The BLUE Mortgage’s easy to use app allows Canadians to make smart decisions about their Mortgage financing while they shop for their next mortgage. During the last 9 years of my carrier as a Mortgage Professional, I had been facing the following issues:
- To offer/terminate any Special Rate or Program, I had to email those to my clients
- To calculate the Affordability for clients whose Credit were Good, I had to do that myself as all of the online calculators were set based on the credit score of less than 680
- As most of the Major Banks calculate the Rental Suite’s Income in a different way than what some of our Mono-line Lenders do, almost all of the purchasers were not aware how much the rental suite’s income can increase their affordability.
To avoid the above issues I decided to create this App which allows you to check out our Daily Special Rates & Programs anytime you need and also allows you to calculate and consider the following items:
- Canadian Mortgage Payments (variable or fixed)
- Various Payment Frequencies including Monthly, Bi-weekly & Bi-weekly accelerated
- Estimated Maximum Affordability (future update)
- Provincial Property Transfer Taxes
- First Time Home Buyers’ rebates
- Share your Calculations via Email
