Testimonials - Canadian Mortgages Inc | Canadian Mortgages Inc.

Refinance

Location: Arnprior, Ontario

Problem: Clients required funds for a debt consolidation and were originally looking for a higher interest rate bearing 2nd mortgage.

Resolution: CMI was able to not only consolidate all of their debts, but we were able to obtain a 1st mortgage refinance with a significantly better 1st mortgage rate, saving the clients over $800.00 a month in cash flow.

Testimonial: To you and your associates, we just wanted to say thank you for a job well done. We are in our 50′s and have required many mortgages over the years. Without a doubt, we both feel this was the smoothest one of all and to top it off, one of the best rates we’ve had.

We can’t thank you enough for such a smooth process. Didn’t require a Tylenol once.

Much appreciated.

Allan & Betty

Home Purchase

Location: Ajax, Ontario

Problem: Clients were seeking to purchase their very first home. One of the applicants credit was bruised and was not able to qualify at top rates.

Resolution: CMI addressed the issue right away by recognizing that one of the applicants with strong credit had enough income to qualify on a stretched amortization. By temporarily putting the clients on a longer amortization, we were able to obtain an approval instantly and allow these applicants to purchase their very first home. With pre-payment capabilities given to the clients, they have now reduced their extended amortized mortgage and are on track to paying it off in 15 years.

Testimonial: The team at Canadian Mortgages Inc. was more resourceful and professional than anyone we’ve ever worked with from the major banks. Right from the start we were informed of what they were able to provide and they followed through making our home purchase a smooth, friendly, and enjoyable experience. We would highly recommend anyone to Canadian Mortgages for their mortgage and financial needs. Contact them and see for yourself.

First Mortgage Refinance

Location: Etobicoke, Ontario

Problem: Client had a 1st mortgage bearing and interest rate of 7% and a 2nd mortgage bearing and interest rate at 18%. Debts seemed to have hit a dead end with only minimal payments being made to her creditors.

Resolution: CMI was able to provide a mortgage at 5.75% refinancing the clients 1st and 2nd mortgage as well as all of her unsecured debt. Not only were we able to obtain a more attractive 1st than what the client already had, but we were able to save her over $1,100 a month in cash flow.

Testimonial: Hi, My name is Deborah Quirke of Etobicoke, Ontario. One day I was sitting at home going over my bills and decided my best option was to refinance my house. I went online to research my options and came across the Canadian Mortgages website. Contacting them via the easy online application was the best thing I ever did. I received a speedy response and am very happy with the results. I would like to take this chance to thank Joseph Fooks and Natalie Sbruiski for all the work they did for me and I would strongly recommend Canadian Mortgages to any of my friends or family in the in the future.

Location: Mississauga, Ontario

Problem: Clients had 3 mortgages secured against their property bearing interest rates of 7.5% on a 1st, 12% on a 2nd and 16% on a 3rd. The 3rd was in arrears and clients were close to losing their home.

Resolution: With very strong private funds accessible to CMI, we were able to consolidate all of their debts and pay all three mortgages out with one new first mortgage. By refinancing the clients and obtaining a mortgage that was much more affordable, the clients have been able to save in excess of over $1,800.00 a month in cash flow. With some strong advice on how to repair their credit, the clients will be back in the bank within 1 year.

Testimonial: Dealing with your company was very quick and painless. You guys came through with flying colors. Great job and thanks for all your co-operation.

Location: London, Ontario

Problem: Clients were sitting with over $100,000 in unsecured debt and were struggling with the minimal payments to keep their credit in good shape. Their 1st mortgage was also at 9% which was not allowing the clients to specifically pay that mortgage down in the near future.

Resolution: CMI was able to address the issue at hand right away. By consolidating all of the clients debts and refinancing their 1st mortgage, we were able to cut their mortgage rate by half and save the clients over $2,000 a month in cash flow. Moving forward with all the money being saved, the clients are actually on track to pay their entire mortgage off in less than 10 years.

Testimonial: Just wanted to say thanks again for the work your team did to get our affairs in order. It was an excellent experience for us to work with you and everything went exactly as planned. Referrals are already an automatic. Keep up the good work.

