Most of us have heard the term “credit score” but what does this mean? Are there things that impact our credit score? Credit is important, but it helps to understand what goes into it. Here are the five major components that contribute to your credit score.

I understand that purchasing a property can be quite challenging as there are several complicated financial and legal matters to deal with. The process of home buying can be viewed as a stressful or laborious task. Still, with a little preparation, you can successfully navigate through your home buying procedure quickly and easily.

The housing and mortgage industry have gone through several changes over the years, and staying on top of the latest trends is crucial to obtaining homeownership. However, interpreting these industry changes by yourself can be a challenge if you’re not a part of the industry. For this reason, it’s vital to work with a mortgage broker who’s familiar with this sector, its laws and market conditions. They will provide you with the right advice based on your needs and determine the best product to suit your financial requirements.

I have been speaking with my real estate colleagues over the past few months and the common consensus is that 2020 started out optimistically. Most local realtors felt that Medicine Hat’s housing market was starting off strong. However, the first quarter could not have ended any further from that.

Are you considering refinancing your mortgage, but aren’t sure if it’s the right option for you? Usually, the main trigger for refinancing is to take advantage of current market rates. However, there’s so much more potential that refinancing has to offer. To help you see if this potential resonates with your requirements, mortgage specialist Kristi Sauter at Trilogy Mortgage Corporation has explained the various aspects of this mortgage product.

What does that mean to you?

With so much uncertainty, there is a lot of “lingo” being thrown around right now and it can be very confusing. I want to try to clear a few things up.

Job uncertainty, economical conditions, a global health crisis. These are all things that we as a community are facing, some to more of an extent than others right now, but the consensus is things are hard and things are scary. Regarding your mortgage however, there are few options available that might provide some piece of mind.

Taking on a mortgage is a big financial responsibility. Besides repaying thousands of dollars, one also needs to cover the interest on the amount borrowed within a specified period. On account of these massive financial requirements, it’s quite common for people to want to reduce all expenses when obtaining a mortgage.

If you’re looking for a dedicated mortgage broker to help you find the most suitable mortgage solution, it’s essential to pick a reliable agent with high standards. After all, the end result will determine whether you get the home of your dreams. Therefore, it’s vital to choose a professional you can rely on. However, determining if a mortgage broker is dependable, efficient, and competent can be difficult.

I’m Kristi Sauter, the proud mortgage broker with Trilogy Mortgage Corporation. I look forward to sharing my story. I hope that you will enjoy getting to know me better.

Buying a house is a significant investment that requires extensive research and careful financial planning. While you may call a real estate agent to learn about the properties you’re interested in, it’s also essential to consult a mortgage broker to identify your mortgage options. 

On behalf of Kristi Sauter and Cindy Derouin, we would like to wish everyone a happy, healthy, and prosperous holiday season.

We truly appreciate all of our clients, and we would like to extend our warmest wishes for 2020!

Once you decide to buy a house, the next step is to hire a mortgage broker to help you find a suitable lender with the right mortgage solutions. Besides serving as a link between borrowers and lenders, mortgage brokers also offer other benefits. 

We are delighted to announce the launch of our new website!

Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.

New Website Coming Soon!