up to 40% off purchases from The Brick and any other cost-saving program we can deliver to ease the overall cost of home ownership.
You can meet with us after normal work hours so you don't need to take time off from your job. We compare dozens of mortgage lenders, mortgages and unpublished rate specials to bring you a menu of the best options in the local market for your unique situation, regardless of credit history. You get up to 40% off purchases from The Brick and any other cost-saving program we can deliver to ease the overall cost of home ownership.
Services
About
Report
Jim Cook has been helping individuals and companies better understand their financial options for three decades. He wants to help you understand the mortgage process, get the best solution for you and your family and protect you from costly mistakes. His business is focused on first time purchasers as well as helping his extensive client base trade up, renew and refinance as needed.
Purchase
Report
You might look to a financial planner for investment advice. In the same way, you should seek a qualified and proven mortgage broker for mortgage advice with a purchase. Yes, friends and family will have their say - just like they have the perfect mutual fund or stock tip to recommend - but recognize that mortgages are part of a fast-moving, complex marketplace - and there are a lot of $000's involved.
Consolidate
Report
In 2006, CMHC advised that 71% of mortgage holders refinanced their mortgage before renewal - and that almost one-third of them did so to consolidate debt. For example, a $10,000 credit card has base payments of $300 a month. That same $10,000 in a mortgage today would be $55 assuming a 3% rate and 20-year amortization.
Trading Homes
Report
So, you're trading homes. You've decided it's time to move from your current home. When trading homes, there are some things you need to know. If you are keeping your current home, perhaps as a rental, then the existing mortgage stays as is - and we need to look at the numbers to see how much additional mortgage you can qualify for.
Investment Properties
Report
Many lenders provide the same interest rates while others either charge slightly more or simple don't provide investment property mortgages. You must have minimum 20% down payment. Qualifying is a little tougher as only 50% of the rent is added to your income when calculating ratios. There are two lenders that are more flexible in how they look at rental income which is sometimes needed to get approval.
Reviews
Be the first to review Jim Cook MHC Mortgage Services.
Write a Review