Here’s a few Vaughan Mortgage Broker Tips On Finding the Right Location

You might be looking for commercial mortgages or even Equity Mortgage No Income/Credit/GDS-TDS products, but the end game is always the same regardless of where you’re looking because you want to buy a property in a good location.

A place that meets all your needs for now and into the future should meet the following criteria whether you’re looking for a place that goes with investment property mortgages or something for your family to live in.

  • Transportation. There needs to be arteries into the area you’re considering and back out again, both for commuting if you’re buying a home or shipping if you’re looking at commercial properties. Granted, the types of transportation that will meet your needs will be different for each of these property types and looking for buses and streetcar routes is obviously more important to the family home buyer.
  • Future Development. A Vaughan mortgage broker knows which areas are on the upswing and others that are in decline since they deal with lenders and real estate agents in the areas you’re interested in. Deciding on a location that has future potential is a good investment.

From First Time Home Buyers/Cashback Mortgages to more involved Investment Property Mortgages, an excellent Vaughan mortgage Broker can help you get started off on the right foot.

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Rate Advisor

6 Month 3.14% 3.10%
1 Year 2.89% 2.69%
2 Year 2.84% 2.24%
3 Year 3.39% 2.34%
4 Year 3.89% 2.54%
5 Year 4.74% 2.54%
7 Year 5.30% 3.44%
10 Year 6.75% 3.84%
Variable Rate 2.15%
Prime Rate 2.85%
BenchMark Rate 4.74%
Cost Per $1000 $4.50
* Rates may vary provincially and may be subject to change without notice.
  Cost per $1000 based on 5yr fixed term rate compounded semi-annually.

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