Starting June 1st the stress test is changing. Qualifying rates are changing from 4.79% to 5.25%. This isn’t a significant change but it does reduce your buying power by about 5%. Watch my full video, I explain how this affects you. Please don’t hesitate to contact me with further questions you may have.
Are you getting a divorce? Do you want to dissolve financial ties with your ex-spouse? I can help you with the Spousal Buyout program that will benefit both parties and help you move forward financially independent. The spousal buyout program is different from a traditional refinance. It allows you to access 95% of your homes
What Is The Spousal Buyout Program? (Watch Video) Read More »
So you’re thinking about moving…most will reach out to their realtor first, but as a mortgage broker, I think your first call should be to your mortgage broker. You should be checking with your mortgage broker to see if your mortgage is portable, so you can move it from one home to another. Watch my
What is a collateral charge mortgage? Here’s what to know about a collateral charge mortgage. A mortgage can be registered two ways: Standard Charge Collateral Charge Collateral charge mortgages have pros and cons. You need to understand what it is, and that you have a choice. Watch the video below, where you learn more about
What To Know About a Collateral Charge Mortgage (Watch Video) Read More »
What is mortgage insurance? When does it apply to me? Mortgage insurance is a premium that’s added to your mortgage when you have less than 20% down. It unfortunately doesn’t protect you, but protects the lender in the even of default. Here’s what you should know about mortgage insurance:
The most important things to look for in a mortgage I often refer to as the three P’s. They are portability, pre-payment and penalty. Asking your mortgage broker about the three P’s will help set you up to make the best decisions moving forward.
The Three P’s – The Most Important Things To Look For In A Mortgage (Watch Video) Read More »
What is a mortgage pre-approval? A mortgage pre-approval is the reviewing of your financial situation to determine how much home you are allowed to purchase. Here’s how you can have the most amount of success getting a mortgage pre-approval. Watch the video below, and contact me for more questions or to get started with the
As a mortgage broker I serve all of Canada. I specialize in spousal buyout programs (divorce mortgages) and can make the process as efficient and stress free as possible. I look forward to chatting with you about your mortgage needs. I can help make mortgages simple.
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