Popular Mortgage Products

Popular
 
 

Alberta Equity's Most Popular Mortgage Products

At Alberta Equity, finding the best mortgage product available for every unique client is our top priority. Our brokerage has access to hundreds of financing options, along with the expertise and longevity necessary to find the best one suited to you.

Take a moment to familiarize yourself with our most popular products, as described in brief below. The financing you need, with the flexibility and terms that will help you pay down your mortgage more efficiently, is available. Contact one of our associates today or inquire online for more information on the products that interest you. We will be happy to assist you.

Apply online for our most popular mortgages. We're happy to assist you.

First Time Homebuyer

First Time Home Buyer

Purchasing a home is a large investment and can be an intimidating experience, especially when obtaining financing for the first time. Alberta Equity Mortgage Brokers are readily available to help you every step of the way and to find the right mortgage product for your first-time home buying needs.

First time home buyers can:

  • Take advantage and choose a no money down mortgage if savings are tight
  • Put five per cent down for some of the best and lowest mortgage rates in Canada
  • Easily access CMHC and their step-by-step purchasing guide
  • Obtain unbiased advice and access to over 80 lenders in Canada through Alberta Equity
  • Harness the negotiating power of Alberta Equity Mortgages and take advantage of our services
  • Access the homebuyers check list
  • Learn more about First Time Mortgages
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Experienced Homebuyers

Mortgages for Experienced Homebuyers

Roughly one in five Canadians will own five or more properties in their lives. If you are amid plans to move or looking into a second property to generate rental income, look no further than Alberta Equity for your home financing needs. Whether moving up or downsizing, finding the right mortgage product will save you significantly over the length of your term. We will do the foot work of finding that mortgage for you.

Experienced Homebuyers’ Mortgages are available:

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Mortgage Refinance

Mortgage Refinance

Refinancing your mortgage will allow you to access equity you have built in your home, up to 80% loan to value (LTV), to allocate as you deem fit. Refinancing your mortgage may also allow you to consolidate a variety of higher interest debts into your mortgage payment, and to achieve a lower interest rate than the one your mortgage is attributed currently.

A Mortgage Refinance will:

  • Free up to 80% of the value of your home to apply as you determine. This could mean the purchase of a second property, a new vehicle, tuition or a prime investment opportunity.
  • Clear all outstanding loans or debts of varying interest rates and consolidate them into one low-rate mortgage payment.
  • Allow you to take advantage of today’s low rates.
  • Learn more about Mortgage Refinance
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Debt Consolidation

Debt Consolidation

If you have built at least 15% equity in your home, a helpful alternative to regular debt management is open to you. Debt consolidation allows you to use the equity you have built in your property to pay out all of your outstanding debts, and incorporate those payments into your mortgage, usually at a much lower interest rate.

Debt Consolidation is:

  • Practical. A valid way for you to start re-building your credit.
  • Convenient. Pay all of your debts without worrying about missing due dates or incurring late payment fees.
  • Relieving. Have the peace of mind of knowing all of your outstanding balances are paid in full.
  • Cost effective. Stop paying interest rates in the double-digits. Incorporate all of your debts into your low-rate mortgage payment.
  • Learn more about Debt Consolidation
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Mortgage Transfers

Mortgage Transfers

When you become unsatisfied with the terms and rate attributed to your mortgage, you do have the option to break that contract and transfer to another lender. Transferring your mortgage will in most cases result in penalty fee. Alberta Equity will assess your unique situation to ascertain if transferring your mortgage is in your best interest, and the best route to take to do it.

Mortgage Transfers can:

  • Save you money and time if pre-payment options are not admissible within your current mortgage contract.
  • Get you the terms and flexibility you are looking for in a mortgage product.
  • Access you a lower mortgage rate than that which you are currently paying.
  • Learn more about Mortgage Transfers
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Mortgage Renewal

Mortgage Renewals

Every year more than half of the Canadians whose mortgage comes up for renewal will simply sign their renewal forms without shopping around. Your mortgage renewal date is an opportunity to negotiate for a better rate and better terms. Alberta Equity will shop the mortgage market on your behalf to find that better mortgage product for you.

Mortgage renewals are:

  • Your opportunity to negotiate a more competitive rate with the flexible terms you need.
  • A chance to switch to a lender more suited to your financing goals.
  • A prospective money saving occasion.
  • Learn more about Mortgage Renewals
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* Note: Posted rates are for residential mortgages only. Commercial mortgage rates will differ.