This was our first time shopping for a mortgage outside a bank. Dealing with Jesse made the whole mortgage process stress free. His rate was better than the three rates I was quoted by local banks. Jesse took the time to ensure that we understood and were comfortable with the mortgage terms and conditions. Unlike the banks we dealt with in the past, Jesse was focused on the options that were the most beneficial to my family. I have and would recommend Jesse to my friends and family. Next time our mortgage is up for renewal, Jesse will again get our business.
Thanks Jesse.
Keep up the good work!
Are you a self-employed individual living in Moncton, NB, who is interested in remortgaging your home? If so, you may be wondering about your options for home equity loans in Moncton, NB. Our mortgage firm is here to help you understand the process and provide guidance throughout.
First, let's discuss what a remortgage is and why you might consider it. A remortgage is when you replace your existing mortgage with a new one. The new mortgage may have different terms, such as a different interest rate or repayment period. You might consider remortgaging your home for several reasons, including:
If you're self-employed, you may find it more challenging to get approved for a remortgage than someone who is employed by a company. This is because lenders may view self-employed individuals as higher risk. However, that doesn't mean it's impossible to get a home equity loan in Moncton, NB if you're self-employed.
To qualify for a self-employed remortgage with a bank below is what they normally require however our mortgage company offers alternative mortgage options which would not require these. With banks you'll need to provide evidence of your income. This can be more complicated for self-employed individuals, as you won't have a traditional pay stub or salary. Instead, you'll need to provide documentation that demonstrates your income, such as:
Alternative Lenders that we work would not necessarily require copies of your income tax return and maybe only ask for 3 to 6 months of bank statements to show some income deposits. The more equity you have in your home then the more lenient our alternative lending partners will be in regards to credit and income proof.
Remortgaging your home while being self-employed can be a daunting process, but using a mortgage agent in Moncton can provide several benefits. Here are some benefits of using a mortgage agent when remortgaging your home:
If you're interested in a remortgage in Moncton, NB, our mortgage firm can help. We specialize in helping self-employed individuals secure remortgages and other types of remortgages. We understand the unique challenges that self-employed individuals face when applying for a mortgage, and we're here to help you navigate the process.
When you work with our company, you'll get personalized attention from our team of mortgage experts. We'll take the time to understand your financial situation and your goals for remortgaging your home. We'll then help you explore your options and find the best remortgage for your needs.
We can also help you understand the costs associated with remortgaging, such as appraisal fees, legal fees, and prepayment penalties. We believe in transparency and will ensure that you understand all the fees and charges before you commit to a remortgage.
If you're ready to explore your options for a self-employed remortgage in Moncton, NB, you can contact us by calling (888) 878-4660 or filling out the short form on the top left-hand side of our website. Thank you.