Calculators

We guide you through the mortgage process from start to finish.

Use these handy calculators to compare loans, calculate loan repayments or see how much you are able to borrow...


Our partners

Your NIFERA personal consultant has access to more than 650 loan products from a panel of more than 30 lenders.
which means more choice for you!

Get your client's finances pre-approved;
it will pave the way to a quick sale...

Successful real estate experts tell home buyers that it's critical to apply for a loan
before shopping for a home, and it's true; “loan and own” are intrinsically linked.
But do you know that it's far better to have your customer pre-approved for a loan
than to be pre-qualified? There are more advantages to gaining pre-approval than
you may think.

Re-qualification letters vary in verbiage, but most of them say the mortgage
broker or loan officer has received a loan application from the borrower; period.
They may or may not have reviewed a credit report. The letters also state there is
no guarantee that the lender will make the loan.

Pre-approval letters on the other hand speak volumes. Pre-approval letters say
the borrower's file has been submitted to be underwriting and approved. It means
the borrower's credit has been reviewed and found to be acceptable, the borrower's
employment has been verified, the borrower's assets have been substantiated and
the borrower's current home (where applicable) has been valued .

Working with clients that are pre-approved means that:

  • Increase efficiency by matching the customer’s needs with spending power,
  • Spend more time examining the right homes,
  • Avoid disillusionment by showing the customer the right houses, and
  • Enjoy a faster closing period.

As part of the NIFERA Referral Program, we provide a free pre-approval service
to your customers. Getting your customer’s pre-approved through the NIFERA
Referral Program means that you share any upfront commission (50/50).
Click here for more details on our Referral Program.

Don’t hesitate to call me if you have any questions about pre-approval or our
Referral Program.

 

home loan pre-approvals