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low mortgage payments {35 year mortgage canada}


low mortgage payments and 35 YEAR HOME LOAN AMORTIZATION

Need low mortgage payments? In Canada 35 year mortgage amortization is still available on conventional mortgages at 80% or less of appraised value -- ask us if you qualify.

How 35 year home loan amortization can lower monthly payments

John went to his bank to get a mortgage to buy his dream home. His credit is good and he has a 20% down payment plus 1.5% of purchase price to cover closing costs (legal costs and government land transfer taxes).

His bank crunched the numbers using their highest 30 year amortization, but turned him down for the mortgage because he was a little short on his income to meet their debt service ratio requirements. They recommended a co-signor or additional $30,000 down. Unfortunately John could not come up with either, and was about to give up on buying the home.

John put his fingers to the keyboard searching for options and came across this website. He contacted us for home mortgage help with a low mortgage payments 35 YEAR AMORTIZATION mortgage solution.

The 35 YEAR HOME LOAN AMORTIZATION with lower mortgage payments was enough flexibility to help client qualify for a mortgage amount he needed to buy the home of his dreams.

lower my mortgage payments, client says

Can I get a mortgage with a 660 credit score and late payments ... Jackie asks.

Jackie has been working hard to pay off her house. She was in the fourth year of her existing mortgage at 25 year amortization. She has a good salaried job but her credit is a bit bruised as she's been helping her daughter financially with her college expenses. In the last year, she's had 2 late payments on her credit cards.

Starting to struggle she decided to address the problem before her credit suffers too much damage.

She too went to her bank to refinance a home mortgage to cash out some of here equity. Her bank turned her down for a mortgage. 

Jackie reached out to us for home mortgage help saying ... lower my mortgage payments.

In two years when Jackie's daughter graduates and no longer needs her help, Jackie will increase her monthly payments by 15% ($157 a month) to start reducing her amortization period again and pay down more principal.


35 year home loan amortization to lower mortgage payments - whether it's a long or short term strategy to improve your cash flow - working with home loan amortization can be simply the best mortgage solution!

Getting low mortgage payments with 35 year amortization can be an attractive option. There are times in people's lives when they experience setbacks and have too much debt to handle. We have many articles on this website to help you refinance a home mortgage and top debt consolidation loans we offer. The savings are significant.

Marie Copeland FSU, Mortgage Broker

top posts with 35 year amortization options ...

Ask us if you qualify to lower mortgage payments on your home mortgage loan.

You won't be disappointed!

Call 905.537.8815, or

Banks and "A" Lenders pay us for your service. EXCEPT bad credit mortgages, some self employed mortgages, private mortgages or multi-use and commercial loans - broker fees are payable by clients. 

*Lenders change their products and interest rates without notice.

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