Purchasing your home is one of the biggest and most important decisions that you can make. Tammy Wandzura your Trusted Saskatoon Mortgage broker and the team at Elite Mortgage Choice  believe that buying a home should also be an exciting experience with little to NO stress. By trusting your Mortgage Broker, you are ensuring that any stress you may have had in previous encounters can be eliminated!

Tammy truly believes that all you should have to worry about is opening the door to your new home for the very first time.

Here Tammy shares some BIG NEWS and a great mortgage tip!

April Showers Bring May flowers

Doesn’t seem to be what is happening this year!
It is comical to see the posts & emails that Saskatchewan folks are sharing in regards to this winter wonderland that does not seem to be going away fast enough

The weather has definitely impacted the movement of Real Estate this Spring.

The sunshine, flowers and green grass is typically a sure bet that the real estate market is hot and fired up….with the never ending cold and snow many folks are waiting for warmer temps to start the house hunting process.

That being said we have heard recently that the well priced, solid homes listed for sale have seen multiple offers and are selling quickly!

We may have a slow start to the 2013 Spring Real Estate market- but there has never been a better time to buy with rates well below 3% on a 5 yr fixed and only 3.69% on a 10 year fixed!

Many home owners and first time home buyers are choosing the 5 year fixed giving them a solid sense of security for the next 5 years.

The 10 year fixed rate of 3.69% should not be overlooked!

Not too long ago this was the best 5 yr fixed rate!

Giving consumers 10 solid years of security knowing their rate will not change is a sound financial move.

As promised I come to you with some BIG News! 

I have recently moved locations!

I am available via the same contact methods (email, fax, phone, website) the only thing that has changed is my address

#1-511 1st Ave N Saskatoon, SK S7K 0X1

Some very exciting news that goes along with the move is that we are proud to announce that we are opening up a new furniture store on site called First Avenue Furnishings.

I have always had a passion for assisting my mortgage clients and adding value at every stop!

Exceeding Clients Expectations has been the long term goal for the past 10 years.

My love for my clients & my personal love of Design and Home Decor recently presented an opportunity!

Our new furniture store will provide Saskatoon residence new, funky, fun designs

Great Design, Great Product, Great Quality…and what we are all looking for; Great Value!
We will be carrying sectionals, couch’s, Outdoor furniture, Dining Room tables, coffee tables, accessories, Wall art and more!

No need to search in other cities or provinces…we are right around the corner and will pride ourselves in having many In Stock items that you can take home same day!

Large furniture included!

Stay tuned for Date of opening details!

Feel free to come and visit me anytime in the meantime at 1-511 1st Ave N- or give me a call at 306.933.3386 to say hello!

On the Mortgage side of things- please don’t forget to tell your friends, family and colleagues a MORTGAGE BROKER is your best option!

Recently a past client came to me with the renewal details she received from her local Big Bank.

She advised that I could share this info to remind consumers of the difference in BROKER vs BANK:
Rates at renewal were offered:
5 yr 5.24%
7 yr 3.79%

….based on my rates listed above you can see that the bank simply hoped my client would close her eyes and sign the dotted line.

Paying an additional 3%!

3% is a HUGE increase.

Once the lender found out that the client was working with a Mortgage Broker they became much much more aggressive.

My question – WHY does it take the lender knowing they are in a competitive situation to offer a current client the best product up front?

This same lender – and many lenders in Canada are offering & advertising great rates right now.

Some very close to a Mortgage Broker rate.

The decision comes down to after care customer service.

In the past 4 years we have contacted everyone in our data base and discussed their mortgage and different rate options that may be available to them.

I can guarantee that you have not received a call from your local bank asking if you would like to lower your mortgage rate?

Please consider a MORTGAGE BROKER for all your mortgage needs.

We will always work for you not the bank.

Visit my website at www.elitemortgagechoice.com for all the most recent rates and up to date news!

Mortgage TIP for April 2013:

The Bank and CMHC require very specific proof of downpayment and where your downpayment comes from.

The lenders require proof of savings for 90+ days .

Keep all of your downpayment savings in ONE account.

It is much easier and requires us to ask for a lot less paperwork at approval time!

Thank you so much for your past, present and future support and referrals! 

Refer a friend (successful or not) and your name goes into our draw for a $1000.00 travel voucher.

