Know Your Equity

Equity can be taken out of your home to do many things, depending on your needs. Similar to a bank account that increases as the mortgage is gradually paid off and as the property value rises. Home Equity is the appraised value of your home minus the remaining mortgage balance. Example: Appraised value of home … Continue reading Know Your Equity

Down Payment Possibilities

The mortgage options you qualify for depend on multiple factors. One of the most important being the down payment. The required minimum down payment in Canada is 5%. When purchasing a home exceeding $500,000 the down payment is then 10% for the amount exceeding. So, for a $750,000 home: 500,000 x 0.05 = 25,000 250,000 … Continue reading Down Payment Possibilities

A Mortgage Doesn’t Have to Mean 25 Years

Time and money are the most common currencies we use. I’d like to provide some insight on how to save a little bit of both when buying a home. There are various ways to pay off a mortgage more quickly. I’ll be focusing on accelerated mortgage payments and payment frequency. Payment frequency is choosing monthly, … Continue reading A Mortgage Doesn’t Have to Mean 25 Years

It Pays to Shop Around

A mortgage is going to be the one of the largest financial commitments in your lifetime, so it’s important to find someone who has your best interests at heart. My goal is to highlight the differences among mortgage professions, so everyone is more aware of the services available to them. An agent and broker are … Continue reading It Pays to Shop Around

Your Journey Begins Here

Purchasing a home will be one of the most important decisions of your life. My objective is to assess your needs and provide you with the best possible options. I want to ensure you're comfortable and stress free throughout the process. My services don't end when your mortgage is obtained. I'm available for any concerns … Continue reading Your Journey Begins Here