MorCan Financial is a Canadian mortgage brokerage firm that specializes is helping clients secure funding for residential purchases.
The offices of this Ontario-based company can be found in Vaughan. They are not limited to that locale and service the Greater Toronto Area as a whole.
As is customary with any Canadian mortgage company, MorCan Financial helps their clientele with the following:
As one of Ontario’s most trusted mortgage brokers, MorCan Financial has access to over 50 lenders. They deal with major banks, credit unions and trusts. MorCan has relationships with many big names in the Canadian lending industry such as Merix, TD, ScotiaBank, First National and Home Trust.
They work with national and regional lenders to give their clients a personalized blueprint. No two lenders are alike and no two clients are alike. A well-versed broker knows this aspect of the mortgage landscape and uses his or her knowledge to pair their client with a lender that matches their financial situation.
MorCan Financial offers credit consolidation and credit repair. These services are not unique to the Ontario mortgage industry, but they are not offered by every company in the province.
Credit consolidation allows you to merge your debts onto one monthly payment. It is a great tool for those who find themselves swimming in debt and need a better system to become debt-free. On the other hand, credit repair is a service that puts people with sub-par credit on the path to good credit. Credit repair aids those who have very low credit scores in rebuilding their credit, thus helping them go from risky borrowers to ideal mortgage candidates.
The Morcan Financial site, morcan.ca, has links to articles that deal with the mortgage industry. It also features a glossary of important industry terms, frequently asked questions, and a calculator to let you see what you can afford in terms of monthly payments. You can also apply for a mortgage via their website or meet with a broker in person. Most brokers will come to you and meet according to your schedule.Back
Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).
Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.
If you are planning on moving to a new home, then you may not be able to cover all of your expenses at once. Read More
With mortgages rates slowly but surely rising over the last few years, many prospective homebuyers who are on the fence will need to react... Read More
Becoming a homeowner is a major milestone and life achievement; but the reality is, it requires a sizable investment, especially in a real... Read More
If you are planning on purchasing a home, you will likely need to obtain a mortgage, as it can be next to impossible to buy a home without... Read More