Mortgage services
From your first pre-approval to your fifth renewal, Rekha explains your options in plain language and meets you wherever is easiest.
Buying for the first time comes with a lot of new terms. Rekha walks you through what you can afford, how much down payment you need, closing costs to budget for, and how savings in a First Home Savings Account (FHSA) or the RRSP Home Buyers’ Plan can go toward your purchase.
Talk to Rekha about thisA pre-approval looks at your income, debts and down payment to show the price range that makes sense for you, and can hold a rate for a period while you shop. Bring it to your realtor and you’re ready to act when the right home comes up.
Talk to Rekha about thisMoving up, downsizing or relocating within the Edmonton area? Rekha can help you compare keeping (porting) your current mortgage with a new one, and plan the timing when your sale and purchase don’t close on the same day.
Talk to Rekha about thisYour renewal is the best time to look at your term, rate type, amortization and prepayment options. Start the conversation a few months before your renewal date. If your mortgage is with another lender, Rekha can walk you through switching it to CIBC.
Talk to Rekha about thisIf you’ve built equity in your home, refinancing or a home equity line of credit can fund renovations, education or other large expenses, or roll higher-interest debt into one payment. Rekha will lay out the costs and trade-offs so you can decide.
Talk to Rekha about thisNew to Canada and ready to buy? Lenders have options for newcomers who are still building a Canadian credit history. Rekha explains what documents are usually needed and what to expect, step by step.
Talk to Rekha about thisBusiness owners and contractors often have income that looks different on paper. Rekha helps you understand which documents lenders typically ask for, such as Notices of Assessment and business financials, and how to prepare them.
Talk to Rekha about thisThinking about an investment property, a second home or a home with a legal suite? Down payment and qualification rules can differ from a home you live in. Rekha can explain the options and what you’d need.
Talk to Rekha about thisA short call is the easiest way. There’s no cost and no obligation.
