Now, more than ever, you need a Mortgage Broker on speed dial!
Broker vs. Bank / Credit / Debts / Documents / Downpayment / First Time Home Buyer / Helpful Tools / Income / Lenders / Market Updates / mortgage / Mortgage Renewal / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Refinance / Rules / Uncategorized

Now, more than ever, you need a Mortgage Broker on speed dial!

Whether you’re looking to buy your first home or refinancing your rental property, the mortgage landscape is far different than it used to be due to all of the mortgage changes. Based on many years of mortgage underwriting experience while working with the banks for 20 years and as a Mortgage Broker for the last … Continue reading

Does your Business need equipment?
Business cash flow / cash-flow / Credit / credit help / Debts / Equipment leasing / Inventory financing / Leasing / Leasing turn down / merchant advance / Qualifying / Rules / Uncategorized / unsecured loans / working capital

Does your Business need equipment?

Does your business need equipment? Purchasing new equipment places heavy demand on available capital. By leasing equipment, you can keep your cash reserves and credit lines open. Leasing comes out of the operating budget, making it possible to invest working capital where it’s needed most. The result is increased efficiency and productivity and a healthier … Continue reading

Six helpful tools that can become money traps!
Credit / credit help / Debts / Downpayment / Helpful Tools / Purchase / Uncategorized

Six helpful tools that can become money traps!

We all want to be better money managers and Canadians, and for the most part, we are pretty good at it. Then an offer comes along that you can’t resist and before you know it, that great offer or tool that was once helping you, has become a trap. Credit cards. For some of us … Continue reading

MortgageGirl Answers Frequently Asked Questions (Fall 2017)
Broker vs. Bank / closing costs / Credit / Debts / Downpayment / First Time Home Buyer / Income / Lenders / Market Updates / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rates & Terms / Rules / Uncategorized

MortgageGirl Answers Frequently Asked Questions (Fall 2017)

Do you have mortgage questions? The MortgageGirl can answer today’s most commonly asked questions How much does the “Bank” say I can afford? For the answer, know your taxable income along with the amount of any debt outstanding along with the minimum monthly payments. Assuming it is your principal residence you are purchasing, calculate 35% … Continue reading

You can’t live in your car!
Broker vs. Bank / Credit / Debts / Income / Lenders / mortgage rule changes / Pre-Approvals / Purchase / Qualifying / Rules / Uncategorized

You can’t live in your car!

When it comes to qualifying for a mortgage, the current debts you have can determine what purchase price you can buy at. I often hear from people who have worked very hard to maintain a good credit score and have finally saved up the down payment and are now ready to buy. However, after my … Continue reading

Relationship Breakdown Mortgage Refinance
Credit / Debts / divorce / Downpayment / Lenders / Mortgage Renewal / Purchase / Qualifying / Refinance / Relationship Breakdown / Rules / Uncategorized

Relationship Breakdown Mortgage Refinance

If you own and live in a home with a sibling, partner or spouse, common law or married, and have decided to part ways; read on. I believe one of the most stressful issues of a relationship breakdown is what to do about the jointly owned home and mortgage. Over the years I have helped … Continue reading

Broker vs. Bank / Credit / Debts / Documents / Downpayment / First Time Home Buyer / Income / Lenders / Market Updates / Mortgage Renewal / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Rates & Terms / Refinance / Rules / Uncategorized / Variable Interest Rates

Why asking “dumb” questions is quite smart!

There is no such thing as a dumb question. In fact, the smartest thing you can do is ask the most basic question you can think of. The MortgageGirl welcomes and encourages her clients to ask all kinds of questions during the complicated mortgage process. Some of the more common questions the MortgageGirl gets are: … Continue reading