Whether you are purchasing for the first time or you’ve lost count now I can help organize the process and make it go very smoothly. Many clients first contact me to get a pre approval, where I will calculate based on standard lending guidelines how much mortgage they can afford. It may or may not be beneficial to submit for a formal pre approval with a lender, but I will definitely keep a watch on interest rates to make sure I hold one if they start to creep up. It’s always best if you contact me prior to your realtor, so we can get your budget organized and get an idea of payment which will help narrow down your search. Also I will organize your income and down payment documents so we can make a complete, efficient application that the lenders will approve in short order. My services in a purchase situation go farther than just great rates. Because I also know which lenders will approve quickly and which ones will not I will save you valuable time in the process.
As time passes and circumstances change your mortgage may no longer suite you financial needs. You may see the benefit in refinancing for various reasons such as taking equity to payout debt pay for children’s’ education or to open a secured line of credit for investment purposes to name just a few.
Whatever you situation, I can bring a large array of mortgage options to the table. Unlike your bank, I have access to A, B and private lenders for all circumstances. I have both National and local lenders with different policies who will all see your mortgage through a different lens. We can strategize your next mortgage to best fit your financial and life goals. Since everyone’s financial situations are constantly changing it isn’t always worth waiting until a mortgage renewal to make necessary changes.
Ahead of Your Mortgage Renewal Date is the best time to shop you mortgage to prospective lenders. Because at the end your mortgage term there is no penalty I can transfer your mortgage the best lender and it won’t cost you anything. Your bank may have had a great rate initially, but on renewal there could be more competitive rates and specials out there. I’ll go to work well ahead of your renewal, so if rates rise I’ll have a low rate held for you, and if rates fall, I’ll be able to follow the rate down. It’s a unique point in your mortgage where you are in a win win situation; you just need to contact me ahead of time and let me know your renewal date.
Many Canadians are taking advantage of refinancing some of the equity in their mortgage to reduce their credit card debt. Why pay high interest rates on your bank's credit card debt when you can add that debt to your mortgage and pay a much lower interest rate? One important part of a strategy is knowing "good debt" from "bad debt". A well-planned mortgage can help you turn those bad debts into good debts and get them out of the way.
1. Consolidate high interest rate credit cards to one lower rate.
2. Save money and increase cash flow.
3. Reduce stress knowing that your financial situation is now manageable.
If you'd like to have a conversation about refinancing your debt, give me a call today to review your options.
Sometimes, the house of your dreams is the one you're already living in.
Maybe it just needs some new landscaping, an extra wing for your growing family, an expanded kitchen, or a swimming pool in the backyard! A record number of Canadians have taken advantage of the historic low mortgage rates and rising real estate values and have tapped into their home equity through equity take-outs. There's never been a better time to access the extra funds that can help bring your home to that next level of comfort. Consider accessing the cash you need for the renovations and improvements you've been dreaming about!
When it comes to mortgages, it hasn't always paid to be self-employed - because reducing your taxable income can make it difficult to qualify for the mortgage you deserve. A significant number of individuals working in British Columbia are self-employed, so I work on files for self employed individuals on a consistent basis. I have the expertise to help you navigate the additional paperwork required for self-employed borrowers.
I completely understand that applying for a mortgage when you are self-employed can be confusing, intimidating and scary. It doesn't have to be! I try to take the confusion out of obtaining a mortgage by explaining the process in clear terms and discussing any concerns I have with your application, in detail,
Welcome to Canada! How to buy your first Canadian home:
Just because you are a new immigrant does not mean that you have to wait to purchase a home. Have you recently immigrated to Canada and are waiting to buy your first home because of limited credit history or because you are not yet a permanent resident and have a valid work visa?
Securing financing for a new home in a new country can be a challenge. I can help guide you through the process to get you and your family into your first Canadian home with as little as 5% down!
Buying an investment property can be a great opportunity.
Whether it be a house, cottage, farm, condo, or plot of land, buying real estate is traditionally a sound and profitable investment, offering both rental income and capital gains.
However, investment property ownership isn't for everyone. Along with the potential benefits come potential concerns; from legal to financial, so it's a sound idea to consult a financial advisor, a lawyer and an accountant prior to considering an investment property purchase. Because investment property mortgages are subject to specific governmental requirements, mortgages are constantly changing. It's a good idea to consult with specialist that brings experience and training to the table, helping you make an informed decision about your investment property mortgage options.
"Life is what happens when you're busy making other plans." ...and sometimes things get out of control. A bad credit rating can be gut-wrenching and humiliating as well as just plain bad news. I see all kinds of credit ratings every day and have the strategies to help How to improve your credit score and even heal, damaged credit. You may be surprised to know that you can still obtain a mortgage. Whether you've had a bankruptcy or your credit is only slightly bruised, there are mortgage options for you.
As a mortgage professional, I have access to non-traditional lenders who offer financing solutions to individuals who have some credit challenges that cannot be addressed by the major financial institutions. Together we can quickly assess your situation and decide on the best way to move forward.