If it becomes a successful referral you will receive a $50.00 Gift Card!

Have a great April!

Best Regards,
Tammy Wandzura
Saskatoon Mortgage Broker

Call Tammy Wandzura today at 933.3386 for all of your Saskatoon mortgage needs OR visit www.elitemortgagechoice.com

Make an appointment with Tammy Wandzura at TMG, #1-511 1st Ave N or check out her listing on the SASKATOON DIRECTORY in the SASKATOON MORTGAGES Category..she is a Trusted SASKATOON MORTGAGE BROKER Expert!

Listen to Tammys current Radio ad here! http://www.elitemortgagechoice.com/wordpress/wp-content/uploads/2012/02/SP0085.mp3

Buying a home is one of the most important and exciting steps in your life.... now that pesky financing! Deal with people who can offer you and your family the best options for you with Your Mortgage Now! Devin Cristo and Wes Will are your Saskatoon Mortgage Experts and they have years of experience helping individuals and families finance their dreams by offering mortgages from a variety of lenders for people from all walks of life.

They are your Trusted Saskatoon Mortgage Experts!

Here Devin and Wes share a Trusted Saskatoon Mortgage Tip on Insurance:

Is Insurance Really that Important?  

When it comes to the long list of important things you have to think about when buying a new home, insurance for your mortgage is likely nowhere near the top.  But an unexpected accident, illness or death can quickly change all of that.

What if this happened to you?

There’s a common misconception that only middle-aged or older people need to think about insurance. Unfortunately, our claims files tell some eye-opening stories about:

• A young couple, both killed in a freak accident when a bridge collapsed;
• A younger mother killed by a brain aneurysm, just months after giving birth to twins;
• Another mother killed, trying to protect her disabled son from being hit by a car.

Sure, once you are older it is generally true that there are more risks associated with your health. But young people also tend to have fewer assets than older ones. That means there are no extra resources to draw on if, all of a sudden, a regular source of income is gone.

Don’t save now, only to pay a lot more later

Anyone who has purchased a home has probably been there. You start out by setting a budget, but then you find the perfect house that is just a little bit beyond. You can’t say “no” to your dream for only $10,000 or $20,000.

Then, you find out that property taxes are higher than you expected, and that’s only the beginning. By the time you get to the point of finalizing your mortgage, you’re more than a little nervous about the new financial commitment you’re about to take on.

It’s only natural to want to avoid unnecessary costs at a time like this. But insurance is not “unnecessary” – especially in a situation where you feel like you’ll be financially stretched. If you’re going to have to work hard to make ends meet now, what would happen if one of the family breadwinners were to die or become disabled? How would you continue to meet the mortgage payments with only one income, or with none?

Your family’s dream home could be that again – just a dream.

Saskatoon Mortgage Brokers | Our Services Are 100% Free!

Buying a home is one of the most important and exciting steps in your life.... now that pesky financing! Deal with people who can offer you and your family the best options for you with Your Mortgage Now! Devin Cristo and Wes Will are your Saskatoon Mortgage Experts and they have years of experience helping individuals and families finance their dreams by offering mortgages from a variety of lenders for people from all walks of life.

They are your Trusted Saskatoon Mortgage Experts!

Here Devin and Wes share a Trusted Saskatoon Mortgage Tip:

High-Ratio Mortgages & Current Rates:

Mortgage Information, Rate Updates, and More...

