When I ask “Do you have mortgage insurance?” I often get either one of these two responses:1) I put in more than a 20% downpayment so I didn’t have to pay itor2) I have enough term/whole life insurance to cover pay off my mortgage Both can be valid responses depending on the context because both […]
I offer Canada-wide mortgage services
I’ve had the privilege of providing mortgage advice to friends from coast-to-coast from Kelowna to Saskatoon to St. John’s. I’ve completed many mortgages across Ontario in the GTA, Picton, Kingston and Cornwall (even one in St, John’s, Newfoundland)! Whether you’re in Kincardine, Peterborough, Oshawa, Ottawa, Montreal, west coast, east coast… Whether we are family or […]
Two types of credit bureaus and how to track them
In Canada, there are two credit bureaus: Equifax and TransUnion. Your credit score is a number ranging from 300 to 900, which is determined by credit bureaus. Your credit score reflects your creditworthiness and the probability of you repaying your debts. Scores over 660 demonstrate that you can manage credit effectively and that a lender […]
Options to pay your mortgage off faster
Most people want to pay their mortgage off in the least amount of time. Biweekly payments to have extra payments a year? Yup. Shorter amortization period to pay more principal for each payment? Done. Option to increase your payments by 20% once a year? I’ll show you how. Adding extra lump sum payments in a […]