Sylvain Joanette is a Mobile Mortgage Specialist with Desjardins. But what does that really mean. Sylvain: In this case it means bilingual. Desjardins: With over $170 billion in total assets it is the top cooperative financial group in Canada and 6th largest in the world. Mobile: Sylvain comes to you. Mortgage: The means by which you purchase your home. Specialist: He has 20 years of experience in this field working with the ups, downs and changes in the industry.
Now that you have the terminology, lets look at what a Mortgage Specialist does. According to Wikipedia the term Mortgage includes this definition: A homebuyer or builder can obtain financing, in the form of a loan, either to purchase or secure against a property from a financial institution, such as a bank, either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably.
If you are looking to Buy a Home in the Ottawa Region, then you will most likely require a Mortgage. With 20 years of experience, Sylvain has seen the market fluctuate and change and understands the processes of the mortgage industry. He can give you answers to FAQ’s like: What if I am self employed? What if I have been living abroad and just returned to Canada? Do I need a full down payment? How do I re-establish my credit? What credit score do I need? Can I refinance my existing home? What are the fees involved with obtaining a Mortgage in Ottawa? What does the term "final approval" mean? What is the calculation for a typical cancellation fee on a mortgage? I have a considerable down payment but borderline poor credit, what can I do? What is a readvanceable mortgage? And there are many more questions that come up, depending on the variable of your personal situation. Get the answers that you require and let Sylvain draw you a map of the shortest rout between you and your new home.