Most banks boast a higher than 90% renewal rate on their mortgages (some even higher than 95%). Since it costs them a lot more money to acquire a new client vs. keeping an existing one, banks love the savings of a simple renewal. So you would think that they would offer you the best rate up […]

With 80% loan-to-value being the maximum you are now able to refinance your property, property for values increasing at a slower rate, and 25 years being the maximum amortization on high ratio deals, it’s not as easy as it once was to simply refinance and pull some money out of a home when it’s time […]

It may seem an odd question with a very obvious answer but you would be surprised how few people consider this question when approaching their bank for mortgage advice. When you deal with a bank employee or a mobile mortgage representative (also a bank employee), you need to know that their primary responsibility is to […]

Today’s Success Story: Approximately 3 years ago I helped a young couple with their mortgage on their new home.  Over some time they had accumulated some debt that was costing them a large amount of $$ monthly.  I spoke with them and went over their debts and restructured their mortgage to pay off their debt […]

Need 100% financing on the purchase of a new home? I still have some tricks up my sleeve that will help you get it……and at a rate of 2.99% fixed for 5 years. True story, all you have to do is believe. Need help? Contact me!

Often times, borrowers are fixated on their mortgage rate because it’s the one aspect of their home financing they know to ask about. But, it’s important to look beyond mere rates into the bigger picture surrounding what’s significant when it comes to your specific mortgage needs. If we dollarize the difference between 2.99% and 3.04%, […]

Today’s Success Story:  The cousin of one of my clients had his RBC mortgage coming up for renewal.  He had been with RBC for 10 years and they told him they were going to offer him a great rate for his new mortgage term because they appreciate his business.  They offered him 3.19% for 5 […]

If the exact same rate OR lower is available elsewhere, why would you ever consider signing and committing yourself to the terms and conditions that BMO offers with their low rate mortgage product? Stay educated. Shop smart. It’s your money to save or spend.  

ATTENTION BMO CUSTOMERS: There has been a lot of “talk” about BMO currently offering a 5 year fixed at 2.99%. I am also offering this rate BUT I am not offering the horrible terms and conditions of the BMO mortgage product. Please read the following taken from BMO website: “During the term of the 5 […]

Today’s Success Story: A family was looking to purchase their first home. Because the applicant was on ODSP disability they were declined everywhere they applied. I searched thru several lenders and banks, working with underwriters and managers. After hours/days of due-diligence I was finally able to provide my clients with an approval! I never give […]