Mortgage FAQs | Brokers For Life

Brokers For Life
Toll Free 1.866.902.7771
Real Life Mortgage Solutions
www.brokersforlife.ca
Mortgage FAQ
Verico Brokers For Life Inc.
106, 8704 - 51 Avenue Edmonton, Alberta T6E 5E8
www.brokersforlife.ca
Brokers For Life
Toll Free 1.866.902.7771
Real Life Mortgage Solutions
www.brokersforlife.ca
Brokers For Life: Helping You Make Informed Choices
Brokers For Life has been working with homebuyers across Canada
for many years. We understand that the mortgage landscape can
be confusing to applicants and that why we've provided this FAQ
section – with answers to the most popular questions we've
received over the years.
Verico Brokers For Life Inc.
106, 8704 - 51 Avenue Edmonton, Alberta T6E 5E8
www.brokersforlife.ca
Brokers For Life
Toll Free 1.866.902.7771
Real Life Mortgage Solutions
www.brokersforlife.ca
If you still have questions, please contact us. We care about
educating our clients!
• What does a mortgage broker do?
• Do mortgage brokers work for the bank or a financial lender?
• What kind of clients do you work with?
• What do you charge?
• What will I pay in closing costs?
• Why is a mortgage insurance premium necessary?
• What is mortgage life insurance?
• What are Fixed and Variable rates?
Verico Brokers For Life Inc.
106, 8704 - 51 Avenue Edmonton, Alberta T6E 5E8
www.brokersforlife.ca
Brokers For Life
Toll Free 1.866.902.7771
Real Life Mortgage Solutions
www.brokersforlife.ca
• Can I make my down payment with gifted money?
• Mortgage broker vs my bank
• Why should I get a pre-approved mortgage?
• How long does the mortgage process normally take?
• Is it really safe to apply for a mortgage online?
• How much should I consider spending on a home?
• Should I consider a mortgage to help with debt?
• If I'm unable to confirm my income, could I still qualify?
• Why is an appraisal necessary?
• What benefits do I receive for mortgage pre-payments?
• What's better; a short-term or long-term mortgage?
Verico Brokers For Life Inc.
106, 8704 - 51 Avenue Edmonton, Alberta T6E 5E8
www.brokersforlife.ca
Brokers For Life
Toll Free 1.866.902.7771
Real Life Mortgage Solutions
www.brokersforlife.ca
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Verico Brokers For Life Inc.
106, 8704 - 51 Avenue Edmonton, Alberta T6E 5E8
www.brokersforlife.ca