Turning Point Financial

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Turning Point Financial We are a team of committed mortgage professionals with specialties in residential, commercial, and private mortgage lending.

Whether you’re buying your first home, facing a big decision, or feeling overwhelmed financially; we’ll bring clarity to your situation and help navigate you towards happiness, personal freedom, and financial security. Contact us to day for assistance with all your real estate financing needs.

📊 Your credit score is one of the most influential numbers in your mortgage application.🔴 BELOW 600: Very limited option...
10/14/2026

📊 Your credit score is one of the most influential numbers in your mortgage application.

🔴 BELOW 600: Very limited options. Most institutional lenders won't approve.
🟡 600 TO 659: Some lenders will work with you, but expect a higher rate.
🟠 660 TO 719: Standard rates available from most lenders. This is where the market opens up.
🟢 720 TO 759: Very good. Competitive rates from a wide range of lenders.
🏆 760 AND ABOVE: Best available rates. Lenders compete for your business.

💡 HOW TO IMPROVE BEFORE APPLYING:
Pay every bill on time — payment history is approximately 35% of your score
Keep credit card balances below 30% of your limit
Don't apply for new credit in the 6 months before your mortgage application
Keep older accounts open — credit history length matters
Check both Equifax and TransUnion for errors

And if your score isn't where you want it to be? We help clients build a plan to get it there.

Contact us at turningpointfinancial.ca or send us a DM.
https://www.turningpointfinancial.ca/

🎉 This moment. This is why we do what we do.Every application, every lender call, every condition satisfied — it all lea...
10/08/2026

🎉 This moment. This is why we do what we do.

Every application, every lender call, every condition satisfied — it all leads to this.

Our team has helped thousands of Canadian families reach their front door moment. And every single one still gives us the same feeling.

Contact us at turningpointfinancial.ca or send us a DM — we'd love to be part of your story.
https://www.turningpointfinancial.ca/

💳 High-interest debt is one of the most common financial stressors we help clients address — and for homeowners with equ...
10/07/2026

💳 High-interest debt is one of the most common financial stressors we help clients address — and for homeowners with equity, the solution is often sitting right in their mortgage.

THE NUMBERS THAT GET PEOPLE'S ATTENTION:
Credit card rates in Canada: typically 19 to 22% annually.

Example:
$45,000 in credit card debt at 20% = $9,000 per year in interest
$45,000 rolled into your mortgage at 5.5% = $2,475 per year in interest
Potential annual saving: approximately $6,525

⚠️ THE NUANCE WE ALWAYS EXPLAIN:
Rolling short-term debt into a long-term mortgage means paying it off over a longer period. We always run the total cost analysis — not just the monthly relief. Break penalties on your existing mortgage also factor in.

And the one thing we ask every client who goes this route: what's the plan to make sure we're not consolidating the same debt again in two years?

This is a strategy conversation, not a product sale.

Contact us at turningpointfinancial.ca or send us a DM — let's run the real numbers for your situation.
https://www.turningpointfinancial.ca/

☕ A Red Deer fall morning. The right kind of quiet.This time of year, a lot of our clients are thinking about what comes...
10/01/2026

☕ A Red Deer fall morning. The right kind of quiet.

This time of year, a lot of our clients are thinking about what comes next — a renewal coming up, a refinancing conversation to have, or a purchase they've been planning for spring.

The best mortgage outcomes start with a conversation well before you need to act.

Contact us at turningpointfinancial.ca or send us a DM.
https://www.turningpointfinancial.ca/

🔄 Your renewal notice arrives. One page. Sign here. Send it back.Please don't. At least not until you've had a conversat...
09/30/2026

🔄 Your renewal notice arrives. One page. Sign here. Send it back.

Please don't. At least not until you've had a conversation with us.

Your lender's renewal offer is almost never their best rate. It's a starting point designed for clients who won't push back.

