Buying Your Referral – How It Effects You As The Buyer/Seller In The Mortgage Process
As a mortgage broker I follow a value proposition of providing my clients an unbiased resource to help them make the most educated mortgage decision. My business is built on developing relationships with real estate agents, lawyers, financial planners etc so they will send me their clients in order to [...]
Purchase/Refinance Plus Improvements in New Brunswick
Let's start with a little story. I have met with my clients and pre-qualified them for a mortgage. They have saved their down payment and they have their closing costs plus a little extra for any surprises. I send them on their way to look for a home. The clients [...]
Purchasing/Refinancing Multi-Unit Rental Properties in New Brunswick
A few weeks ago I did a blog in regards to purchasing/refinancing rental properties up to 4 units. This week we are going to talk about rental properties that have over 4 units in them. While there are still some lenders who will entertain financing for 5 and 6 unit [...]
Purchasing/Refinancing Rental Properties in New Brunswick
Have you ever thought about buying a rental property? The rules within the last year have changed and I will go through the main guidelines as it pertains to these type of properties. There are basically 2 types of properties we need to discuss under the residential rental programs. They [...]
Grow Houses in New Brunswick – What You Need to Know!
This topic normally does attract a lot of comedic comments but it's a serious and growing (no pun intended) problem. A grow house is basically an illegal indoor hydrophonic marijuana grow operation. The damages that occur from a grow operation are substantial. According to the Insurance Bureau of Canada the [...]
Mortgage 101
I have always believed that financing should become part of the school curriculum. This is the reason for this blog. It is a simple breakdown of what a mortgage is and what is required to get a mortgage. A mortgage is basically a loan to finance the purchase of real [...]