PURCHASES AND REFINANCES

Coverage Matters have been assisting clients with their mortgage purchases and refinances in all over Canada.

Coverage Matters have been assisting clients with their mortgage purchases and refinances in all over Canada. We know how to get you the best deals and service to make sure you have the best experience and results. Mortgage purchases and refinances are very different, and therefore require different skills and expertise to properly execute a mortgage that suits your needs and financial objectives.

Coverage Matters will work with you to access your mortgage for either a purchase or refinance anywhere.

With a free consultation, we assess your long and short-term financial goals to help select the right mortgage product. A mortgage is similar to any physical product you can purchase in a store or online. A mortgage requires some attention to the finer details, terms and conditions associated with that mortgage. Interest rates are important and will most likely be any client’s main objective. Aside from rates however, it is important to talk about the terms and flexibility of your mortgage including the length of term, type of rate, amortization, etc.

For purchases, you may want to consider the duration of time you will spend in that home amongst many other factors. For a refinance, it may be smart to consider consolidating any high interest debt into your mortgage to allow you the flexibility of paying less while freeing up cash flow. We think that over time, Brampton home owners have been readjusted to focus primarily on the bank posted rates and less on ‘mortgage flexibility’. With our services, we will go through the extent of working out multiple scenarios for your purchase or refinance to ensure that you understand the difference between your options, therefore making it easier to draw on the pros and cons of each route.