ATTENTION: Learn How To Obtain The Best Mortgage On The Market For Your Situation
DISCOVER HOW TO CONSOLIDATE ALL YOUR BILLS INTO ONE PAYMENT AND
REDUCE YOUR PAYMENTS BY 30% - 50% OR MORE...
From: Joe Malek,
Welcome to my website. This site is very different than most mortgage websites out there. This is because I know that when you are shopping for the best mortgage financing you need more than just searching for the lowest mortgage rates.
I have 20+ years of experience and I have already helped thousands of homebuyers and homeowners and now could be your turn.
I built this mortgage website back in 1996. Just read what some of my clients are saying about me...
I found your web-site excellent. Information was obtained easily, promptly and with professionalism. My husband and I are very pleased with the service we received from you and thank you once again for your courteous and professional service. We look forward to dealing with you again in the future. Brenda and Rod - Barrie, Ontario
Hello Joe, just wanted to thank you very much for your help with our mortgage. It was a bit of a trying time for us not knowing whether or not if we were approved, but, with your hard work and perservation, you made it reality for us. Just wanted to take this time to tell the skeptics out there, that your site really does work! Thanks so much for helping us. Mr. Bennett, Hastings, Ontario
Mortgage Refinancing Tips & Mortgage Renewal Tips For Canadian Homeowners
MORTGAGE REFINANCING UP TO 80% OF HOME VALUE AT LOW DISCOUTED RATES
Helping families to be debt free sooner...
When you choose to refinance your mortgage, I work with you to simplify the process and make sure you get the right mortgage solution to fit your lifestyle and financial goals.
You can refinance today and get cash out for whatever reason, but there are many things you need to do before you apply for your mortgage.
Let me send you the exact steps right now. All you need to do is to visit my Mortgage Tips website where you can make this request in less than 10 seconds...
You really can't miss this opportunity!
Home renovations, credit card bills, car loans, your child’s university tuition, unexpected medical bills are the main reasons why you should consider refinancing your mortgage.
Your home is one of the largest assets that you may own, but did you know that you can unlock some of the equity in your home by refinancing your mortgage to help pay for these costs?
Here are 3 benefits to refinancing your mortgage:
1. Take advantage of low interest rates and save on interest costs. Because your mortgage is a secured loan, the interest rate will be lower than interest rates on your other loans, such as credit cards, car loans or line of credit.
2. You’ll pay less on interest, improve your cash flow and pay off your debt faster. You can also simplify your monthly expenses, consolidate your monthly charges into one easy to manage payment, so you spent less time managing your bills.
3. Improving your home may increase its value. Many Canadians have turned to the equity in their homes to finance renovations they have always wanted, increasing their family comfort and potentially boosting the value of their home.
Your home is a valuable resource, it represents many opportunities that can help you to tackle your debt, simplify your money management and improve your comfort.
If you choose to refinance mortgage before the end of your term then you will have to pay some fees to your current lending institution, but in many cases, it is better to pay the penalty especially when you need to consolidate bills and reduce your overall monthly payments.
Here is a look at one of my client’s situation before and after. He is self-employed and this was done without income verification under Stated income mortgage refinance program and there was NO LENDER or BROKER FEE!
If he could prove income, his monthly savings would be even greater, but still, saving $1,390.38 monthly is not bad at all, simply by saying to himself... "YES - I WILL TRY JOE MALEK's MORTGAGE SERVICES RIGHT NOW".
