Your Halifax Mortgage Broker, Alex Lavender
Quickly get approved for your mortgage from the comfort of your own home. We search through multiple lenders to ensure you get the best interest rate for your mortgage.
GET STARTED WITH YOUR MORTGAGE
All credit scores accepted
Min $200,000 house purchase
Refinance up to 80% of house value
Current Mortgage Rates
5 Year
Fixed
4.34%
3 Year
Fixed
4.04%
5 Year
Fixed Special
3.99%
5 Year
Variable
4.45%
5 Year
Variable Special
4.10%
*Rates are updated every week. Rates may vary, and be subject to additional qualify criteria to obtain top rates.
Alex Lavender
Meet Your Local Mortgage Broker
Alex Lavender is an Accredited Mortgage Professional (AMP) and the author of “Mortgages For Millennials” and provides mortgage broker services in Halifax.
He takes pride in helping Nova Scotians purchase their first homes, refinance their current homes, or obtain a loan when no other options are available.
Alex listens to your situation and uses the necessary information to provide you with a variety of options from different lenders, including the big banks.
Mortgage Types For Nova Scotians
Fixed Mortgage
A fixed mortgage provides you the security of locking in an interest rate for the term of your loan. You will 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, and most offer additional payments to pay down the principle.
Variable Mortgage
A variable rate mortgage allows you to take advantage of the current low interest rates. Most variable loans are below prime and can range from 1 – 5 years.
However the interest rate will fluctuate as the bank of Canada’s prime rate changes.
Open Mortgage
An open term mortgage allows you the flexibility to pay off a portion or the full principle amount at any time. Interest rates are usually higher for open mortgages and are tied to the bank’s prime rate.
There are no penalties for paying off the full outstanding amount with this type.
Download Your Free Copy Of Mortgages For Millennials
Best selling author, and mortgage broker; Alex Lavender wrote Mortgages For Millennials for 1 simple reason. To help Millennials understand everything about getting a mortgage in Canada. Now Alex is giving his book away for free!
It’s the quick and dirty way for you to learn everything there is – without the hassle of spending hours going down the wrong rabbit holes online.
Download NowWhat You SHould Know
Commonly Asked Questions
Why should you use a broker instead of a bank?
Mortgage brokers are extremely common among first time home buyers. They work with many lenders including major banks, small lenders and private lenders. Which means they have access to better rates, and more variety of mortgage types.
What exactly does a mortgage broker do?
Brokers act as a resourceful intermediary on behalf of individuals. They will research and present to you a variety of different mortgages. From big banks to private lenders, which will let you compare the best rates that you can get.
What should you look for in a mortgage broker?
You should look for and get to know the average time to closing, third party fees and lender fees, and the cost or timeline to lock in your mortgage rate. We highly recommend reaching out and talking to someone before you commit. That way you can learn more about their services and give you a good idea if you want to work with them.
Why Use A Mortgage Broker?
Alex Lavender grew up in a small town of 700 people. He has first hand experience witnessing the positive power of what community can do for individuals. Alex brings that small-town sense of community to Halifax and Dartmouth.
Helping thousands of Nova Scotians buy their first house, refinance, get pre-approvals, and compare rates. Using a broker allows you to compare and contrast rates from a variety of lenders. Get the best rate today! Start with 1 easy application.
Start Your ApplicationPros & Cons Of Using A Broker
Mortgages are a major financial decision and it should not be taken lightly. While searching for the lowest rates may save you thousands of dollars, it’s important that you understand what you’re getting into. That’s why talking to a mortgage expert is a great place to start. Here are some of the pros and cons to help you understand the impact:
Pros
- Easy to use, brokers are a one stop shop.
- Free! We’re paid by lenders, not you.
- Better rates, we have access to some of the lowest rates.
- Expert advice, we live and breath mortgages and even wrote a book about it!
- Independent and friendly advice. We want you to get the best rate possible for your situation.
Cons
- Unfamiliar working with someone you just met.
- No access to some lenders. While there are a variety of options we do not provide all the options out there.
- More documents may be needed.
Mortgages Explained – Latest Posts
Alex Lavender helps Nova Scotians get the best mortgages for your dream home. Whether you need a self employed mortgage or are looking to do construction with a mortgage plus improvements program, Alex can help. Or if you’re just looking for more information on mortgages checkout these blog posts for helpful tips. Alex is one of Halifax and Dartmouth’s top rated mortgage brokers. Known for his kindness and flexibility he provides you with all the info you need to get the best rates!
Debt Consolidation Using a Mortgage: A Guide for Existing Homeowners
Debt can feel overwhelming, especially when you’re juggling multiple payments …
Variable vs. Adjustable-Rate Mortgages (ARM): Understanding the Difference
A Guide to The First-Time Home Buyer Programs in Nova Scotia
A Quick Guide to The First-Time Home Buyer Programs in Nova Scotia
How to Get a Mortgage for Renovations as an Existing Homeowner
How to Get a Mortgage Using a Gifted Down Payment
