What Are Alternative Mortgage Lenders and Why Are They So Important?

by Rakhi Madan | Oct 4, 2023 | First Time Home Buyer, Purchases, Qualifying, Specialty Mortgages | 0 comments

In today’s real estate market, the path to homeownership is not always straightforward, especially given how difficult it can be to qualify for a mortgage. Many homebuyers and homeowners in Brampton, Toronto, and the Greater Toronto Area find themselves facing...

Fall into Homeownership: Why This Fall Could Be Your Window of Opportunity in Brampton, Toronto, and the GTA

by Rakhi Madan | Aug 1, 2023 | First Time Home Buyer, Purchases | 0 comments

According to Insauga.com, Brampton has the highest rents in all of the GTA! Brampton had an average rental price of $3,263 per month in the first quarter of 2023, while the average mortgage payment for a $1,000,000 home was $4,626 for a difference of just $1,363....

15 Essential Questions You Must Ask Your Mortgage Broker


by Rakhi Madan | Jun 5, 2023 | First Time Home Buyer, Purchases | 0 comments

When it comes to one of the biggest financial decisions of your life – getting a  mortgage – it’s essential to have all the necessary information to make informed decisions. Working with a knowledgeable and trustworthy Mortgage Broker can simplify the...

The Tax-Free First Home Savings Account is HERE!

by Rakhi Madan | Mar 20, 2023 | First Time Home Buyer | 0 comments

The Tax-Free First Home Savings Account (FHSA) is a new program available in April 2023 that will help homebuyers in Brampton, Toronto, and the GTA get into their first home faster. It allows you to save up to $40,000, giving you a tax deduction on your contributions...

Six tips to help you get mortgage ready

by Rakhi Madan | Dec 3, 2022 | First Time Home Buyer, Qualifying, Tips | 0 comments

Given price declines since the peak of the housing market in February 2022, homebuyers are finding good opportunities in the Brampton, Toronto and GTA markets. However, our higher rate environment has resulted in a tougher stress test, which makes it difficult for...

Is the stress test keeping you from a great opportunity? 

by Rakhi Madan | Oct 5, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance, Renewal | 0 comments

Our rising rate environment has caused the government’s “minimum qualifying rate (MQR)” to no longer apply for those looking to purchase, renew or refinance in Brampton, Toronto and the GTA. What does that mean? Well, the MQR is part of the mortgage qualifying “stress...