Competition = Low Mortgage Rates

Who should be Involved When Purchasing a Home?

Buying a home is not simply a transaction between the buyer and the seller. While the process can be some what complex, there are a number of professionals that can help make the purchase of your new home go as smoothly as possible.

For example, you can enlist the services of the following professionals to help you when purchasing your new home:

• Realtor
• Lawyer
• Mortgage Broker / Mortgage Lender
• Home/Property Appraiser
• Home Inspector
• Builder's Representative (if building a new home)

Did your Bank Refuse to give you a Mortgage?

Don't be embarrassed if your current bank has turned you down for a mortgage because it happens more often than you think. At Alberta Equity Mortgages, we know it can be frustrating for clients when the bank they have been dealing with for many years, denies them a mortgage.

So, why not let our professional brokers go to work for you? We have access to numerous national lenders who are willing and eager to lend money in situations where the bank is not. Do not let your bank stand in your way and deny you the home of your dreams, simply apply online today!

Find out your Credit Rating

Before looking at a mortgage, it may be a good idea to find out if you have a good credit score rating before approaching a lender, especially if you have any doubts.

Credit bureaus should provide a credit rating report to you at no charge. You can obtain a free copy through the mail by calling Equifax at 1-800-465-7166. You must fax two pieces of government issued identification, social insurance number, date of birth, current address as well as any address you have had in the last five years, and the name and number of your current employer.

Expect to wait at least ten days to receive your report by mail. Once you have your report you will know if there are any roadblocks in the way of your mortgage. Any mortgage broker can assist you with your credit report, but will also need to verify it by a credit check once you are ready to proceed with your mortgage.

Watch out, although any credit information you request personally has no effect on your rating, the number of credit checks you have banks or credit institutions perform will show up on your report and may lower your credit score.

Alberta Equity Mortgage Consultants

Our qualified and professional mortgage consultants offer personalized service to all of our clients. They are extremely knowledgeable and will offer:

• The most competitive rates while dealing with all the major lending institutions
• The maximum amount of flexibility in financing choices
• The widest choice of mortgage options including variable rate mortgages, fixed rate mortgages, capped variable rates, rental properties, mortgages for the self-employed, etc.

The advice and counseling needed to sort out credit and assess mortgage qualifications.