Robert

Location: Edmonton, Alberta

Problem: Clients were struggling to keep up with their minimum payments on their unsecured debt. Had a debt load of over $75,000 which was just eating up into their cash flow. Although clients had good credit and strong income, the majority of their income was going into making interest only payments to their creditors.

Resolution: Having years of experience in debt consolidations, CMI was able to seek out and correct the issue for these clients right away. With these client’s originally seeking secondary financing and expecting double digit interest rates, we were able to obtain a brand new 1st mortgage for the clients. By consolidating everything into one easy payment, we were able to save the clients over $1,200.00 a month in cash flow. Seeing as the clients were highly stressed and frustrated with their situation, we took the time to address all the issues and how we could rectify them right away. We also gave the clients tips and tricks on how to pay off their mortgage faster, and based on our figures, they should be mortgage free in less than 7 years.

Testimonial: Canadian Mortgages Inc and their representatives, Joseph Fookes and Natalie Srubiski were nothing less than totally fabulous. Our mortgage refinancing was completed promptly and professionally. Requested information was delivered without delay and moreover we were diligently informed as to the ongoing status of this transaction. It was a pleasant surprise to have dealt with CMI, Joseph and Natalie and we certainly will continue in the future.

First Mortgage Purchase

Location: Nepean, Ontario

Problem: Client was purchasing her first home and had absolutely no guidance. The banks were trying to take advantage of her so she decided to call CMI.

Resolution: With all first time home buyers, CMI takes time to explain the entire process to the clients. It is very important that first time home buyers understand what they are getting themselves into. This can be a very stressful and emotionally straining time in an applicants life. Our client had never done this before and had no idea where to start. We covered all the basis from fixed rates to variable rates and how much of a down payment would be recommend. With all the information obtained and properly assessed, we were able to provide our client with a rate over 1.5% better than what the banks had originally offered her.

Testimonial: I am so glad I was sent this questionnaire because I have been meaning to send you something on how happy I have been with the people I have dealt with at CMI. This was my first house and the whole process has been long and not the most pleasant. The one thing I felt went extremely smoothly was getting my mortgage. The two people I have dealt with were Joseph Fooks and Natalie Srubiski. Because this was my first time purchasing a house, I had many questions. Both Joseph and Natalie were always there to answer all my questions and were extremely friendly. I have already recommended CMI to friends and will continue to. Thanks to Joseph and Natalie for making my first mortgage a pleasant and effortless experience. It’s personable people like the two of them that help to give your company a great name.

Sincerely,

Diana

Location: Edmonton, Alberta

Problem: Client was moving from another province with no idea where to start.

Resolution: With an understanding of how difficult it is to just pick up your life and start fresh in a new province, CMI was able to help our client and make her move as comfortable as possible. Instead of stressing over which bank had time to meet with her, we were able to set everything up for the client as she was moving provinces. The end result was a new home with a great rate and most importantly a satisfied client.

Testimonial: Sometimes, you happen to be in a situation when you wish to purchase a home in a new city and have no one to depend on. That’s how I felt when I made a decision of moving to Toronto from a different province. I never imagined that someone who offers a service over the Internet would make my dream come true.
My first contact with CMI was very promising. Mr. Fooks spent 20 minutes on the phone with me, advising me what would best work for me. Within one month I had a mortgage pre-approved. From that time everything went so smooth. The agents at CMI made me feel like a family. They took on so many initiatives and found the best deals for me in the city. Once, what seemed to be stressful process such as buying a home, became a pleasure.
Two months following the first transaction, Mr. Fooks and his team assisted me in a second mortgage. This time I knew I have no reason to worry and I new I am in good hands. This time they worked even harder and were so committed to their promise. They went beyond and above my expectation and all I can say is I am proud of knowing this team and I know whenever I require assistance they will be there for me.

Best regards
Donna

Location: Mississauga, Ontario

Problem: Client was in the process of getting married and buying his first home. Credit was slightly bruised and banks were not offering competitive rates.

Resolution: With strong relationships with all of our financial institutions, CMI was able to obtain a stellar rate for this client. We managed to beat the banks by 1.75% even with the slightly blemished credit. Not only was the client able to enjoy his honey moon, but he was able to start his new life in his new home that we were able to finance without any problems.

