Many of us desire to build our dream home that meets all of our needs for many years to come. Construction mortgage financing is a popular choice for many Canadians; however, building a new home does not come without its challenges. There are many financial considerations and steps to be taken. At times, the process can feel overwhelming. We are here to help you create a budget and guide you through the home building process with your new construction home. We will show you what the lenders require in order to grant a new construction home mortgage.

Have you relocated or immigrated to Canada within the last 5 years and are looking to purchase your first home in your new country? We can help!

There are many programs available to for those that are new to Canada to help you realize your dream of home ownership. Most programs allow as little as 5 percent down of the purchase price, subject to some conditions and which are not limited to: permanent residence status, some Canadian credit history and gainful employment. We can help you navigate through the many mortgage programs and products, and to help you with your present and future borrowing needs when you’re new to Canada and setting down roots. 

Are you and your family wanting to buy a new home but aren’t quite sure if you would qualify to do so? Do you have more questions then answers?

In the pre-approval process, our team will sit down with you and go over your budget and your credit history while we educate you on all of the factors that lenders are looking at when reviewing your application. Additionally, our team will review the costs that come with closing a home, such as legal fees, down-payment amount, cost of transferring land, appraisal fees and any other fees that could potentially affect you when purchasing a home.

Working with one of us means you will be better equipped to begin searching for that dream home. Once you’re approved, you’ll also be eligible to get an interest rate for a time period of up to four months! The rate that you secure will give you protection over any rash interest rate increase. You will also receive the lowest mortgage rate right until your house and mortgage closes if mortgage rates were to decrease during your hold period.

Have you found a home you love but dislike the current décor? We can help!

Many re-sale homes may require some updating such as and not limited to: new doors, flooring, roof repair, exterior improvements, and interior finishes. The latest purchase plus improvements solutions help the home buyer manage these updates. You will need to provide copies of the certified quotes and /or a copy of the certified contract of the renovations being completed, coupled with the signed and executed purchase agreement to us for review. This will ensure that the purchase plus improvements will increase the overall value of your new home and confirm whether the lender has approved the renovations.

Many Canadians face financial hardship at one time or another due to poor financial information, job loss, divorce or illness, and do not know where to turn for advice or guidance once they develop bruised credit.

We, at Premiere Mortgage, are here to help you in a non-judgmental and fully transparent environment. Don’t let past or present credit issues hold you back from taking the steps to realize your dream of home ownership or consolidating existing credit card and loan debt with your existing home equity. There are many alternative lenders in the Canadian Mortgage Market that have programs to help you get back on your feet following bruised credit.

We can help build a roadmap to help you re-establish your credit history and help you get control of your financial health.

Do you dream of owning a cottage, second, or vacation home that you can escape to on weekends? We can help. Owning a vacation home for you and your family to enjoy is attainable with as little as placing 5 % down! There are many mortgage solutions available in today’s market to help you realize your dream of vacation home ownership.

Have you worked diligently to pay your mortgage off, want to take advantage of the current market and capitalize on your current equity? You can borrow up to 80% of the current market value minus your existing mortgage.

There are many reasons to refinance your current home, vacation, or rental property: debt consolidation, home renovation, investment purposes including adding to your real-estate portfolio, paying for your children’s education and financing your dream vacation. The possibilities through a mortgage refinance are endless.