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Category: Invis FAQ (18 posts)

  • August 5, 2016 @ 10:04 AM
  • Posted by Paula Siemens

Invis The Siemens Group Help Clients Achieve the Best Mortgage Rates on Mid-Term Mortgage Refinancing

Vancouver, BC-based mortgage market experts, Invis – The Siemens Group are now helping their clients across the marketplace mitigate the costs of refinancing their mortgage midterm. The company

  • August 5, 2016 @ 9:54 AM
  • Posted by Paula Siemens

Debt Consolidation Experts Invis-The Siemens Group Highlight 4 Debt Reduction Tips

Debt can have in impact on a person’s day-to-day life. It can make simply answering the phone a stressful experience and can lead to a person becoming isolated when they have no disposable incom

  • July 15, 2016 @ 11:46 AM
  • Posted by Paula Siemens

Invis - The Siemens Group Highlight 4 Questions Homebuyers Must Consider to Ensure They Get the Best Mortgage Rates

When applying through their lender for a mortgage, there is specific information that homebuyers can utilize to ensure the get the very best mortgage rates. But without knowledge of the marketplace, i

  • July 15, 2016 @ 11:44 AM
  • Posted by Paula Siemens

Invis - The Siemens Group Helping Clients Refinance Mortgages with Debt Consolidation Expertise

Vancouver, BC-based specialists for mortgage management services, Invis – The Siemens Group are now working with clients to help them move forward in the debt consolidation process. Homeowners a

  • June 29, 2016 @ 11:48 AM
  • Posted by Paula Siemens

Debt Consolidation Services from Invis - The Siemens Group Helping Clients Save Property

Vancouver, BC-based specialists for financial services, Invis – The Siemens Group are now helping homeowners secure their properties against creditors with expert debt consolidation technics by

  • June 29, 2016 @ 11:46 AM
  • Posted by Paula Siemens

Invis - The Siemens Group Highlight The Steps Proactive Buyers Can Take to Ensure the Best Mortgage Rates for a Future Home Purchase

Many buyers feel they don’t have any impact on the mortgage rates their lender provides for their mortgage. But this couldn’t be further from the truth. By acting decisively and reviewing

  • January 19, 2016 @ 6:55 PM
  • Posted by Siemens Group

Closing Costs

The following is a guide to assist you in calculating the total expenditures that may arise during the purchase of a home. These are some potential costs a purchaser should be aware of: Property Tran

  • January 19, 2016 @ 6:52 PM
  • Posted by Siemens Group

Renovation and Construction

There a a variety of options for financing if you wish to extensively renovate your current home, or construct a new home. They are: - Access equity with an ordinary refinance, either adding the mone

  • January 19, 2016 @ 6:50 PM
  • Posted by Siemens Group

Smith Manoeuvre

The Smith Manoeuvre is a mortgage strategy pioneered by Fraser Smith. He contends that the main issue with how many Canadians arrange their financial planning is that they choose to first pay off thei

  • January 19, 2016 @ 6:48 PM
  • Posted by Siemens Group

What Should you do at Maturity

At your maturity date, you can either renew your mortgage with your existing lender or transfer your mortgage to a new lender. Your mortgage maturity provides an opportunity to reconsider your mortgag

  • January 19, 2016 @ 6:44 PM
  • Posted by Siemens Group

Refinancing

There are several reasons that people may need to refinance during their mortgage term. A few of the most common reasons are:- To consolidate higher interest debt. - To finance upcoming major exp

  • January 19, 2016 @ 6:40 PM
  • Posted by Siemens Group

HST

Effective April 1st, 2013 BC will transition from HST to a combination of GST and PST. In order to prevent a situation in which potential purchasers of new homes would simply wait until GST to purchas

  • January 19, 2016 @ 6:37 PM
  • Posted by Siemens Group

Non-Residents

If you are a non-resident planning to purchase a property in Canada, either as a second home or as an investment, lenders will typically treat your application slightly more conservatively than if you

  • January 19, 2016 @ 6:34 PM
  • Posted by Siemens Group

Qualifying with Damaged Credit

Most major lenders have strict requirements for the minimum credit score that applicants must have to qualify for their products. This means that applicants with damaged credit are frequently declined

  • January 19, 2016 @ 6:31 PM
  • Posted by Siemens Group

Understanding Credit

A credit report is a summary of how you pay your financial obligations. It contains information based on what you have done in the past. Lenders use it to verify information about you, your borrowing

  • January 19, 2016 @ 6:27 PM
  • Posted by Siemens Group

Insurance Premiums

The Bank Act requires that a lender not exceed a loan of 80% of Lending Value unless the loan is insured through an insurer. Currently, the three mortgage insurers in Canada are CMHC, Genworth and Can

  • January 19, 2016 @ 6:23 PM
  • Posted by Siemens Group

Mortgage Qualification

Loan to Value Ratios and Debt Service RatiosYour qualification for a mortgage is primarily driven by two factors: The amount of equity you will have in the property you are purchasing, and what percen

  • January 19, 2016 @ 6:20 PM
  • Posted by Siemens Group

Mortgage Products

The decision regarding whether to take a fixed or a variable product largely depends on a borrower's individual risk tolerance and the current market conditions. Although historically people who have