Ingrid McGaughey (Author's Website)
I'm a Toronto Mortgage Broker. My focus is on saving people time and money in financing and re-financing their homes. Am passionate about helping people make informed choices, giving back, and helping to improve financial literacy in Canada.
How to boost your down payment with shared equity programs
Leveraging shared equity programs to boost your down payment Dreaming of owning a home but finding saving enough for the down payment to be daunting? Here’s a bit of good news: you may be able to make your homeownership fantasy a reality sooner, with the help of shared equity programs. Here are some pros and […]
Mortgage after bankruptcy – how to get a fair deal
How to get a fair mortgage deal after bankruptcy Buying a home is a significant milestone, and it can feel daunting, especially after going through bankruptcy. However, owning a home after bankruptcy is achievable with careful planning and a proactive approach to securing a mortgage. In Canada, there are specific steps and strategies to help […]
Private mortgage lenders: how to use them successfully
If your mortgage broker suggests a private lender mortgage, you’ll probably have many questions. That’s a good thing! In order to use private lenders successfully, you need to make sure you understand how this choice will work for you. Just as importantly, you need a plan for how you’ll move on and replace the private […]
Quick and dirty deets on the new First Home Savings Account
Can the FHSA help you buy your first home? On April 1, 2023, the Canadian government introduced the First Home Savings Account (FHSA) that is basically a hybrid between an RRSP and a TFSA. Like an RRSP, the FHSA reduces your taxable income, giving you either a bigger tax refund (which you can use to increase your […]
Seniors and reverse mortgages: unlocking your home’s value
Aging in place with confidence: how reverse mortgages can benefit you If you’ve reached that point in life where you’re thinking about the years ahead and what you want them to look like, your financial plan plays a big part in the options available to you. The idea of ‘aging in place’ – staying in […]
How to buy your first home in 10 steps [infographic]
A 10-step roadmap for first-time homebuyers: how to buy your first home The journey to buy your first home is an exciting and pivotal time in your life. In my work as a mortgage broker I’ve had the privilege of helping many people find their first homes, so I understand that this process can also […]
Buy a home after bankruptcy – here’s how
Think you have to wait 7 years after bankruptcy before you can get a mortgage? That’s a myth. You can actually get a mortgage the day after you get discharged – though you might not want to. To find out how to buy a home after bankruptcy with your eyes wide open, read on! 1. […]
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