Did you Know?: Self employed individuals with NO income can qualify for up to 80% of the value of their existing home for refinance purposes at best rates. Up to 90% if buying a new home!

Average MLS Resale Prices for Local Markets (August 2013) MARKET RESALE PRICE Halifax $272,069 Saint John $176,632 Montreal $327,165 Ottawa $348,822 Toronto $503,094 Winnipeg $261,666 Regina $311,860 Calgary $432,576 Edmonton $348,758 Vancouver $784,567 Victoria $479,978 Canadian Real Estate Association ________________________________________

special qualifying features apply.

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 […]

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 […]

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 […]