Brampton Mortgage Broker – Rumy Gill

Commercial & Residential Mortgages. “Ready To Fund!”

Brampton Mortgage Broker - Rumy Gill

How to get a second mortgage with bad credit?

A second mortgage is a perfect alternative to mortgage refinancing or taking out an unsecured loan for when you need money when you have bad credit. We all know that it is no secret that having a bad credit score can make it challenging to find lenders that will work with you and offer you […]

 When you should opt for a home equity line of credit?

With so many mortgage products that allow you to borrow equity from your home that it can be hard to know which option is right for you. Ultimately, the best thing to do is to sit down with your mortgage broker, since they can bring up questions you hadn’t thought about. But having some kind […]

 Why you should get a debt consolidation mortgage?

If you are looking for a way to get out of debt, you may have heard of something called a debt consolidation mortgage. But exactly is a debt consolidation mortgage? Well it is simply a mortgage (usually a second mortgage or a refinanced mortgage) that uses your home equity to pay off your debt. Most […]

Can you pay off a Home Equity Loan early?

 So, you’ve got a home equity loan that you’d like to pay off? When you originally got your home equity loan, it provided you with a lump sum of cash that you needed to start a business, complete a home renovation or consolidate debt. However now, it is an extra payment that you have to […]

Why you should Work a Mortgage Broker if you have Bad Credit?

There are a lot of professionals out there who can help people with Bad Credit, but one type of professional that is often overlooked is the Mortgage Broker. And that’s a shame, because there is a lot that Mortgage Brokers can do to help individuals who have less than perfect credit. For those looking to […]

Can you get a second mortgage with a different mortgage broker?

If you are in the market for a second mortgage and are not happy with your current mortgage lender or mortgage broker, you may be wondering whether you can switch and use a different mortgage broker or mortgage lender than you did for your first mortgage.   Well the answer is yes, and this is […]

How Rumy Gill Can Help You Get a Bad Credit Mortgage in Brampton?

If your credit is less than perfect, you are probably well-aware how difficult it can be to get a mortgage. What you might not be aware of however how Rumy Gill a Brampton Mortgage Broker can help you get a mortgage and finally become a homeowner – yes, even if you have bad credit.  As […]

What is the difference between renewing and refinancing a mortgage?

Most homeowners when they first sign on to a new mortgage don’t give a lot of thought to renewing or refinancing their mortgages. But eventually when their mortgage term is up (most mortgage terms in Canada are five years although they may also be longer or shorter), the time will come for them to renew. […]

Top 5 facts about working with a mortgage broker in Brampton

If you are looking to purchase a home in Brampton, one of the first decisions you will have to make is whether to work with a mortgage broker or whether to try and find a mortgage on your own. Here are the top five facts you need to know about working with a mortgage broker […]

What is the difference between a home equity loan and a second mortgage? 

  Home equity loans and second mortgages are both types of loans that use your home as collateral. As a result, many people are confused about the difference between the two and may even think they are the same thing. The truth is however, that they are two different types of loans and to understand […]