Current Mortgage Rates Rates are subject to change without notice. For the most current rates, call (306) 244-7755. High-Ratio Mortgages When you need a mortgage that is more than 80% of the purchase price of your home, mortgage loan insurance is required. In Canada, mortgage insurance is provided by either CMHC, a crown corporation, Genworth Financial or Canada Guaranty, Mortgage insurance protects the lender and, by law, most Canadian lending institutions require it. Having mortgage loan insurance means that if you, the borrower; default on your mortgage, the lender is paid back by the insurer. With the risk of losing their money removed, lenders have confidence to make mortgage loans up to 95% of the purchase price of the home. That means your down payment can be as little as 5% of the purchase price of the home. How Much Does it Cost? A premium will be applied. It depends on the amount of your mortgage in relation to your purchase price. The larger the down payment the less the premium. Although you are permitted to pay the premium up front, most borrowers pay it back over the life of their mortgage by including it with their monthly payments. Down Payment Premium 5% 2.75% 10% 2.00% 15% 1.75% 20% 1.00% Money Saving Tips • The decision to grant credit and the interest rate you can successfully negotiate will be strongly influenced by your past credit history. The best thing you can do is avoid debt as much as possible, always pay your bills on time, do not charge your credit limit up past 75% of what’s allowed, and the less you inquire for credit the better. • Ask your lender for details in the trade off between slightly higher payments and a shorter amortization. For some buyers with good budgeting skills, ask what the payments would be over a twenty year amortization instead of twenty-five. In return for slightly higher payments, you could shave five years off your amortization, build equity in your home faster, and be well on your way to being mortgage-free sooner. • Take advantage of any prepayment privileges your lender will allow. Treat your regular payment as a worst case scenario in which it will take twenty-five years to pay off your mortgage. Any extra payments you make go directly in your pocket, because every dollar you pay over and above your regular payment goes directly to principal. That means, whenever possible, a few hundred dollars here and there can quickly add up to a few thousand saved later on.     Devin Cristo - Broker License# 315791 • Wes Will - Broker License# 315790 Your Mortgage Now 801A 47th Street East, Saskatoon, SK S7K 8G7 • p: 306.244.7755 • f: 306.244.7756 info@yourmortgagenow.ca     A Proud Member of Your Mortgage Link - Brokerage License# 315794

Mortgage Rates 2.79% - 3 Year Closed 2.84% - 5 Year Closed Click here for more! Rates are subject to change without notice. For the most current rates, call (306) 244-7755.   Did you know....   Family Day Events Family Day is Monday Feb 18, 2013 Here are some ideas and events to spend your Family Day in Saskatoon Skating Go Skating at the many outdoor/indoor rinks. Click on the Rink Schedule below for available public rink times. Rink Schedule Beaver Creek Conservation Area Follow Lorne Avenue South 13 km on Highway 219 1:00 p.m. – 4:00 p.m. Take advantage of the winter break to experience the joy of nature. Enjoy the trails and come and go activities. A nature inspired craft will be offered daily from 1 - 4 p.m. Continuum - Affinity Gallery 813 Broadway Avenue 1:00 p.m. - 5:00 p.m. An exhibition celebrating 18 artists who continue to produce bodies of work, spanning a time period of 40 years. The works will narrate the passage of time through the growth of these artists in their work. Family Day! Children's Discovery Museum     Own a Local Business? Contact us today about featuring your local business in our next monthly Newsletter! Email us at info@yourmortgagenow.ca

Buying a home is one of the most important and exciting steps in your life.... now that pesky financing! Deal with people who can offer you and your family the best options for you with Your Mortgage Now! Devin Cristo and Wes Will are your Saskatoon Mortgage Experts and they have years of experience helping individuals and families finance their dreams by offering mortgages from a variety of lenders for people from all walks of life.

They are your Trusted Saskatoon Mortgage Experts!

Here Devin and Wes share a Trusted Saskatoon Mortgage Tip:

Why Down Payments Matter

All lenders expect you to put some cash down on your home purchase. This is Down Payment and the minimum here in Canada is 5% of the purchase price. A Down Payment less than 20% makes for a high ratio mortgage and although you can get the same interest rate as someone applying for a conventional mortgage (>20% down), there will be CMCH, or (Genworth) insurance fees attached, according to the Bank and Trust Company Acts. The amount of insurance fees charged is relative to the mortgage size and your down payment amount - the current level of equity in the home. So remember, the more money you can save and put toward down payment, the lower your mortgage and payments will be!

Down Payment becomes increasingly important if your credit history is less than great. Some lenders will overlook past credit blemishes, not verify income and other financial status, if you have 35% to 40% of the purchase price for your down payment.

This equity that you build in the home goes to the banks in the unfortunate event of foreclosure. Hence, the larger the down payment the more protection the banks have. This is why your CMHC (or Genworth) fees are higher if your down payment is lower.

For CMHC fees, follow the link:                    

http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm

 Be sure to have your down payment ready at least 30 days before you apply for a mortgage loan.

