Blue Chip Mortgage was founded in 2009 and its principal has been in the mortgage industry since 2002. In our 15+ year's tenure in the mortgage business we can confidently say that we've dealt with most mortgage situations and scenarios, therefore your situation won't be new to us.
We've successfully brokered hundreds of millions of dollars in funded volume and have developed trusting relationships with many lenders both institutional and private.Our Toronto mortgage brokers are licensed to represent and provide you with the best advice for your mortgage and financing needs.
We've successfully brokered hundreds of millions of dollars in funded volume and have developed trusting relationships with many lenders both institutional and private.Our Toronto mortgage brokers are licensed to represent and provide you with the best advice for your mortgage and financing needs.
Services
At Blue Chip Mortgage Corporation, our mortgage brokers have helped hundreds of homeowners and investors arrange their mortgages for purchases, refinances, construction. We're knowledgeable of the lenders guidelines and loan products, and know how to pair you up with the right lender product that you'll qualify for, and that will satisfy your mortgage needs.
Wanted to thank you for all your help with securing our new mortgage. We got our welcome/introductory letter the other day, we spoke with them today, and we are all set to go for the next five years. Thank you for all your patience in answering our questions and helping us making this move as smooth and painless as possible.
Mortgage brokers at Blue Chip Mortgage Corporation arrange mortgages for new home buyers, experienced home buyers and investors. Whether it's a primary home, second home, cottage or rental property, we can help arrange the loan you need. We can hold the lowest discounted rate for 120 days and hold a slightly higher rate up to 180 days.
Mortgage refinance is a smart solution for those who are tight on cash-flow by high monthly installments or multiple debts. Improve your credit rating because you won't appear maxed out anymore to the credit agencies. We offer some of the lowest and most competitive mortgage refinances rates in the market.
A Home Equity Line of Credit lets you borrow money at much cheaper rates then personal loans and credit cards. Typically the bank will let you borrow up to 65% of the value of the home. So for example if your home is worth 1m, you can set up a heloc up to 650,000 if you qualify.
The heloc can either be set up as 2nd mortgage charge behind your first mortgage, or 1 large charge with separate mortgage and line of credit components within the 1 charge.The benefit of doing 1 large charge as opposed to 2 charges, is that with 1 large charge the line of credit portion increases as the mortgage balance decreases(if you request it from the lender), however with 2 charges the line of credit portion will not increase.
The heloc can either be set up as 2nd mortgage charge behind your first mortgage, or 1 large charge with separate mortgage and line of credit components within the 1 charge.The benefit of doing 1 large charge as opposed to 2 charges, is that with 1 large charge the line of credit portion increases as the mortgage balance decreases(if you request it from the lender), however with 2 charges the line of credit portion will not increase.
Reviews (1)
R. Belenky
Oct 18, 2018
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