When you are playing a game of golf or chess you are always anticipating and planning your next move, that is what I am here to do for you. I am here to help plan for each move and adjustment you make with your mortgage - let’s make you the winner!

Mortgage brokers have stories to tell, and while we keep your privacy paramount, we do love to talk amongst ourselves about specific mortgage deals we’ve been able to get approved against all obstacles! Mortgages are complicated (despite what some might try to tell you), but as mortgage brokers, we LOVE the challenge of a complicated mortgage application and the thrill we get when we are able to tell our clients that their mortgage is approved, and the thrill of telling our colleagues how smart we are, is almost as good! 

There are hundreds of financial institutions and financial experts who want your business. They all claim to have the best rates and the best service. They all have plans and promotions. They all have angles.

Have you considered PORTING your Mortgage?

PORTING your mortgage and/or PORTING your default insurance premium (CMHC, Genworth or Canada Guaranty) can save you THOUSANDS of $$$.

Now that your financing is all approved and you have met all conditions of your offer to purchase the next step is to meet with your lawyer to complete the transaction. You can expect to see your lawyer approximately two weeks prior to your scheduled possession date. The following are a few of the costs and other things you will need to consider for that meeting. Please keep in mind that these costs are an estimation - your lawyer will have the firm numbers.

Many of us are still struggling with how the Covid 19 Crisis is going to impact our lives. If you are still uncertain about your mortgage and how to plan for the future, please don’t hesitate to contact me so that we can review your options and decide if any of the options below might help to ease your mind and put you in a more comfortable financial...and mental position!

In the spring of 2020, in order to keep you safe, mortgage brokers, lenders, lawyers, appraisers and title companies, realtors and home inspectors have all come together to offer you mortgage solutions that are either contact free or require minimal contact with your safety in mind.

I hope everyone is well and remaining sane during this time of isolation and stress. For those of you who are still working in positions that are essential or where you are at risk, please know that I am so grateful for you and I hope that before anything else you are able to look after your own health and do not feel uncomfortable about doing that.

Homeownership may play a large part in your “Canadian Dream.” The good news is that buying your first home is not as difficult as you may think. Here are three things that will help you get started on your journey to homeownership:

Have a plan and save yourself some money!

How to save money on your mortgage renewal. To get a quote on your renewal complete the form on www.edmontonmortgagebroker.ca

Home Buyers Plan requires that RRSP withdrawals for home purchase have to be paid back to your RRSP over a period of 15 years. As of this year, you can withdraw up to $35,000 from your RRSP to use towards your first home down payment.

Finding the right mortgage for your specific needs at the best possible rate can be difficult. Below are a few questions to ask before deciding which product is right for you 1. What is the rate drop policy with respect to pre-approvals? A good lender will pre-approve you at a certain rate for 120 days. If rates drop during that timeframe and you decide to close on your mortgage, you should qualify for the lower rate. If rates increase, you still have the benefit of the lower rate 2. What factors can affect my approval? While a lender may pre-approve you at a certain…

As an Axiom Broker, my role is to take a longer term view and create options to help you to plan for the worst. Life happens, and circumstances beyond your control; job loss, health issues, business challenges, lawsuits, divorce, etc. can quickly derail even the best of us and put us in a difficult financial position.

WHAT TO EXPECT AND BEST PRACTICES

KNOW AND UNDERSTAND ALL OF YOUR OPTIONS

Available Sept 2, 2019

Features of Program

Your credit score is probably the most important component of your mortgage application because it's the primary factor that banks and lenders use to determine your creditworthiness.

WHAT TO EXPECT AND BEST PRACTICES

Here is what you need to know:

Definition of a Condominium (from Condominium Property Act):

A condominium is a form of real property ownership that has two distinct parts: you own your condominium unit to which you get a title, and you also jointly own common property with the other unit owners in your complex. Owning a condominium is not the same as renting an apartment where all the
duties and responsibilities of running the building are handled by the building owner and caretaker. In a condominium complex, ownership responsibilities belong to you and all the other unit owners in your
condominium corporation. Some examples of residential condominiums are an apartment within an apartment building, a duplex, a bungalow, or a townhouse.

As a small business owner, in case you don’t already know; you are measured against a higher bar when obtaining mortgage financing. In order to qualify for traditional mortgage financing you must meet all the following criteria: