Self Employed (BFS)

SELF EMPLOYED & WANTING TO BUY? The 4 Things You NEED To Know

So you've finally taken that leap and started your own consulting business, cleaning company, Etsy shop, or other career as a self employed person. Or maybe you've been doing contract work for a while now? You may have jumped both feet in or you may just be starting off part-time. In any case, if buying… Continue reading SELF EMPLOYED & WANTING TO BUY? The 4 Things You NEED To Know

real estate

To Buy or To Sell – Which Should You Do FIRST When Moving Up, Down, or Sideways To Your Next Home?

Homeowners who are selling a property at the same time as buying, are often the least serviced customers in the mortgage industry. If you are both buying and selling your home, you are now managing TWO transactions instead of one and should contact a Mortgage Broker to have a thorough discussion of your mortgage plan and goals.

Separation & Divorce

GOING THROUGH A SEPARATION BUT WANT TO KEEP YOUR HOME?

Separating from a spouse is emotionally draining and this is often compounded when the largest asset in many relationships, the matrimonial home, is a factor. Sometimes, both parties want to sell and buy new homes but other times, one person may want to keep the home and pay their Ex out for his/her share of the equity.

real estate

What is Your Home Really Worth??

Understanding Why The City’s Assessment, A Realtor’s Market Evaluation, & An Appraiser’s Value May Be Different.   You receive a City Tax Assessment in the mail in January of each year. Then, when considering the sale or refinance of your home, a Realtor tells you what they believe your home should be priced. If refinancing,… Continue reading What is Your Home Really Worth??

credit

Your Credit Score Got An Upgrade in 2016 – How It Impacts You

Equifax, one of two credit reporting agencies in Canada, creates the formulas that calculate your credit score.  They create new formulas to adjust to changing consumer behaviour.  The mortgage broker industry previously used a formula called Beacon 4.0.  As of June 1st, 2016, we are now using Beacon 9.0.  This new formula recognizes that a… Continue reading Your Credit Score Got An Upgrade in 2016 – How It Impacts You

Interest Rates

“BUT SERIOUSLY… WHAT’S TODAY’S BEST RATE?”

One of the first (and most asked) questions I hear is, “What is today’s best rate?”. The answer truly isn’t that simple. Why? Today I’m going to focus on “A” Lenders and assume you have average to excellent credit. Given that scenario, the rates offered by different Lenders range based on: HOW FAST YOUR POSSESSION… Continue reading “BUT SERIOUSLY… WHAT’S TODAY’S BEST RATE?”