Fixed vs Variable
Mortgage Topics Mohamed Mahmoud 8 Jul
Call/Email to learn more (647) 901-7948 info@modomortgages.ca
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5 Ways To House-Hunt Like A Pro!
General Mohamed Mahmoud 7 Jul
Closing Costs
Mortgage Tips Mohamed Mahmoud 6 Jul
You were told that your minimum down payment was 5%. You have that. However, did you know that you are also required to show that you have an additional 1.5% of the purchase price saved to cover closing costs such as legal fees? Call/Email me to learn more (647) 901-7948 info@modomortgages.ca
Read More3 Ways To Prepare Your Home For A Quicker Sale
General Mohamed Mahmoud 30 Jun
When it comes to savings, every bit counts!
Mortgage Tips Mohamed Mahmoud 29 Jun
Did you know? Every 10% increase in payment shaves three years off the amortization (life of mortgage) of a five-year variable mortgage term, so every bit extra matters and can make a difference
Read MoreWhat is a pre-qualification?
FAQs Mohamed Mahmoud 25 Jun
A pre-qualification provides you with a ballpark estimate of how much you may be able to afford based on your own self-reporting of your financial situation. This helps set a realistic price range for those eager to start shopping the real-estate market.
Read More5 Approval Roadblocks.
General Mohamed Mahmoud 24 Jun
When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your dream home and negotiated a fair price, which was accepted, and you have supplied all the documentation to your broker, you probably assume everything […]
Read MoreNo Limits
Mortgage Tips Mohamed Mahmoud 22 Jun
Did you know? Renewal time is the perfect time to make a lump sum payment on your mortgage because there are no prepayment limits.
Read MoreMonday Mindset Mohamed Mahmoud 21 Jun