Let's chat: 709-632-0560
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TMG The Mortgage Group Atlantic Inc.
Jennifer Park - Mortgage Broker
Corner Brook, NL ~ 709-632-0560
As your personal mortgage broker, I am here to ensure that your mortgage experience is simple and hassle free. Looking to Buy a new home? Mortgage up for Renewal? Refinancing to renovate, invest or pay bills? Leave it to me - I'll do the work!! Visit my office in Corner Brook or I can come to you - evenings and weekends included!
  • Mortgage Expertise
    As your mortgage broker, 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, a mortgage broker 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 as your mortgage broker 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 - The Mortgage Group does millions of dollars of transactions yearly with a wide variety of lending institutions so we have strong lender relationships. As your mortgage broker, 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, as your mortgage broker, I can ensure that the mortgage you have helps achieve these financial goals.
Think Outside the Branch for Your Mortgage
New Home Purchase
As your personal Mortgage Broker, I will take care of all the details and be sure to find the right mortgage for you and your needs.
Renewal
Mortgage Brokers take the work out of renewing your mortgage. I will shop for the best terms and rates and make the renewal process simple for you.
Refinancing
Sometimes, refinancing is your best option for a variety of reasons such as renovations, investments and consolidating debt. Let me review your options and do the 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.
Types of Mortgages

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.

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.

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.

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.

Mortgage Rates as of Today
As your Mortgage Broker, I work with a wide variety of lenders and 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 determine your mortgage payments
My Mortgage Blog — Latest Posts
Canadian Housing Affordability Improves – Really! Here’s Why
Housing affordability has been big talk in the country for a few years now. We’ve had rising interest rates and rising house prices, to a point where government felt it had to intervene to mitigate...
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Buy a House Now or Wait?
There are a lot of questions surrounding affordability in the housing market. There is some uncertainly as to whether the housing market will continue to slow down, with prices starting to decline in...
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Yes, you can be a homeowner
The news is full of negatives about housing market slowdowns, mortgage stress tests that shut millennials out of homeownership, low inventory, a slowing economy – it goes on. Although it may seem...
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Anatomy of mortgage changes
There is little doubt that housing sales have slowed down in the past year, due in large part to stricter mortgage regulations. Part of those regulations is a mortgage stress test that requires...
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View More
Contact me! Let's get started today!

Get in touch with me today for your free consultation!

As your personal Mortgage Broker, I am there to help in many ways; from your first mortgage to your mortgage renewal. If you're looking to refinance your current home or purchase an investment property or vacation home - I can guide you along the way. Mortgage Broker = Peace of Mind!