Expanding eligibility for 30 year mortgage amortizations for all first-time homebuyers and all buyers of new builds Definition of a first-time homebuyer, a borrower must meet one of the following criteria: Definition of a newly constructed home Increasing the $1 million price cap for insured mortgages to $1.5 million The downpayment requirements for the loan […]
My home selling journey during COVID-19
I had to put my home on the market during the first COVID-19 lockdown – almost exactly 4 years ago on April 5, 2020. I had purchased a new construction home in 2019 that was going to be ready in June 2020. Despite lockdowns, social distancing, school closures, only essential businesses being open, masking and […]
Buying a house is different the second time around
You do the research, save the downpayment, attend the first-time home buyer seminars, utilize the programs, and buy your first home. But a few years later, your life and future plans have changed and it is time to move. Now what? Buying a house the second time around is different. Some common questions: – Do […]
I want the best mortgage for you – even if it’s with someone else
A few months ago, I met a good friend from Ottawa for dinner in Brockville. As our conversation turned to my new career and how it was going, she sheepishly mentioned that a family member is currently their trusted mortgage professional and she won’t be a client of mine. I’ve had this conversation a few […]