Innovative Mortgage Solutions

Welcome! We appreciate you taking the time to visit our website. Located in Sherwood Park, mortgages are our specialty. We have compiled some general mortgage information as an introduction to the scope of our company.

The Innovative Mortgage Solutions team’s primary focus is to provide you – our customer – with a unique combination of invaluable choice, and personalized, exemplary service.

In meeting with you on a one-on-one basis to discuss your mortgage in Sherwood Park, we are able to fully comprehend your individual financial position and goals, making us better equipped to negotiate the appropriate mortgage for you.

Our goal is to develop long term relationships with customers and referral partners – relationships that are not limited to a single transaction, but rather those that will remain long after we complete the mortgage process.

Whether you are ready to jump into the application process, or simply want to discuss your mortgage options with a qualified mortgage broker in Sherwood Park, we welcome you to contact the Innovative Mortgage Solutions team today!

Current Mortgage Rates

1 year 2.74%
2 year 2.59%
3 year 2.79%
4 year 2.87%
5 year 3.09%
7 year 4.04%
10 year 4.49%
ARM/Variable 2.50%
HELOC 3.50%

**Rates last updated April 1, 2014. On approved credit, rates are subject to change without notice.


CMHC Morgage Insurance Premium Hike
March 3rd, 2014


Starting in May, CMHC will be increasing the cost of Mortgage Insurance for homebuyers purchasing with less than 20 percent downpayment. Currently premium rates range from 0.5 percent to 2.75 percent. However under the new rules it will now range from 0.6 percent to 3.15 percent. This will make buying a house even more expensive, however will only affect new home uyers obtaining a Mortgages. If you are considering buying, contact our office today to take advantage of the lower CMHC premiums while you can.



Blog Articles

  • Making a Difference with Interest Rates
    March 4th, 2014

    Many of our clients often wonder if it is beneficial to break their current mortgage in order to rework the arrangements, potentially achieving a lower interest rate. Consider the results...
  • Mortgage Math: Downpayment Options
    February 18th, 2014

    It's time for a little Mortgage Math, let's get educated on your downpayment options as this amount can have a impact. The amount you put down on the initial purchase...
  • Become Mortgage Free Faster
    January 9th, 2014

    Home finance is not a simple "one size fits all" solution. Changing some key variables in your financing can make a difference.When it comes to saving on your mortgage, there...

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