Read Our FAQ

Do I need to get pre-approved for a mortgage?

Pre-approval for a mortgage is highly recommended, especially if you are planning to buy a home for the first time. This will let you know how much money you qualify for and helps eliminate any surprises or problems when closing on your home.

What types of mortgages are available?

You have a wide range of options including conventional and high-ratio mortgages, closed and open mortgages, short term, long term, fixed rate, variable rate and even specialty mortgages. As a highly experienced mortgage broker, Shannon Parker of Lakeland Mortgage will carefully explore your options with you. Find more information on the types of mortgages available.

How much down payment do I need?

The down payment amount can vary, but usually represents 5% to 20% of the total price. You have options and we are happy to discuss them with you.

Can changes be made to the mortgage application once it has been submitted?

Yes. We always have your best interests in mind. Changes to such things as length of term and repayment frequency can be made. We will take the time to carefully review how making changes will impact your financing.

You can find more information throughout our site, including specific content for first-time home buyers. If you have other questions, please don’t hesitate to contact us.

SERVICE AREA: EDMONTON, COLD LAKE, BONNYVILLE, LLOYDMINSTER, CAMROSE, WAINWRIGHT, ST. PAUL, LAC LA BICHE AND THE SURROUNDING AREAS IN ALBERTA

Lakeland Mortgage

#6 4428 50th Ave.

Bonnyville, AB  T9N 1B6

Main: 780-826-3544

Toll Free: 1-866-812-3544

Fax: 1-866-285-4221

Email: shannon@lakelandmortgage.ca

Hours

Monday – Friday:
9:00AM – 5:00PM
Tuesday & Thursday:
Evening appointments available

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