A bit about me
A conscious entrepreneur on a journey of real estate, finance & personal growth. I offer quality options leading to a solution
Believe
In The Power of Yes
Numbers
Speak The Truth
Integrity
I stay true to my words. Being reliable and trustworthy is critical
Solution Focused
I focus on providing you options that lead to a satisfactory result.
Communication
I ensure a clear communication between myself and you.
Why work with Faizal?
My approach is different. I strive to get you the best at a low cost
Proactive
As a consumer with a lot on their plate, I proactively reach out to you to work on the problem you face today.
Consistent
Consistency is the key to success. I pride myself at being consistent in producing results
Expert
I offer excellence by constantly improving. My goal is to provide you with high-quality output.
Helpful Businesses
Whatever challenges you have, I have the right solutions that will help you get closer to your goal.
Numbers Speak The Truth
Breakthrough of achievements through the years.
0
+
Happy Clients
0
+
Years of Experience
0
+
Solutions Delivered
0
+
Team Members
I am grateful for the heart warming messages
In a truly insane process, Faizal was the most helpful person a first time homebuyer could have hoped for. My experience working with Faizal was a pleasure as he helped me with securing a loan for my first home. From our very first conversation, he explained each and every option that was available to me and was very honest with me throughout the process. As a first time home buyer, I had a lot of questions throughout the process and Faizal replied all of my numerous emails and calls even after hours. And his explanations were always thorough and clear. Faizal extended his expertise beyond the scope of the business deal and I look forward to contacting him again for my next home purchase.
Oyedokun Adeoye
Client
I stumbled upon Faizal at Dominion Lending Centre through a Google search, and little did I know that the search results would forever change my life. My family and I have had the pleasure of working with Faizal Garasia as our Mortgage Agent. If it wasn’t for Faizal we would never be able to secure a mortgage in the craziest market Canada has every seen. Not only did he make the impossible possible, but he gave us the best rates in the market! He is kind and truly cares for his clients! If I could give him 20 stars I would. I highly recommend his services because not only does he get the job done, but he makes sure he explains and kept us informed throughout the entire process. He helped us get our first home in May 2022, and he can help you too. I would absolutely use him again in the future. Thank you Faizal!
Thaicka Jean-Francois
Client
We recently just got our first mortgage on our first new home. My boss referred us to Faizal as she dealt with him and the team before and said he was excellent. Faizal was there every step of the way. He answered all of our questions as we were first time home buyers and needed guidance on some specific things. We are happy that we used Faizal and would use the company again in a blink of an eye.
Tony Guadagnolo
Client
This is our second time working with Faizal and his team – and again, we are immensely pleased! Faizal is professional, responsive, informed and offers great advice and information. He’s diligent in his work and always presents all the available options to help us make the best decision. Thanks once more Faizal! We highly recommend Faizal and his team for your next mortgage!
Tanika Baker
Client
My Partners
I have the right professionals in my team who will work closely with you.
Professionals I work with to bring the best solution to every situation.
Realtors
Mortgage Brokers
Certified Financial Planners
Life Coaches
Tax Experts
Credit Repair Specialists
Insurance Brokers
I offer enhancement regarding your mortgages, real estate investing, leasing or financing, and other credit repair services. I am a mortgage agent and, at the same time, a credit repair agent. Thus, it is evident that I can confidently execute any issues you are facing right now.
I can give you access to different options that may work best to your liking! Bank application is a complex and time-consuming process. Why search one by one when you can apply to all of them in just one application? To best suit your financial needs, mortgage brokers, like myself, are searching the market. Remember: we don’t work for lenders. We work for you!
Depending on the lender, a pre-approval can mean nothing. However, a good broker can immediately inform you whether you will be approved. A mortgage broker should be able to know how an application will be considered by an underwriter.
Nobody usually has the money to buy a house outright, so the first step is getting a bank loan. However, any bank rarely gives you a loan unless you have some money to contribute. A down payment will be made to the seller whenever you secure a house. This is deducted from the home’s purchase price, and the bank should cover anything left over.
The minimum amount to be applied to a down payment is 5%. However, you must also demonstrate that you can cover the closing costs (usually 1.5% -3% of the purchase price). If you can afford to spend more without straining your wallet, we recommend you put a down payment. Not only will it take less time for you to pay off your mortgage, but you will also possibly get a lower rate. Homebuyers who deposit more than 20 % down payment are not required to be insured by CMHC. You can also have a more extended period of amortization which means more time to pay off your loan.
People often think their mortgage application process ends with a bank denial. However, this is where you see the advantages of hiring a mortgage broker: if one lender denies you, there is a long line of other lenders waiting to review your application! We do our best to accomplish the financial goals of every client.
If you are dismissed from bankruptcy, there are ways to still get a mortgage loan. Your loan will probably be subjected to more stringent conditions, but it is still possible to obtain a mortgage.
Some of them may not be billed every month, like taxes, so do the calculations to divide them into monthly costs. Below is a list of these significant expenses. Remember that these expenses are also calculated when considering your mortgage loan to see if you can afford these monthly payments without financially straining yourself.
If your transaction is due to close in the middle of the month, but your regular mortgage payments are set for the month’s beginning, your first mortgage payment may be delayed for several weeks. Let’s say the 15th of the month is the closing; therefore, IAD will be collected at the time of closing along with your downpayment.