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Got a Pay Raise and Still Don’t Qualify?

Got a Pay Raise and Still Don’t Qualify?

by Rakhi Madan | Dec 26, 2016 | First Time Home Buyer, Purchases, Qualifying | 0 comments

Owning a home and saying goodbye to your landlords is something many of us dream about often. It can seem straightforward to save a down payment, and after you get a raise you might think you’re finally ready. Take Bob, who thought he was doing everything right. Bob’s...
5 More Steps in the Home Buying Process

5 More Steps in the Home Buying Process

by Rakhi Madan | Dec 19, 2016 | First Time Home Buyer, Purchases | 0 comments

I hope that you have read my last blog post on the first 5 steps in the home buying process. Once you’ve read that you’ll be wondering what’s next? Here are the next five steps in the home buying process Step 6 You’ve found a home that fits your budget, checks all the...
5 More Steps in the Home Buying Process

The First 5 Steps In the Home Buying Process

by Rakhi Madan | Dec 12, 2016 | First Time Home Buyer, Purchases | 0 comments

There are few things in life we find as exciting and at the same time overwhelming as starting on the road to home ownership. It’s likely you’ll be the on the receiving end of advice from parents, family, and friends, all of course with the best of intentions. Often...
Things to Consider Before Buying A Foreclosure

Things to Consider Before Buying A Foreclosure

by Rakhi Madan | Nov 20, 2016 | First Time Home Buyer, Purchases | 0 comments

Getting in on a foreclosure can be a great deal for you, but you’ll want to be aware of few things before trying to buy one. First understand that a foreclosure is a home that goes up for sale from the lender, because the owners have defaulted on payments....
What A Good Pre Approval Means

What A Good Pre Approval Means

by Rakhi Madan | Aug 19, 2016 | First Time Home Buyer, Purchases | 0 comments

Getting a good pre approval is a very important step in buying a home. Some banks issue pre approvals that are loosely based and more about a rate guarantee. However a good pre approval from a Toronto or Brampton mortgage broker is based on income, so it means you...
How You Pay For Your Mortgage Payments Matters

How You Pay For Your Mortgage Payments Matters

by Rakhi Madan | Jul 29, 2016 | First Time Home Buyer, Purchases, Refinance, Renewal, Tips | 0 comments

The golden rule of mortgages is this, the longer you take to pay it off, the more money you give the bank. So your goal should be to pay your mortgage off as fast as comfortably possible. Listed here are payment options for your mortgage. Knowing these options before...
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