I’ve never met Mr. Hepditch before, but I’ve had 3 mortgage brokers since 2000, and haven’t had a bad experience yet. IMHO mortgage brokers in my own experience offer very good service, and tend to look beyond the mortgage into other factors. Not exactly financial planning, thought not ignorant of financial planning either. I guess a mortgage is part of your personal financial plan.
Also, ask about an “Australian-style” mortgage. I’ve got one from National Bank and I love it (I’ll leave it to the expert to explain). But don’t get one if you find credit cards too tempting.
Hi Bradford … Thank you for the kind reference to our industry…appreciated!
National Bank’s “Australian” style mortgage is their “all-in-one” product which is similar to the Manulife One product. The product details are lengthy but in a nut shell…the lender registers a mortgage against your home up to 80% of the value of your home…Your Pay gets credited to an “all Inclusive” account and that total is applied to your mortgage balance…you then use Checks or Plastic to draw against that account and add back to the Balance of your mortgage or “All Inclusive” account balance… One real benefit is you get a larger sum applied to your mortgage…on a bi-weekly or Monthly basis…which reduces the Per Diem interest accural and that per diem does not change until you draw back against the “all Inclusive’ account…over the 25 year or less ammortization on your mortgage….and depending how diciplined you are to avoid drawing against the equity created over time…savings could be significant! If you have interest in this product feel free to call my office at 860-5224…Best Regards
It would be best if you called me to discuss your personal situation…If your mortgage payments are already in arrears…we do have programs to get things back on track…please call me @ 860-5224.
Super site you have got here. Will keep coming reading these good articles you are going to write. Maybe you want to check out the commodity brokerage website.
My mortgage payments will already be behind, can you recommend anything?
I’ve never met Mr. Hepditch before, but I’ve had 3 mortgage brokers since 2000, and haven’t had a bad experience yet. IMHO mortgage brokers in my own experience offer very good service, and tend to look beyond the mortgage into other factors. Not exactly financial planning, thought not ignorant of financial planning either. I guess a mortgage is part of your personal financial plan.
Also, ask about an “Australian-style” mortgage. I’ve got one from National Bank and I love it (I’ll leave it to the expert to explain). But don’t get one if you find credit cards too tempting.
Hi Bradford … Thank you for the kind reference to our industry…appreciated!
National Bank’s “Australian” style mortgage is their “all-in-one” product which is similar to the Manulife One product. The product details are lengthy but in a nut shell…the lender registers a mortgage against your home up to 80% of the value of your home…Your Pay gets credited to an “all Inclusive” account and that total is applied to your mortgage balance…you then use Checks or Plastic to draw against that account and add back to the Balance of your mortgage or “All Inclusive” account balance… One real benefit is you get a larger sum applied to your mortgage…on a bi-weekly or Monthly basis…which reduces the Per Diem interest accural and that per diem does not change until you draw back against the “all Inclusive’ account…over the 25 year or less ammortization on your mortgage….and depending how diciplined you are to avoid drawing against the equity created over time…savings could be significant! If you have interest in this product feel free to call my office at 860-5224…Best Regards
Hi Dione,
It would be best if you called me to discuss your personal situation…If your mortgage payments are already in arrears…we do have programs to get things back on track…please call me @ 860-5224.
Super site you have got here. Will keep coming reading these good articles you are going to write. Maybe you want to check out the commodity brokerage website.