Business details
Description
We bring to you a one-stop convenience and impartial advice when you shop for your mortgage. We offer a computerized service that can present your mortgage requirements to many lenders. By shopping wisely, we can find the mortgage that best suits your financial needs.
We will help you understand how different rates, terms and conditions can affect the lifetime cost of your home, your monthly payments, and financial flexibility. We can help you make your decision as an informed consumer. At TMG The Mortgage Group, we research and filter through hundreds of loans and products with over 50 mortgage lenders which means you can be sure we're presenting you with competitive mortgage rates and options that are tailored to your specific needs.
While there are several factors to consider when making a mortgage decision. There are essentially four key elements to should be considered:
Term - the contracted length of time you pay a specific rate on the mortgage. This is where mortgage amortization comes in which is the number of years over which the repayment of your mortgage loan is calculated.
Rate - the interest rate on the mortgage which is either fixed or variable. A fixed rate means the same interest rate and payment guaranteed for the length of your mortgage and a variable rate means your interest rate fluctuates with changes in the prime rate.
Term Type - specifies the conditions associated with paying out the mortgage as in open or closed.
Flexibility - defines the ability to repay additional amounts thereby reducing your outstanding principal throughout the term of the mortgage; either ongoing with regular payments or lump sum bonus payments.
Categories
Language options
- English
Business hours
- Monday By appointment
- Tuesday By appointment
- Wednesday By appointment
- Thursday By appointment
- Friday By appointment
- Saturday By appointment
- Sunday By appointment