Archive for May, 2015

Porting Your Mortgage

It might surprise you to learn that a full 70% of first-time homeowners don’t make it to the end of their five-year term before deciding to move. On average, a first-time owner will last about three and half years. You may be wondering how they manage to break their mortgage term without taking on a [...]

By Source Mortgage on May 19, 2015
in Mortgage Broker Services
All About Reverse Mortgages - Source Mortgage - Mortgage Brokers Alberta
All About Reverse Mortgages

Many Canadians have heard of CHIP or the Canadian Home Income Plan, but most aren’t exactly sure what the program is, how it works, or if it’s a good idea. A reverse mortgage like CHIP is a type of home loan that provides lump or regular payments based on home equity. It’s important to remember [...]

By Source Mortgage on May 4, 2015
in Mortgage Broker Services

Heartwarming Stories

Source was absolutely great to work with - went above and beyond to help us get everything done when buying our new home. Highly recommended!! Chad and Jenelle Richards Jan 09 2013

Chad and Jenelle Richards
Added January 23rd 2013

Interest Rates

6mth Term 3.95%
1yr Term 2.99%
2yr Term 2.69%
3yr Term 2.99%
4yr Term 3.39%
5yr Term 3.04%
V.R.M. Prime-.65 or 2.35%

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