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Mortgage Broker, Scott Trainor with The Mortgage Associates talks mortgage trends on Global, Saskatoon

posted by The Mortgage Associates    |   April 3, 2014 11:54

TMG The Mortgage Associates very own broker, Scott Trainor looks at the implications of lower mortgage rates on the real estate market and homeowners on Global, Saskatoon, April 3rd, 2014:

Because of Shawna's dedication to her clients I now work closely with her in real estate.

posted by The Mortgage Associates    |   April 3, 2014 09:33

This was our 2nd time using Shawna and although it would have been easy to just sign the bank renewal we are glad we called her first. She kept us from making a huge mistake!! Shawna is very professional and a caring person who once again found the best rate and mortgage for us. She is easy to reach and always answers all of our questions. She knows her stuff!! Because of her dedication to her clients that I experienced I now work closely with her in real estate.

Alyss Gehl

Five mortgage market truths, like you can do better than 2.99%

posted by The Mortgage Associates    |   April 2, 2014 10:18

Five mortgage market truths, like you can do better than 2.99%

Article by Rob Carrick with The Globe and Mail, April 2, 2014

Here are five things you need to know about the mortgage market as the spring home-buying season gets going:

1.  That 2.99 per cent Bank of Montreal five-year mortgage isn’t quite as good as it sounds.

2.  You can do better than 2.99%.

3.  We will see wide open rate competition this spring.

4.  Variable-rate mortgages are looking good.

5.  The banks will crush you if you want to break your mortgage.

For the full article, please click here.

By working with Shawna we were able to get our dream home built.

posted by The Mortgage Associates    |   April 1, 2014 09:28

We worked with Shawna in 2013 and it was absolutely amazing. She is so friendly and made everything so easy for us. We always thought you should go through a bank for your mortgage but quickly found out that the banks rates and the amount you were approved for were nothing compared to what a mortgage broker can do for you. By working with Shawna we were able to get our dream home built. We highly recommend Shawna.

Amber Neuberger - October 2014

Mortgage Brokers Go The Extra Mile

posted by The Mortgage Associates    |   April 1, 2014 09:24

Mortgage Brokers go the extra mile

By Kathryn Boothby, for Postmedia News, March 26, 2014

Len Collins is well-versed in mortgage financing - he owns four houses, so he's had considerable experience in these matters. But even so, he says he never goes it alone.

Collins signed his first mortgage deal with a local bank when he was 24. "It was 1988. I was young and had a down payment. Going to the bank for a home mortgage was the standard thing to do. I didn't shop around because mortgage brokers weren't too prevalent back then."

Collins bought and sold three homes over the next decade and a half. It was at that point he adopted the philosophy that real estate should only be bought, not sold. Around the same time, he met the mortgage broker who would help him assemble the stable of properties he and his wife own today.

He hadn't had much exposure to brokers to that point. But he needed someone to help build his property portfolio in a cost-effective way with mortgages that matched his personal and economic situation.

"A mortgage is often the largest financial commitment of a lifetime," says Jim Murphy, president and chief executive officer of the Canadian Association of Accredited Mortgage Professionals (CAAMP). "It's important that consumers have choice, one of which is a mortgage broker who shops the market to find the best product at the best rate for the borrower, whether it's a first mortgage or a renewal."

Click here for the full article.

Finance Minister Oliver won't meddle in mortgage market - for now

posted by The Mortgage Associates    |   March 31, 2014 11:01

Article by Tara Perkins, Bill Curry and Tim Kiladze as posted in The Globe and Mail on March 27, 2014.  

"Canada’s new Finance Minister is taking a hands-off approach to the mortgage market, signalling that, unlike his predecessor, he does not want to interfere in the rate-setting decisions of the banks.

Joe Oliver had been the nation’s Finance Minister for one week on Wednesday when Bank of Montreal CEO Bill Downe called to say that BMO was about to bring back its controversial 2.99-per-cent five-year fixed-rate mortgage."

For the full article, please click here.

The professionalism and service we received from Shawna deserves to be recognized.

posted by The Mortgage Associates    |   March 31, 2014 10:54

This will be the first review I have EVER published, typically it doesn't seem necessary, but the professionalism and service we received deserves to be recognized. My boyfriend and I started to look for our first home around four months ago, we first went to our local bank branch and checked out options before we found Shawna. We are so thankful that we called her because we did not feel comfortable with the appointment we had initially elsewhere. I work within the Mortgage and Real Estate industry and on a personal level we have been so happy with the service received, and on a professional level I can tell they know they're stuff and they really care. They treat you like a client.. not a number.. a rarity among this profession. Shawna and her staff were glad to answer my numerous emails and telephone calls with what probably were trivial questions, although nor my boyfriend or I ever felt that It was a problem to just ask Shawna or Michelle (amazing staff member at TMG). We now have a firm deal in place and are just waiting to move in! Thanks again Shawna and staff for all of your help in making this experience fun, and painless!

Shannon Williams - September 2013

Buying a house? Don't go to the bank

posted by The Mortgage Associates    |   March 28, 2014 15:23

"An independent mortgage broker isn’t tied to any financial institution and instead works on your behalf, rather than the lender.

Because they are not employees of a lending institution, mortgage brokers are not limited in the products they can offer you.

They can seek out the best mortgage options to suit your specific situation, from a multitude of lenders — banks, trusts, private companies and insurance firms. Their primary role is to provide unbiased mortgage options and advice to clients.

In most cases, mortgage brokers are free. When the broker matches a lender with a buyer and a mortgage is placed, the broker is paid by the lender based on size of the mortgage, not the rate."

Click here to read the full article.

I appreciate Shawna for helping me to get mortgage at reasonable interest rate

posted by The Mortgage Associates    |   March 26, 2014 15:05

I appreciate Shawna for helping me to get mortgage at reasonable interest rate. When we started the search to purchase a home, she provided all professional suggestions to get good deal. She was always in contact with me during time of home search and provided the estimate for fluctuation in economic conditions and interest rates. She fix interest rate for my mortgage before it increases. I am very thankful for her services. I am satisfied with services provided by her and her staff members. I would highly recommend her to all who are looking for a mortgage.

Amarjit Mahil - October 2014

Whether this is your first home or your tenth, you can't go wrong at all with going with Shawna!

posted by The Mortgage Associates    |   March 24, 2014 16:34

Near the end of August,2013 my wife and I were interested in buying our first home, and one came up on the market in our small town just outside Saskatoon. I looked online and looked at reviews and got a good feeling about Shawna and The Mortgage Group. I phoned and spoke to her assistant Michelle Taylor. The 2 of them helped us through everything patiently and thoroughly. We were able to phone them anytime and either one of them was there for us right away. They also have a great, competent staff that were quick and efficient at following up with us or getting any information for us. Whether this is your first home or your tenth, you can't go wrong at all with going with Shawna and Michelle and Natasha and the rest of the awesome staff that works/helps at The Mortgage Group. The greatest part about once your with this group, that even after you've finished everything they are really and truly there for you all the time, we had a issue a month after we moved in and contacted Shawna and she was in there helping us out right away on a Friday afternoon, not stopping until we felt comfortable and satisfied that the problem was rectified. When our term comes up for renewal we'll be going back and probably getting the same incredible comforting service we had the first time. Her resources are endless and her effort is ongoing forever, so be smart and give Shawna and her group a call, you won't regret it at all. Good Luck with your venture.

Willy B - January 2014