Profile

Al Manji The 6ix Mortgage Group has experience in the financial industry spans 15 years. Through having his mutual fund licence and working with the city’s key institutions, including BMO, TD, CIBC and TD, Al Manji The 6ix Mortgage Group has fine-tuned a truly client-centric focus when it comes to real estate financing. He has the unique ability to connect with clients over the phone and in person, and has helped many first-time home buyers and investors successfully get their foot in the market. Connect with Al Manji The 6ix Mortgage Group today!

Looking to purchase your first home in Ontario?

At the Mortgage Architects, we will be with you every step of the way. We’ll make sure that you understand your options, the first time home-buying process and when to engage the other professionals who make up your home-buying team.

What You need to consider?

Affordability

At the Mortgage Architects we start with preparing a customized financial blueprint for you during your first time home buyer journey. This highly customized plan covers your budgeting, lifestyle and property needs. Our goal is to ensure your mortgage payments will not add undue stress to your budget.

Closing costs

There are costs associated with closing a home. From legal fees to land transfer tax. We ensure you are fully prepared for every type of expense you may encounter.

Fixed versus variable interest rate

Mortgage payments reduce the interest owing on your loan while they reduce the principal amount that you owe. In the first term of your first mortgage, most of your payment will be allocated to interest charges. By your final term, the opposite will happen.

With a fixed-rate mortgage, your interest rate will not change throughout the term of your mortgage.

With a variable rate** mortgage, your payment amount stays fixed for the term; however, the interest rate will fluctuate with any changes in our prime interest rate.

Get pre-approved and shop with an advantage

A no-cost, no-obligation pre-approval gives you several advantages in today’s competitive housing market.

When you get a first time home buyer Mortgage Pre-approval, you’ll know exactly how much you can afford to spend on your first home. This empowers you to negotiate from a position of strength, knowing that financing will not be an issue when your offer is accepted.

If you would like to connect with my preferred lender, click here for more information. Follow me on Facebook.