Mortgages should be simple. Lennie Rampone and Aaron Marsh are here to make the process of finding the best mortgage stress-free. They’ve facilitated funding for over 500 million dollars of mortgages in their combined 20 years in the Real Estate finance industry. There isn’t a situation they haven’t encountered. This makes their team of Kelowna mortgage brokers one of the most trusted and experienced in the country.
Since they have access to over 50 lenders, they’ll do the shopping to find your best possible mortgage options.
Whether you’re looking for a mortgage pre-approval, mortgage renewal, are refinancing your home, or just have questions about working with a private mortgage lender, let us know.
Getting started is simple. Put our years of experience to work for you.
Neither! A mortgage broker has a portfolio of lenders they work with to meet their clients’ mortgage needs. That’s one of the chief reasons brokers help their clients get better deals – unlike banks or other financial institutions, brokers are looking to help you get the best deal on your mortgage, not fill up a target mortgage product quota.
Regardless of mortgage rates, if a down payment is less than 20% of the home or property value, mortgage insurance is mandatory in Kelowna (and across Canada). Mortgages have built-in insurance premiums, so, therefore, the clients do not pay “out of pocket” for this expense. For mortgage lenders, a down payment of this size is more of a risk, so the mortgage insurance premium acts like a guarantee in the event of a default on the loan.
Mortgage life insurance provides coverage that would pay off in the event of death or disability of the home owner. Contact our office in Kelowna for more information and to find out about your mortgage life insurance options.
We’re excited to help you secure the right mortgage. As Kelowna mortgage brokers, it’s what we’re good at.
