Guiding you home in Coquitlam.
I help families and first-time buyers in Coquitlam find the right home financing. Working with me is a clear, supportive experience with honest guidance at every step.
Send your documents securely
What brings you here?
Choose your situation
-
Buying your first home
I will walk you through the down payment rules and help you understand your budget. Together, we will make your first home purchase clear and manageable.
-
Moving to your next home
If you need more space, I will help you look at how much you can borrow. We will review your options so you can transition to your new home with confidence.
-
Renewing your mortgage
When your current term ends, I can help you review what other lenders offer. We will compare options together to find the right fit for your family's budget.
-
Refinancing your home
Whether you want to fund a renovation or manage your monthly bills, I will help you look at your home's value. We will explore how to access your equity safely.
I live in Coquitlam and guide my neighbours toward home ownership with honest, clear support.
I work closely with you to make your home financing clear, offering honest guidance and warm support at every step.
For ten years, I have helped families and first-time buyers in Coquitlam navigate their home financing. I support local neighbours, including Farsi-speaking clients, to find mortgage options that fit their lives. Working with me means you get clear, honest guidance at every step of the way.
- Title
- Mortgage Broker
- Brokerage
- Teck Resources Limited
- 10
- Years in Coquitlam
- Source: Broker’s own record
- 200
- First homes financed
- Source: Broker’s own records
- 300
- Families helped
- Source: Broker’s own records
Calculator
What would the payment be?
Indicative, not a lender decision or a pre-approval. Fixed rate, compounded semi-annually; mortgage insurance and taxes not included.
An example rate. Enter the one you’ve been quoted.
Estimated monthly payment
$2,888
Mortgage amount $512,000
Which kind of mortgage fits you?
Choose a type to see how it behaves. Your broker will compare real offers for your situation.
The rate and the payment stay the same for the whole term.
- Your payment
- Stays the same for the term, often five years.
- If rates change
- Nothing changes until renewal.
- Breaking early
- The penalty is usually the greater of three months’ interest or an interest rate differential, which can be large.
- Suits you if
- You want a predictable budget and expect to keep the mortgage for the term.
The rate moves with the lender’s prime rate; the payment often stays the same.
- Your payment
- Usually fixed; more or less of it goes to principal as prime moves.
- If rates change
- Rising rates mean slower repayment, and payments can be reset if rates rise far enough.
- Breaking early
- The penalty is usually three months’ interest.
- Suits you if
- You can live with change, or may sell or refinance before the term ends.
Like variable, but the payment itself changes whenever prime changes.
- Your payment
- Goes up or down with the prime rate.
- If rates change
- You feel it in your next payment; your repayment schedule stays on track.
- Breaking early
- The penalty is usually three months’ interest.
- Suits you if
- Your budget has room to absorb payment changes.
A credit line secured by your home that you draw on and repay as you need.
- Your payment
- Can be interest only on what you have used.
- How much
- In Canada the revolving part is limited to 65% of the home’s value, and 80% together with a mortgage.
- The rate
- Usually prime plus a margin, so it moves with prime.
- Suits you if
- You want flexible access for renovations or investments and a plan to repay.
An open mortgage can be paid off anytime; a closed one costs less but limits prepayment.
- Open
- Repay any amount at any time without a penalty, at a higher rate.
- Closed
- A lower rate, with yearly prepayment limits set by the lender and a penalty to break.
- Often used
- Open for a short time before a sale or a lump sum; closed for most homeowners.
- Suits you if
- You know exactly when you will pay a large amount down.
General information, not advice. Terms differ between lenders.
Questions clients ask
When should I start the mortgage process?
It is best to reach out before you start looking at homes in Coquitlam. We can discuss your budget and gather your initial documents. This helps you understand what you can comfortably afford so you can search for a home with confidence.
What documents do I need to prepare?
You will typically need proof of your income, such as employment letters and recent pay stubs, along with bank statements showing your down payment. I will provide a clear list of what we need based on your unique situation.
How long does the approval process take?
The timeline can vary depending on the lender and your situation, but it usually takes a few business days once we submit your application. I will keep you updated at every step and work to help you meet your key dates.
Send your documents securely
Upload everything from your phone or computer. It goes straight to Milad’s secure document storage in Canada, with a checklist made for your situation.
- Tell us a little about you and your plans
- See exactly which documents your situation needs
- Upload them, and you’re done
- No account to create
- Works on your phone
- Stored in Canada
Let's find your way home together.
During our first call, we will discuss your home goals and I will answer your questions about how mortgage financing works.
- Phone
- 778-233-0209
- miladmyled@gmail.com
