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Whether you are a first time home buyer, looking to refinance to pull out some equity, buying an investment property, or you have a renewal coming up and want to make sure you get the best rate - You've come to the right place.
What You Will Get From This Website (In 30 seconds or less)
This website is run by me, Mortgage Broker Catherine Evel, and on this site you will find all kinds of information about mortgages.
You'll learn the answers to your questions about mortgages and become confident with the process, and confident to take the next step.
At anytime feel free to pick up the phone and give me a call! I'm happy to answer any questions you have. There is no obligation or pressure to do anything when speaking to me.
Who is Catherine Evel
Before I continue, let me introduce myself. My name is Catherine Evel and I have been doing mortgages for people across Ontario since 1999.
Over the years I've worked with almost every type of client you can imagine; First time homebuyers, real-estate investors, people that are brand new to Canada, self employed individuals, and on and on. I've seen it all and I am competent with doing all kinds of financing.
I am typically within the top 75 Mortgage Brokers in all of Canada. So I have a lot of experience to say the least!
What Areas Do I service?
I'm located 9 Franklin Street Waterdown, Ontario. I have clients all across Ontario. My main service areas are Waterdown, Burlington, Oakville, Ancaster, and Hamilton. Where ever you are located I am happy to help.
If you would like to meet in person we can do that. If your preference is to do everything by phone/email/scanning documents etc. this is absolutely and option.
Why Use a Mortgage Broker?
- We can access more mortgage products.
While the banks can only offer you their own mortgage products, we have access to hundreds of options from Canada’s largest banks, credit unions, trust companies, and financial institutions.
- We’re one of Canada’s top mortgage brokers.
Dominion Lending funded over $21 billion in mortgages across Canada in 2013, and we have been in Dominion’s top 75 brokers in the country for the many years. Simply put, the more volume we fund, the lower rates you get.
- We’ll walk you through the mortgage process.
Our experienced team of professionals is dedicated to helping you achieve your home ownership dreams, providing excellent customer service, and saving you thousands in the process.
- Our services are completely free to use.
The lender pays us based on the volume we send them, not the interest rate, and we don’t get paid until your mortgage funds. You can enjoy confidence and security in knowing that we will get you the right mortgage for your needs.
My Service Pledge to You
Purchasing a home is one of the most stressful financial undertakings that you’ll likely participate in throughout your lifetime. For most people, it’s the single largest investment that they’ll make, period! This is why it’s important to surround yourself with professionals who’ll not only offer you a tremendous amount of knowledge and support, but will also make the process as seamless as possible – keeping you informed every step of the way.
As your mortgage expert, I’ll show you that I care about your needs first and foremost. In fact, understanding your needs is a very important part of the mortgage process. By understanding your needs, I can save you possibly thousands of dollars in potential payout penalties, extra legal fees, etc.
I’ll communicate with you during the entire home-buying and mortgage-financing processes – and even after your mortgage has funded. I’ll send my newsletter to you on a monthly basis so that you’re informed on what’s happening in the mortgage market. Many people simply forget about their mortgage until the renewal date, but there are many reasons that it pays to be informed at all times.
My goal is to give impartial advice on where the market’s going (are rates going up or down or are there new products and features available?) so that you are equipped with information that’ll help you make informed financial decisions.
Honesty and integrity is the number one principle on which true mortgage experts build their businesses. I believe in earning business by cultivating many referrals, as it’s an indication to new clients that their friends, family, realtors, financial planners, lawyers, accountants and so on have all had extremely positive experiences working with me.
The Mortgage Financing Process for Purchases
The number one question a homebuyer often has is “What does the mortgage process entail?” In very simple terms, following is an outline of the process upon which you are about to embark:
1) Get preapproved: Avoid any hiccups or obstacles before you begin the home shopping process. Being preapproved helps in the following ways:
- Determines price range – it’ll help you understand what your monthly costs will be and determine your price range.
- Guarantees the rate – from 90-120 days. And we’ll automatically adjust your rate down with any market reductions.
- Allows you to put in a competitive offer – become a successful bidder with a short subject to financing requirement.
2) Put in an offer: Once you have found the property that meets your needs, you’ll put in an offer that’ll be accepted or countered. This may go back and forth until you reach an acceptable price with the vendor.
3) Offer is accepted
- Email/Fax us a copy
- An appraisal is ordered (if necessary)
- Send in any remaining documents required for financing (income confirmation, down payment confirmation, etc)
- Send an inspector in (if applicable) – I can help you arrange this
- Receive the lender’s approval on property and final approval letter
4) Lawyer’s Office: Lawyer gets lender instructions. You sign at Lawyers office to finalize everything. You’ll be asked to provide any money that’s to be used as your down payment, which is not already on deposit with your realtor. Typically, you’ll go in 1-2 days prior to the completion date.
Refinancing is a great way to access money you have accumulated as equity in your home. Often people will refinance to pay out and consolidate debt, access money to pay for renovations, or to make an important purchase or investment.
Whatever your need to refinance is, I am happy to have a discussion with you, hear what your goals are, and lay the numbers out for you.
I will let you know what makes the most sense for your goals.
Nearly 60% of borrowers simply sign and send back the first renewal the lender offers them without ever shopping around for a more favourable interest rate. Homeowners should never accept the first rate offer from their existing lender. Without any negotiation, simply signing up for the market rate on a renewal unnecessarily costs the homeowner a lot of money on their mortgage.
Let me find and negotiate the best rate for you!
Take The First Step
If you are ready to take the first step then its time to do a mortgage application. Enter your contact information below and I will contact you. I can answer your questions and take your information over the phone or I can send you a mortgage application by email to complete and send back.
I look forward to assisting you!