What We Do
Knowing More . . . . It Will Save You Money
As Mortgage Professionals, we know all the in’s and out’s of mortgages since it is the only financial product we work with. We save our clients time and money by getting a better mortgage in place for them. Mortgages have become more complicated over the past few years, and since it is likely the biggest major financial commitment you will make, really you should be gaining professional advice in order to understand mortgages better. We pride our educational process on helping you understand the in’s and out’s of mortgages so you can make a wise decision about your mortgage that will save you money.
We at Castle Mortgage Group Steinbach know all the local banks and credit unions and advise you on what is the best option available based on the needs you identify as important. We will run around and get the approval in place for you, rather than you arranging your mortgage yourself or waiting for an appointment or a call back. We can find you the better deal, collect the paperwork from you, and make the process easier and simpler by getting your new mortgage in place without you needing to switch over accounts or complicating the process. The lending institution where you get your mortgage from pays us a fee for helping administrate the mortgage, so you don’t pay us for our work.
Mortgages are Not a Rate
Although your rate is important, mortgages have become more complex over the last 10 years. Understanding penalty structures, deciding between a variable or a fixed rate, how long of a term you should commit to and what are interest rates likely to do over the short and long term are all things you should be taking into consideration. Each lender approaches each one of these topics very differently. We want to professionally advise you on how to get a low penalty contract and a rate that allows you to save as much money as you can.
Credit is Not Just a Score
Understanding and reading a credit score requires more than just quick glance at your number. At Castle Mortgage Group Steinbach we strive to help you understand your credit score. We can advise you how to change your score in a short period of time no matter how high or low you are. Most lenders will not see your score, so they cannot advise you on how to improve or what needs to be fixed since they do not know themselves. We commonly approve clients that have been declined due to understanding credit issues more indepth than our competitors.
CMHC is Not Just a Fee
Most people would like to avoid paying CMHC fees, but there can be advantages on paying a CMHC fee. CMHC can be a big advantage since most lending institutions use CMHC, which allows you options to switch lenders with ease at no additional insurer costs. Understanding what CMHC does and how they do it provides you convenient options on using lesser down payment amounts when financing your home. At Castle Mortgage Group Steinbach, we pride ourselves in our knowledge of what CMHC can do for you and educate you on these advantages.
