mortgage for first time home buyer Medicine Hat

Mortgage Services

Kristi Sauter, your Medicine Hat mortgage broker can help you find the right mortgage, according to your situation. Check out the mortgage services she provides.

  • First Time Home Buyers


    Let me guide you through one of the biggest decisions of your life. I have worked with hundreds of first time home buyers in securing financing that is tailored towards them. Making the decision to purchase a home in an exciting time, yet can often be overwhelming. I will walk you through the process so you have a full understanding of what is involved.

    Repeat Buyers


    Schedule a consultation to sit down with me to see what you can qualify for on your next home purchase. Mortgage rules have changed drastically in the past few years. Take the time to go through your finances with a mortgage associate prior to selling your home to ensure that you will be able to purchase once your house sells.

    Refinances


    Do you have equity in your home yet are carrying large balances on credit cards and line of credit with high interest rates? With mortgage rates at an all time low, it may be a good time to see if it would be in your best interest to roll your debt into your mortgage.

    Second Homes


    I have access to lenders that will let you purchase a second home for you or a family member to live in with as little as 5% down. Call me to see if you would be eligible to qualify for this product.

    New construction mortgages


    Often times people would like to build their dream home. Some times it is in the clients best interest to have a draw mortgage. This occurs when the builder can not carry the cost of the home to completion and requires 4 to 5 draws from the lender to pay for the cost to build the home over the course of construction.

    Self Employed


    Purchasing a home for self employed individuals has become more complex than ever before. I have access to many different lenders that may analyze self employed income differently than your financial institution. If you are having trouble getting your banker to understand your income, give me a call to see if I have options that they may not offer.

    Renewals


    Is your mortgage up for renewal? I would love to be able to offer you a second opinion. I like to call these mortgage check ups. Is your mortgage still working for you? Is your lender offering you a competitive interest rate? By having a simple phone conversation I can advise if you are still getting a great deal from you bank or if it is time to shop elsewhere!

    Reverse Mortgages


    Reverse mortgages are designed for senior citizens. The mortgage gives them the ability to receive a lump sum amount from equity they have in the house. Alternatively, if they require cashflow, a reverse mortgage may allow them to receive monthly income so they are able to maintain a certain lifestyle that they are accustomed to.

    Purchase Plus Improvements


    Have you found the perfect home for you but the kitchen is dated and needs some love? Or perhaps you love everything about a certain house but the basement is unfinished and you don’t have the money to complete it. Did you know that you are able to add this cost into your mortgage? I have access to lenders that will allow this work to be done after you take possession of your house and payout the contractor once he has completed the work.