Testimonials (there are many more below):
Ray & I would like to thank you very much for helping us with our debt consolidation. We refinanced our mortgage and did a debt consolidation as well. We have saved at least $2000.00 a month . The process was quite easy and you were extremely helpful and pleasant. You went out of your way to help us and we appreciate the professional way you handled everything. There was no prejudging or criticism because of our position. We had approached the banks for help but found them very cold and not helpful at all. Even through some difficulties concerning the Fax machine, and Tax return forms , you were able to help us over these small obstacles. I would recommend your services to anyone who needs advice and help with any financial difficulties. We are very happy and now do not have the pressures financially that we had a few months ago. We can breathe a little easier and plan our finances a lot better. The stress has eased. The process was very easy and straight forward and we were pleased that we had access to the internet. I think your service is especially helpful to those people who are self-employed. Thank you again and may God bless you as you continue in a professional manner to help others. Frances & Ray
I was expecting my mortgage refinancing to be a chore, yet Joe took care of everything and made the entire process comfortable and easy. It was all done so quickly and with little bother to me. Joe guided me through the process step by step and worked with me via email and phone and, in a short time, it was done. The refinancing has provided me with the opportunity to more effectively manage my finances in both the short and long term, and Joe’s guidance throughout played a key role in the smoother, happier financial picture which I enjoy today. Many thanks, Joe. It was great working with you. I will definitely recommend you to anyone I know who needs your services. H. Stevenson, Ottawa, Ontario
IS YOUR MORTGAGE UP FOR RENEWAL?
If your mortgage is up for renewal in the next six months, then you have an opportunity to review your current financial situation. Your situation is most likely different than when you took out your mortgage. Maybe you have a different job or credit card debt, loans and credit lines.
Taking care of your other debt by increasing your mortgage and lowering your amortization will save you thousands of dollars in short and long run.
Don’t just settle for renewing your mortgage with your current financial institution. Let me analyze your current financial situation and I will come up with a solution to achieve your goals FREE of charge.
I wanted to take this opportunity to thank you for your great service in arranging my recent mortgage renewal. Your attention to detail, and the speed at which you operate your service, is admirable and greatly appreciated. You can rest assured that you will be highly recommended to all those who ask for my mortgage recommendations. Gary Mix, Ontario
As you can see from these testimonials, refinancing or renewing mortgage here makes the whole process simple.
To refinance & consolidate debt or renew mortgage today, just click on the button below to load online mortgage application form.
Private Lender Second Mortgages For Debt Consolidation With Rates From 7.99%
What If You Need To Borrow Up To 90% of Home Value? FAST LOANS For Ontario Homeowners
BORROW UP TO $20,000 FOR WHATEVER REASON
Do you need fast cash?
Do you need FAST CASH for whatever reason even though you already have mortgages on your house, loans or credit card debts? I am talking about a loan which is secured via a Notice of Security Interest on your home and not a mortgage charge.
You can get some extra cash in a week without refinancing or obtaining a second mortgage.
If you have emergency you can borrow $5000, $10,000 or up to $20,000 quickly simply by completing a short form which I will email you promptly right after you complete the online application below. You simply return the form to me with a void cheque and couple of ID's and I'll take care of the rest.
This small loan will help you to achieve any of your goals including:
THIS SMALL LOAN CAN GO UP TO 90% OF YOUR HOME VALUE IN GTA
What happens when I want to refinance my mortgage?
If you require to postpone loan security, just let us know.
How quickly can I receive proceeds?
Lender is focused on providing fast, flexible solutions and promise to fund loans within 48 hours of receiving an approved and completed documentation package.
Do I need to qualify with mortgage restrictions?
This is not a mortgage, so the mortgage restrictions do not apply for this quick loan. Lender will simply perform a credit inquiry, review the debt service, check the LTV and verify homeownership to determine eligibility for this loan program and that's all.
If you are interested in this loan, then please complete online application below. There are...
This fast loan program enables you to make financial improvements in your life. Loan is flexible, and you can borrow between $5,000.00 and $20,000.00 within days. Although, there are no obligations on how the loan proceeds may be used by homeowners, many use this fast cash loan to pay off their credit cards or mortgage arrears.
Reducing your monthly interest and principal payments
Majority of credit cards charge interest rates from 19.99% to 29.99% or more per year or more. If you have a credit card balance of $10,000.00 and you repay your credit card with this fast loan, you could be saving approximately $1,000.00 or $2,000.00 per year interest or more depending on your specific circumstances.
Those savings can go toward repaying down your debt instead of just the interest costs on your credit card. Repaying your credit card debt with this fast loan also means that your monthly payments will go down. Your monthly payments of principal and interest on this fast loan would be less then just making monthly interest on your credit card.
