Mortgages For Ontario Doctors
You have worked hard to become a medical doctor and find success in the field, and now you need to find a mortgage that will work for you with your specific situation as a physician. There are a few aspects of your professional life that make it so a standard mortgage...
The Devil is in Five of the Details
I have something shocking to tell you. Mortgage brokers are human. Gasp!! But wait, so are lawyers, lenders, legal assistants and everyone else who is involved with your mortgage transaction. Why do I choose to draw attention to this and ruin your day you ask? It is...
What is a Mortgage Broker?
One thing Canadians have in common is that most of us are paying off a mortgage. The mortgage market can sometimes be confusing. There are a vast array of choices – open, closed flex down, equity take-out, cash back, and of course the rates themselves. While we would...
10 Reasons To Use A Toronto Mortgage Broker
Do you know what the difference is between a bank lender and a Toronto mortgage broker? Understanding this can result in a lot of savings in the long-run and overall a more satisfactory experience with securing a mortgage. Here are 10 reasons why you should use a...
The Ideal Mortgage Qualifying Candidate
There are a million variables that determine how one can qualify for a mortgage. The banks, mortgage lenders and credit unions all have different guidelines to be able to qualify under their programs, and then we have the mortgage insurers and multiple other...
Paying Debts Off Fast
As with many situations involving finances, in order to succeed with getting rid of your debts as soon as possible you need to develop a plan. A solid plan could include any of the below tips that are designed to get you the freedom you desire, depending on your...
Top 5 Reasons People Don't Qualify For A Mortgage
I receive calls every month from people who want to know how to qualify for a mortgage because they were declined by their bank. In many cases I can help them and in some cases they have to wait – but we identify what they need to do to get in a better situation to...
How Liberal Win Will Affect Mortgage Rates
The Liberal majority win was a surprise for many. The effects of this win will reach far, especially in terms of the financial impacts for both Canadian families and businesses. The Liberals have promised to lower the tax rates for small businesses and get rid of the...
Are your clients really, truly pre-approved for a mortgage?
Beware of the term PRE-APPROVAL! Here are some facts: Pre-approvals mean something different to every mortgage professional and lending institution For mortgage approvals both the applicants AND the property they are buying need to be adjudicated and approved before...
Repaying Your Mortgage
Let’s face it, getting a mortgage is hard, but repaying a mortgage is harder. What is the best way to go about repaying? You say, as quickly as I can and with the least amount of interest! Good answer! Statistics tell us most folks repay their mortgage in less than 20...