special qualifying features apply.
Month: October 2013
Best Variable mortgage rate at prime less .5%
Best 5 year fixed mortgage rate 3.59%
Near a quarter of Canadians are debt-free, while others owe more twenty-four per cent of Canadians say they eliminated their non-mortgage debt in 2013, compared with 26 per cent in 2012 and 22 per cent in 2011, according a Royal Bank of Canada poll on debt. Among Canadians who still have personal debt, the average load has jumped to $15,920, a $2,779 increase from a year ago. From 2011 to 2012, the average overall debt edged just $83 higher.
Are you with the right #Barrie brokerage team? Explore reasons to change your brokerage. http://darick.ca/blog_post?id=9846
Federally-regulated lenders can’t lend more than 80% of a home’s value without the borrower getting mortgage insurance. But a few banks have developed a way around that. What they do is loan the borrower 75-80% LTV as a first mortgage. Then they facilitate a 5-10% LTV second mortgage with a separate private lender.
5 year fixed rate at 3.49% with a 60 day rate hold
Variable at prime less .5%
Limited funds available for these rates. Get your mortgage application in today
If you have been recommended to a bank rep by your realtor ask the Realtor if they are receiving a kick back first.
You may not end up with the best mortgage for you in the end.
Use the services of an unbiased mortgage broker who has your best interest in mind. Their advice is free.
Are you located in Ontario? Are you a mortgage agent or broker?
Are you with a broker that provides monthly sales meetings? $1000 in prizes and awards given out at our last meeting.
Are you with a broker that provides systems that make it easy to qualify your deals? Are you with a broker that provides personal mentorship training?
Are you with a broker that pays out on all commissions at top split?
Are you with a broker that receives special rate pricing with lenders?
Are you with a broker that provides community fund raising events?-
If not call me to find out more about our award winning team at Dominion Lending Yellow Brick Mortgage Group.
• In 2010, over 95% of Canadians aged 15 years and over received some form of income with a median total income of $29,900. • Close to 83% of Canadians received some of their income from private sources. • While 70% of Canadians received some government transfers, 13% received government transfers as their only source of income. Overall, 57% of Canadians received income from both private sources and government transfers. • Income from private sources accounted for 87.6% of total income while 12.4% was from government transfers.