Tag: toronto

Self-employed? What you need to know about getting a mortgage

December 22, 2014 | By | 1 Comment

Are you an entrepreneur? …  Or a small business owner, freelancer, consultant, contract employee, or working in a capacity other than full-time salary? Salaried employees can easily prove their income with a T4 slip. If you’re self-employed, chances are you’re working with an accountant and working really hard to report income that’s as low as you can […]

Continue Reading

Opening doors, not building walls – the Dec 2014 Home and Mortgage Newsletter

December 1, 2014 | By | Add a Comment

Self-employed?  Come up against “the wall” yet? New mortgage rules are constantly being added in Canada.   We’re expecting changes coming up later in 2015 as well.  Here are some tips to get around the self-employed mortgage wall.  Read more in the December issue of the mortgage newsletter here… Starting smart…  The stats show more […]

Continue Reading

First-time homebuyers: what do you deserve?

November 25, 2014 | By | 1 Comment

I work with many first-time homebuyers in Toronto, Mississauga, Oakville, and beyond.  Some have already talked to a professional of one type or another about their mortgage, others haven’t. All of them seem surprised at the time I take to provide them with information, options and scenarios that they could choose. “Why doesn’t everyone work with a mortgage broker?” … […]

Continue Reading

Reverse mortgages in Canada: why are they getting more popular?

September 1, 2014 | By | Add a Comment

Reverse mortgages – understand the facts I’m always fascinated when misconceptions surround a financial product. It seems as if something that can make exciting or controversial cocktail conversation becomes treated as fact, especially if it could potentially impact our money. One such financial product is the reverse mortgage. I have to admit that I myself have been guilty of judging […]

Continue Reading

3 Steps to Buy Your First Home

June 1, 2014 | By | Add a Comment

This is for you, first-time homebuyers of the GTA! Talk about mixed messages. You think you’re ready to buy your first home, but then you start reading the news and there’s all this exciting doom and gloom stuff being talked about.  Writers express concern that tightening mortgage rules might push first-time homebuyers and investors out of […]

Continue Reading

Mortgage payout penalties – think all lenders are the same? Think again…

May 16, 2014 | By | Add a Comment

Mortgage lenders are not all created equal I deal with many different mortgage lenders, big and small banks, credit unions, and non-bank lenders alike, and they all come with both pros and cons.  Depending on your situation, a bank lender may be the perfect fit, or the last lender you should be considering. There is no […]

Continue Reading

Buying a home after bankruptcy? What to expect…

April 14, 2014 | By | 44 Comments

Buying a home after bankruptcy? If you’ve declared bankruptcy in the past, know that you’re not alone.  Further, know that your situation is nothing to be ashamed of.  No one wants to declare bankruptcy; sometimes, it may be the only solution to a difficult situation.  If you’re now thinking of buying a home after bankruptcy, you […]

Continue Reading

Smart RRSP strategies for first-time homebuyers

February 15, 2014 | By | 3 Comments

RRSP: To contribute or not to contribute? The RRSP contribution deadline is looming – it’s March 3rd this year – and I’ve gotten quite a few calls and emails over the last couple of days from people scrambling to make a last minute decision on whether or not to max out their RRSP, because they expect […]

Continue Reading