Jencor Mortgage Corporation - Calgary's Mortgage Specialist

Submit your application instantly to one of our mortgage specialists over our safe and secure online form.

From payment calculators to refinancing, choose from one of our seven comprehensive online mortgage calculators to quickly get the answers you may be looking for.

Jencor Mortgage is a proud member of the Better Business Bureau

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JENCOR MORTGAGE

305 - 1822 10th Ave S.W.
Calgary, Alberta
T3C 0J8

Phone Number:            (403) 245-3636
Fax Number:                (403) 229-3113
E-mail:         info@jencormortgage.com

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Maturity Date The last day of the term of your mortgage agreement. The mortgage must be paid in full, or the agreement renewed, by this date.

Mortgage Assumption The act of taking on responsibility for the payment of a mortgage, usually subsequent to the sale of a property. In the case of mortgage assumption, the seller remains secondarily liable unless released from obligations by the lender.

Mortgage Broker A registered agent who negotiates with lenders on behalf of a borrower to obtain the best overall mortgage for that borrower's circumstances. Mortgage Brokers are particularly useful in financing "non standard" situations which cannot be funded by a major national lender. This is possible because a Mortgage Broker has access to lenders who do not advertise nationally or operate in retail locations. As of late, mortgage brokers have become main-stream for acquiring a standard mortgage; this is due to the unmistakable ability to obtain lower rates then the banks can offer to the general public (in most cases). Jencor specializes in providing the best mortgage financing services in Calgary and abroad. Please feel free to view the list and profiles of our industry leading mortgage specialists by clicking HERE

Mortgage Insurance If your down payment is less than 25% of the purchase price of the property, the lender is going to require either private mortgage insurance (Genworth) or public mortgage insurance through Canada Housing and Mortgage Corporation (CMHC). The fee is calculated as a percentage of your mortgage. This is known as default insurance. Please note that insurance rates can fluctuate.

Mortgagee Also known as the "lender".

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