Mortgage News Canada: How Aleem Became THE Mortgage Specialist

Our Story: When I got my first mortgage, I did not know my options. I did what hundreds of thousands of Canadians do, I went into my bank and did what they told me to do. I didn’t know any better, I didn’t know how to shop for a mortgage and what questions to ask.

A year later, due to some unforeseen circumstances, I needed to sell my property, and it ended up costing me dearly in penalties and hidden fees, that wiped out my initial down payment.

This did not sound fair to me at all, I had followed my bank’s advice, they never said anything about the cost of getting out of my agreement, nor did they mention a slew of other things. I learned that my bank had no obligation to educate me on the mortgage process, and on the products that they were selling me. I made a promise to myself that day that I would never let something like this happen to me ever again.

As I started to research, I was shocked and repulsed to learn that this is one of the ways that banks made money. Thousands of Canadians, just like me, were paying un-necessary interest and other costs, costs that they were not even made aware of, and it was happening every single day.

I want to make sure that this does not happen anymore and this why I take the approach of educating my clients on all aspects of a mortgage, so that you have a clear picture and are making an informed decision with both of your eyes open.

I strive to take the stress out of the challenging process it has become of obtaining financing so that you can focus on what you are passionate about, your business, your family, and enjoy your life.

I’m very passionate about helping you understand your options when it comes to financing. Yes, you do have choices to make. The financing climate is very fluid, and there are changes to policies and products occurring literally overnight. It is not only important to be educated in order to be able to ask the right questions, but also to have the relationships in place to be able to obtain the right answers.

I am a certified Luxury Home Mortgage Advisor, and have extensive experience working with high net worth individuals, Professionals (Doctor’s, Lawyers, Engineers), Business Owners, Investors. Every day, hard working people. People who are very busy with their lives, and often don’t have the time to seek out the details and rely on someone that they can trust will provide them with relevant information and guidance so that they can make the best choices for themselves and their families overall financial wellness.

I am also a Certified Commercial Financing Expert, and have developed contacts with some of the most experienced lenders across Canada in the Commercial and Construction sphere.

Our fabulous team consists of some great people, including a 28 year veteran of the industry, who started his own firm and grew it from 2 people to 28. Our team has 40+ years of experience and relationships that run very deep in the financing world. You can rest assured that if anyone can get you the right financing, we can. We are fully regulated by the CMHC, the Canadian Financial Regulatory Body. We are members in good standing with both the provincial Mortgage Broker’s Association of BC and Alberta (CMBC and AMBA) as well as the national Association, Mortgage Professionals Canada.

We are the source for Mortgage News Canada. We are committed to providing a supreme level of service, mortgage news Canada, and other top-notch services to each and every one of our clients. This has been the foundation of our respective practices and success. We take pride in helping you into the home of your dreams. Mortgage financing is much more complex than the average consumer is led to believe and one size definitely does not fit all, especially in today’s marketplace where there are numerous options available to choose from. It can be a daunting task to find the right package, depending on your current financial situation, long term goals and outlook, among other things.

Mortgage News Canada: The Knowledge Needed to Become THE Source

We have the experience,knowledge and patience to work with you to find and negotiate a custom fitted mortgage package, along with his ability to leverage the most current technology to make the entire mortgage process as efficient and seamless as possible rendering us an integral part of the home buying process for all of our valuable clients.

With the mortgage space experiencing constant changes to rules and policies, it is even more important to work with a professional with the experience and the relationships required to ensure that you get the best mortgage advice that suit your needs. Your situation is unique and does not always fit the box that your bank wishes to put you in. Understand your options, and let your mortgage work for you.

Regardless of whether you are a first time home buyer, or a seasoned investor on the residential or commercial side, your immediate concerns are

“am I impacted by the new rules and policy changes”

“will I get approved for my financing”.

Most of the time, you forget to ask some very important questions, that come next If the answers to # 1 and # 2 are a Yes You should be asking yourself .

“now that I am approved, what are the lender’s policies that I should be aware of.

Are there any hidden costs, especially if I need to get out my financing contract? Do I understand the fine print?”

The reality is that most Canadians, sign up for a 5 year fixed mortgage (about 75%) , and most Canadians also end up breaking their mortgage contract early (about 67%). This triggers penalties. And these penalties are calculated very differently among the various lenders that are out there. I help you understand how each lender does this, along with some other clauses in your mortgage contract that you need to be aware of, that can end up costing you thousands of dollars like it did me, if you are not aware of them. Once we help you find the right mortgage financing, our job does not end there. In fact, I believe that this is really where our relationship begins. We have hopefully earned your trust by helping you solve your immediate concerns. You now may be starting to focus on some other questions that are in front of you.

• Now that you have your mortgage, how can you work on paying it off sooner.
• You may be expecting a child, or have young children, and now that you have this new mortgage, how are you going to start saving up for their education. Do you have enough cash flow to maintain your life style?
• What about retirement, is there any way that you can focus on having enough money to retire on time, or perhaps even early?

These are some of the questions that we can help you answer, and the some of the problems that we can help you solve. I am sometimes retained by my clients much like you would retain a lawyer- to ensure you receive the best financing options possible – from the entire pool of Canadian lenders, for all of your financing needs. Want to learn more about the mortgage process and understand the financing options available to you, email me at [email protected] Or Schedule a phone call