Mortgage Insurance

Whether you’re buying your dream home or consolidating your debts, chances are that you will need some sort of loan. A residential mortgage is a way to provide you the buyer, with the funds required to achieve that dream.

A lender funds you the money in exchange for a mortgage on the property. You as a borrower, promise to pay this money back to the lender together with interest, over a period of time, in regular monthly payments.

How can ace financial group help?

We take the time to analyse your needs and look at the whole picture to approve your mortgage. This includes all kind of situations that fall outside traditional lending categories which includes:

  • Have good, bad or bruised credit
  • Are past-bankrupt applicants
  • Have been rejected by the bank due to any reason
We may also be able to help you secure a mortgage even if you are :
  • Are self employed
  • Have no income verification
  • Need to consolidate your debts
  • New Immigrants
  • Need to Refinance your home
  • Financial distress situations
At Ace Financial Group we will:
  • Get you the most competitive rates
  • Offer you the widest choice of mortgage options including variable rate mortgages, fixed rate mortgages, HELOC, mortgages for the self-employed, etc
  • Deal with all of the major banks/financial institutions
  • Provide maximum flexibility in financing choices


Refinancing provides replacement of an existing debt obligation with a debt obligation under different terms for you.



A First mortgage is the first debt registered against a property that is secured by a first “charge” on the property. If a default on the mortgage occurs, the first lender has first right on the property to recover the outstanding principal and interest costs, and any other costs incurred during the process.



In most of the cases, you would look for a mortgage only once, to buy a house and hopefully pay down that mortgage over the lifetime of the mortgage. But it’s not the right approach and many individuals find themselves having to either re-negotiate a mortgage or take on a second mortgage to finance their home or business.



A Home Equity Line Of Credit (often called HELOC and pronounced HEE-lock) is a loan in which we agrees to lend a you maximum amount within an agreed period (called a term), where the collateral is the yours equity in house.



A mortgage that has a fixed interest rate for the entire term of the loan. The distinguishing factor of a fixed-rate mortgage is that the interest rate over every time period of the mortgage is known at the time the mortgage is originated. The benefit of a fixed-rate mortgage is that the homeowner will not have to contend with varying loan payment amounts that fluctuate with interest rate movements.



A Variable Rate Mortgage, also commonly referred to as an adjustable-rate mortgage or a floating-rate mortgage, is a loan in which the rate of interest is subject to change.

For your any kind of mortage insurance requirements, make sure to
consult us at :905-364-0376