 Ways to Accumulate a Down Payment

 - Start saving as much as you can as soon as you can. If you've already talked to mortgage lenders and they've informed you that your down payment is insufficient, make it a priority and find ways to save money such as foregoing a new car or a vacation trip.

- If you have enough equity in your RRSP, you can borrow the money from your account up to $25,000 Down payment can be borrowed from a secured line of credit or can be gifted from a family member.

Buying a home is one of the most important and exciting steps in your life.... now that pesky financing! Deal with people who can offer you and your family the best options for you with Your Mortgage Now! Devin Cristo and Wes Will are your Saskatoon Mortgage Experts and they have years of experience helping individuals and families finance their dreams by offering mortgages from a variety of lenders for people from all walks of life.

They are your Trusted Saskatoon Mortgage Experts

Here they share a Trusted Saskatoon Mortgage Tip

Get Pre-Approved in Minutes

House hunting; what can you afford?

Find out and hold the rate for up to 120 days. Its FREE and no obligation.

A mortgage Pre-Approval is an important first step in getting a mortgage for 2 reasons:

• The pre-approval gives you a good idea of what mortgage size you can afford.

• The pre-approval will hold a rate for up to 120 days, thus protecting you from any sudden rate increases.

Our Pre-Approvals are:

• FREE, No Obligation

• Kept on Secure Servers for Your Privacy

• Guaranteed to be the Lowest Interest Rate for 120 Days with certain lenders

• Fast and Easy – 5 minutes on the phone today and your mortgage can be pre-approved with rates locked!

Your mortgage pre-approval will be based on the information given and the supporting documentation provided by you. Please be honest and up front with us. We will then work together to get you approved at the best rate and terms. Our job is to shop the mortgage lenders on your behalf. As mortgage professionals, we put the client first. The most importage mortgage is YOURS!

The five factors that count the most when lenders are deciding whether you qualify for a mortgage loan are:

• Your income

• Your debts

• Your employment history

• Your credit history

• Your identity

• Your property value When you understand how a lender will judge your loan application, it is easier to see your own strengths and weaknesses as a loan applicant.

A strong loan application will have these features:

• A housing expense ratio no greater than 32% (Now optional) (the lower the ratio, the better)

• A debt-to-income ratio no greater than 44% (the lower the ratio, the better) • The home buyer has steady income - ideally, the same job for two years or longer

• The home buyer has good credit (bills have been paid on time)

• The house is worth the price the buyer is paying

Your Income

One of the first questions a lender will consider is how much of your total income you'll be spending on housing. This information helps the lender decide whether you can comfortably afford a home. If the house payment represents a large portion of your income, you're more likely to have trouble making these house payments because of your other potential expenses (such as car, furniture etc.). On the other hand, if the house payment is a small portion of your income, chances are better that you can truly afford the house. When you're applying for a loan, the lender will look at your 'gross income'. Your 'gross income' is all the money you earn before taxes, including overtime, commissions, dividends and any other sources. You must be able to show a steady history for these sources. For example, many lenders will count income from a part-time or seasonal job as long as you can show that you've had the job for at least two years.One important thing your lender will do is compare your housing expenses now to the expense you'll have if you buy a home. The smaller the increase, the stronger your application looks.

Your Debts

In addition to your income, a lender will look at your debts. Generally your debts include your house payment as well as payments on all loans, charge cards, child support, etc. that you make each month. If you’re overloaded with debts, perhaps taking equity from your home to consolidate your debt is a viable, cost saving option. Your Employment History You don't need to be wealthy to qualify for a mortgage, but a history of steady employment in any occupation helps. Lenders are more likely to lend money to people who have worked for several years at the same job, or at the same type of job. However, if you've only been in your current job a short while, this won't necessarily stop you from getting the loan, as long as you've had regular income over the last year. The lender will check your employment; usually by asking you for a letter from your employer which is signed and states how long you have been on the job and how much money you earn. If you're self-employed, or if you've been at your job less than two years, the lender may ask you for additional information (such as federal income tax statements) concerning your income and work history.

These are the kinds of questions a lender considers when reviewing your loan application:

• Have you been at the same job for at least two years?

• Have you been in the same occupation for at least two years?

• Have you had gaps in your income over the last two years?

• How long do you expect to stay in your current job?

• Is the co-borrower (if any) employed?

