Benevolent Bancorp is a wholesaler like “Costco”. Our rates are always lower than the banks rates because we not only give them volume but we also give them a totally underwritten mortgage so they save time.
We know the underwriting guidelines and mortgage products of almost all the banks. Even if you have gotten a rate quote from a particular bank, we can submit your mortgage to the same bank and get you a better rate.
Great News! The government of Canada has sponsored the First Time Home Buyer Incentive (FTHBI) program. This program helps the first time home buyer with additional 5% to 10% interest-free down payment assistance so as to help them qualify.
The first time homebuyers must have a minimum of 5% down payment from their own resources. They must have good credit and verifiable income.
Call us now to find out more about the first-time homebuyer program.
Click Here to know more about the government sponsored first-time homebuyer program.
Regardless of your income and credit situation, more than likely Benevolent Bancorp can help you get the mortgage you need and get it at a competitive rate!
It all starts with a loan application. Once you get us your mortgage application we go to work for you and give you a preapproval and a rate quote within 24 hours.
Benevolent Bancorp does First, Second and Third Mortgages. No amount is too small or too big.
Benevolent Bancorp is committed to making the borrowing process quick, efficient, and easy.
Our institutional and individual investor partners provide Residential, Alternative and Private Mortgages.
When we get your application, we strive to get you the lowest possible rate in your particular situation. With our years of experience and knowledge of each and every lender’s underwriting guidelines in Canada, rest assured your application is in good hands.
We know how to build a solid loan package and present your story in a favorable light. We are on your side.