Home Mortgage Loans
Performance Mortgage & Financial Services LTD offers home mortgage loans in Edmonton, AB. We help first time home buyers and people who are searching for second mortgages. Regardless of your credit score, we can help you discover how simple it is to obtain the right home mortgage. Whether you have good credit, no credit, or bad credit, we offer professional advice to help you get on the right path towards being able to qualify for one of our mortgage loans.
A home is likely one of the most important assets you will own. We are dedicated to helping our customers on their journey to obtaining their most important asset. Our professional consultants can help first-time homebuyers. We understand the steps it takes to get started. The first step is to check your credit, which is one of the most important factors involved in buying a home. A credit check will allow us to see where you stand in regards to your payment history and credit score.
There are many types of home mortgage loans available, such as fixed-rate mortgages, adjustable-rate mortgages, and interest-only jumbo loans. Fixed-rate mortgages have interest rates that will stay the same for the entire life of the loan. At first, most of the payment will go towards the interest and a large portion of the payment will apply to the principle. Fixed-rate mortgages can be 30, 20, 15, or 10 years.
An adjustable-rate mortgage (ARM) is a mortgage with interest that changes from year to year. Normally, there will be a cap on what the highest interest could be over the life of the loan. An interest-only jumbo loan is a home mortgage loan that will allow a homebuyer the option of paying only the interest during the first few years of the loan.
We can put you into one of our home mortgage loans after we receive more information from you. Contact Performance Mortgage & Financial Services LTD in Edmonton, AB to find out more about the types of loans we offer.