• If either you or the co-borrower lost your job, how long would you be able to make your mortgage payments?

Your Credit History

Good credit is very important in qualifying for a loan. In addition to your ability to pay (as indicated by your debts and income), a mortgage lender will look at your willingness to pay. This will be judged by your credit record - that is, how well you've paid your loans and other debts in the past. When you apply for a loan, the lender will order a credit report for you. It's a good idea to order a copy of your credit report before you apply. It will show your record of payments on loans, charge cards and other similar debts. If you've never had a loan or a charge card, you can show that you have a good record of payment on your utility bills and rent.

Your Property's Value

When you choose a home, the lender will want to know that the house is worth the price you plan to pay. In fact, the loan amount that the lender approves for you will be based on the value of the property. The value of the property is a lender's best assurance that they can recover the money they lend you - even if you stop making mortgage payments. If you stop making payments, the lender has the right to sell your home to pay off the loan - a process called "foreclosure". The lender wants to know that the property could be sold at a price that's worth the loan amount. If you decide to sell your home before you've finished paying off your mortgage loan, you'll want a price that allows you to pay back the loan balance (and perhaps make a profit as well).

That's why it's important to have a professional appraisal of the value of your home. Your Identity Identity theft is a growing problem in Canada for both individuals and for lenders. To make sure no one is falsely using your identity to borrow money for a home, we will ask to see photo identification. We may also ask you some questions about your credit history to confirm the information that's on record at the credit bureaus.

Want to know if you're pre-approved? Apply online today!

Purchasing your home is one of the biggest and most important decisions that you can make. Tammy Wandzura your Trusted Saskatoon Mortgage broker and the team at Elite Mortgage Choice  believe that buying a home should also be an exciting experience with little to NO stress. By trusting your Saskatoon Mortgage Broker, you are ensuring that any stress you may have had in previous encounters can be eliminated!

Tammy truly believes that all you should have to worry about is opening the door to your new home for the very first time.. Heres Tammys Latest Mortgage Tip

As a Trusted Saskatoon Mortgage Broker it is important to me- that I not only provide the best service when you find your dream home but I am also assisting in giving back knowledge It’s also important for me to assist in educating consumers on how their credit works- and what you can do to create the strongest credit profile so that you qualify for the best terms, rates and lending the banks in Canada allow

Trusted Tip:

 I highly suggest that consumers avoid buying or leasing big ticket items or increasing debt while trying to prepare to qualify for a mortgage Purchasing a new car furniture, boat, ski-doo or major appliances can worsen your Debt vs Income ratio, which can make clients ineligible for the best loan terms.

The Mortgage Broker industry is fairly new compared to other industries. For many year the major chartered banks had a tight grasp on mortgage lending As a Mortgage Broker our industry has forced lenders to compete with rate, product and service levels. In the last year, 86% of bank customer used online banking. This data comes from a new J.D. Power and Associates report. It’s also reported that customer satisfaction has dropped a significant 5% at the major banks. It is getting to be very convenient to do as much of our personal banking over the phone, email, internet, fax etc.

We are here to work with you. We have been working with thousands of clients over the past 10 years positioning their mortgages quickly, effectively and efficiently over phone, fax and email. As your Trusted Saskatoon Mortgage Broker it is important that I have the best service available on the market. I have the continued experience & Knowledge directly related to everything “Mortgage” It’s our goal to assist you throughout the life of your mortgage. Giving you flexible lending solutions- and contacting you throughout the term(s) of your mortgage to ensure that you have the opportunity to change things if you need to.

I recently attended a CMHC (Canada Housing and Mortgage Corp) meeting It is always interesting to get CMHC’s perspective directly; as there is a lot of media that leads us-as consumers- to worry about the Canadian Housing market As we know the Media needs to sell –so some of the information can be exaggerated to make a good story CMHC indicated some really interesting information to us. First of all- the majority of clients that are buying CMHC insured homes have a 720+ Credit Score (that is very good), they are putting 20%+ downpayment (this is an average across Canada), and the average mortgage is $175,000.00.

Arrears (late payments) are well under control. In Saskatchewan we have had a strong and healthy market for the last 5-10 years – and the future is looking very positive Alberta had a little slow down, but they are also coming back strong. The fact that the Western provinces are holding strong- and stats across the country are showing that the Canadian Banking system is in good shape – is all very good news !!

