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Mortgage Refinancing2020-11-13T18:21:32-08:00

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Interested in Mortgage Refinancing?

With the interest rates we’ve been experiencing for the past year or so, it may seem like there is no end in sight to historically low rates. Thus mortgage refinancing companies are becoming better and better options.

Why should you choose GLM Mortgage Group?
“We Get You a Fast “YES” at the Sharpest Rate…Guaranteed”

Contact Us Now For a Free Consultation

We will call you back in no later than 90 minutes and help determine the right mortgage fit for you.

Private & Alternative Lending

What Can be Done When the Banks say “NO”

  • How much of a down payment you will need

  • Your ideal term length should be

  • What interest rates you’ll pay

  • What fees are associated with a private mortgage

  • What documents you’ll need for the process

  • What conditions your private mortgage will have

Private & Alternative Lending

What Can be Done When the Banks say “NO”

  • How much of a down payment you will need

  • Your ideal term length should be

  • What interest rates you’ll pay

  • What fees are associated with a private mortgage

  • What documents you’ll need for the process

  • What conditions your private mortgage will have

Mortgage Refinancing

Assuming you can qualify to refinance through a mortgage refinancing company, here are some things to consider.

Your Overall Financial Picture

Using a mortgage refinancing company to refinance you home can be a great way to save money. It can also be a great way to get you into financial trouble. A lot of people nowadays need more money than ever. If something bad happens like a retrenchment or if someone gets sick, or if there is simply an opportunity to increase your savings or take advantage of better market rates, there are many reasons why you should refinance. Here are some reasons.

Better interest rates

This is best purpose for getting home loan refinancing. It’s probably logical to look for home refinance loans which will let the home mortgage owner  refinance to attack lower interest rates.

You can get your home mortgage refinancing company to travel from an adjustable rate mortgage to a fixed rate mortgage. Homeowners who are risk verse alterations in market rates that involve mortgage refinancing could be fulfilled with adjustable that definitely proffer gainful monthly payments. Home loan refinancing that present adjustable rate home mortgages are ideal if the owner of the house only means to dwell the home only a few short years. Although if the owner of the house only means to reside the home for a long period of time the owner of the house should bear in mind tenderly switch for a fixed rate term mortgage. This kind of home loan mortgage may probably hold a higher interest rates when compared to an adjustable rate mortgage but the owner of the house’s payments will remain being constant.

Break free from large bumps in payments

Home mortgage refinancing companies that have programs which have a balloon payment are great when the borrower desires better interest rates and a much better initial monthly payment that are comparable to adjustable rate mortgage refinancing plan. However, the total the balance shall still be payable to the home mortgage refinancing company if the home being mortgaged is still in your possession in the closing stages of the balloon payment term. The homeowner can possibly convert to an adjustable rate mortgage.

Once and for all Break out of Mortgage Refinance Insurance

Small down payment mortgage refinance options are accessible to be had people. These plans sadly calls for a probable mortgage insurance that has been designed protect the lender in case the mortgage fails. This prerequisite for private mortgage insurance is not considered necessary anymore because the general actual market value of the borrower taking out a refinance’s property is raised and the principal on the person getting refinancing is cut.

Some spare cash can be obtained from your house equity

If the overall market value of the homeowner looking for refinancing home goes up, cash out home loan refinancing becomes accessible to pay off a party or credit cards or a new swimming pool. Mortgage refinancing in Canada can be easy, provided that the involved parties (the borrower and the mortgage refinancing companies) abide by the rules and policies.

Similar to other countries, mortgage refinancing in Canada is a lawful and common process; but it is always suggested to use the services of a qualified mortgage broker or agent. Brokers make it easy for you to find a beneficial second mortgage on your property without being worried about any legal procedure, documentation or long term consequences. The GLM Mortgage Group will take care of the entire deal and also accept some crucial works such as signing documentation and taking vital decisions.

Contacting the GLM Mortgage Group can help you reflect on all the different aspects of refinancing that will keep you safe and aid you in securing your financial future.

