move up mortgage

Move-Up Mortgage Services in Edmonton, Alberta

Elevate Your Living Experience: Unlock Your Dream Home with Move-Up Mortgages

Our Move-Up Mortgage service is designed for homeowners looking to sell their current home and purchase their dream home. It's a comprehensive solution that addresses the complexities of transitioning between properties, providing you with expert advice every step of the way.

With our service, you'll get answers to crucial questions such as whether to port your current mortgage or get a new one, how much equity you'll have from your sale, and whether you should consider keeping your existing home as a rental property. We'll also help you navigate issues like default insurance portability, paying out debts from sale proceeds, and understanding collateral charge mortgages.

By choosing our Move-Up Mortgage service, you'll benefit from competitive rates, flexible terms, and personalized guidance tailored to your unique financial situation. Let us help you make your move-up process smooth and stress-free.

Unique features:

  • Seamlessly bridge the gap between selling your current home and purchasing your next.
  • Enjoy competitive rates and flexible terms tailored to your financial situation.
  • Access expert guidance every step of the way, ensuring a hassle-free move-up process.

Quick Inquiry Form

Seamless Process, from Selling to Buying Your Next Dream Home

Seamless Process, from Selling to Buying Your Next Dream Home

  • Initial Consultation: We begin with a thorough consultation to understand your financial goals, assess your current mortgage, and discuss your preferences for Buying Your Next Home.

  • Financial Assessment: We conduct a detailed financial analysis to determine your borrowing capacity, evaluate your equity position, and explore mortgage options that suit your needs.

  • Mortgage Pre-Approval: Once your financial assessment is complete, we help you obtain a mortgage pre-approval to strengthen your offer while Buying Your Next Home.

  • Selling Your Current Home: We assist you in selling your current home, ensuring a smooth process and maximizing your sale proceeds.

  • Finding Your New Home: With your pre-approval in hand, you can be confident while Buying Your Next Home, knowing your financing is in place.

  • Mortgage Application: Once you find the perfect home, we help you complete the mortgage application and guide you through the approval process.

  • Closing the Sale: We work closely with your real estate agent and legal team to ensure a seamless closing process for both your current and new homes.

  • Transition to Your New Home: Finally, we facilitate the transition to your new home, ensuring all details are taken care of for a stress-free move.

Efficiency & Effectiveness:

Our approach to help you in Buying Your Next Home is designed to simplify the complex decisions involved in upgrading your home. We offer a personalized strategy that maximizes your equity, minimizes your stress, and ensures a seamless transition to your new dream home.

Upgrade Your Space: Access Higher Loan Amounts with Flexible Repayment Options

Choosing our Move-Up Mortgage service offers several key benefits. First, you'll have access to expert guidance throughout the entire process, ensuring you make informed decisions. Second, our service helps you maximize your equity and minimize your stress, thanks to our tailored financial analysis and mortgage options. Third, with our support, you can confidently navigate complex decisions such as whether to port your current mortgage or get a new one, ensuring a smooth transition when you are Buying Your Next Home.

Addressing client needs:

Addressing client needs:

Our Move-Up Mortgage service addresses the specific needs and concerns of potential clients in several ways. Firstly, we understand that transitioning between homes can be overwhelming, so we provide expert guidance to navigate the process seamlessly. Whether you're unsure about porting your current mortgage, exploring new mortgage options, or maximizing your equity, our team is here to help.

Secondly, we recognize the importance of financial stability during this transition. Our detailed financial assessments ensure that you understand your borrowing capacity, equity position, and mortgage options, empowering you to make confident decisions about your next home.

Additionally, we understand the importance of minimizing stress throughout the move-up process. By providing personalized support and streamlining the mortgage application and closing processes, we alleviate the burden on our clients, allowing them to focus on the excitement of finding their dream home.

Ultimately, our Move-Up Mortgage service is designed to address the unique needs and concerns of each client, offering comprehensive support and guidance every step of the way.

Our Move-Up Mortgage Services FAQs:

Should I port my current mortgage or pay it out and get a new mortgage?

Porting your current mortgage can be a good option if your existing terms are favorable and you want to avoid penalties. However, it's essential to compare the terms of your current mortgage with new mortgage options to ensure you're getting the best deal. Our team can help you analyze your options and make an informed decision based on your financial goals.

Can I port my default insurance premium (CMHC, Genworth, or Canada Guaranty)?

Yes, default insurance premiums can often be ported to a new mortgage, but this depends on the terms of your current mortgage and the policies of the insurer. Our team can help you navigate this process and determine if porting your insurance premium is the right choice for you.

Will I require bridge financing?

Bridge financing may be necessary if there's a gap between the sale of your current home and the Buying Your Next Home. Our team can help you assess your financial situation and determine if bridge financing is needed. We can also assist you in securing bridge financing if required, ensuring a smooth transition between homes.

Do you currently have mortgage liability insurance? Is your mortgage liability insurance portable?

Mortgage liability insurance is typically not portable, meaning it cannot be transferred to a new mortgage. However, you may be able to secure new mortgage insurance for your new mortgage. Our team can help you explore your options and ensure you have the necessary insurance coverage for your new home.

Our Mortgage Services include: Mortgage Pre-Approval, Purchase Mortgage, Move-Up Mortgage, Mortgage Refinance, Divorce Mortgage, Mortgage Renewal, Fixed vs Variable Rate, and First Time Home Buyers

CUSTOMER TESTIMONIAL

testimony

  • ⭐⭐⭐⭐⭐I don’t know if we make it easy for her but she definitely makes it look easy, purchased a few properties with her and have never come out feeling like we didn’t get her full attention and consideration. We appreciate all your awesome service.

    Justin Carter

  • ⭐⭐⭐⭐⭐My husband and I are absolutely blown away by the support we have had from Connie Graham. She was literally our Christmas miracle and there’s no way this review will even do justice for the amount of help she gave us during our buying process. We are so thankful our real estate agent referred her our way!! Thank you times a million Connie. You are an absolute blessing.

    Tori Buck

  • ⭐⭐⭐⭐⭐Highly recommended ! I very much appreciate everything these ladies have done to help me with my new mortgage, whether it’s taking my call or guiding me through a step by step process that’s laid out in easy to follow emails about what’s around the next corner. It’s a pleasure to deal with you both and have your excellent guidance and support. Connie and Briana Thank you both so much! 

    Dean Schmidt

Contact Us for Expert Move-Up Mortgage Assistance and Make Your Dream Home a Reality

Reach out to our team today to discuss your Move-Up Mortgage needs. Our experts are here to guide you through the process, ensuring you make informed decisions that align with your financial goals. Let us help you navigate the complexities of upgrading your home and turn your dream into reality.

Offering Move-Up Mortgage Services to clients across Edmonton, Sherwood Park, St. Albert, Nisku, Leduc, Stony Plain, Spruce Grove, Fort Saskatchewan, Beaumont, Grande Prairie, Grande Cache, Hinton, Camrose, Windermere, Riverbend.

Call ETown Mortgage Team Today!