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Managing your mortgage
The following is a smart edition prepared by CHMC and the Government of Canada and distributed to help advise our Mortgage Edge clients about the importance of managing a mortgage. We all receive advice on how to manage our homes, our business, our time, and now you can learn about how to manage your mortgage…
First-Time Home Buyer Incentive
“As of September 2nd 2019, Canadians interested in the First-Time Home Buyer Incentive can submit their applications for a shared equity mortgage with the Government of Canada.” (National housing strategy) (For distribution and Canadians knowledge) The First-Time Home Buyer Incentive helps qualified first-time home-buyers reduce their monthly mortgage carrying costs without adding to their financial…
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 your home when you are a first-time homebuyer. Don’t miss this opportunity. If you are currently employed and renting you should pay special interest in this…
Be prepared for your mortgage
Be prepared for your mortgage Anticipating for your coming mortgage renewal, refinancing or home purchase will always pay off, it’s a smart decision and an excellent financial practice. Since you are not in control of all the factors that affect your future transaction, it is most convenience to stay ahead of the curve. Unless you…
Your credit
Your credit Your credit is a factor with a big influence when trying to obtain a mortgage loan learn an easy form to keep it safe All your activities made through your lines of credit like credit cards, telephone companies, bank loans, students loans and specially mortgage loans, are registered in your very personal file…
Mortgage for single parents
Mortgage for single parents In Ontario, as of 2011 according to Stats Canada, there were more than 604,000 lone-parent families, and in a staggering 80% of them, the female parent was living with their children!. Now, this days is very difficult enough for a married or common-law couple to qualify for a mortgage in order…
