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Here's what our Personal Loan customers have to say:

I just wanted to say thank you for your help in getting a loan.  I payed off some creditors with it and feel so much better.  Thank you!!! - Kim I.


I want to thank you for having Opal B. work on my loan application. She has been such a delight to work with. Opal diligently tracked me down when I was traveling for business and kept me well informed. Her attitude has always been exemplary.- Glenna A.


It was an absolute pleasure working with you. At all times you were friendly, professional, responsive and courteous. This was absolutely the best finance/refinance experience I have ever had. I recommend it highly to all my friends.- Robert M.


Thanks to ALL of the crew for your wonderful efforts. We have financed several times over the years and this process has easily been the most painless and professional refinancing we've ever conducted.

...sounds kinda corny but your financing has truly been the best thing to happen to us in a long time...keep up the GREAT work!- Peter B.



Looking back I am still amazed at how easy the process was. Thank you again for all of your help. I will gladly recommend you  to any of my friends.- Matthew P.

 

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>> Click here to apply for a Saskatchewan mortgage with bad credit 

Assumable Saskatchewan mortgage: a plus for the buyer

An assumable Saskatchewan mortgage is a loan that lets the homebuyer take over the seller’s mortgage when purchasing the property. This means, with an assumable mortgage, the buyer can take over the same interest rate of the old mortgage but tailor the terms a bit, and the seller may still be liable for the loan.

If your a buyer, consider an assumable mortgage if the seller’s old mortgage has a lower interest rate than the current rate. The seller should be cautious in handing over their loan to the buyer because depending on the state and terms of the mortgage the seller may still be liable for the loan. If for some reason the property is lost the mortgage holder will come after both the seller and the buyer until the loan is paid off.

From the buyer’s perspective this can be a great deal, especially if they have poor credit and may not get such a good deal in the case of applying for a new loan. However, remember that you will still need to 'qualify' for an assumption mortgage. So if the application won’t be a problem make sure to consider the assumption fee and terms of the existing loan before making a decision. Thereafter just do the calculations to see if assuming a mortgage would be financially better than getting a new one.

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