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Get Pre-Approved For the Home of Your Dreams

  • Get approved within 4 hours
  • Available for phone calls within 90 minutes
  • We work with over 60 different lenders
  • Understand what you can afford
  • Gain confidence when placing an offer
  • Get the banks competing for your business

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.

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Learn More About Personalities of Your Mortgage?

personalities-of-your-mortgage-product

  • Learn about what questions are important to ask your potential lender
  • Gain understanding on the difference between fixed and variable rates
  • Increase your knowledge on bank/financing related jargon
  • Become aware of the different aspects of a mortgage that can affect your mortgage financing decisions
  • Discover aspects of the mortgage process that are often overlooked when considering a mortgage.
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What Is a Pre-Approved Mortgage?

In today’s real estate market, sellers have realized that it is not necessarily difficult to get an offer on a property, but it can be very difficult to close on the property. This is because it has become increasingly difficult for buyers to obtain mortgages since the collapse of the housing market. While in the end this is an improvement towards providing mortgages to those who cannot afford them, it still provides some speed bumps in the purchase of a home.

Many realtors and real estate sellers look for buyers who already have a pre-approved loan at a certain number. A Pre-approved mortgage has become more popular in recent years as a way to show realtors and property sellers that a buyer is not only mentally prepared but also financially able to purchase a home. It has become common for many home buyers to go to a bank and apply for a pre-approved mortgage before they begin shopping for a home. Getting pre-approved for a mortgage as your first step is beneficial for many reasons. First off, it gives you a better sense of just how much money you will be able to borrow and what your price range will be. This in turn grants you more confidence when making an offer and it gives home sellers more confidence in accepting any offer that you do make.

Getting pre-approved for a mortgage is similar to the initial stages of getting a traditional mortgage for a home. The lender will look at your financial information—including your income, debt-to-income ratio, financial history, credit score, and a number of other financial indicators. After analyzing your information, the lender will present you with a pre-approval letter with the amount that he or she is willing to loan you. These letters generally expire after a set period of time, but the offers can last anywhere between 30 days to 90 days. While the offer is virtually guaranteed, getting an offer from a lender does not mean you are required to choose that lender for your loan. It is a good idea to shop around a little and see what offers different lenders will give you. Before starting the process of getting pre-approved for a mortgage, there are a couple of things that you should get in order and consider. First of all, gather all of your financial information and organize it. This can include tax statements, pay stubs, investment history, and recent bank statements. Lenders will use all of these to help determine your mortgage amount.

Remember that you are not required to get quotes from only one lender; instead, you should look around and find the best deal . Always keep an eye on how high your credit score is. In the very early stages of buying a home, you should investigate your credit rating and find out how to improve it. A higher credit score often helps secure a larger pre-approved loan amount with lower rates. Once you have a pre-approved mortgage, your home buying experience will become a little easier.

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!

Guide to Obtaining Good Credit

GLM Mortgage Group will help you to obtain the good credit you need in order to secure yourself a mortgage. Our free Guide to Obtaining Good Credit will provide you with the steps you need to improve your credit quickly. We show you how to obtain your credit report so that you are fully aware of what needs to be improved on as well as making sure there are no errors (as many as 80% of consumers have errors on their credit reports!). It can take as little as 30 days to improve your credit score! Download our free Guide to Obtaining Good Credit.
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Use our Mortgage Calculator

In searching for the right home for you, it’s good to know how much your mortgage payments will be and what you can budget for your payments. Our easy to use calculator will show you how much of a mortgage you can afford as well as what mortgage payments to expect based on the amount of the purchase price. At GLM Mortgage Group we believe in educating our clients. We give our Clients the tools they need to be as well informed as possible. Budgets are extremely important and our calculator makes figuring out mortgage payments easy as well as the right fit for you!
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Posted Rates

Canadian banks post rates that are generally higher than what a Mortgage Broker can offer. This is because the big banks (for example, Bank of Montreal and Royal Bank of Canada) expect you to negotiate down their rates. At GLM Mortgage Group, we post the best rates available anywhere. We have over 90 Lenders that we work with which is good news for our clients. We have the leverage to negotiate the best rates out there. Remember, GLM Mortgage Group works for you! Not the bank! We will get you the fastest YES at the sharpest rate….guaranteed!
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