Improving your credit score
Lenders use your credit score to measure your willingness to repay your loans. Your credit score is calculated by a credit bureau which looks at your account history, how much you owe and how much of your available credit you are using. It also looks at negative information such as late payments or minimum payments.
Your repayment history can be 35% of your overall credit score while utilization can be 30% of your overall credit score. Credit utilization refers to the ratio of credit you are using out of your full available credit limit.
According to TransUnion, one of Canada’s two credit reporting agencies, if you are utilizing majority of your available credit, you can appear risky to lenders who may question your ability to pay back your loans. Conversely, low credit utilization is an indication that you are a responsible spender and can appropriately manage your debt.
TransUnion advises using less than 35% of your total available credit. So, if you have $1,000.00 in available credit, you shouldn’t carry more than $350 as a credit balance. Repaying credit card debt with this fast cash loan means that you can improve your credit score by repaying current credit card balances and reducing the credit utilization, the two biggest factors in your credit score.
Reducing the refinancing risk at the maturity of your mortgage
At maturity of a mortgage the homeowner needs to renew mortgage with the same lender or a different lender. This can be risky because over time things change and lenders may decline a mortgage renewal application.
Using this fast cash loan to repay your credit card balances reduce refinancing risk by reducing the size of the debts outstanding and improving the credit score. This is especially true as government continue to introduce measures to make it more difficult for homeowners to qualify for mortgages.
To apply for fast loan today, just click on the button below to load online mortgage application form.
Mortgage Tips For First Time Homebuyers Including Mortgages For New Immigrants To Canada
LOWEST MORTGAGE RATES UP TO 95% OF HOME PURCHASE VALUE
Are you searching for your first home?
Buying a home is an exciting time! You're about to take a big step and therefore you will need an advice from a mortgage professional. I will give you the facts your bank won't tell you about financing your home. With access to multiple lenders, you can get a great mortgage rate with the best mortgage pre-payment options.
YOU SHOULD GET PRE-APPROVED BEFORE YOU GO HOUSE HUNTING...
Find out how much you can afford before you go house hunting! This will keep you focused on shopping for homes within your price range. Once you are pre-approved for a mortgage, you'll be certain of the size of mortgage for which you qualified, and your mortgage rate could be guaranteed for 90 days or more.
If you don't qualify for the lowest rate mortgage, I could still help you using alternative lender products which are designed for people with damaged credit or self-employed who can't prove income traditional way.
One of the mistakes homebuyers often make is that they will use an online mortgage calculator to calculate their maximum mortgage and purchase price. They search the internet for the lowest mortgage rate and use that rate in their calculation.
They find the lowest 3-year fixed rate of say 3.09%, insert their monthly income of $6,250, monthly property taxes of $375, monthly heating cost of $125, zero for additional debt, 20% down-payment to avoid mortgage default insurance and 25-year amortization. Using these numbers, the maximum purchase price would be $319,014.10 and so the next day they go house hunting and sign a deal for $315,000 purchase price.
The next day they visit their bank, mortgage broker or agent who re-calculate their deal because...
When applying for a new mortgage at a federally regulated institution, there is a qualifying rate equal to the Bank of Canada’s posted five-year benchmark rate, or a bank’s contract rate plus two per cent.
Using this guideline (at the time of writing this page) the purchasers would qualify for a maximum purchase price of $294,347.43 and not $315,000. This would mean that the purchasers would have to come up with an additional down-payment of $20,652.57.
To avoid this unexpected problem, please use my FREE mortgage pre-qualification services by submitting online application here and gain instant access to multiple lenders.
OTHER IMPORTANT THINGS TO CONSIDER:
HOW PRE-APPROVAL WORKS?
Getting a mortgage pre-approval means you’re preparing to take the next step in the home-buying process. I will guide you through the pre-approval process.
WHY GET PRE-APPROVED?
Many new immigrants share the same dream of homeownership in Canada but they don’t know they can buy a home in Canada despite having no established credit in this country.
If you obtained a Landed Immigrant status, you are working full-time (3 months minimum) then you can stop renting and purchase your new family home today with as little as 5% down-payment!
If you have been renting for a minimum of one year and a half since your arrival… and you feel that this is the perfect time to establish roots in Canada, then I will help you to buy your first home right now.
