About Us

The most important factor to consider when Comparing Mortgages In Vancouver is the interest rate, which will tell you how much you will have to pay back every month. There are also fees associated with mortgages, which can run into the hundreds of pounds. Many mortgage companies make money by charging large set up fees, which they offset by offering lower monthly interest rates.


Your credit score is also a critical factor when comparing mortgages. A high credit score means that you have a good ability to manage your money, which can result in better rates. It's also essential to know the length of the loan, as this will influence the interest rate and fees. Make sure you compare all of the options before making a final decision.


The mortgage comparison websites generate quotes in real time, based on your personal characteristics. Advertised rates usually come with disclaimers that they're subject to change. Another important factor to consider is the Loan-to-Value (LTV) ratio, which measures how much the property is worth in comparison to the mortgage. The lower the percentage, the lower the interest rate.


A mortgage comparison calculator is another helpful tool for comparing mortgages. This online tool lets you compare up to three mortgages at a time. Be sure to input all of the relevant fields in the calculator, including the loan amount and term.

McKay Wood - Mortgage Monk