Residential Mortgages

House Purchase - Buying a home is one of the biggest financial and lifestyle decisions you will make, our experts will make sure you are equipped with the right information to make an informed decision. Before indulging the demanding process make sure you are financially able by asking yourself the following questions:

• Do you have the necessary financial management skills?
• How financially stable are you?
• Are you ready to take on the responsibility of all the costs involved in home ownership, including mortgage payments, repairs, and maintenance?
• Are you able to devote the time required for home maintenance?

Fixed Rate Mortgage - Sets or locks your interest rate and monthly payment for the duration of the term, so you know exactly how much principal and interest you will be paying during the term.  A fixed rate mortgage offers stability and eliminates any anxiety of fluctuating rates.

Variable Rate Mortgage - The interest rate will fluctuate as the prime lending rate set by your lender changes.  In other cases your monthly payments will fluctuate depending on how many times the Prime Rate changes during your term.