Is your Line of Credit Killing your Mortgage Application? Some of the last round of changes from the government regarding qualifying for a mortgage were that if you have a balance on your unsecured line of credit, then to qualify for mortgage the lenders require that we use a 3% payment of the balance of […]

5 Tips on how to get out of debt and into your own home To get out of debt, you need a plan and you need to execute that plan. That’s why I’ve created this simple, five-step, get-out-of-debt checklist that can help you leave that financial burden behind you. As you work on your plan, […]

Rent, Own, or Do Both? There are generally three different situations you can find yourself in when it comes to living situations; living with parents, renting, or owning. A lot of the times the first decision someone will need to make is whether they buy a home to live in, buy a home to rent […]

A CHIP Success Story A few years ago, I met with my Home Equity Bank representative. He was trying to encourage me to go visit my financial adviser referral partners to offer the Chip Reverse Mortgage product. I explained that I did not know anyone who had a reverse mortgage so it was hard to […]

First Time Mortgages: Expectations Vs. Reality First-time homebuyers are one of our favourite clients! It’s great to work alongside them and teach them the in’s and out’s about real estate, owning a home, and helping them cross “homeownership” off their bucket list. One thing that we find though, their expectations are often not aligned with […]

HGTV’s original boss babe – Sandra Rinomato After taking a turn as the host of Property Virgins and Buy Herself, Sandra Rinomato has come full circle putting her efforts back into Toronto area real estate. Sandra Rinomato fell into a career in real estate almost by accident. It was the mid-90s, and the future TV […]

7 Questions to Help You Decide if You Should Pursue a HELOC, Refinance or Second Mortgage HELOC, Refinance or Second/Third Mortgages? Which one should you choose to go with? If you have decided to tap into the equity in your home, the three can seem to be interchangeable at times and for many consumers can […]

Don’t Forget the Closing Costs When You Purchase a Home The purchase price you negotiate when buying or selling a home is just one part of the total cost for buying a home. In addition to the purchase price there are several other fees – known as closing costs – all of which you need […]

Mortgage Switches and Transfers Mortgage switches and transfers are becoming one of the more popular sources of revenue for certain lenders which means great incentives for borrowers as the banks and financial institutions fight for your business. When your mortgage is up for renewal, your lender will typically send you a letter either 6-months or […]

Keeping Your Credit Score Healthy There is a lot of misinformation floating around about credit bureaus, credit reports and credit scores – not only that, but a large amount of the clients I work with have never even seen their credit report or score before! I’d like to shed a bit of light, as they say, […]