Although the roller coaster of mandated changes to the mortgage rules in the past 12-24 months has seemed fast and many of us haven’t been able to understand some of the reasons to the changes…. It seems that the Canadian government has a good handle on what is best for us now and the future. We have seen rules tighten and loosen year over year. Depending on what is happening in the Global market will also determine what we see here in our back yard. AS a first time home buyer or an experienced home buyer I highly recommend hiring a Mortgage Broker We will be here to listen and to guide you in the right direction in everything mortgage related

Best Regards Tammy Wandzura

Call Tammy Wandzura today at 933.3386 for all of your Saskatoon mortgage needs OR visit www.elitemortgagechoice.com

Make an appointment with Tammy Wandzura at TMG, 506 Queen Street or check out her listing on the SASKATOON DIRECTORY in the SASKATOON MORTGAGES Category..she is a Trusted SASKATOON MORTGAGE BROKER Expert!     

Listen to Tammys current Radio ad here! http://www.elitemortgagechoice.com/wordpress/wp-content/uploads/2012/02/SP0085.mp3

Trusted Saskatoon.com THE Saskatoon Directory   is proud to be hosting a Talk to the Experts show " The Trusted Show' Monthly on Newstalk 650 ..the first show aired June 9th.  Find them all here in our tips library or on our Trusted Channel on You Tube which is a fabulous resource of Tips , Interviews, Demos and Tours.

What this means is you can listen to all the shows ON DEMAND, you can share them with friends who may be interested in the shows subjects and this makes sure you never have to miss a Trusted Show - we think out of the Box when it comes to marketing, so we can provide the BEST Possible service for YOU the public- we are the Ony Local Directory that works for you...and the only  place to offer this kind of service in Saskatoon !  

This latest show we are featuring is the TRUSTED SASKATOON  PERSONAL FINANCE SHOW

The show that aired on Newstalk 650 CKOM in nOVEMBER 17TH  2012 starts with Sara , the Trusted Directory Founder, chatting to Brent Loucks about Trusted and how it works, along with some of the the Saskatoon Trusted Partners on the Saskatoon Directory of excellence. 

All of the questions on the show have been submitted by our wonderful Trusted Saskatoon Facebook Fans  and one lucky fans question was chosen by Brent to win the Prize package submitted by the 3 Trusted Businesses worth over $2000 INCLUDING A CARIBBEAN CRUISE FOR 2 !

This months experts are Trusted Saskatoon PERSONAL FINANCE EXPERTS and they answered questions about SASKATOON MORTGAGES, SASKATOON FINANCIAL SERVICES  and SASKATOON INSURANCE ....we know you are going to get lots from hearing the responses to the questions YOU want the answers to.

This months ' Trusted Saskatoon Experts' are:

Deb Murdoch from TMG a Trusted Saskatoon Mortgage expert answering all the mortgage questions ..and there were lots - Deb is the generous partner that has donated the cruise as a prize- in fact anyone that finances with Deb receives a Cruise as a thank you  ..call her to find out more!

Wendy Cooper from GPS Financial is your Trusted Saskatoon Financial Expert  answering all your investment and personal finance questions, Wendy provided an amazing RIDER PRIDE Gift basket - Go Riders!

and Jennifer from O'Reilly Insurance our Trusted Saskatoon Life Insurance Experts  answering all of your life, health and critical Illness insurance questions...

We had over 150 questions submited and the 3 partners will answer all the questions in later blogs ..so If your didn't get answered on the show they will be answered by the experts...enjoy!! 

PART 1  

PART 2

Buying a home is one of the most important and exciting steps in your life.... now that pesky financing! Deal with people who can offer you and your family the best options for you with Your Mortgage Now! Devin Cristo and Wes Will are your Saskatoon Mortgage Experts and they have years of experience helping individuals and families finance their dreams by offering mortgages from a variety of lenders for people from all walks of life.

They are your Trusted Saskatoon Mortgage Experts

Here they share their first Trusted Saskatoon Mortgage Tip

What To Do With Your Mortgage When You’re Selling

Unless you own your home outright, you'll need to discharge your current mortgage when you move. Usually, you'll have 3 options.

