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Competition = Low Mortgage Rates

Many Albertans apply for a mortgage with just one lender, often their bank, without shopping around without realizing that competition always results in the best deal.

We will survey the market and search dozens of mortgage lenders to find the best rates in Canada. This FREE unbiased service ensures that you will receive low mortgage rates and huge savings over the term of your mortgage:

Term
Our Rate
Bank Rate
Savings
 
3 years 3.94 3.89 $362.67
5 years 4.19 4.99 $9,584.37
7 years 5.1 5.80 $11,695.76
 
Above calculation based on a $250,000.00 mortgage loan over a 25-year amortization period using a monthly payment schedule (mortgage loan for an average Calgary inner-city two-story home).
* Mortgages and rates subject to change without notice.

Calculator

Mortgage Calculator

A mortgage calculator is a quick and easy way to calculate your mortgage payments.
Learn exactly how much you can afford to spend before you buy.

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Mortgage Application

Mortgage Application

Why wait? Apply online today with our free mortgage application.
See how safe & simple applying online is by using the Alberta Equity secure mortgage form.

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News & Events

Canadian Mortgage News

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  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

  • Posted on Wednesday December 31, 1969

This Week's Topic And Mortgage News and Events

 
Obtaining a mortgage is one of the most important decisions you may ever make, and with so many choices and ongoing decisions, the right advice can have a huge financial impact. CanEquity Mortgage is an active member of the Better Business Bureau and has helped tens of thousands of Canadian's with their mortgages.

What is a Mortgage Broker?

Mortgage Broker Question

Simply stated, a mortgage broker is an agent for lenders in much the same way an insurance broker is an agent for insurance companies.

Mortgage brokers act as agents for banks, trust companies, credit unions, mortgage corporations, investment corporations, finance companies and individual private investors.

Mortgage brokers are trained professionals that have to meet a satisfactory educational requirement before they may become registered. As such, this requirement ensures you are being provided with a duty of care, a working knowledge of mortgage products and a standard of service to meet individual needs.

Buying Your First Home

Buying Your First Home

One of the most important investments for anyone is the purchase of a home.

There are many important questions that must be answered when it comes to buying your first home. Many new buyers do not understand the home buying process and may become anxious when it comes to making an offer on a property. Alberta Equity is well versed in the first home purchase process, providing information for approvals and walking through the process of completing your first home purchase. Learn More

What is an assumable mortgage?

An assumable mortgage is one in which a qualified buyer can take over the mortgage from the current owner on the property being purchased. Assuming a mortgage requires a simple amendment to the mortgage document registered on title. This type of mortgage can offer the qualified buyer with a better than market interest rate in some cases and also cut legal costs associated with obtaining a brand new mortgage.

Why deal with a Mortgage Broker?

Mortgage Broker represent you, the customer, not the lender. Because they are not employees of a lending institution, Brokers are not limited in the product they can offer you. Brokers seek out the best lender package to suit your specific situation, whether it's with a Chartered Bank, Trust or Insurance Company, or Private Funds.

There is a wide assortment of options and features available to homebuyers today. Shopping around takes a lot of time and effort. The mortgage process within today's very competitive marketplace intimidates many Canadian homebuyers. It pays to work with a mortgage professional who will represent you and ensure the mortgage you get is the one best suited to your needs.

Choosing the wrong mortgage can cost you thousands of extra dollars. Mortgage Brokers are trained professionals who can help you save on your mortgage dollar.

Taking the Stress out of Home Hunting

House Hunting Without Stress

Purchasing a new home can be a major decision for many and it can also be extremely stressful. Don't let stress ruin this exciting time.

By pre-qualifying and taking all of your mortgage needs into consideration prior to house hunting, you can then focus on the small details when you are ready to start looking.

The perfect home within your price range is waiting for you, but if you need more help taking the guess work out of mortgage shopping and home buying, our brokers at Alberta Equity Mortgages will work for you.

Why Should I use a Mortgage Broker?

Why use a Mortgage Broker

If you value your time and money then using a mortgage broker could be the service for you. At Alberta Equity, our trained and professional mortgage brokers have a vast resource of lenders at their finger tips. This means we can find the best possible rate and mortgage option to suit your needs without having to shop around. Our brokers are extremely accessible and willing to answer your questions and concerns through every step of the mortgage process.