Top 5 reasons to use a Mortgage Alliance broker
Mortgage rates and products are constantly changing, and the Canadian market is more competitive than ever before. By choosing a Mortgage Alliance professional, you can access all your mortgage options with just one phone call, one application. Your mortgage...
Down payment changes in Canadian mortgage industry
The federal government recently announced additional changes to the down payment required when financing the purchase of a home. Starting in February 2016, CMHC will require a 10% down payment on the portion of the sales price of any home over $500,000. The 5% down...
How an insurance broker can help you meet your insurance needs
Lenders insist on property insurance because your property is their security for your loan. An insurance broker can help you with your insurance needs, including property insurance and mortgage life insurance. Property insurance covers the replacement cost of your...
Mortgage broker clients more satisfied than bank clients
Mortgage Professionals Canada (formerly CAAMP) recently hired Bond Brand Loyalty (formerly Maritz) to survey 2,000 Canadian homeowners. In the survey, 45% of mortgage broker clients indicated that they were “very satisfied” with their mortgage experience, compared to...