Your Choice for a Mortgage Broker in Edmonton.
Our combination of experience and access to incredible lenders means you are getting the best rate and mortgage plan for your specific needs.
For Alberta’s capital city of Edmonton, mortgage brokers at Flare help clients save money, time and stress in securing their home loans. Additionally, we bring the critical connections in areas related to real estate, finance and insurance so that our clients have the support before and after taking possession of their home.
The local Edmonton market provides an excellent investment opportunity, with an ever-growing community, and diversifying economy serving the provinces resource, government, corporate and private sector. The city is host to many festivals, restaurants, sports, arts & culture and year-round activities. There really is something for everyone including homes ranging from the affordable to luxurious.
Helping first-time home buyers.
We know what it’s like to go through the process of purchasing your first home. It can be exciting but at the same time a bit stressful given all the options. Fortunately, by working with a mortgage broker in Edmonton, not only are the steps simplified, but you stand a greater chance of getting that home of your dreams sooner and at an interest rate that works best for you in the long-term.
Simplifying the process of getting a mortgage.
At Flare Mortgage Group, we are committed to helping every client through the entire process. We thoroughly go through the steps of the process, and work with you to determine the best strategy for your home loan. We explain all of the details, and help you weigh the options so you are completely satisfied with terms of your home mortgage.
We start by getting to know you, understanding your current financial situation and matching this with a strategy that can get you into your new home at the best rate. Canadian regulations require clients to go through a mortgage stress-test that makes sure that borrowers can make payments at rates higher than they are paying. We’ll help you go through the process with confidence.
Our customers appreciate that all of our team has considerable experience helping clients in a range of circumstances become happy owners. We are able to leverage considerable help from lending institutions and our industry partners to put together solutions that may not be available through conventional routes or your existing financial institution.
Get pre-approved today and lock in the best rate.
Our team is able to help you get pre-approved today. The process is simple, and will help you see the top amount of mortgage that you could qualify for. With our consultation, you may wish to “lock-in” the interest rate available so that you are protected against rate increases. These rates can be locked in for a period of 4 months and even longer if you are planning on constructing a new home. Introducing a rate hold protects you against interest rate increases, and should the rates drop, we renegotiate with the lender to have your rate reduced.
What does a pre-approval do? Well it shows you the highest possible mortgage that you can receive, outlines the price range that you can afford and tells you the current market interest rate.
Pre-approval is just the first step of many, and we would be glad to connect with you to discuss how you can get started on the path to home ownership.
Mortgage Refinancing Solutions.
For existing homeowners, there are many reasons why they may consider refinancing a home mortgage. One of the reasons to use a mortgage broker in Edmonton is to give you the support in making this decision as well as pulling together the resources to make your refinancing happen.
Essentially, mortgage refinancing allows you to utilize the equity in your home for debt consolidation, finance home improvements, pay off debts, and make additional investments. Depending on your situation, you may be approved to refinance up to 80% of your home’s value. This can give you considerable financial leverage to assist with other financial needs.
Some common reasons for mortgage refinancing include:
Obtain a better interest rate – Perhaps you signed up for a fixed rate mortgage that is no longer competitive with current interest rates. By refinancing your home mortgage, you can enter into a new mortgage loan with a lower interest rate.
Debt consolidation and payments – Leverage the equity in your home and make funds available that can be used to pay off high-interest credit card debts and other financial burdens. Debt consolidation involves debt financing that merges two or more loans into a single loan. By reducing interest rates, it can help you pay off your debts more aggressively, and once your debts are paid off you will be left with just a single loan to make payments on.
Change a variable rate mortgage into a fixed rate mortgage – A home mortgage with a variable rate can have advantages, but the swings in the interest rates may become too variable for your needs and by converting to a fixed mortgage rate, you can lock in a rate that is more preferable
There are other reasons for mortgage refinancing, and ultimately it is a financial tool that can be beneficial. Contact us to discuss your options.
Since 2017, we have helped create happy homeowners.
Every mortgage broker at Flare is here to stand by you, helping you achieve the best mortgage solution whether you are a first-time home buyer, refinancing a mortgage, or looking for financial assistance.
We know Edmonton well, and if you are new to the area or considering making the move, we’d be happy to help you make connections and get acquainted.
We’re proud to be known as happiness creators; delivering successful mortgage and financial transactions for our clients. Be sure to check out our Google reviews and connect with us.