Eric W Zabal - Mortgage Agent Level 2 (Lic # M19002596)
Eric W Zabal - Mortgage Agent Level 2 (Lic # M19002596)
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We help clients secure the best mortgage deals available.
I have been in the mortgage industry for over a decade as a mortgage professional. Continuously educating myself on new mortgage regulations, market trends for the product that best suits your individual situation. I have a passion for helping people.
Whether it's finding that perfect new home, refinancing your existing property to ease your financial burdens or maybe you're looking for funds to add that addition or upgrade some areas of your home.
Despite the interest rate challenges over the past years and the new mortgage rule changes that have taken place, I take great pride in assisting clients from the moment of contact to the final stages of a home purchase, refinance or a second property. Servicing all of Ontario.
I have always been actively involved in my community. Giving time to volunteer at a local Niagara food bank called "GROW FOOD LITERACY" — recruiting new volunteers and constantly approaching new donors for this low income family grocery store which assists those with food insecurity issues.
Feel free to come out and visit any Saturday. That's where you'll find me.
Understanding the 5 C's of Credit helps you prepare for mortgage approval. Lenders evaluate your Character (credit history), Capacity (ability to repay), Capital (down payment and assets), Collateral (property value), and Conditions (loan terms and economic factors).
The word "Trusted" is in front for the sole fact that I deal with professionals with a proven history of honesty, integrity and decency I pride myself on. If I wouldn't use them, why would I allow you to.
"Eric made our first home purchase seamless. His expertise and dedication got us an amazing rate!"
"As a self-employed professional, I thought getting a mortgage would be difficult. Eric made it happen!"
"Eric's refinancing advice saved us thousands. He truly cares about his clients' financial wellbeing."
A fixed-rate mortgage maintains the same interest rate throughout your term, providing payment stability. Variable rates fluctuate with the market, potentially saving money when rates drop but increasing when rates rise.
In Canada, the minimum down payment is 5% for homes under $500,000. For homes between $500,000 and $999,999, it's 5% on the first $500,000 and 10% on the remainder. Homes over $1 million require 20% down.
Typically, you'll need proof of income (pay stubs, T4s), employment verification, bank statements, identification, and details about your debts and assets. Self-employed individuals may need additional documentation.
Yes! We specialize in helping self-employed individuals secure mortgages. You'll need to provide additional documentation such as tax returns and financial statements, but we work with lenders who understand entrepreneurial income.