OPTION 1: Pay Off Your Mortgage

This can be a good choice if:

• • You have a 'fully open' mortgage with no prepayment charges

• • Your remaining balance is small

• • You're not planning to buy again

• • Current mortgage rates offer you no financial advantages

This may not be a good choice if:

• • You have a 'closed' mortgage, where charges apply for paying it off

OPTION 2: Take Your Mortgage With You When You Move

• • Take your existing mortgage with you when you buy a new home; if you like, you can increase your loan amount and blend your existing rate with the current market rate for the new funds

OPTION 3: Allow Your Buyer to Assume Your Existing Mortgage

This may be a good option if:

• • You took out your current mortgage when interest rates were much lower (often attractive to buyers)

• • You're buying a smaller property and still have several years remaining on your term (could help you get rid of your mortgage without prepayment charges).  

Are you purchasing a new home? Renovating? Debt Consolidating? Let Deb help you get the best interest rate. Her services to you are free. Give her a call today..she gets the job done! . DEB MURDOCH is a Trusted SASKATOON MORTGAGE BROKER ..and an expert in the mortgage industry!

Here Deb Shares her first Tip ..and some Offers and inncentives that you will LOVE LOVE LOVE!

Do you know the difference between using a mortgage broker and a bank to obtain your mortgage?

A Saskatoon mortgage broker is independent and works with many lenders to find the right product and rate for the client. The mortgage broker’s loyalty is to their client. We do not get paid unless we can fund the deal for our client. A bank is one lender with a set of products that is accessed by the mortgage broker or the client directly. Banks provide a set of products and rates which the mortgage broker will compare to other lenders to determine if it is the best product and best rate for their client.

One of the reasons mortgage brokers get discounted rates from the banks is that there is no overhead associated with us. The only payment we receive is if we fund the deal with them. A mortgage broker provides an unbiased opinion on your financial options. The bank on the other hand is responsible to its shareholders.

If you have any further questions for Deb Murdoch about Mortgages why not attend the Homeownership 101 session on Oct 29th at the Willows ? 

ANOTHER great reason to choose Deb Murdoch as your Saskatoon Mortgage Broker would be because you will receive a free CRUISE!!!

www.trustedsaskatoon.com  loves partnering with amazing businesses, and we are proud to introduce our newest partners in the Trusted Saskatoon Mortgage category – Devin Cristo and Wes Will with Your Mortgage Now! This team has been helping individuals and families finance their dreams for years, and they always welcome the opportunity to try their best to save you THOUSANDS! (who couldn’t use that kind of advice!!!!) .

Personally, when I bought my home, I had no knowledge of the Mortgage industry, and did not know a heck of a lot about mortgage brokers and what they do to help. I felt “safe” dealing with the bank…so that’s what I did. Wow. What a mistake! I had no idea that just by working with a mortgage broker, I would be working with someone who had my best interests at heart… not theirs; someone who would work with you to find the best mortgage rate possible….not the one that guarantees the bank a profit. The team at Your Mortgage Now are experts there to help you and your family regardless of your situation. If you are looking to purchase a new home, Devin and Wes can help you discover how much home can you afford and whether you should be locking in to a fixed rate or taking advantage of a variable mortgage rate. Your Mortgage Now offers you expert advice on how to save money and pay off your mortgage quickly, and can get pre-approval for you in as little as 24 hours! They are there to help with mortgage renewal, where you can look at over 20 different mortgage lenders with no cost to switch.

Devin & Wes together with Jillian Hare the Office Manager , whos dedication and creative process are a great asset to the company and Nicole Kozar,  Mortgage Assistant who is studying to become a Mortgage Professional and is eager to help.  

Need to do some major renovations? Or perhaps you just need to consolidate debt and get out from under some payments….Your Mortgage Now also provides mortgage refinancing services so that you can reduce your interest costs and move forward. Go talk to them! Not so much of a chatty Cathy? Apply online! Just like they say…..”it costs you nothing, and could save you thousands!”

When asked what sets them apart Devin Cristo said that “. I am always free to help. Your home is my priority.” and Wes Will said “I am always free to help. The most important mortgage is YOURS!!!”, and cleaerly they mean it , as all their clients  that we spoke to agree that they deserve to be a Trusted Saskatoon Mortgage Experts!