  • Exceeded Our Expectations

    Our son-in-law and his wife recommended your company to us. We are so thankful that they suggested your…
    Vancouver Mortgage Broker Company to us. The content of information that you provided to us for our refinance was absolutely fantastic, couldn’t have been handled any better. We had a couple of glitches that came up but Wrenetta took care of them immediately and brought our stress level back down. I don’t think we have ever had such a smooth flowing experience in attaining a new mortgage. This experience exceeded our expectations. Paul & I are extremely overjoyed and blessed to have worked with this company and especially Wrenetta Sinclair. Wrenetta dealt with every problem immediately and every time I emailed her, I had a response with minutes. We highly recommend Geoff Lee and GLM MORTGAGE GROUP to anyone looking for finance/refinance. Thank you so very much.

    Paul & Betty Makarenko, Beeton Ontario

  • Beat Banks Rate Hands Down

    Geoff was awesome from the get go. Always answered any questions I had regarding the entire process whether… that was by email or phone. My mortgage was approved relatively easily and with a great rate. This mortgage broker beat my banks rate hands down. Thanks again Geoff and GLM. Would definitely use you guys again.

    Greg Wallace, Langley, BC

  • Geoff Knows What He Is Doing

    Geoff knows what he is doing! I met Geoff earlier this year and I have been extremely impressed with…
    his professionalism and dedication to his clients as a mortgage broker. If getting approved by the bank is challenging for you, Geoff can teach you what you need to do to get approved. He’s not about the sale, but helping people understand their options and teaching them what they need to do. If you like to get things done quick and painlessly Geoff at GLM Mortgage Group is your man!

    Rob Torrance, Langley BC

What is the GLM Mortgage Group?

GLM Mortgage Group, powered by Dominion Lending Centres, is your Vancouver and Lower Mainland Mortgage Brokerage service. We are always ready to move forward with you to obtain the mortgage you need with the sharpest mortgage rate available. Whether it’s a fixed rate or variable rate mortgage you are after, we are dedicated to finding the best mortgage rates in Vancouver, including Home Loans, Consolidation Loans, Lines of Credit and more. No matter what you need, our team of Mortgage Specialists will follow through to find the best mortgage product that fits your individual circumstances. Our free online mortgage calculator keeps you informed on how much your mortgage payment will be as well as show how different mortgage rates will affect the mortgage you require.As your Vancouver mortgage broker, GLM Mortgage is committed to clear communication with our clients. We make sure you are informed on all the mortgage options available to you. We call you back within 90 minutes to make sure that you have the fastest service available.

We are not only available in Vancouver and the Lower Mainland, we are also available across Canada.GLM Mortgage Group is your Vancouver mortgage specialist. With over 22 years of experience in the investment industry we know how to wade through the challenging process of getting a mortgage. We provide smarter options to putting your mortgage in place. We know how important it is to have an experienced professional Mortgage Specialist available to walk through your mortgage experience and stay with you through to the very end.We get you a fast “YES” at the sharpest rate… guaranteed! Call us now so that you can get that mortgage you’ve been waiting for. We already have been working for you, making sure that you will have every option of a mortgage available to you. GLM Mortgage Group is on call for you!

Tools & Resources for Success!

Good Credit

GOOD CREDIT GUIDE

GOOD CREDIT GUIDE

GLM will help you to obtain and maintain good credit, which is critical for obtaining a mortgage. Our free Guide to Obtaining Good Credit outlines the steps required to quickly improve your credit.

Mortgage Calculator

MORTGAGE CALCULATOR

MORTGAGE CALCULATOR

When searching for a home, the first step is to determine what you can comfortably afford. Our free, easy-to-use mortgage calculator will help you determine the amount of your mortgage payments.

Mortgage Rates

POSTED MORTGAGE RATES

POSTED MORTGAGE RATES

GLM Mortgage Group always posts the best rates available anywhere. Our mortgage brokers have access to dozens of lenders, we’re able to find the best mortgage product and rate to match your unique needs.

TURNING NO INTO YES!

 We work with you taking on even the most challenging cases turning a NO into a YES!

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