Services
We make the residential mortgage approval process easy. It’s time to destress the homebuying process. Don’t let the big banks fool you into thinking that you cannot obtain a mortgage.
What is a private mortgage?
A private mortgage is similar to a traditional bank mortgage, but it provides you with a lot more flexibility.
You can shop around with this type of mortgage, allowing you to find an individual or business that is willing to provide you a mortgage on your terms.
It doesn’t have to be impossible to secure a mortgage with a solid term and a great interest rate.
Private mortgages are best for
• Self-employed individuals with secure income and collateral
• Newcomers
• Property investors looking to launch a project
• Individuals with poor credit that have been turned down by major banks
• Specialized interest payment only loans
Banks only see you as a number, we see you as a person
It’s time to make your dreams a reality.
Buying a home through a major bank is nearly impossible if you have a low credit score.
You work hard every day, you deserve to buy the home of your dreams and our private mortgages make that possible.
The Xpert advantage:
We specialize in helping individuals secure a private mortgage that works for them. Don’t let the big banks turn you away, Xpert has an approved network of reputable lenders that are ready to give you the chance to be a homeowner.
Mortgage Refinancing
Becoming a homeowner is a rewarding experience for many reasons. Mortgage payments can be expensive, especially if you live in a major city where housing prices are on the rise.
Why you should consider mortgage refinancing
The average homeowner will not pay their mortgage off in one payment. They will slowly pay it off over a 20 to 30-year period.
Mortgage refinancing helps you:
• Secure a favorable interest rate that works for you
• Save money every month
• Capitalize on changing interest rates
• Escape an unfavorable mortgage
• Consolidate several debts into one easy payment
Mortgage refinancing is a popular option in today’s market.
If you are looking to refinance your mortgage, here’s what you’ll need to know:
• Your credit score
• The value of your house
• Any blackmarks on your financial history
It’s really that easy.
Don’t get stuck with yesterday’s interest rates
Big banks don’t always take on the tough deals and that isn’t fair to you.
For over 15 years, Xpert has looked at and thrives on the tough deals.
If you are looking to refinance your mortgage, contact one of our financial advisors to see all your options.
Construction Loan
Constructions loans are a great option for individuals that need a loan to build a home.
A typical construction loan is used for:
- Purchasing land
- Covering rental expenses
- Building a home
- Renovating existing structures
How do they work?
A construction loan is different than a traditional mortgage. They tend to carry higher interest rates and are paid back over a much shorter term.
After the initial approval stages, the loan is released, allowing you to start building the home you want to live in.
How are they repaid?
Because construction loans have shorter repayment periods, most individuals refinance the loan into a traditional mortgage once construction is complete.
Building the home you want, from start to finish
Sometimes it is difficult to find the perfect home for you. We get this.
A construction loan is designed to help you build the home you want. There is nothing wrong with approaching home ownership through this route.
These types of loans may be unconventional, but that’s where Xpert steps in. We work with you to help you develop a plan of action so that you can build the perfect home for you.
Private Mortgages
Signing a mortgage with a big bank isn’t always the best option, especially if you need flexibility. A standard bank mortgage usually isn’t tailored to your financial needs and can leave a lot to be desired.
What is a residential mortgage
Residential mortgages are mortgages that are used to buy a home.
Many homeowners make the mistake of signing the first mortgage they are offered.
We won’t let that happen.
Xpert has developed an extensive list of approved lenders, making it possible for us to offer you a customized residential mortgage that works for you.
Here’s who we help
• Self-employed individuals
• Newcomers
• Individuals with low credit scores
• “Tough cases” turned down by the major banks
Getting approved is easy
We make the qualification process easy.
Here’s what we need:
• Proof of income
• Credit score
• Financial stability
• Any assets you can use as collateral
Our goal is to provide you with a personalized residential mortgage before you go house-hunting.
Let’s talk
Don’t let the mortgage process discourage you. Xpert is here to help.
For over 15 years, we’ve been helping individuals secure attractive residential mortgages.
Everyone deserves the right to buy a home – together we can make that possible.
Debt Consolidation
Debt consolidation is the process of combining multiple debts into one easy to follow debt. Whether you are combining multiple high interest credit cards, overdue bills, or a leftover car payment, debt consolidation is an easy way to get your finances back on track.
Here’s the deal with debt consolidation
Who wants to make multiple payments at different interest rates? No one. Meet with one of our financial advisors to learn how you can consolidate your debt and make a single monthly payment at a much lower interest rate.
Credit card debt usually comes with an outrageous 19% interest rate. With a debt consolidation plan, you will spend much less paying your debt, allowing you to save more for your future.
Our Debt Management Plans are designed with you in mind. We work with your creditors to negotiate a more attractive single debt payment.
What does this mean for you?
You stress and spend less on your debt and focus on what’s important in your life.
How do I qualify for debt consolidation?
Qualifying for our debt consolidation is easier than you think. The four categories that we look at are your proof of income, credit history, financial stability, and equity.
Proof of Income
This is often considered the most important factor of debt consolidation. Life happens, we make mistakes, and massive debt can be crushing. Being able to prove your income will go a long way into helping you secure a favorable loan to consolidate your debt.
Credit History
Your credit history shows the entirety of your payment history as reported by major companies you do business with. It is usually calculated using a score that determines how trustworthy you are when it comes to repaying your debt.
Financial Stability
Debt consolidation loans require a lender to take on a certain amount of risk. If they are going to take on this loan, they want to make sure that they are giving these loans out to people who are financially stable and able to make their monthly payments.
Equity
When all else fails, equity is another metric that lenders look at. Equity is simply the amount of assets that you have that can be used as collateral to secure a loan. If you own a home, you more than likely already have a respectable amount of equity available in the value of your home.
We’re here to help you
You’re not alone when it comes to debt. Many Canadians struggle with it. The first step is identifying the problem and developing a plan to combat it.
Were you rejected by a big bank? No problem. We are here to help you.
Xpert has been working to help Canadians consolidate their debt for over 15 years. Together, we can help you overcome your debt, build your credit score, and help you plan for your future.
