The job of a Mortgage Professional is to provide our customers with unbiased mortgage options and professional financial advice. Knowledge of the lender guideline and and providing the best available interest rates is a very important part of our job. Giving professional financial advice on how to build and maintain … Read More
BC HOME Partnership Program
On January 16th 2017 the BC provincial government rolled out its latest Housing Action initiative called BC HOME Partnership Program. This partnership is provided strictly for First Time Home Buyers ,it will assist them by providing a loan for a portion of the required down payment when buying their first … Read More
Home Equity Loans for Debt Consolidation, Is This Right For You?
What is a home equity loan? Equity is defined as the value of the home minus any debts that are owed. A home equity loan is a mortgage loan in which the equity in the home is used as collateral. So the consumer borrows against the equity in the home … Read More
Registered Retirement Savings For Use as Down Payment on Mortgage
Two out of three people living in Canada are homeowners. However, getting into a home can be expensive from the down payment to the closing costs. The Canadian government knows how hard it is to come up with the funds for a down payment for a home and they have … Read More
Subsidized Housing Pays Big For Investors
What is subsidized housing? Subsidized housing programs are government-funded, assistance programs that are designed to help people with low to moderate income by paying all or part of their housing expenses to keep them stably housed and off of the streets. Most people that have heard of subsidized housing often … Read More
First Time Buyers Mortgage Incentive Program
Did you know one out of every three Canadians owns a home somewhere in Canada? Real estate is a great investment. There continue to be incentives to help first time buyers achieve the dream of home ownership because, for most, the upfront costs of getting into the home are the … Read More
The Return of a Lifetime
Looking to make the return of a lifetime? It’s much closer to home than you think. Have you ever considered that the home you’re living in could be making you money? Or that it could be making your money even while you’re still living there? It’s true and much more … Read More
15% Foreign Owner Property Transfer Tax in Vancouver. How It Works And Why It Was Implemented
As part of an effort to make homeownership easier and more affordable to Canadians, the BC government has introduced a new tax that shall be applied to foreign nationals purchasing a property. The imposition of this 15% property transfer tax, in addition to regular transfer taxes applied to home purchases, will create … Read More