Calgary, AB - January 9, 2017 - (Newswire.com)
Steven Crews, My Mortgage Broker offers intelligent mortgage solutions for their clients. The agency is one of the best mortgage brokers in Calgary working with Verico Mortgage Solution. The experts at My Mortgage Broker, not only promises but also helps their clients. Being an independent mortgage broker, the agency has been in the mortgage industry since 2010, and all their services are licensed and certified.
As far securing several payments every month is not just a hassle, it is also pretty expensive. The dollars are possible to get stretched to the limit between the car loan, credit card bills and other monthly obligations. Considering this, having just one small payment seems more worthwhile instead of securing a bundle of small payments.
The interest on mortgage rates in Alberta or home equity loan is much lower, meaning chances are high to save money by paying less in interest and more in principle. With a debt consolidation home equity loan, one can be completely debt free in no time.
A mortgage or home equity loan is considered a secured loan. The amount one borrows depends on the difference between the value of one’s house and the amount that one owes on the home, which is the equity amount.
For those refinancing their home, the maximum they are allowed to borrow is up to 85% of the value of their home. This is a little difference one should look to purchase, where one is allowed to borrow up to 95% of the purchase price.
Securing a debt consolidation loan in Calgary is not a complex process. The process is more or less similar to the one that involves the first purchase of a home. There is an application process that requires the lender to provide some documents to confirm his or her current income (employment letter & pay stubs) and some details about the current home (mortgage statement, municipal tax bill).
About the Company :
My Mortage Broker offer Intelligent Mortgage Solutions. Steven Crews is one of the Best Mortgage Brokers in Calgary working with Verico Mortgage Solution.
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Original Source: Secure a Debt Consolidation Loan With My Mortgage Broker
