With access to more than 70 lending institutions, including local banks, trust companies and credit unions, Hani provides borrowers with the financing services to buy a first home, refinance a mortgage or set up a home equity loan. Hani’s partnership with the Mortgage Alliance Company of Canada provides Hani’s borrowers with access to more than 1,800 mortgage brokers nationwide. Our brokers have the experience and drive to find the best mortgage product for each and every borrower, and our high-quality broker services are provided at no cost to you, the borrower. Finally, our experienced, courteous staff will make securing a loan simple and easy. Check out some of the options we provide below.
These mortgages provide a fixed interest rate and payment for the term of the mortgage, which may be up to 10 years. Although you may pay a little more than you need to over time if you choose a fixed-rate mortgage, this type of loan is very popular with those who value consistency and security.
The interest rate on a variable-rate mortgage can fluctuate over time based on the Bank of Canada’s prime interest rate. This type of loan is a great alternative to a fixed-rate mortgage, which can save borrowers money over time. However, these savings comes with some uncertainty and risk.
Mortgage refinancing involves paying off an existing loan with the proceeds of a new loan. This can be a great way for borrowers to take advantage of a lower interest rate or better mortgage terms.
When it’s time to renew your current mortgage, don’t just sign the renewal notice you receive in the mail. In many cases, banks rely on the fact that borrowers often sign this without doing any research, which means they might not be getting the best rate possible. Before renewing with your current lender, give Hani a call – chances are, our brokers will be able to offer a better rate.
A home equity line of credit allows borrowers to leverage the equity in their homes to accomplish other financial goals, such as completing home renovations, making a big purchase or taking a family vacation. You can even use the equity in your home to invest in another property or business venture. HELOCs are a flexible and relatively inexpensive way to borrow money, and they can be paid off at any time without penalty.
Canada’s mortgage laws can make investing in a rental property a difficult and complicated process. Our experienced brokers can help you navigate the investment property market and ensure that you adhere to all the special borrowing requirements that apply. Hani will even put you in touch with capable accountants with the know-how to make your mortgage a tax-deductible expense.
Investing in commercial property is a complex process that involves calculating a borrower’s ability to pay the loan and other expenses based on the business that is to be housed on the property. Our commercial loan experts will help you navigate this process and get the best rate possible.
Additional Financing Services Include:
- Mortgages for vacation properties
- New construction loans
- Mortgages for properties in the United States
- Mortgages for multi-unit properties
- Financing for equipment leasing