At Niche Mortgages, we understand that navigating the mortgage process. Whether you’re buying your first home, investing in property, or exploring refinancing options, can come with a lot of questions.
That’s why we’ve put together this FAQ page to help you find clear, straightforward answers to the most common mortgage-related inquiries.
From understanding the different types of mortgages to learning how your credit score affects your application, our goal is to give you the knowledge and confidence to make informed financial decisions.
Still have a question we didn’t cover? Contact Niche Mortgages and one of our experienced advisors will be happy to help.
Contact UsWe offer a wide range of options including residential mortgages, commercial and small business mortgages, private mortgages, construction loans, bridge loans, refinancing, and investment-focused mortgage solutions.
Yes! We specialize in helping newcomers secure mortgages. Our team understands the unique financial situations of recent immigrants and can guide you through available programs.
Use our mortgage calculator to estimate what you can afford, then speak with one of our advisors for a personalized assessment.
A fixed-rate mortgage offers predictable payments over the term, while a variable-rate mortgage can fluctuate with the market. We’ll help you decide which is right based on your goals and risk tolerance.
If your down payment is less than 20%, mortgage default insurance is required. We can explain your options and help you budget accordingly.
Understand your credit score, gather financial documents, and get pre-approved to strengthen your offer. We’ll walk you through the process from start to finish.
Yes. Especially for newcomers or young buyers, we have lenders who accept alternative credit or look at income stability instead.
Approval timelines can vary, but with the right documents ready, pre-approvals can happen in 24–48 hours, and full approvals typically take 5–10 business days.
Yes, we work with lenders who understand self-employment income and offer flexible documentation options.
A private mortgage is funded by individual or institutional investors instead of traditional banks. It’s ideal for clients with bad credit, unique income sources, or time-sensitive financing needs.
Yes. We have access to alternative and private lenders who assess your full financial picture, not just your credit score.
Private mortgage investors fund loans and earn returns through interest. If you’re interested, we offer private mortgage investment opportunities backed by real estate.
You can use it to purchase office space, warehouses, retail buildings, or mixed-use properties. Visit our commercial mortgage page to learn more.
They’re issued in stages as your home is built, and we help manage the draw schedule. Learn more on our construction mortgage page.
Yes, whether you’re purchasing a property for your business or need working capital secured by real estate, we can help.
Absolutely. We assist in converting your construction loan into a long-term mortgage with the best rates available.
If you want to lower your rate, access home equity, or consolidate debt, refinancing might be right for you. We’ll help you weigh the pros and cons.
We work with dozens of lenders to find the best fit for your situation, offer faster approvals, and provide hands-on support that banks often can’t match.
Simply Contact Niche Mortgages, and one of our experienced advisors will walk you through your next steps, no pressure, just expert guidance.