I am new to this forum. My name is Malisa Russell. I was living in Edmonton for the past fifteen years with my husband. I lost him in a major car accident. I was totally devastated. I didn’t know how to proceed with my life or what to do then. I think I am almost recovered now. I don’t want to be a burden for my parents. I have decided to move to Hamilton where I spent my childhood days. I am planning to apply for a mortgage to buy a new home in Hamilton.
It has become tougher to get a loan these days compared with the past. Financial institutions have tightened their credit standards dramatically during the credit crunch. The acceptance rate of mortgage applications has decreased drastically. I find it comfortable to approach a mortgage broker for better rates. I had a research and found a few mortgage brokers offering affordable interest rates in Ontario. So friends, please share your suggestions and opinions regarding this. Thank you all!