FIRST TIME HOMEBUYERS
Purchasing a home is a very big commitment and your mortgage could be the single most important financial decision that you will ever make. Breaking down and simplifying that process is what we do best here at Bespoke Lending Solutions. We are best equipped to explain your options and recommend financial solutions to get your mortgage approved at the lowest rate and most flexible terms.
We assist the first-time homebuyer through every step of the mortgage process:
· The Pre-Approval
· Purchasing the Home
· Paperwork
· Closing/Lawyer
REFINANCES
In simple terms, refinancing means replacing your pre-existing mortgage with a new one. When you go through the refinancing process, your first mortgage is paid off and you receive a new loan with a different interest rate and payment term. You don’t have to refinance with the financial institution who originally loaned you the money to purchase your home. When you switch mortgage companies, the new company will pay off the old home loan in full. Homeowners who want to leverage the equity in their homes can refinance their property.
Some reasons for this may be:
· Consolidate high interest loans
· Home renovations
· Lower interest rates and lower payment options and even shorter terms.
RENEWALS
Is it time to renew your mortgage yet? Oftentimes, borrowers simply sign and return the mortgage renewal form that is first offered to them by their existing lender without ever shopping around for a more favourable interest rate. Before you sign the dotted line, take control and consult our mortgage professionals to negotiate the best rate available to you. Our bespoke brokerage services allow those of you who would like to renew your mortgage various options that might make much more sense for your situation.
We now know that two thirds of Canadians sign their renewal without researching what the competition has to offer. This is the exact opposite of the homework that’s generally done at the onset stage of searching for a mortgage, at which point most Canadians spend a lot of time and expend a lot of effort shopping around. By omitting the same consideration at the time of renewal, thousands of your hard-earned dollars are lost every year
Bespoke Lending Solutions is at a unique position having ex-bankers lead the team. Having over a decade of past banking experience, the founders of Bespoke have been able to pass down their knowledge and expertise to the team. This not only grants our brokers an eagle-eyed view of what’s going on in the lender side, but also makes us prone to spot a wider array of options for our clients
INVESTMENT PROPERTIES
Purchasing an investment property is a great way to build financial security for you and your family. However, it is important you are aware of possible mistakes to avoid as this process has its own set of complexities. Investing in real estate is a prime option for those planning for the future. At Bespoke Lending Solutions, we have an extensive background in helping our clients build real estate portfolios.
Our brokers begin with a detailed plan to help you select and finance your real estate purchases. Whether you are purchasing one investment property or multiple real estate locations, our mortgage specialists have the knowledge to answer any questions you may have. We like to take into consideration your financial position, preferred payment period, and plans for the future.
Our connections to banks and lending solutions guarantee that you will receive the best possible rate for your situations. Where you plan to generate regular rental income, interested in long-term real estate investments, or are converting your home into a rental property, we can help plan your investment property mortgage.