12
Mortgage Wars Credit Unions Joining Mortgage Wars with ultra-low lending rates

Mortgage wars canadalend.com

Embed Size (px)

DESCRIPTION

Credit Unions in Canada are joining the mortgage wars as they are offering ultra-low lending rates to the home buyers.

Citation preview

Page 1: Mortgage wars  canadalend.com

Mortgage Wars

Credit Unions Joining Mortgage Wars

with ultra-low lending rates

Page 2: Mortgage wars  canadalend.com

Mortgage War

Heats up in Canada

Page 3: Mortgage wars  canadalend.com

Credit Unions are taking on Big Banks

Credit

UnionBanks

Page 4: Mortgage wars  canadalend.com

Credit Unions offering

Lending Rates

as low as 2.69%

Page 5: Mortgage wars  canadalend.com

Real Estate Market

Canadalend.com Responds to

Mortgage Wars

Page 6: Mortgage wars  canadalend.com

Canadalend.com Responds

Bob Aggarwal, president of Canadalend.comresponded, saying –

“After a long, cold winter, the dormant Canadian real estate market roared back in the spring.

The housing market will continue to grow in the summer months.”

Page 7: Mortgage wars  canadalend.com

Bob Aggarwal, president of

Canadalend.com, added –

“Credit Union offers may look very attractive to first-time

home buyers, but there are some hidden unconventional

rules, such as:

Restrictions on increasing the payments annually

Restrictions on prepaying without penalty

In some instances, borrowers cannot break their ultra-

low mortgage rates”

Canadalend.com Responds

Page 8: Mortgage wars  canadalend.com

Why do Credit Unions look Attractive?

Credit Unions are free from

federal regulations

So they are not bound by the

same strict lending rules

that Canada’s big banks are

Result

Credit Unions can compete

on some lending

products that Canada’s big banks aren’t

offering currently

Page 9: Mortgage wars  canadalend.com

Why Canadalend.com?

Canadalend.com is one of the most trusted

licensed private mortgage brokers in Canada

Canadalend.com offers you the widest variety

of mortgage options, including variable rate

and cash-back mortgages

Canadalend.com provides maximum

flexibility in financing options

To learn more about Canadalend.com, visit the web site

at http://www.canadalend.com.

Page 10: Mortgage wars  canadalend.com

About Canadalend.com

Mortgage Needs

Debt Problems

Financing Concerns

Canadalend.com is committed to

helping you with your:

Page 11: Mortgage wars  canadalend.com

We specialize in…

CANADALEND

Mortgages (1st, 2nd, or

3rd)

Debt Consolidation

Bad Credit Mortgages

Residential Mortgages

Mortgage Renewals & Refinancing

HELOC

Commercial Mortgages

Page 12: Mortgage wars  canadalend.com