As most mortgage brokers and mortgage agents in Mississauga, can attest to, is that it would be prudent to get anything of value from a mortgage refinancing commitment standpoint, in writing. I can not count the number of times I was in the branch environment, across from customers who were blue in the face, confirming …

In my many years as a mortgage agent with the bank, and subsequently as a mortgage agent licensed with the Province of Ontario, I have seen hundreds of applications approved and some not given any consideration as a result of non-qualifying criteria. In this section, we will cover some of the most common concerns and …

When dealing with a large financial institution, negotiating a better refinancing rate for your mortgage can sound intimidating, if not an outright terrifying task when entering your local branch. Sitting on the other side of the desk, and contemplating the power that the mortgage representative may have in approving or declining any mortgage application, can …

As a former mortgage representative, having completed hundreds of refinance deals for a multi-billion dollar financial institution, I have seen many opportunities to have fees waived and interest rates cut, when a customer decided to refinance with our company for a new mortgage, or in some cases, threaten to transfer out to a competing institution …

“Why would I want to refinance my mortgage today?” Is a question, I was asked by clients on a daily basis, when it came to finding savings and consolidating high interest debt with a new mortgage. As a former mortgage representative for a multi-billion dollar lending institution, I have had my fair share of discussions …

A question that comes up fairly frequently in the renewal process of a mortgage: If I switch my mortgage from my bank to another lender to get a better rate, are there any fees? Neither we nor the new lender will charge you any fees. All legal fees and appraisal costs are absorbed by the …