Let’s say you found your perfect home. It’s close to your job and in friendly family neighborhood, but you have no idea how to qualify for a mortgage?
WELL... YOU NEED A MORTGAGE PROFESSIONAL LIKE MYSELF. I WILL HELP YOU TO SECURE A MORTGAGE THROUGH “NEW TO CANADA PROGRAM”.
This program makes it possible for you to secure a mortgage with as little as 5% down-payment and you can start building your home equity sooner. This program is available up to 5 years after arrival in Canada.
You qualify by investing maximum 10% of the purchase price as a down-payment and proof your credit worthiness by showing a strong history of always paying your rent and utility bills (hydro/utilities, telephone, cable, cell phone or auto insurance) over the last year on time.
With my help, you will be in your new home fast and you will start building home equity rather than paying rent as well as establishing yourself in your community.
“New to Canada Program” opens the door to homeownership for you and your family. It provides you to own your own home sooner and become economically established in Canada.
To apply for home purchase financing today, just click on the button below to load online mortgage application form.
Do You Have Bad Credit? Re-Establish Your Credit With Secured Credit Card
Home Trust Secured Visa Card is the best way to get the credit you deserve.
Start re-establishing your credit today... It's easy!
Build or re-build your credit, even if you've had credit difficulties in the past, or have never had a credit card before! An excellent opportunity to establish your credit rating. Virtually everyone is approved.
GET ALL THE BENEFITS OF VISA WHILE RE-BUILDING YOUR CREDIT:
How the Secured Visa Credit Card Works
The Home Trust Secured Visa Card is a credit card that requires a security deposit for eligibility. Your credit limit is then set at the amount of the deposit. You can put down as little as $500, or as much as $10,000.
If you decide to cancel your card, you can just pay off your outstanding balance, and you'll get your security deposit back from Home Trust. Home Trust is a Member of Canada Deposit Insurance Corporation (CDIC) (1-800-461-2342).
The application process is very simple and almost everybody is approved! Of course, if your application is not approved, your security deposit will be immediately returned to you.
When your application is complete, please mail your security deposit (personal or personal certified cheque, money order or bank draft from a Canadian Financial Institution, payable to "Home Trust Company") to:
Home Trust Company
Attn: Visa Department
145 King St. West, Suite 2300
Secured Visa FAQ
A secured credit card is a product in which the security deposit you provide is equal to your credit limit. It works just like any other credit card. You are required to make regular monthly payments over and above the security deposit because this is not a "prepaid" card.
The Home Trust Secured Visa Card will allow you to build or rebuild a solid credit rating. Many people have been declined by the banks for a credit card due to past bad credit or because they have no credit history.
Having a credit card is not a luxury anymore, it's a necessity. The Home Trust Secured Visa Card allows you to make purchases on-line or by phone, book a flight or rent a car. And Visa is accepted at over 24 million locations worldwide.
Home Trust reports your file to the credit bureau on monthly basis. Your file is updated, and your credit history begins. Both the primary applicant's and the co-applicant's credit bureau can be updated.
The minimum credit limit is $500, and the maximum is $10,000.
You can increase the limit on your card by sending additional funds (personal or personal certified cheque, money order or bank draft) drawn on a Canadian Financial Institution to Home Trust and clearly indicating that you are requesting a credit limit increase.
Almost everyone who applies (approval rate is above 95%).
People who are currently in bankruptcy do not qualify.
Print and fill out an application form above, and mail your security deposit (and application form) to: Home Trust Company, Attn: Visa Department, 145 King Street West, Suite 2300, Toronto, Ontario, M5H 1J8. They will not process an application without the security deposit.
If you have never applied for credit in Canada, you probably do not have a credit file under your name at the credit bureau. If that is the case, then you may be required to provide copies of documents that verify your address, date of birth or Social Insurance Number (e.g. government issued identification, utility bill, bank statement).
If your application is declined, Home Trust will return your security deposit to you (cheques are not cashed until the application is approved).
