I'm here to save YOU money. My name is Kristina and I want to give you the most up-to-date saving tips and ideas.

Friday, 7 December 2012


How does Financial Friday sound? I said in a previous post that I was thinking of 'Furniture Friday'. But then I said it sounded a bit cheesy - although I like to look at designs and share what I have found and such, Maybe ill do an alternating week thing.

Anyhow, today I want to talk about what I do for a living - Mortgages. A lot of my stuff will be from my website already, but I find that the way my site is, its a little confusing and not as much fun to read as a blog is. So here it goes.

What is a Mortgage?  
-The Basics-
For most people, buying a home means taking out a mortgage. That means you borrow money to buy a home, using that home as collateral for the loan.

You repay the mortgage in regular payments. You can make payments once a month, once every two weeks, or once a week. Most people make monthly payments. The payments are usually level—the same every month. 

- Ottawa Living- 

Who Provides a Mortgage for you? 
There are generally two ways you can get a mortgage in canada: through the bank or through a licensed mortgage professional.  -Dominion Lending 

This is where I come in... (A Mortgage Professional)

Why use a Mortgage Professional? 
While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.

Whether you're purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it's important that you are making an educated buying decision with professional unbiased advice.

How Much Does it Cost?
Mortgage professionals work for you, and not the banks; therefore, they work in your best interest. From the first consultation to the signing of your mortgage, their services are free.
A fee is charged only for the most challenging credit solutions, and it's especially under those circumstances that a mortgage professional can do for you what your bank cannot. 

WELL thats the basics of what I do. It very basic and not too much information, I dont want to overwhelm you with Mortgage information. If you are interested further, look below under the 'See Also'.

Ok, Have a wonderful day all!!

With love always

See Also: 
The Idea Mortgage
Are You Financially Compatible?

Sites I used: