What is a reverse mortgage? -Access up to 55% of the value of your home -Maintain ownership of your home and never have to move or sell -No payments required -You can receive your tax-free cash over time or 1 lump sum payment -Must be age 55 or older -No income needed to qualify […]

5 WAYS TO BOOST YOUR FINANCIAL FITNESS Thinking about buying your first home? The race to home ownership is more like a marathon than a sprint: diligent planning, pacing and strategy are the keys to success. Are you ready to approach the starting line? Here are five ways to shape up and boost your financial […]

TOP 5 THINGS MILLENNIALS SHOULD KNOW WHEN BUYING REAL ESTATE There are 9 million Millennials in Canada, representing more than 25 percent of the population. Born between 1980 and 1999, the eldest are in the early stages of their careers, forming households and buying their first homes. Buying a home is a daunting process for […]

HOME OWNER GRANT – DON’T FORGET TO APPLY It’s that time of year again when property taxes are coming due. Did you know that the average homeowner saves $570.00 with the home owners grant? On the bottom of your property taxes you will notice a section called “Home Owner Grant Application”. Make sure you take […]

Every year since October 2008 it’s become more and more difficult to obtain a mortgage. The government claims to be casting a safety net over the Canadian housing industry via stiffer mortgage regulations. What do you need to know to help prepare yourself for a home purchase, refinance, debt consolidation, or even a simple renewal? […]

With low rate offerings over the past several years and a struggling economy, some homeowners chose to lock into a longer term mortgage even if the interest rate was a bit higher. If you are one of those people who feel stuck in a high rate 10 year fixed mortgage you may be wondering if […]

Every homebuyer eagerly anticipates closing day. With the home purchase process completed, ownership of the property transfers from the seller to the buyer – you! Closing date is negotiated as a condition of sale. You’ll typically have several weeks between the date that your agreement to purchase (sales contract) is signed and your closing date. […]

HOW TO PAY OFF DEBT FASTER – 25 SECRET TIPS YOUR BANKER DOESN’T WANT YOU TO KNOW 1. Make a double mortgage payment whenever you can. Doing this once a year can shave over 4 years off the mortgage! Sometimes you can skip a payment later on too…if you really, really need to. Try not […]

WHAT DOES IT ACTUALLY MEAN TO CO-SIGN FOR A MORTGAGE? There seems to be some confusion about what it actually means to co-sign on a mortgage and you know that where there is confusion, your trusted mortgage professional seeks to offer clarity. Let’s take a quick look at why you may be asked to co-sign […]

Life can definitely throw some challenging financial situations your way. As mortgage professionals, we can provide solutions and strategies during or after these challenging times in order to get you back on track. We have access to banks, trust companies and mortgage companies that specialize in this transitional period to help you move forward with […]