HERE'S WHAT A SMART RENEWAL LOOKS LIKE:

⏰ START 120 DAYS EARLY: Most lenders allow you to lock in a new rate up to 120 days before your term expires.

📊 COMPARE THE FULL MARKET: We compare what every lender is offering — not just your existing lender.

📝 NEGOTIATE: There's almost always room to improve on the initial offer. A 0.25% improvement on a $400,000 mortgage saves $1,000 per year — $5,000 over a 5-year term.

💰 THINK BEYOND THE RATE: Is now the right time to refinance? Access equity? Change your amortization? Consolidate debts?

We review every renewal against the full market for our clients — at no cost to them.

Contact us at turningpointfinancial.ca or send us a DM — let's review your renewal before you sign anything.
https://www.turningpointfinancial.ca/

09/26/2026

💼 Self-employed in Central Alberta? You can absolutely qualify for a mortgage. But the process looks different — and having the right team in your corner makes all the difference.

THE CORE CHALLENGE:
Banks assess self-employed income using your Notice of Assessment — the number after all your business deductions. For many entrepreneurs, that number significantly understates what you actually earn.

WHAT'S ACTUALLY AVAILABLE:
✅ Traditional qualification using your NOA income — if the numbers support it
✅ Stated income programs — declared business income supported by bank statements
✅ Alternative lender programs with more flexible income assessment approaches
✅ Strong down payment strategies that work alongside your income picture

TWO YEARS OF SELF-EMPLOYMENT is what most lenders want to see. Good credit and a meaningful down payment help significantly.

OUR APPROACH:
We've worked with self-employed clients throughout Central Alberta for decades — contractors, trades, small business owners, consultants, professionals. We know how to present a self-employed file to the right lender.

Contact us at turningpointfinancial.ca or send us a DM — let's review your situation.
https://www.turningpointfinancial.ca/

💻 Red Deer's business community. Entrepreneurs, contractors, trades, and professionals building something on their own t...
09/24/2026

💻 Red Deer's business community. Entrepreneurs, contractors, trades, and professionals building something on their own terms.

Self-employed mortgages are something our team works with regularly. If you've been told qualifying is complicated, let's have an honest conversation about what's actually possible.

Contact us at turningpointfinancial.ca or send us a DM.
https://www.turningpointfinancial.ca/

🍂 Fall in Red Deer. The leaves turning on the residential streets, the city settling into its favourite season.This is t...
09/17/2026

🍂 Fall in Red Deer. The leaves turning on the residential streets, the city settling into its favourite season.

This is the time of year when the real estate market tends to see another wave of activity before winter — and when prepared buyers make their move.

Contact us at turningpointfinancial.ca or send us a DM.
https://www.turningpointfinancial.ca/

🚪 A bank's "no" is not a final answer. It's information about what that particular institution's product set can accommo...
09/16/2026

🚪 A bank's "no" is not a final answer. It's information about what that particular institution's product set can accommodate — which is a narrow slice of what's actually available.

Our team lead Arlene has a saying: "It's just the difference between experience and inexperience."

We once had a client referred to us after being told by both their bank AND another mortgage broker that the property they wanted to purchase couldn't be financed. They were dejected and came to us skeptical.

After a deeper review of the client's finances and some minor restructuring, we got them into their home. The client called it "magic." It isn't magic. It's knowing where to look and having the relationships to get there.

HERE'S WHY DECLINES HAPPEN:
Credit score issue: Different lender tiers exist for different credit profiles.
Income documentation issue: Stated income programs and alternative documentation methods exist.
Property type issue: Specialist lenders handle properties that don't fit conventional guidelines.
Debt ratio issue: Sometimes minor restructuring changes the calculation entirely.

Contact us at turningpointfinancial.ca or send us a DM — if you've been told no, we'd love to take a look.
https://www.turningpointfinancial.ca/

Address

Red Deer, AB
T4P0M4

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm
Saturday 10am - 6pm
Sunday 8am - 3pm

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