Mortgage for Toronto
Feb 10th 2006 | 5:26 am
#1
Thread Starter
Forum Regular
Joined: May 2005
Posts: 36
Mortgage for Toronto
Can anyone recommend a Mortgage broker in Toronto.
We have been quoted for a mortgage by our bank, but they want 35% deposit?
Can anyone help as we were looking to put down 15-20%?
We have been quoted for a mortgage by our bank, but they want 35% deposit?
Can anyone help as we were looking to put down 15-20%?
Feb 10th 2006 | 5:45 am
#2
Joined: Apr 2005
Posts: 9,606
Re: Mortgage for Toronto
Originally Posted by nottingham
Can anyone recommend a Mortgage broker in Toronto.
We have been quoted for a mortgage by our bank, but they want 35% deposit?
Can anyone help as we were looking to put down 15-20%?
We have been quoted for a mortgage by our bank, but they want 35% deposit?
Can anyone help as we were looking to put down 15-20%?
We got our mortgage through FirstLine.
Feb 10th 2006 | 8:58 am
#3
BE Enthusiast
Joined: Dec 2003
Posts: 836
From: Ontario, Canada
Re: Mortgage for Toronto
Originally Posted by Souvenir
35% sounds on the high side. You can get less than that. Bear in mind, though, that if you put down less than 25%, you're very probably looking at mortgage indemnity insurance - a one-time premium that can be rolled into your mortgage loan.
We got our mortgage through FirstLine.
We got our mortgage through FirstLine.
Ray
Feb 10th 2006 | 9:51 am
#4
Joined: Apr 2005
Posts: 9,606
Re: Mortgage for Toronto
Originally Posted by ray1968
I have a mortgage broker , please PM or email me for details
Ray
Ray
Feb 10th 2006 | 10:45 am
#5
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Joined: Dec 2003
Posts: 836
From: Ontario, Canada
Re: Mortgage for Toronto
Originally Posted by Souvenir
Why? I've already got a mortgage.
it was meant for the original poster
Feb 10th 2006 | 10:49 am
#6
Joined: Apr 2005
Posts: 9,606
Re: Mortgage for Toronto
Originally Posted by ray1968
it was meant for the original poster