Testimonial: Thank you CMI! I received a referral from my sales agent (Real Estate) to give CMI a call and they would be able to set me up. I ended up dealing with Elisha Zavier who was exceptional through the whole process. I ended up receiving the best mortgage rate out there, and the process was quick, simple, and painless. CMI worked hard to make sure I was happy and got what I wanted. I would recommend CMI to anyone out there who is looking for professional, prompt and courteous service. Still to this day, if I ever have any questions regarding financing/loans, Elisha is there to provide me all the answers.

Location: Collingwood, Ontario

Problem: Clients were renting the home they wanted to purchase and had no idea how to finally own it. Frustrated with the banks responses, the clients were close on giving up on owning their dream home. Main income earner had poor credit and co-applicant was self employed not declaring much income.

Resolution: With a lot of hard work and perseverance, CMI was able to make our clients dream become a reality. Not only were we able to allow these clients to finally become home owners, but we were able to do it at fantastic rates. By offering aggressive stated income programs through our institutional partners, we were able to use only one of the applicants to obtain the more aggressive rates and keep their monthly payments as low as possible.

Testimonial: Canadian Mortgages Inc. is a company you can trust implicitly to make the process of financing a home purchase stress free. I am a self employed artist and if wasn’t for Canadian Mortgages I would have not been able to purchase my dream home last year. The interest rate at my bank was more, plus the mortgage amount I needed was much less.
I would definitely recommend Joseph Fooks to anyone seeking a professional and reliable mortgage broker.

Sincerely,

Ellen

Location: Toronto, Ontario

Problem: Clients were purchasing a home but were not receiving attractive rates from their banks. With higher rates being offered, the clients were not able to qualify for as much as they wanted.

Resolution: CMI has very strong relationships with their financial institutions. By putting our best foot forward right away, we were able to beat the banks by over 1.5% and allowed the clients to purchase their dream home.

Testimonial: Thank you so much for your help in this rather new and stressful world of home purchasing. You guys made the lending process, which I thought would be the worst part about home buying, to be the easiest part of this whole production. I really do appreciate the open communication, the expertise that you have shown, and the amount of time you have given Mark and I, not to mention the interest rate! Again thank you so much! I will let every person I know who will be looking for a mortgage that you guys are the best. When it comes time for renewal we will be in contact!

Thank you so much!

Sasha

First and Second Mortgage Purchase

Location: Toronto, Ontario

Problem: Clients had bruised credit and needed to move to a different city in Ontario. Income was difficult to prove and clients were on the verge of giving up. To complicate things even further, they had already sold their home and had nowhere to go if financing fell through.

Resolution: Through some quick thinking and strong lending connections with our alternate bank institutions, CMI was able to organize a 1st and 2nd mortgage combo to get these clients into their dream home. With a very tight time frame, bruised credit and limited provable income, we were able to still put together a great deal for our clients. Even with all the complications, CMI was able to obtain a rate that was actually more attractive than posted rates being provided at the top banks. With some strong advice and the client’s eagerness to improve their credit, they will be back in the bank within 2 years.

Testimonial: I am happy to recommend people to Joseph Fooks for any mortgage issue — he gave us excellent and personalized service every step of the way – you hear about someone going the extra mile for customers – but Joseph REALLY does it. He and his team were available and always easy to reach for any questions – in the panic inducing home buying process it was nice to know we had a knowledgeable person we could really trust looking out for us. You get the feeling its not just a business to Joseph – he really is about helping his clients, in our case he helped us to purchase our dream home in spite of some past credit challenges. I definitely recommend that you give Joseph a call, if anyone can get you into that new home you deserve, it’s him!

Second Mortgage

Location: Algoma Mills, Ontario

Problem: Clients were behind on their bills, their mortgage and were cash flow strapped. Credit was bruised and location was very remote.

Resolution: With CMI’s strong private lending connections, we were able to obtain a large 2nd mortgage to help our clients. With cash flow savings in excess of $750.00 a month, the clients were able to get back on track with their financial position and have since significantly improved their credit. By providing the clients a second chance with their finances, they will be refinancing into a great rate in the following year.

Testimonial: Canadian Mortgages Inc. helped us out at a very crucial time in our lives. We almost lost our home and they stepped up to the plate to ensure that this did not happen. The staff, namely Joseph Fooks kept us abreast every step of the way and to this day, tried to help us. We appreciate all the support and communication they provided.Very much appreciated.

Cathy