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Let me help you finance your home!

I'll sweat the details so you don't have to.

Purchasing a home is an important decision and you should be confident about your investment. I will work with you personally to offer you valuable insight throughout the process, save you time and find the mortgage that best suits your situation. Also serving Rockland, Ottawa and Orleans

Kyle Vaillant

A special welcome to a new mortgage agent on the Beat Banks team! Kyle is a bilingual mortgage agent and has a passion to help first-time home buyers with all their mortgage needs. You can contact Kyle by phone at 613-807-0722 or by email at kyle@beat-banks.com

Expertise

I will provide you independent expert advice on your financial options. I am not tied to a specific lender or products so I can offer you mortgage products that will best match your specific needs.
Save you time with one-stop shopping

Instead of spending your valuable time meeting with competing mortgage lenders, I can quickly narrow down the list of lenders that will help you achieve your financial goals. I will make your comparison-shopping fast, easy, and convenient.
No charge to you

There's absolutely no charge for my services on typical residential mortgage transactions. Like many other professional services, such as insurance, mortgage brokers are paid a finder's fee when we introduce dependable clients to a financial institution.

Why Should You Use My Services?

I will negotiate on your behalf. Many people are uncertain or uncomfortable negotiating mortgages directly with their bank. And even if you have an existing relationship with your branch, TMG does millions of dollars of transactions yearly with a wide variety of lending institutions so we have strong lender relationships. I can use that relationship to your advantage to negotiate your mortgage to ensure you secure competitive rates and terms that benefit you.

I will also ensure that you're getting the best rates and terms. Even if you've already been pre-approved for a mortgage by your bank or another financial institution, you're not obliged to stop shopping! I can investigate on your behalf to see if there is an alternative to better suit your needs.

Do you know about mortgage customization? All mortgages are not created equally, and depending on your financial goals, I will ensure the mortgage you receive helps you with those goals. Whether borrowing to purchase, renovate, or make your mortgage interest tax deductible, I can ensure that the mortgage you have helps achieve these financial goals.

Think Outside the Branch for Your Mortgage

New Mortgage

Need a new mortgage? I'll help you pick the right fit for you and your budget.

Renewal

When it comes time to renew your mortgage, I'll help you review your options and make the renewal process simple and easy.

Refinancing

Sometimes, refinancing is your best option for a variety of reasons. Let me review your options and do the hard work for you!

Get started with your application now!

I'm here to help with your mortgage needs, refinancing, new home purchases or mortgage renewals. https://www.beat-banks.com/apply.aspx?defaultBroker=kyle%40beat-banks.com

Apply Online Here!

Types of Mortgages

Fixed

A fixed mortgage offers you the security of locking in your interest rate for the term of your mortgage, so you know exactly how much principal and interest you will be paying on the mortgage during the term. Terms range from 6 months to 10 years. Fixed rate mortgages offer some form of pre-payment, from 10% to 25% of the original mortgage balance each year, depending on the lender. If you wish to pay off your mortgage in full, there will be a penalty of either 3 months simple interest, or an Interest Rate Differential (IRD). The benefit of this mortgage is the rate is lower than an open mortgage, making it a more popular option if you have no plans to pre-pay it in full during the term you select.

Variable

A variable-rate mortgage allows you to take advantage of today's low Prime Rate. Most variable rate products are set below prime, terms range from 1 to 5 years. Payments vary depending on the product or lender you choose. In some cases you can fix your payments for up to 5 years, but the interest rate will fluctuate as the Bank Prime Rate changes. In other cases your monthly payments will fluctuate depending on how many times the Prime Rate changes during your term.

Open

An open mortgage allows you the flexibility to pay off some or the entire mortgage at any time, without penalty. Interest rates are usually higher and are tied to the Bank's Prime Rate.

Secured

A secured line-of-credit allows you to access the equity in your home whenever you choose. Rates are tied to prime, usually slightly above prime. Required payment on the balance is interest only, making it a good choice where cash flow may be important. Lower interest rates compared to an unsecured line of credit. You may have a secured line of credit and a mortgage, if you have good equity in your home.

The Rates, Today

Because I work with a wide variety of lenders I can access competitive, lower-than-advertised interest rates. Check back often to see how these rates compare to average bank rates.

How Much Can You Afford?

Use this mortgage calculator to help you figure things out

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My Happy Clients

My Mortgage Blog — Latest Posts

Derek Vaillant || March 28, 2023

What you need to know about Canada’s new Tax-Free First Home Savings Account

First-time buyers can be forgiven if they’re confused by the various programs available to help them with the purchase of their first home. There’s the Home Buyer’s Plan and the First-Time Home...

Derek Vaillant || March 27, 2023

Bank of Canada rate pause likely to continue as inflation falls to 5.2%

Inflation continued to trend downward in February, raising the odds that the Bank of Canada will once again leave interest rates untouched at its April meeting. The country’s Consumer Price Index...

Derek Vaillant || February 23, 2023

Do mortgages vanish when people pass away?

The short answer is no. It may seem like a morbid thought, but the fact is, for most people, their mortgage is the largest debt they’ll carry in their lifetimes. As a result, many...

Derek Vaillant || February 06, 2023

British Columbia’s “cooling-off period” now in effect

As of January 1, 2023, British Columbia became the first jurisdiction in Canada to implement a rescission period for real estate transactions, also known as a "cooling-off period.” The amendments...

Contact me! Let's get started today!

Get in touch with me today for your free consultation!

Whether you're looking for a first mortgage, refinancing your current home, or just researching your options, I'm here to help.

Contact Info

Derek Vaillant1841 Laurier St, Rockland, ON K4K 1A1
613-355-8108
613-355-8108
derek@beat-banks.com