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Builders Mortgages | Financing The Construction of Your New Home

November 12, 2018

Building your dream home can be exciting but comes with it’s own set of financial challenges. Qualifying for a Construction Loan to build a new home is very different than qualifying to buy an existing home. Banks have strict guidelines when it comes to financing the construction of your custom home, including time-lines for the…

Understanding Bank Sliding Scales on Large Mortgages

October 30, 2018

Mortgage Broker, Mortgageloanamount

We have a lot of people asking us , “Why won’t the bank lend me 80% of the value of my home”. The truth is, when it comes to lending on higher value homes, from a lender’s perspective, bigger isn’t always better. The bank considers that it is a higher risk to lend on…

Why you need a great Mortgage Broker

April 27, 2018

Mortgage Broker, Self-Employed Mortgages

Today’s lending environment has changed drastically in the last year. Now, more than ever mortgage brokers in Ontario, such as myself need to be educated and on top of the newest and latest products created to help our clients.

Don’t burn your bridges. Understanding bridge financing.

December 8, 2016

Mortgage Broker

What are bridge loans ? Bridge loans are short-term loans that clients use when they have two different closing dates for the sale of their existing home and the purchase of their new home. Bridge loans are becoming increasingly popular as people prefer to have a few days to a few weeks to move or…

Do You Fear the CRA?

April 7, 2016

Mortgage Broker

While providing mortgage solutions for my clients over the past 12 years, I’ve had the opportunity to deal with the Canada Revenue Agency on several occasions. It seems that lately I’ve been dealing with them more than I’d like to. I mostly deal with them on behalf of my clients if there is an outstanding…

Mortgage penalties – How they are calculated will shock you!

December 10, 2015

Mortgage penalties

It surprises me see the lack of interest people have when it comes to their mortgage, especially when it comes to how mortgage penalties are calculated. Part of the problem is that the person who set up the mortgage to begin with didn’t think it was important. They don’t take the time because they will…

Don’t sign those mortgage renewal documents!

October 27, 2015

Mortgage Renewals

I’m shocked at times to hear all the reasons why people don’t take the time to review their options when it comes to renewing their mortgage. I get the feeling that people spend more time trying to find a deal on everything else they purchase but spend little or no time reviewing options for the…

The importance of your credit score and how a small $50 charge cost this client thousands of dollars!

October 7, 2015

Credit

Recently I was faced with some very unfortunate circumstances pertaining to a great client with a not-so-great scenario when it came to obtaining his mortgage.There was no reason for it – the client paid everything on time, had great income and would have qualified for the best rates had it not been for this one…

Farewell Summer 2015…We’re back to school!

September 8, 2015

Mortgage Broker

As the new school year begins, I just wanted to take the time to wish parents and their children a happy, safe and successful new school year. You can view a few tips by clicking here that might make “back to school” a little less overwhelming and more organized. Boating in Mala Luka, Croatia 2015 …

The Mortgage Myth Exposed!!

July 6, 2015

Mortgage Broker

I just got off the phone with a potential client. This type of conversation happens way too often and I think it is time I set the record straight. The conversation basically went like this. “Oh, well my credit is good so why would I use a broker when I can go to my bank?”…

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Our Blog

Builders Mortgages | Financing The Construction of Your New Home

Understanding Bank Sliding Scales on Large Mortgages

Why you need a great Mortgage Broker

Don’t burn your bridges. Understanding bridge financing.

Do You Fear the CRA?

Mortgage penalties – How they are calculated will shock you!

Don’t sign those mortgage renewal documents!

The importance of your credit score and how a small $50 charge cost this client thousands of dollars!

Farewell Summer 2015…We’re back to school!

The Mortgage Myth Exposed!!

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