Fairchoice provides mortgage options which banks cannot offer, such as payment free mortgages. Imagine living without mortgage payments.
I have been a client of Fairchoice for the past few years.
They have assisted me with getting a mortgage at a very difficult time in my life. More recently, as the monthly payments and qualifying became an issue, Fairchoice helped me to get a No Payment Mortgage. This is the best thing that has ever happened to me with my finances. Now, my life is virtually stress-free as far as my finances are concerned.
Stressed out over money problems?
Unable to keep up with rising monthly payments?
Fairchoice can provide you with a one-payment solution which will reduce your monthly costs.
It was an absolute pleasure working with Collette and his team. The level of communication and punctuality was superb. They were very hardworking and straightforward throughout the entire mortgage process. I would most definitely recommend Fairchoice.
Be sold or be coached?
People are accustomed to being sold a mortgage product.
Fairchoice takes the time to get to know you and your circumstances so that we can customize a tailored solution to fit your specific needs. Our team will first help to identify your financial challenges and provide the right options to help you overcome those obstacles and arrive at your desired destination.
The many solutions that Fairchoice offers include debt consolidation, home equity lines of credit, construction financing, refinancing and payment free mortgages.
Fairchoice is a great company who put clients first. Anybody who is looking for mortgage lender I highly recommend them as they personally helped me secure mortgage that suits me.
We have helped over
6 thousand clients
realize their goals
Welcome home to Fairchoice Mortgage Co. , where we bring clarity to our clients' lives’ with a bevy of financial solutions. We strive to provide a paradigm shift in the level of service we offer to clients through our knowledge of credit and taxes in addition to just mortgages. My father started Fairchoice Mortgage Co. in 1997, my mother & I joined him in 2001 and we’ve been on a mission to exceed our clients’ expectations ever since.
- What’s the difference between a Broker and My Bank?
- How much do I need to put down to avoid paying CMHC Insurance fee?
- How much do I need to have available for closing costs?
- What’s the minimum I can put down to purchase a home?
A Broker has access to all Major Banks and as well as many non conventional (private) lenders. The broker knows the lending guidelines of all these lenders and can offer you greater flexibility in qualifying and on the mortgage terms. A broker does not work for a specific institution and is focused only on YOUR NEEDS!
You will need a minimum of 20% down.
Though this varies depending on your location and specific circumstances, most First Mortgage lenders require you to show 1.5% of the purchase price. Second mortgages vary widely depending on the lender but you will be given the total costs along with your original quote.
Minimum down payment required is 5% of the purchase price.