Why Your Mortgage Needs Default Insurance
Insured Mortgage approvals at 5% down to 19.99% down. When you put down the minimum on a house in Ontario, 5%, you cost yourself the highest premium there is. Currently, it sits at 4% Premium. When you put down 10% on the house purchase price, you decrease this premium to 3.1% When you put down […]
8 Expenses You DIDN’T Know About Owning A Home
Clients always ask me what the mortgage payment is, and sometimes I would love to list out every extra cost to help them realize the true cost of Home Ownership. In saying that, here is a quick list. Always remember to add this to your budget when thinking of getting a home, as we do […]
Getting A Virtual Mortgage Approval
Recent events such as COVID, and increased mortgage application rules have changed the mortgage landscape forever. With the new digital home buying experience seen in the real estate market. From virtual tours of homes to virtually signing offers to purchase, it’s a new and quicker market. It is now time for mortgages to go virtual. […]
Quick Read On Secured Lines Of Credit
So, you have made a decision to access some equity in your home. It truly depends on what you choose to use this equity for. A car, a boat, debt, something else entirely. What can be said is that there are some simple things to avoid while trying to obtain this line of credit attached […]
