Franz Gerber - MortgagesLab - Burnaby
Franz has been involved in the Canadian and German real-estate market for some 25 years and has gathered first hand experience navigating his way through the mortgage jungle. He personally owns a multi-million dollar real-estate portfolio.Phone: 604-685-5951 Website: www.franzgerber.ca
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Business Operation Hours
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Monday
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9:00 AM to 5:00 PM
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Tuesday
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9:00 AM to
5:00 PM
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Wednesday
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9:00 AM to 5:00 PM
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Thursday
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9:00 AM to 5:00 PM
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Friday
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9:00 AM to 5:00 PM
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Saturday
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Closed
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Sunday
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Closed
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Additional Information
As time passes, so do our lifestyles and life circumstances – families grow and children are born, pay increases are received, money is inherited and is now available to pay down the mortgage principal, children are going to visit university and tuitions need to be paid.
When a mortgage contract runs out, it is time to think on how to adapt the new contract to one’s new circumstances. Think of it this way: Would you purchase exactly the same car as you did five years ago? Has your family grown in number? Are the older kids thinking about moving closer to University or have left all together? Are you transporting your kids’ Saturday morning hockey team?
Just as your car needs are changing so will your mortgage needs as well. I am here to help you with your next choice. Let me find the matching mortgage contract to your current situation.
Mortgages generally qualify as good debt; they are usually available at the lowest possible rates, represent a good investment in a (generally) appreciating asset, and make home ownership possible. Bad debt saddles you with high interest rates – often on depreciating assets. High credit card debt is one of the worst kinds of debt and afflicts most Canadians at some point in their lives. But if you have equity in your home, then you have an opportunity to turn bad debt to good debt. Consider Debt Consolidation by refinancing and rolling high-interest debt into your mortgage for big interest savings.
Often a new mortgage contract may be the best way to manage all of your current debts and to keep your creditors at bay. Moving your high-interest debt into a lower-rate mortgage is a great way to save on your overall interest costs, improve your cash flow, and begin the process of improving your credit rating.
Product and Services
Now is the time to look at the many innovative options and competitive rates available for Refinance. The mortgage environment is always changing – if you are in the last year of your mortgage, it is not too early to talk to me, a licensed Mortgage Professional, about what the next few months will bring.
Whether you are looking to switch from a fixed rate to a variable rate or vice versa, or thinking about paying down a large junk of your mortgage or perhaps even taking money out from the accumulated equity in your home, I stand by your side with advice on what is best for your current lifestyle and not what is good for the bank.
When a term is coming to a close, most banks will send out a mortgage renewal notice in the mail usually one to two months prior to the term expiration. Unfortunately, the banks only tend to offer their posted rate to you with very little or no discount; they only have one financial product to sell – namely their own. Almost 60 percent of individuals renewing their mortgage, sign this renewal without researching what the competition has to offer.
Languages Spoken
English
Payment Options
Visa,Master Card,Cash,Check
