Types of Mortgages

 

The Home Mortgage Group was established in 1986.
To date, over one billion dollars worth of Commercial and Residential real estate has been financed through
The Home Mortgage Group
.

HMG is one of the oldest and more established Mortgage Brokerage Companies in BC.

HMG
has brought progressive ideas and innovations
to the brokerage industry and co-founded the MBABC,
(The Mortgage Brokers Association of British Columbia)


HMG has solid relationships with numerous Banks, Life Companies, Trust Companys,Credit Unions MIC's and private lenders.




 

First Mortgages

• We deal with Banks, Credit Unions, Life and Trust Companies and MICs.

• Rates of interest are deeply discounted from the posted rates of the
big banks.

• Whether you have 5% or 50% down payment, let HMG find a lender that suits your needs.

Apply Online

Second Mortgages

• For borrowers wishing to avoid high ratio mortgage insurance premiums or taking equity out of a home to consolidate debt.

• Lender's criteria for Second Mortgages are negotiable and less stringent than regular bank mortgages

• These funds are available in situations that institutional lenders will not entertain.

Apply Online

Equity Financing

• For Purchasers with 25% down and good credit, HMG can arrange an Equity Mortgage without ANY income confirmation.

• For Self-employed people with good credit, 15% down payment, current tax returns and no taxes owing HMG can arrange 85% financing for a purchase.

Apply Online

Construction Mortgages

Construction loans are time consuming. Major banks offer these loans to borrowers who have substantial personal equity in the project to be financed.

• We have lenders who specialize in these loans and some
have lower borrower equity requirements for qualification

• Whether you build to sell or are constructing your own dream home, put HMG to work for you.

Apply Online

Commercial Mortgages

These are often the most difficult mortgages for many borrowers to obtain through traditional banks.

• HMG has placed millions of dollars of commercial financing for Apartment buildings, Strip malls, Warehouses and Office Buildings.

• Our 65 years of combined mortgage experience really shines through here.

• We can provide a list of past and recent projects successfully financed by our team at The Home Mortgage Group

Apply Online

   
   
 
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