Mortgage Options and Considerations After Divorce

by Rakhi Madan | Feb 2, 2023 | Purchases, Refinance, Tips | 0 comments

When couples in Brampton, Toronto and the GTA go their separate ways, how the matrimonial home is handled is a major concern. You want to move forward as confidently as possible and that’s why it’s important to seek out the advice of an experienced mortgage...

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...

Why a Mortgage Broker is the smart choice during uncertain times

by Rakhi Madan | Sep 8, 2022 | Purchases, Refinance, Renewal, Tips | 0 comments

Whether you are buying your first home or next, renewing or refinancing in Brampton, Toronto or the GTA, you need the absolute best mortgage strategy that meets your needs now and, in the future. Achieving your best mortgage is more difficult than ever because we are...

Buying a new home this fall? Tips for a stress-free purchase.

by Rakhi Madan | Aug 3, 2022 | First Time Home Buyer, Purchases, Tips | 0 comments

Given the softening housing market in Brampton, Toronto and the GTA, I’ve been asked when is the best time to buy – now or wait? History has proven that it is almost impossible to perfectly time the market. Since home ownership has proven to be a very solid investment...

Important Tips To Keep Your Credit Strong

by Rakhi Madan | Jun 3, 2022 | Credit, Purchases, Refinance, Renewal | 0 comments

Yes, we are in uncertain times. The recent .5% increase to the Bank of Canada overnight rate was expected but each increase can be unsettling, even though we haven’t yet reached pre-pandemic levels. While many in Brampton, Toronto and the GTA are viewing our current...

Five Ways To Beat An Increasingly Tougher Stress Test

by Rakhi Madan | May 3, 2022 | First Time Home Buyer, Purchases, Qualifying, Refinance | 0 comments

For homebuyers and owners in Brampton, Toronto and the GTA, the last two Bank of Canada rate announcements have been quite the wake-up call after two years of historically low pandemic rates. We knew it was coming and we prepare the best we can, but it always does...