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
Mortgages are not the same as they were a decade ago!
Lenders have created internal policies that allow the flexibilities that consumers need with a fast paced ever changing mortgage market Not all mortgages are created equal Many people shy away from longer terms such as 7 and 10 years because they think there will be a big penalty to pay the mortgage out if something changes As an Accredited Mortgage Professional- I am not only looking at the best rate-- I am also looking at future flexibility.
Each lender is different- however I always structure my clients mortgages with lenders who allow 2 things
1) Prepayment options- allowing you to make extra payments on your mortgage every year to pay the principal balance down
2) Portability-allowing you to move the mortgage to another home That means if you choose a 10 year term and in 5 years decide to move to a new home-We can look into “Porting & Blending” the current mortgage and moving the current rate and term to the new home.
Every clients situation is different It may be that a Line of credit, Open Mortgage, 3 year term, 5 year term, or a Variable rate is the best option.
As a Mortgage Broker, I work for you – the client- not the bank. That means that we can go through all of the options and decide what is best for you and your family With interest rates at all time lows ranging from 2.69% to 3.99% (depending on the term), t’s a great time to look at purchasing or renegotiating your current mortgage. Renegotiating early may mean early penalty fees. I will run your numbers forwards and backwards to see if there is any savings to move your mortgage early. It is always in my best interest to do what is best for the client—as repeat business and referrals are how I grow my client base. If it makes sense to move your mortgage I will let you know- if it is better to wait to your renewal I will give you that advice.
Did you know that your CMHC insurance premium may be portable? Depending on how long you have owned your home for – and how long ago it was insured, may give us the opportunity to move all of, or a portion of the premium to the next home When you call my office we will always look at every opportunity to save you money.
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