16 May

ACCESSING YOUR HOME’S EQUITY TO INVEST

General

Posted by: Deb White

To tap into your home’s equity, it all starts with refinancing your home. If you own a home, the equity you have built up in it is one of the most valuable assets you have available to you. It is also much more accessible than taking out a large loan. In many cases, home equity […]

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9 May

How to Improve your Credit Score

General

Posted by: Deb White

When applying for any sort of loan, one of the most important metrics a lender is going to look at is your credit score. But what really is a credit score, who keeps track of it, and most importantly, how can you improve yours? There are a few simple ways to keep your credit score […]

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26 Apr

INCOME QUALIFIED

General

Posted by: Deb White

Will your Income Qualify you for a Mortgage? There are several different ways a borrower can qualify for a mortgage when it comes to their income. One of the most common ways is known as income qualified. All of the following methods of employment income are under the income qualified umbrella: Annual salary income employees  […]

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19 Apr

WHEN DEATH STRIKES SUDDENLY

General

Posted by: Deb White

Be prepared! Recently I was finishing up a mortgage with a young couple who had just had a beautiful baby girl. I brought up the topic of mortgage and life insurance as well as getting a will written up. The response from the husband was that it was such a morbid topic and a real […]

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12 Apr

TRANSFERS AND SWITCHES

General

Posted by: Deb White

Looking to get a lower interest rate on your current mortgage? A transfer/switch may be an option. Transfer/Switches are when you opt to transfer your mortgage to a new lender in order to take advantage of a lower rate. A transfer/switch does not include additional money to the existing mortgage balance owing, your mortgage amount […]

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5 Apr

WHAT IS AN UNINSURABLE MORTGAGE?

General

Posted by: Deb White

Not all mortgages are insurable. With the mortgage rule changes in recent years, lenders have had to make some adjustments to their rate offerings. There are different tiers and rate pricing based on the following 3 categories: 1) Insured – a mortgage that is insured with mortgage default insurance through one of Canada’s mortgage insurers, […]

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29 Mar

RENOVATING? CONSIDER A REFINANCE PLUS IMPROVEMENTS

General

Posted by: Deb White

A Refinance Plus Improvements can make a big difference! Read on. Let’s take a closer look at how a Refinance Plus Improvements mortgage can get you the extra cash you need to get your renovations completed. The Standard Refinance An everyday refinance allows the home owner to access up to 80% of the fair market […]

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22 Mar

NUTS & BOLTS OF THE FEDERAL 2019 BUDGET | WHAT YOU REALLY NEED TO KNOW!

General

Posted by: Deb White

First time home buyer? Read on! On March 19, the Federal Government announced the official 2019 budget. One major topic on the discussion table (and one we were all holding our breath for) was the discussion of affordable housing in Canada. So just what happened on “Budget Day?” Here are the highlights of the 2019 […]

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15 Mar

MINIMUM DOWN PAYMENTS

General

Posted by: Deb White

Read on for information on minimum down payments! Are you looking for that new dream home, or anything that will get you out of your current rental property so you can officially become a homeowner? If so, what is the minimum amount you are required to put down? Below are three different purchase price categories. […]

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8 Mar

HOW DO YOU KNOW WHEN YOU’RE READY TO BUY HOUSE?

General

Posted by: Deb White

See if you are ready to buy a house. Here are 7 signs that you’re ready to buy your first home… 1. You have saved enough for the down payment Most people think the biggest hurdle to overcome when buying a house is saving up a down payment. You normally need to save at least […]

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