Karen Mckenzie, Your Kamloops Mortgage Broker

Karen Mckenzie, Your Kamloops Mortgage Broker Local Mortgage Broker specializing in Mortgage renewals and refinances. I love working with First Time Home Buyers, helping them navigate the market.

Indi Mortgage “The Independent Mortgage Company”
formerly Axiom Mortgage Solutions Welcome and thank you for visiting! Working with a mortgage broker is one of the best choices you can make if you are contemplating purchasing your first home, looking to renew or refinance your existing mortgage. A good credit score can mean huge savings. A mortgage broker can save you thousands in interest and pr

e-payment penalties over typical bank products. As a mortgage broker, who's services are almost always free to use, I can choose from over 60 lenders to find you that perfect mortgage. We can always get the best rate but the product and it's options and flexibility are very important too. Call today for a free no-obligation mortgage checkup! I am also happy to offer advice on how much you can qualify for or how refinancing might work for you. Home ownership is not just for those with perfect credit either, call today for a free credit score evaluation! About me

My family and I (including giant golden doodle Ozzy) moved to Kamloops in 2012 and we quickly fell in love with the area, people and the recreational opportunities that Kamloops has to offer. Having a passion for business and real estate, Mortgage Brokering was a natural fit. I love finding people a great rate on a mortgage that is just right for them.

250-318-8891

Dominion Lending Centres, Western Lending Source - Each office is independently owned and operated.

Are you worried that you might not get the most competitive rate at renewal? I'm happy to review the rate your bank is o...
10/23/2024

Are you worried that you might not get the most competitive rate at renewal? I'm happy to review the rate your bank is offering you, free of charge of obligation, so you can make sure your lender is offering you the best rate possible!
DM me today.

10/23/2024

The Bank of Canada dropped is prime lending rate to 3.75%. What does that mean for you? Is your new rate 3.75% if you are in a variable rate mortgage?

No 🙂 Lenders add 2.2% to the BOC rate, so the bank* prime lending rate is now 5.95% - down from 6.45%.
(*TD has a .15% higher prime than any other banks, so their prime rate is 6.10%)

In a variable rate mortgage your discount off of prime determines the rate you pay. For example if your discount is -.60 your new rate is now 5.35%.
If you have a secured line of credit/heloc your rate is very likely now 6.45%.

What about fixed rates? The BOC only directly affects variable rate mortgages and lines of credit. But does indirectly affect the bond market and fixed rates should continue to come down.

Any questions? Send me a dm.

Hi there! We’d like to introduce you to Indi "The Independent Mortgage Company" (formerly Axiom Mortgage Solutions)! Why...
04/24/2024

Hi there! We’d like to introduce you to Indi "The Independent Mortgage Company" (formerly Axiom Mortgage Solutions)! Why the change?

It was time to launch a new brand identity - one more in line with who we are, what we value, and where we’re headed. This new and differentiated brand identity comes complete with new a new name, logo, symbol, and font(s). It is professional, modern, and fun! And is a better representation of our value proposition: “To provide independent unbiased mortgage advice/financing options to Canadian consumers through our team of trusted, expert, and licensed mortgage professionals. Experts who value the distinctive needs/goals of each client - resulting in tailored financing solutions best suited to meet those needs.”

We will continue to provide the same great service and mortgage options you have come to expect under our new and exciting name!

10 years! Time has gone so fast but I'm so grateful to have been in this competitive industry for 10 years. I've had ama...
01/16/2024

10 years! Time has gone so fast but I'm so grateful to have been in this competitive industry for 10 years. I've had amazing mentors and the BEST clients. I look forward to the next 10.

I believe every renewal deserves the attention and care of your very first mortgage experience.In the current interest r...
01/16/2024

I believe every renewal deserves the attention and care of your very first mortgage experience.

