Find clear answers to common mortgage questions and learn more about buying, refinancing, renewing, and financing your home.
Don’t worry, you’re not the only one! Check out the most frequently asked questions we get below and feel free to contact us if you want to know anything else.
Yes. A mortgage pre-approval helps you understand your budget, strengthens your purchase offer, and gives you confidence while searching for your next home.
In Canada, the minimum down payment starts at 5% for eligible homes, although larger down payments may reduce mortgage costs and improve financing options.
Mortgage approvals typically take between one and five business days, depending on your lender and how quickly supporting documents are provided.
Yes. Refinancing before renewal is possible, although lender penalties may apply depending on your mortgage terms.
In most cases, mortgage brokers are compensated by the lender, meaning their services are often provided at no direct cost to the borrower.
Absolutely. Renewal is an excellent opportunity to compare rates, negotiate better terms, or switch lenders if another option better fits your financial goals.
Most lenders require proof of income, identification, employment details, recent bank statements, and information about the property being purchased.
The right choice depends on your financial goals, risk tolerance, and market conditions. Rinku can help you compare both options.
I had an excellent experience working with Rinku Chatterjee as my mortgage broker. From the very beginning, she was professional, knowledgeable, and extremely responsive. She took the time to clearly explain all the options available...
I had the pleasure of meeting Rinku last year and OMG she is such a remarkable human being. She cares deeply about her clients and she goes over and above to help them with their needs...
I met Rinku through a referral, which already speaks volumes however I was incredibly impressed by her tenacity and relentless dedication while working through the financing process...
Rinku is a consummate professional. She streamlined the process more than I have ever experienced. She is extremely helpful, kind, prompt, knowledgeable and compassionate every step of the way...
Rinku and her team did such an amazing job. They walked me through every step of the way. So professional and kind and patient with me. Always answering my 101 questions. Thank you for everything you do for me and my family.
I have had the pleasure of working with Rinku as a mortgage agent on multiple occasions, and I am consistently impressed by her professionalism, expertise, and dedication...
I am pleased with how Rinku and her team went above and beyond to get my mortgage approved. Her professionalism in getting the paperwork completed immaculately and negotiating with the banks speaks volumes of her knowledge in this industry...
I recently had the pleasure of working with Rinku, and I can't recommend them highly enough. From start to finish, Rinku demonstrated exceptional professionalism and dedication...
I came across Rinku through an Instagram advertisement. I had two closings in the space of a month and half and realized it was going to be difficult on account of the interest rate hikes and the new stress tests, but Rinku and her team...
Rinku has been an amazing support for myself and partner through many years of mortgage transactions. Rinku and her staff made everything simple and worry free...
I am very satisfied with Rinku and her team. They really helped me to get a house when it was almost impossible. They were there for me till the last step supporting me...
Rinku is the best mortgage broker period. We've been with her for about 4 mortgage renewals. She always keeps you updated and up to date, she always tries to get the best possible rate.
Rinku what can I say about her brokerage expertise she guides you from the beginning to the end. One in a million even if the situation is a tough one. I would recommend her brokerage firm 100%...
Rinku is real gem in mortgage industry. She is doing her best to get proper solution for your mortgage needs she is doing every possible effort sometimes beyond the limits to get your mortgage done...
Got our refinancing done through her. Didn't have to worry about a thing. Qualified us for a refi in this tight economy - helped us a lot in navigating the paperworks. Helped us to negotiate with the bank to reduce some of the penalties...
