Mortgage Information

If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.

There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.

I would be happy to refer you to some very good mortgage contacts I have in Kelowna, or to help you in any other way I can to secure the best possible rate for your home purchase.

 Meet LEWIS MacDONALD (The-Loan-Arranger)

Lewis has been invaluable resource for my clients. As a mortgage broker Lewis has access to most every lender's product and service. He can effectively negotiate through the maze of options quickly locating that perfect mortgage for you. Unlike the banks, who are looking for reasons they shouldn't lend money to you, Lewis knows how to turn the tables around so they are actually competing with one another for your business!

I especially encourage first time homebuyers to contact Lewis as he has a wealth of information on how to build, preserve and repair your all important credit rating, helping you toward one of the most proven wealth building vehicles - Home Ownership. Call Lewis today at 862-6101 or go to his website at http://www.bcmortgage.info/

  

Use the mortgage calculators below to assist you in making some decisions around financing your new home.

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.