Kraft Mortgages Canada Inc.

Kraft Mortgages Canada Inc. Mortgage Professional Kraft Mortgages offers one-stop convenience and impartial advice.

Different financial Institutions and Lenders offer a wide range of mortgage rates, terms, and conditions. By shopping wisely, We can find the mortgage that best suits your financial needs. As your Mortgage Professional, we will help you understand how different rates, terms, and conditions can affect the lifetime cost of your home, your monthly payments, and financial flexibility. By presenting yo

ur requirements to a variety of Canada's major Lenders, your mortgage can be secured at lower than advertised rates, usually within hours and most often free of charge.

Bank mortgage insurance protects THE BANK. Personal term life protects YOUR FAMILY. 🔒Side-by-side:🎁 Bank Insurance: Post...
08/26/2026

Bank mortgage insurance protects THE BANK. Personal term life protects YOUR FAMILY. 🔒

Side-by-side:

🎁 Bank Insurance: Post-claim underwriting (they check health AFTER you die) | Declining coverage | Bank is beneficiary | Not portable
🎁 Personal Term: Fully underwritten upfront | Level coverage | YOU choose beneficiary | Portable | Often CHEAPER

$500K mortgage, age 35:
Bank: ~$45/mo | Personal: ~$25–35/mo

Your family gets the money tax-free. The bank just gets paid.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



Your bank's "blended rate" on renewal costs more than breaking and requalifying. 💰Here's the math on a $600K mortgage:📈 ...
08/25/2026

Your bank's "blended rate" on renewal costs more than breaking and requalifying. 💰

Here's the math on a $600K mortgage:

📈 Current rate: 4.79% (2 years left)
📈 Market rate: 4.29%
📈 Bank blended offer: 4.59% (weighted average)

Blended = you pay 4.79% on the old balance + 4.29% on new money = 4.59% overall.

BUT: break penalty = 3 months interest (~$7,200). New mortgage at 4.29% saves ~$1,800/year.

Break-even: 4 years. You come out AHEAD by breaking.

Banks pitch blended as a favour. It's not.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



Rent-to-own sounds like the dream. Here's what the ads don't tell you. ⚠️⚠️ Purchase price locked at TODAY'S peak + prem...
08/24/2026

Rent-to-own sounds like the dream. Here's what the ads don't tell you. ⚠️

⚠️ Purchase price locked at TODAY'S peak + premium (often 5–10% above market)
⚠️ Option fee: 2–5% of price — NON-REFUNDABLE
⚠️ If you can't qualify at the end? You lose the fee + all rent credits
⚠️ Maintenance & repairs? Often YOUR responsibility

Some are fair. Most are predatory.

Before you sign: show us the contract. We'll tell you if it's a path to ownership or a trap.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



BC Assessment ≠ Market Value ≠ Appraised Value. Three different numbers. 📊Homeowners confuse these constantly:🏡 BC Asses...
08/22/2026

BC Assessment ≠ Market Value ≠ Appraised Value. Three different numbers. 📊

Homeowners confuse these constantly:

🏡 BC Assessment = mass appraisal for TAXES (often outdated)
📈 Market Value = what a buyer pays TODAY
📋 Appraised Value = what one appraiser says for the LENDER

Here's the kicker: renovations don't return dollar-for-dollar in an appraisal. A $50K kitchen might add $15K to appraised value.

The ONE thing that moves an appraisal: comparable sales within 90 days.

Refinancing? Don't guess the value. Ask us to pull the comps first.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



Client bought before selling. Closing in 9 days. Bank said "we can't help that fast." 🌉Real scenario:📍 $680K home under ...
08/21/2026

Client bought before selling. Closing in 9 days. Bank said "we can't help that fast." 🌉

Real scenario:
📍 $680K home under contract (not closed)
📍 Buying $1.1M new home
💸 Needed $420K for 6 weeks

Equity lender stepped in at 7.9% interest-only. Funded in 5 days. Closed on time. Old home sold, bridge paid off.

$420K bridged. Zero stress. Deal saved.

When your bank says slow, we say done.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



A second mortgage isn't a red flag. It's a tool. 🤫Most homeowners think second mortgages are for people in trouble. Real...
08/20/2026

A second mortgage isn't a red flag. It's a tool. 🤫

Most homeowners think second mortgages are for people in trouble. Reality: investors and business owners use them weekly to unlock capital at 75% of their home's value — without touching their first mortgage.

✅ Rates: 7–9% (vs 19.9% credit cards, 12%+ personal loans)
✅ No need to break your existing low-rate mortgage
✅ Interest-only options available
✅ Fast close: 2–3 weeks

When it makes sense, when it doesn't, and what it actually costs.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



Your approval isn't final until these 4 boxes are checked. ✅Getting approved is step one. Clearing conditions is where d...
08/14/2026

Your approval isn't final until these 4 boxes are checked. ✅

Getting approved is step one. Clearing conditions is where deals live or die.

The 4 conditions on every mortgage commitment:

1️⃣ Appraisal - property value must hold up
2️⃣ Employment verification - income confirmed
3️⃣ Down payment source - 90-day paper trail
4️⃣ Title search - clean, no liens or issues

We've seen deals die at condition clearance because the buyer's file wasn't organized. That's why we prep every file before it goes to the lender.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



It's not "foreclosure" in BC. And the clock moves faster than you think. ⏱️In BC, it's called Power of Sale. Here's what...
08/13/2026

It's not "foreclosure" in BC. And the clock moves faster than you think. ⏱️

In BC, it's called Power of Sale. Here's what most homeowners don't know:

⚠️ After 3 missed payments, the lender can start the process
⚠️ They sell YOUR property to recover the mortgage
⚠️ Any shortfall after sale? You still owe it
✅ But there IS a narrow window to refinance and keep your home

If you're behind on payments, do NOT wait. Every day matters.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



$2.4M warehouse. Surrey. Funded in 3 weeks. Banks said 8. 🏢Commercial deal we just closed:📍 Surrey, BC industrial wareho...
08/12/2026

$2.4M warehouse. Surrey. Funded in 3 weeks. Banks said 8. 🏢

Commercial deal we just closed:

📍 Surrey, BC industrial warehouse
💰 $2.4M purchase price
💸 75% LTV commercial mortgage
⏱️ 21 days application to funding

Two big banks quoted 8 weeks. Our commercial lender closed in 3. Same file. Same borrower. Different network.

This is what 50+ lender relationships gets you.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



He waived subjects. Financing fell through. Deposit gone: $40,000. ⚠️This happened last month in Surrey. Buyer went subj...
08/11/2026

He waived subjects. Financing fell through. Deposit gone: $40,000. ⚠️

This happened last month in Surrey. Buyer went subject-free to win the bid. Appraisal came in low. Bank pulled financing. No subject clause = no exit.

$40K deposit. Gone.

The 3 conditions you clear before EVER going in clean:
1️⃣ Financing condition (always)
2️⃣ Inspection (or waive only after reviewing one)
3️⃣ Title review

Subject-free isn't strategy. It's gambling.

📞 Varun: 604-727-1579 | Gursharan: 604-725-0134
📧 [email protected] | [email protected]
🌐 kraftmortgages.ca



Address

Surrey, BC
V3S3M1

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Kraft Mortgages Canada Inc. 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 Kraft Mortgages Canada Inc.:

Shortcuts

Share

Category