Attach a cheque made payable to "Home Trust Company" (personal or personal certified cheque, money order or bank draft from a Canadian Financial Institution) to your application form and mail it to:
Home Trust Company
Attn: Visa Department
145 King St. West, Suite 2300
The application process takes approximately 2-3 weeks from the time the application and security deposit are received, if you send a personal certified cheque, money order or bank draft, drawn on a Canadian Financial Institution. It will take up to an additional 15 days if you send a personal cheque, as they must wait for personal cheques to be cleared by the bank.
The card is available to Canadian residents except residents of Québec.
Ensuring that your application is complete will help to speed up the approval process. A personal certified cheque, money order or bank draft, drawn on a Canadian Financial Institution will expedite the process as we will not have to wait for the funds to clear.
Also, if either of the following applies to you, there are documents you can send with your application to ensure that your file is not delayed:
Your deposit will be held as long as you have an account with Home Trust. When you close your account, we will return your deposit once all purchases and fees have cleared.
There are two interest rates to choose from:
Interest is not charged if the balance is paid in full by the statement date. However, for cash advances, interest is charged from the time the advance is made to the time it is paid off.
You have to pay at least the minimum payment on the statement. You cannot use your security deposit to pay off the balance.
You can make a payment at any Canadian Financial Institution that bears the Visa logo, either in the branch or through web or telephone banking. If you prefer, you can mail your cheque or money order directly to Home Trust in the envelope provided to you with your statement.
You may still qualify if you have a past bankruptcy as long as you have been discharged. There is no waiting period after a discharge.
It is available in every province and territory except Québec.
At least the age of majority in the province/territory where you reside (18 years of age in Ontario, Alberta, Saskatchewan, Manitoba, Prince Edward Island; 19 years of age in British Columbia, New Brunswick, Nova Scotia, Newfoundland/Labrador and the territories).
You may make purchases up to the limit of your Home Trust Secured Visa Card or you can use your card to make cash advances at ATMs or at a bank. Your Home Trust Secured Visa Card is a revolving line of credit. As you use your credit card, you are continually borrowing against your line of credit and repaying it. The amount of credit you have available at any time will vary depending on your current outstanding balance.
Why Use My Mortgage Broker Services? Access To All Lenders, Fast Approvals & No Office Visits
20+ YEARS OF EXPERIENCE AND THOUSANDS OF SATISFIED CLIENTS
Read testimonials below and why use my mortgage broker services...
Mortgage Brokers are independent, trained professionals licensed to represent and provide you with the best advice for your mortgage needs. A Mortgage Broker's primary expertise is locating funding for mortgage financing.
We know where the best rates can be found. What's more, we have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing.
So why deal with a Mortgage Broker or a Mortgage Agent?
Mortgage brokers represent you, the customer, not the lender. Because we are not employees of a lending institution, we are not limited in the product we can offer to you. Mortgage brokers seek out the best lender package to suit your specific situation, whether it’s with a Chartered Bank, Trust or Insurance Company, or Private Funds.
There is a wide assortment of options and features available to homebuyers today. Shopping around takes a lot of time and effort. The mortgage process within today's very competitive marketplace intimidates many Canadian homebuyers. It pays to work with a mortgage professional like myself.
I will represent you and ensure the mortgage you get is the one best suited to your needs. Choosing the wrong mortgage can cost you thousands of extra dollars.
Reasons why to use my services:
Other than rates, why should I use a Mortgage Broker?
In addition to rates, because mortgage-based financing is the broker's primary business, he or she has developed expertise in what type of mortgage financing each lender prefers to pursue. This kind of knowledge not only results in the most favorable rates for each project, but often whether a project is funded at all.
How do Mortgage Brokers Find Superior Rates?
Interest rates are a concern to borrowers. Because of their daily contact with lenders, brokers know which project or home attracts a favorable interest rate from one institution, but a higher rate at another. Some institutions, in fact, will only accept mortgage submissions from mortgage brokers.
These rates, and preferences for types of mortgages, can change daily, depending on economic circumstances or based on the size of an institution's portfolio. I keep current and know which lender to approach first. As a result, mortgage rates obtained by mortgage brokers are among the best available at the time of placement.
Why should you go to me first?
A professional presentation to a lender on the first application will get the best response and save you valuable time and money. Secondary applications with previous credit bureau inquiries may be costly.
