Explore Your Options with Our Medicine Hat Mortgage Broker

When you work with mortgage broker Pearl Reiling at Capital Mortgage Centre, you have options. Please select from the list below to learn more about the products and services we provide.


Mortgages

Refinancing

Specialized mortgage products

Renovations

Consolidation of debt

Mortgages

The mortgage application process is quite like applying for a loan. A mortgage application will ask for personal identification information such as name, address, date of birth and social insurance number. Current employment and income information for each applicant is required. A personal net worth statement asking for current banking, savings, assets and liability information provides the lender with a general picture of your financial situation. Pearl Reiling of Capital Mortgage Centre knows what information is important to which financial institutions and how to present that information to your best advantage.


Second Mortgage

You may wish to consider a second mortgage instead of a personal loan (because the interest rates are lower) for home improvements, major purchases, a child’s education or to consolidate debts.


To get a second mortgage, you must meet all of the same qualifications as you did when you were approved for your first mortgage. You may also be required to have a professional appraisal done to accurately determine the present value of your home.


Pre-Approval

Regardless of how certain you are that you will qualify for a mortgage, it is always an excellent idea to formalize this certainty by prequalifying. This will officially address any questions about whether or not you qualify - including your eligibility for various programs - and enable you to make a firm offer for the home of your choice. With a pre-approval, you can also lock in a rate for 60 to 120 days.


Once your application is complete, Capital Mortgage Centre will discuss your options and let you know what documentation you need to provide.

Specialized Mortgage Products

5% Down Payment

Canadians can buy a home for as little as 5% down payment under two major programs administered by CMHC, a Federal Crown Corporation, and Genworth, a private sector insurer. Contact Pearl today to find out more details!

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