Residential Mortgages

Your Boutique firm, that delivers the power of the big banks

First Avenue Financial is an award-wining Canadian owned mortgage brokerage & financial firm that has helped out tens of thousands of homeowners meet their financial needs. At FAF, we are committed to the success of our clients. Our culture is one of collaboration and sharing of information and resources to ensure that we have the means to provide our clients with a customized solution that meets their individual circumstances, financial goals, and long-term strategies. Our collaborative nature is what makes our company stand out in the industry.

With over 20+ years of experience in mortgages, First Avenue Financial brings you the best expertise to make sure your dream home becomes a reality.

Saving You Money & Time

While every mortgage situation is different, we aim to simplify the process by doing as much of the work for you that we can. This is at NO cost to you.

As licensed mortgage brokers, we are paid by the banking institution that offers you a mortgage. This is while still getting you a better rate than you can get for yourself. We call this a win-win-win situation that is not at all too good to be true.

Our Typical Mortgage Process:

  1. Phone or online application
  2. We call you to discuss your financial picture & goals
  3. Review your best options & negotiate rates on your behalf.
  4. We receive mortgage commitment and review with you
  5. With your pre-approval you get to go shop for your new home!
  6. With your realtors help you submit on offer to purchase.
  7. The approved offer is sent to us to review.
  8. 1st time home buyer: we submit your offer to CMHC for approval
  9. Bank provides approval to us
  10. The bank may have outstanding conditions. We go over these left over items to be provided to us
  11. Congratulations! Conditions are met and waived. You are a home owner
  12. Final Documents: Sent by the bank to your lawyer for signing.
  13. You now own your new home at the lowest rate available.

Why Use a Mortgage Broker?

More Options

With a network of major lenders and products to choose from, we can source your ideal mortgage options from the banks, credit unions, non-traditional lenders, and more. Taking the time to find the best option for your unique needs is a basic role as a mortgage broker

Negotiating on Your Behalf

Negotiating can be stressful. We act in your interests and do all the negotiating to secure competitive rates and terms that make sense for you. We have negotiating power because we fund millions of dollars in mortgages and lenders compete for our business. To you, that means more negotiating power to get you the best rates and terms for your needs.

No Cost to You

We are paid by the lending institution in the vast majority of cases – this means there’s no cost to you and no surprises. Essentially you get to use all our knowledge, expertise, and connections within the industry to secure the best mortgage for your needs, for free.

Expertise

We are specialists providing expert advice and guidance on mortgage products, interest rates, and current housing market conditions. We help choose the right mortgage product for you and assist you by creating a strategy for your specific situation and needs.

Fast and Efficient

From the initial assessment of your unique situation right through the closing process, transactions move quickly when working with us. We do the research and shopping for you so there’s no need for you to waste time organizing appointments with competing mortgage lenders when you could be house-hunting!

Ongoing Support

Even after your successful mortgage transaction, we are a great resource for advice, queries, or future needs. Our focus is to build a lifetime partnership with you and your family.

Access to Special Deals & Add-ons

Many financial institutions offer incentives including retail points programs or appliance discounts. Sometimes, we can tap into those perks and savings and pass them along to you and your family.

Regulated

The mortgage broker industry is highly regulated through federal and provincial regulators to protect you, your family, and your future.

Ready for a Better Experience?

 

 

 

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First Avenue Financial – Okotoks
205 – 15 McRae Street, PO Box 1483
Okotoks, Alberta T1S 1B4

Office: 403-938-6888
Toll Free Fax: 1-877-758-1206

First Avenue Financial - Calgary
208 - 40 Sunpark Plaza SE
Calgary, Alberta T2X 3X7

Office: 403-938-6888
Toll Free Fax: 1-877-758-1206