Often the success of obtaining mortgage approval depends on the way a proposal is presented and to whom it is sent. I am trained to present your mortgage proposal where and how it will get the most immediate, positive result.
You don't call an insurance company for insurance - you use an insurance broker, because of their expertise, product knowledge and rates, so remember to call me first.
How do Mortgage Brokers get better deals than many Banks?
The lenders who work with mortgage brokers include traditional sources, such as chartered banks, trust companies, as well as corporate and private pension funds.
In addition to these sources, brokers often develop professional relationships with private sources of funds, termed private lenders. These lenders can provide many various mortgage products not available at conventional sources.
I've already helped thousands of people just like you to refinance mortgage and consolidate debt. All of them now are now enjoying lower interest rate and lower monthly payments and at the end of the month they are left with more money in their pockets.
Would you like to save hundreds or thousands of dollars each month?
If your answer is yes, then let’s get started today!
HERE ARE SOME OF MANY TESTIMONIALS I RECEIVED FROM MY CLIENTS…
Dear Joe, we cannot thank you enough for your assistance in getting our debts consolidated and our mortgage refinanced. Your professionalism was outstanding! You had all the information at your fingertips and we just had to fill in the blanks. We felt that you worked so hard on our behalf and we came to rely fully on your expertise. I have recommended you to my friends and will continue to do so. The Hutchinson’s, Ottawa, Ontario
To apply for a new mortgage today, just click on the button below to load online mortgage application form.
Please read the terms and conditions of this agreement ("Agreement") carefully. By accessing this web site, you agree to be bound by the terms and conditions below. If you do not agree to the terms and conditions below, do not access this website and any web pages thereof.
In this Agreement, "you" and "your" refer to persons who access this web site and web pages. "I", "we", "us" and "our" refer to VERICO Mortgage Network London Inc. or affiliated mortgage lenders, mortgage brokers or mortgage agents.
Introduction & Our Commitment to You:
We are committed to protecting the information you provide. We understand that you are entrusting us with your most personal information, and how we use and handle this information will have a great impact on you.
It is important for you to know that in order to provide you with the very best service and the highest quality products, we collect demographic information (like your name and address) and other personal information. In addition, during your visit to our website we may collect certain information about your Internet usage
We Respect Your Privacy:
Since some of the information we gather is not publicly available, we take great care to ensure that this information is kept safe from unauthorized access and we do not share the information in violation of any regulation or law.
Because we respect your privacy and values your trust, the only employees or companies who access your private personal information are those who use it to service your account or provide services to you or to us. We diligently maintain physical, electronic and procedural safeguards that comply with applicable standards to guard your private personal information and to assist us in preventing unauthorized access to that information.
How We Share Information with Companies Affiliated with Us:
When you submit your information to us online we share this information with employees and other companies, such as service providers, our co-brokers, lenders, appraisers, title insurance, mortgage and life insurance companies and closing solicitors.
The information we share comes from your application, for instance your name, address, telephone number, social insurance number, e-mail address, assets, liabilities and income. Finally, we provide information about you to non-affiliated companies such as credit reporting agencies and companies that provide services related to your account. This information sharing is also permitted by law.
We destroy information after it is no longer needed:
Information that is no longer needed is destroyed. We are required for certain legal, tax and accounting reasons to keep customer information for up to 7 years. You can request that we purge the entirety of the personal information submitted by you through this website from our database by providing detailed instructions to Privacy Officer below. In such cases we will delete all digitally warehoused information you have submitted. Please note that we cannot purge information from the systems or files of our affiliates, service providers or other financial institutions that have subsequently been sent your personal information to provide their services.
We ask others to maintain confidentiality:
When your information is provided to our affiliated companies with whom we have a business relationship, we will seek to require that affiliate to adhere to adequate privacy policies to maintain the confidentiality of your information and to ensure the reliability and accuracy of the information as required by law.
Mr. Roger Belling
VERICO Mortgage Network London Inc.
321 Springbank Drive
To review your personal information held by us, please make your request in writing by fax to 519-657-5011
Joe Malek, Mortgage Agent, Lic. #M08004649
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