Your Local St. Catharines Mortgage Broker
First Mortgages, Second Mortgages
& Home Equity Loans for St. Catharines Homeowners
If you already own a home, but are in need of some extra funds, then using the equity that you have already built in your home in order to obtain a second mortgage may be the right solution for you.
Since a second mortgage can be a more complicated endeavour, you want to go with a company that you know and trust, and who has experience in the business. At Matrix Mortgage, we are one of the top 75 brokers in Canada, and our experienced brokers will work with you to determine if a second mortgage or home equity loan are the right solution for you, and can often get you approved in mere minutes!
Mortgages for First Time Home Buyers in St. Catharines
Buying a house for the first time can be a tough experience, since you simply don’t know what to do, or what to expect. It can be even more difficult when you are in a popular market, and have the added stress of needing to move and make decisions as quickly as possible once you find a home that you love.
Working with an experienced mortgage broker such as those at Matrix Mortgage will help you to feel more comfortable and confident in the home-buying process, and make the experience of buying your first house as stress-free and enjoyable as possible.
Mortgages & the Real Estate Market for St. Catharines, Ontario
Located to the south of Toronto, St Catharines is the largest city in the Niagara Region, and the sixth-largest urban centre in Ontario. Located between Toronto and Fort Erie, St Catharines is located in a perfect area for both trade and commerce. Its major industry was once the automotive industry, with General Motors of Canada serving as its largest employer, however it is now home to many call centres and other manufacturers. It is also home to Brock University.
As of the 2011 census, St Catharines had a metropolitan population of just under 400,000 people. With its proximity to water, as well as its central location between the GTA and the United States, it is a perfect location whether you are commuting to the Niagara region, or even the GTA. It also has lower housing prices than many area closer to the Toronto area,with an average residential sale price of $289,841 in February of 2016.However, the same report also found that the demand for new houses greatly demands the inventory available, meaning that the housing market is quite competitive.
In order to make it easier to find a home in a demanding housing market, such as that in St Catharines, it is important to work with companies who have a strong reputation, and people who you can trust to get things done for you, sometimes at a moment’s notice.
The mortgage brokers at Matrix Mortgage have the experience and know-how, not only to find you the best terms and rates for your mortgage, but also to get you approved quickly, so that you are able to make an offer on that dream home you find. They have experience working with clients with any number of unique situations, so regardless of yours, they can probably find the right mortgage for you, and get it approved!