Mortgage Rates Hamilton – Expert Mortgage
Are you looking for the best mortgage rates in Hamilton? We can help even if you are you currently experiencing debt issues, have bad credit, you are self-employed, or other unfavourable financial situations that are hindering you from being approved for a mortgage by the banks? Expert Mortgage wants to work with you! Expert Mortgage is a an experienced mortgage brokerage specializing in working with people with bad credit and unprovable income. We can help you find mortgage rates in Hamilton that suit your individual situation. Read on for more information about how you can find the best mortgage rates in Hamilton for your situation, at Expert Mortgage.
We make it a point to treat every single client as an individual who needs a mortgage solution designed just for them. Expert Mortgage professionals have been providing effective financial solutions to clients for over two decades. When you come to us looking for mortgage rates in Hamilton, we will make it our mission to find you a solution that works best for you.
Click here to schedule a five minute call with one of our brokers to get expert advice on how we can help you. All of our mortgages are custom and will be tailored to meet your specific needs!
Subprime lenders do not provide high-ratio mortgages (i.e., your equity or down payment must be no less than 20% of the value of the home). Because these lenders are prepared to finance mortgages that are more risky, they can charge a premium of between 1-2 percent over traditional interest rates, and sometimes for a much shorter term. Unfortunately prime lenders are very strict when it comes to borrowers that have poor credit.
In many cases clients find themselves in a Catch 22. They have high interest debts and high monthly payments that they want to reduce. But they cannot pay off these debts with lower interest loans because their credit history is so poor! Borrowers facing in situations like this feel that they will never be able to catch up. However, there are solutions that we use to help to get clients in these kinds of difficult situations to get back on track.
If you need a mortgage and have a blemish on your credit record, or if you need to re-mortgage to pay off bad debts, there are lenders who offer “bad credit” mortgages.
For more information about mortgage rates in Hamilton from Expert Mortgage, please feel free to continue browsing through our website. We can be reached at 1-844-397-3780 or by filling out our contact form.