Helpful Staff Tips
When in Power of Sale, time is of the essence. It's extremely important to contact a mortgage professional as soon as possible, ideally when you first get the Notice of Sale. Acting fast will not only save you money, but also minimize the stress and anxiety related to the process.
It's always best practice, and worth the extra time, to consult with a mortgage professional that you know you can trust, who has your best interests in mind, before you make a final offer on a home that you are not 100% sure about.
When you require info on mortgage finance you should never procrastinate. This can lead you to larger mortgage expenses with rates, stressed decisions forcing the wrong lender, etc. Leaving important decisions to the last second can cost you more.
You can withdraw up to $35,000 from registered retirement savings plans and repay it over 15 years without any tax. Your spouse can also withdraw the same amount to help you buy a home in Canada. This improves your value-to-loan ratio and thus, enables to save on mortgage insurance premium.
Don't quit or change your job even if the mortgage has been approved, it's better to delay until your mortgage is closed.
Before submitting a deal to a lender. Make sure we get the full story from the client, so the underwriter looking at the file can review and provide a prompt response.
Communities We Serve
We provide service throughout all of Ontario with a focus on the following cities: