Rosehill Mortgages
Contact Us
Are you ready to start applying for a mortgage or have questions about your finances? Feel free to reach out!
Contact Form
After filling out the contact form, we anticipate responding to your message within 1-2 business days. Alternatively, you can contact us directly by email or phone.
Direct Contact Information
Roza Rodrigues
Mortgage Broker License #M22001354
Phone
(647) 273-8557
roza@rosehillmortgages.ca
For collaboration, marketing and other related inquiries:
care@rosehillmortgages.ca
Frequently Asked Questions
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You need a minimum of 5% down on a purchase price up to 500k, minimum of 10% down on any purchase price over 500k to 1 million, and a minimum of 20% on prices over 1 million.
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Firstly, we will review what you initially have saved and available for the down payment, then we will discuss and guide you on what other options/resources you have for the rest of your down payment amount.
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Typically, lenders look at your total income, credit score/history, and current assists and liabilities.
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This is a golden question everyone asks. It is our responsibility to review your financial goals and guide you on the best option. Generally, a variable rate is ideal for someone who can manage more risk. A fixed rate is perfect for those seeking lower risk and a consistent monthly budget.
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We will review your credit score and guide you on ways to increase it to establish a better score. We will also look at different lenders who don’t focus as much on poor credit scores (that are being repaired) when qualifying you.
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A general rule of thumb is to have at least 1.5% of your purchase price set aside for all the closing costs such as land transfer taxes, lawyer fees, and if applicable, default insurance premium tax.
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Common fees include occupancy fees, moving expenses, home inspection costs, appraisal fees, title insurance, status certificate, mortgage discharge fee, and possibly a mortgage penalty depending when the term is ending.
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There is no cost for Rosehill’s services as mortgage agents are compensated directly by the majority of lenders. Fees are only applicable if we are looking into any alternative, non-conventional lenders.
