Your Edmonton Mortgage Broker for Dominion Lending Centres

Aug. 22, 2009 - PRLog -- Your Mortgage Expert

Are you looking for real estate in Canada? If so, you should seek the advice of Sheldon Moylan, Canadian based mortgage expert. Affiliated with Dominion Lending Centres, Sheldon will make sure you understand the process of getting the type of loan you need. There are many types of loans and mortgages available and for the consumer it can be quite confusing. This is why you need an expert to help you decide on the right type.

Options

Whether you are looking for a refinance, a home equity loan or a home purchase there are many things you will need to know. For example, you want to get the lowest interest rate possible. This will keep your payments at a comfortable level. This is extremely important in today’s economy.

Do you need money for your child’s education? If so, Sheldon Moylan can help you to decide if you need to refinance or if a home equity loan can help. The differences between the two can be quite overwhelming for the average person.

One of the advantages of a home equity loan is being able to access cash faster than with a refinance. This is often an option for those with a very good first mortgage. They may be comfortable with the rate of interest they are paying. The equity you have in your home can build up rather quickly, especially if it was a good purchase in the first place.

Are You Looking to Purchase a Home?

If you are looking to purchase a home, help is available here as well. The first time home buyer needs a lot of guidance throughout the process of purchasing their home. From the interest rates to buyer’s protection there are many aspects of the purchase that are very confusing.

Many people are unaware of all the programs there actually are for purchasing a home. There are different ones for those with good credit, challenged credit and no credit. If you think you cannot get a home loan, you might be surprised. With no down payment, interest-only, rental purchase and self-employment programs, more people are qualifying for loans to buy their own home than ever before.

All of these reasons are exactly why you need a mortgage specialist such as Sheldon Moylan to get you on the right track. Do you already own your home and want to do a renovation? He can help with this as well as many other types of mortgages specifically designed to fit the needs of homeowners. Options such as borrowing up to 90% of your home’s value minus what you still owe can go a long way towards the renovations or a major purchase.

Knowing what your options are before you sign the papers will help you to make the choice that is best for your situation. Everyday people go into these transactions without knowing what they could have done. After the paperwork is signed, it is too late to find out you could have gotten a better deal. Only by consulting with someone who is experienced in the whole mortgage/loan business will you know what the best plan may be for your needs.

Before you do anything - refinance, apply for a home equity loan or buy a home - let the expert explain your options and what they mean to you. Do not wait until it is too late to find out that you should have done things entirely different than what you did. Let your mortgage expert, Sheldon Moylan, go to work for you.

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Your Mortgage Expert

Are you looking for real estate in Canada? If so, you should seek the advice of Sheldon Moylan, Canadian based mortgage expert. Affiliated with Dominion Lending Centres, Sheldon will make sure you understand the process.