In the current interest rate environment, managing your cashflow is a huge concern. Whether you're considering sticking with your current lender or exploring new possibilities, I'm here to guide you through the process with a complimentary mortgage consultation! Renewals are my specialty and I'm ready to help you find the mortgage to fit your needs and help you achieve your financial goals.

Your home is your biggest investment, and I want to ensure you make the best decisions for your financial future. Let's make your next mortgage term even better than the first!

Contact me today to discover your options .

As we step into the new year, it's the perfect time to chat about your goals for the upcoming months.If getting a new ho...
01/16/2024

As we step into the new year, it's the perfect time to chat about your goals for the upcoming months.

If getting a new home is on your wish list, I'm here to make it happen! Let's kick things off with a pre-approval to make sure you’re on the right track. We'll dive into the mortgage process and discuss options, rates, and everything else to provide you with the mortgage right for you!

We’re ready when you are - reach out today!

Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and li...
10/18/2023

Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and lifestyle. You have no desire to keep two properties, so selling your existing home and moving into something new (to you) is the best idea.
Ideally, when planning out how that looks, most people want to take possession of the new house before moving out of the old one.

But what if you need the money from the sale of your existing home to come up with the downpayment for your next home? This situation is where bridge financing comes in.

Bridge financing allows you to bridge the financial gap between the firm sale of your current home and the purchase of your new home. Bridge financing allows you to access some of the equity in your existing property and use it for the downpayment on the property you are buying.
So now let’s also say that it’s a very competitive housing market where you’re looking to buy. Chances are you’ll want to make the best offer you can and include a significant deposit. If you don’t have immediate access to the cash in your bank account, but you do have equity in your home, a deposit loan allows you to make a very strong offer when negotiating the terms of purchasing your new home.
If you don’t have a firm sale on your home, you won’t get the bridge financing or deposit loan because there is no concrete way for a lender to calculate how much equity you have available.

If you're going through a divorce or separation there are special programs that allow you to keep the matrimonial home. ...
10/12/2023

If you're going through a divorce or separation there are special programs that allow you to keep the matrimonial home. Please connect directly; it would be a pleasure to work with you. Or you can check out the link below to learn more.
www.karenmckenzie.ca/divorce

Sometimes life throws you a financial curveball. Bankruptcy and consumer proposals happen. It doesn’t mean your life is ...
10/11/2023

Sometimes life throws you a financial curveball. Bankruptcy and consumer proposals happen. It doesn’t mean your life is over, and it doesn’t mean you won’t ever qualify for a mortgage again.
The key to financial success here is getting things under control as quickly as possible. You must demonstrate to the potential lenders that what happened in the past won’t happen again in the future.
So if you’re thinking about getting a mortgage post-bankruptcy, lenders will want answers to the following questions:
1. How long have you been discharged?
2. Have you established new credit?
3. How much do you have available for a downpayment?
4. What is your total debt service ratio?
As independent mortgage professionals, our job is to provide solutions and strategies for our clients. As such, in addition to dealing with many traditional lending institutions, we also have access to lenders who specialize in working with clients whose financial situation isn't all that straightforward. These private lenders offer alternative lending solutions that consider the overall strength of your mortgage application.

So whether you’re looking for a plan to help you qualify for a mortgage with the most favourable terms or if you need something more immediate, get in touch anytime, or visit my website to learn more.
www.karenmckenzie.ca

If you are an existing homeowner, looking to buy your next home, you've got a lot of options. Please connect directly, i...
10/05/2023

If you are an existing homeowner, looking to buy your next home, you've got a lot of options. Please connect directly, it would be a pleasure to work with you or check out the link below to learn more.
www.karenmckenzie.ca/next-home

Address

Kamloops, BC
V1S1E4

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 8pm
Sunday 9am - 8pm

Telephone

+12503188891

Website

Alerts

Be the first to know and let us send you an email when Karen Mckenzie, Your Kamloops Mortgage Broker posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Karen Mckenzie, Your Kamloops Mortgage Broker:

Shortcuts

Share

Category