Kelowna Mortgage Calculator
This Kelowna Mortgage calculator is a useful tool which can be used to help you calculate your approximate Kelowna Mortgage repayments.
The Kelowna Mortgage Calculator can help you prior to talking to a mortgage professional about your personal ability to access mortgage financing.
It is always recommended to talk to a mortgage professional to establish borrowing criteria prior to looking at homes for sale. The Canadian mortgage financing market has been in a state of change for several years in response to an initial heated market and now a more balanced market. As such, lending institutions have changed lending criteria to assist in avoidance of default.
I would be happy to talk to you about what mortgage financing services are available in the Okanagan and give you some professional referrals to colleagues who have been successful at helping my clients in the past. If you need to contact me, simply fill in the contact form below.
You will find blogs on my site in relation to various important aspects of mortgages that give you the flexibility to design a lending program that best suits your personal circumstances.
The best place to get advice on mortgage financing is through a mortgage professional or mortgage broker but the articles in my blog will help you understand the mortgage financing world before you contact a broker.
The best advice anyone could receive is not to borrow up to your maximum limit. Always make sure you have a buffer between what you are comfortable with and what you have been told you can borrow. While most people take the responsibility of owning a home seriously, some people fall in to the trap of borrowing large sums of money only to suffer in an economic downturn and lose the quity they have built in their home under foreclosure.