Did you know? Every 10% increase in payment shaves more than 7 years off the life of a five-year variable mortgage term, so every bit extra matters and can make a difference!

Get a Mortgage to purchase that dream home AND get the funds you need to renovate and make it YOUR home!
This is a purchase plus an improvement Mortgage.
When it comes to home renovations, always do the things that are going to protect your home in the long-term first!

Did you know?
Sticking with your employer while going through the home buying process is crucial. Any changes to your employment or income status can stop or greatly delay the Mortgage process.

It is a good idea to keep track of when your mortgage term is up. While many lenders send out your renewal letter very close to expiry, shopping for a new term between four and six months before your expiry will ensure you are able to get the best rate for renewal.

Paying debt on credit cards is the most expensive means of carrying debt! Consolidating your debt will increase cash flow by lower rates and payments. Debt consolidation through refinancing can be a great option to pay off credit card debt, loans or a line of credit allowing you to manage a single monthly payment versus multiple payments.

While you might be able to house hunt on your own, there are many aspects of buying real estate that can be confusing to first time shoppers. A real estate agent provides an essential service that you can rely on for negotiating offers, organizing inspections and other details.
A good Realtors experience is valuable and can help guide you through the process. In addition, whatever money you might save on commissions could easily be spent on a botched offer or overlooked repairs that could be avoided with the help of an agent.

A Mortgage rate that is based on what’s called the ”prime rate”. This rate is also based on the Bank of Canada rate, which is announced eight times a year.
Variable rates offer the advantage of much lower prepayment penalties compared to Fixed rates, which in turn gives you the flexibility you need in case you need to make a change.

Canada is a melting pot. Future Canadian homeowners needed.
Did you know? Immigrants now represent a quarter of first-time buyers overall – and more than 40% in Toronto and Vancouver!

We are living in the NOW! The world is always changing and evolving and we are seeing it in our day. When fixed-rate Mortgages were first offered in 1971, rates were around 7.5 percent and around 1980, they jumped to nearly 20 percent.
Today, they’re at all-time lows!

Private mortgage lenders are great options when needed! Ensure you have an exit plan before you enter into one; these are NOT long term transactions. Did you know? A private Mortgage is based on the property’s value, not the purchasers credit score or income. This makes private Mortgages a viable option for individuals with a below average credit rating, little down payment or lack of traditional proof of income.