Myths about reverse mortgage

Here you have the Myths about Reverse mortgage. what to expect and what are the real facts Myths: The bank owns the home. People with a reverse mortgage will owe more Read More …

CMHC Home buying step-by-step

Home buying step-by-step. All you need to know to help you make smart home buying decisions from start to finish, prepared by Canada Mortgage and Housing Corporation (CMHC). Is Homeownership Read More …

Reverse mortgage – Income advantage

Chip – Reverse Mortgage – Income Advantage On a reverse mortgage, interests paid are tax-deductible and lower than the increase of the equity of your home Chip – Reverse mortgage Read More …

Gifted down payment

Gifted down payment Gifted down payment are funds given to a mortgage applicant by an immediate family member to be used to qualify for a mortgage or simply to lower the Read More …

Downpayment from RRSP’s

down-payment from RRSP’s If you as a first-time home-buyer are planning to buy your home this year and are facing the question of where will you get the down payment Read More …

B2B Bank Equity 50 program

B2B Bank’s Equity 50 program is great for individuals that have a hard time proving income in the traditional sources. Clients can access up to 50% of their home value Read More …

RRSP deadline approaching

RRSP deadline is approaching and with that the opportunity to receive a higher tax return after filing your taxes, return that you can use towards the down payment to purchase Read More …

To buy or to rent a 300K home?

To buy or to rent a 300K home? The following is a dilemma that many new home buyers face, so, if you are one, this information may help you make Read More …

2016/2017 CHMC housing market outlook for the GTA

2016/2017 CHMC housing market outlook for the GTA A short and easy to read summary of the CHMC study on the 2016/2017 CHMC housing market outlook can be found on this Read More …

The future of Canadian housing

The future of Canadian housing During the past decade under the Conservative party, left as a legacy “high home prices”, it may not have been intentionally but as a result of Read More …

Home purchase assist program

Home purchase Assist program from First Swiss Mortgage Corporation First Swiss Mortgage will lend a second up to 95% LTV, that client can use to reduce the first mortgage amount Read More …

Financial character

Financial character Financial character is the mental and moral group of qualities presented by an individual in regards to his/her behaviors when it comes to his/her financial agreements. Your credit score Read More …

Effects of Recession

Economists officially define a recession as two consecutive quarters of negative growth in gross domestic product (GDP). This is a significant decline in economic activity spread across the entire country. Read More …

35,000 home buyers plan

35,000 home buyers plan Raising the amount allowed to be borrowed from your RRSP’s savings account from 25,000 to 35,000 to be used as a home down payment is a “Plan” that Read More …

Appraisal rebate

Appraisal rebate is an excellent opportunity and limited time offer that can help you save after we consider the reality that there are a number of additional costs when buying Read More …

Say goodbye to your mortgage faster

Getting your mortgage approved so that you can purchase or refinance your real estate property. That is one of the services that I offer. But this service does not come Read More …

A refinance story

A refinance story After a period of some stressful time in their life, this including hard work, a change of workplace, some family illnesses and some accumulation in the credit Read More …