Danny Bell
Mortgage Broker - M13001996
danny.bell@premieremortgage.ca
Tel: 888-561-2525 | Cell: 289-200-9061
A mortgage stress test is an assessment implemented by banks/financial institutions to ensure people can afford their mortgage payments even if interest rates rise in the future. The stress test requires mortgage applicants to qualify for a mortgage...
Income types come in many forms, but not all are created equally, particularly when it comes to mortgage applications.  Certain income types require a thorough assessment based on a 2 year average. Let's explore these income structures!Â...
Fixed = Rate and payment stay the same over the term
Variable = Rate and payment subject to fluctiation
MORTGAGE TIPS: ARE RATES GOING UP?Some stats show YES. I've summarized articles I've read and I suggest reading this.Current Best RatesFixed rates: 4.99% - 5.59% (Avg = 5.29%)Approx $598/month per $100k (25 yr amortization)Â Â Variable rates:...
Why Danny?1) Will work for you to get the best deals available2) Trusted and backed by many happy previous clients3) Will help walk you through the entire mortgage process4) Uses his expertise to ensure you and your family get what you need Â...
What qualifies as fraudulent paperwork and lying on a mortgage application?Altered or falsified pay stubs, letters of employment or other docsMisleading or inflated info about income or length at a jobMisrepresenting job status (full/part-time,...
Whether you are first-time buyer or an experienced buyer with excellent credit, The Mortgage Centre has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Learn MoreThrough training and certification, we have a good understanding of available products, features, and rates. We are here to keep your mortgage moving forward with our Mortgage Market technology, we have electronic access to various major lenders in Canada, so you’re not tied to one lender or one type of mortgage.
Learn MoreWe understand that mortgages can be confusing and intimidating. To help demystify the process, The Mortgage Centre provides a glossary and a variety of free calculators to assist you in researching, and planning your mortgage.
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