Purchase
Professional mortgage advise is an excellent way to start.
First time home buyer
If its your first time buying a home, you are in luck. There are several initiatives by the government that are there to make home ownership more accessible for anyone. Some of these initiatives include:-
CMHC Home buyer’s incentive
This incentive is offered by the Canada Mortgage and Housing Corporation, this helps first time home buyers increase their down payment. The incentive is an interest free loan that must be paid back within 25 years or when the property is sold. The goal of this is to add to your current downpayment, it amounts to 5% of the property value for existing properties and up to 10% for new builds. -
HBP Home buyer’s plan
This plan is designed to let you make a tax free withdrawal from your RRSP or retirement savings account to use as a down payment to buy a home. This allows each applicant to withdraw up to $35,000 with 15 years to repay starting two years after the withdrawal, interest fee. -
Ontario First Time Home Buyer Initiative
This initiative means that you can receive a land transfer tax rebate of up to $4,000 meaning that if the home you purchase is less than $368,000, you will pay no land transfer tax. If the purchase price is above that, then you would get a credit of $4,000 towards the land transfer tax.
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Rushed Approval
For individuals requiring a short closing time frame, I am able to offer swift and effortless approvals, as well as rushed closing options. -
No Credit Requirements
I have a comprehensive list of reputable lenders, including banks, credit unions, trust companies, and private lenders, which enables me to locate a mortgage product that is tailored to your precise requirements. -
Promotional Rates
As a result of the volume of mortgages I fund on a yearly basis, I am able to gain entry to exclusive promotional rates that are not made public through my network of lenders. -
Equity Based
Our guidelines are simple, if your property has equity in it, you will be approved.
