Brent,
Thank you, and your team for all of your wok in helping me purchase my first home.
I am appreciative of all you have done. The first few months here have been wonderful
Sincerely,
Jordana
Thank you!
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Mortgage Blog
Is your Mortgage up for Renewal this Year?
Here are some tips to ensure the process goes smoothly and you get the best rate available(that suits your own financial situation). Start Early: We have a system that reminds clients 6 months, 3 months and 1 month in advance via email about an upcoming renewal. We also try to followup with a phone […]
Mortgage Broker vs Banks?
An interesting article from the Toronto Star this past week talking about the benefits of working with a Mortgage broker or a bank. https://www.thestar.com/life/advice/2018/07/31/mortgage-brokers-vs-banks-the-pros-and-cons.html As a mortgage brokerage we are a bit biased in that our service is a good one and many of our clients in Winnipeg feel the same way. We are constantly […]
Big Banks Defending Sales Practices
With Canada’s big banks defending sales practices at nearly every public forum, a new scandal may be just around the corner. In the last several weeks, several articles have been printed about the big banks forcing employees to mislead or even directly lie to their customers to increase sales. The articles have struck a chord […]
CMHC has some concerns with the Winnipeg Housing Market
After returning from our annual Mortgage conference and hearing positive reports from the big banks, mono-line lenders and other leaders in the our industry the outlook for next year appeared to be looking good. After reading CMHC’s fourth quarter housing outlook it may be that Winnipeg will have a few bumps in the road to […]
January 1 is fast approaching, do you know how the new changes may affect you?
In October, OSFI implemented 3 new mortgage rule changes starting January 1, 2018. Here are the changes and what it means for buyers and homeowners. 1) Qualifying Rate Stress Test for all uninsured mortgages Uninsured mortgage consumers must now qualify using a new minimum qualifying rate. The rate will be the greater of the five-year […]
More changes to come as Mortgage rates are about to increase?
With mortgage rates appearing to be on the rise this week borrowers may be faced with more challenges than just higher interest costs in the future. It seems the new Government is not done with their changes nor are they looking to get any input from industry experts. After Mortgage Professionals Canada lobbying in Ottawa […]
Your Mortgage Broker Is the Specialist You Need
Your mortgage broker is the specialist in the mortgage industry. Unlike banks, mortgages are the only thing a mortgage broker sells. There are no other products that need to be learned. It’s mortgages. Banks typically offer higher mortgage rates than the rates that are available. You need to negotiate with a bank to try and […]
Do First-Time Home Buyers Work with a Bank or a Mortgage Broker?
A dilemma first-time home buyers when trying to secure a mortgage is whether to work with a bank or a mortgage broker. Today, the issue is compounded by overheated housing markets with skyrocketing prices and government rule changes designed to dampen the housing market. In the fall of 2016, the government pass new laws requiring […]
The Mortgage Stress Test Is Changing First-Time Home Buyer Strategies
First-time home buyer strategies in Winnipeg need to change because of the mortgage stress test and rising home prices. In the fall of 2016, Ottawa implemented the mortgage stress test to ensure home buyers can meet mortgage payment obligations if interest rates rise. If you require an insured mortgage, you must qualify for payments based […]
Soft First-time Winnipeg Home Buyer Sales in April 2017
Soft first-time Winnipeg home buyer sales in April 2017 are the reason Winnipeg home sales were down 5% from April 2016, according to the WinnipegREALTORS® Association. Unit sales in April 2017 of 1,300 were down 5% from a record April in 2016. For residential-detached properties under $300,000 there was a 15% decrease in sales activity […]
The Mortgage Stress Test Is Affecting Winnipeg Home Buyers
The mortgage stress test is having a powerful effect on new home buyers in Winnipeg. The mortgage stress test is a required mortgage calculation ensuring you can afford your mortgage payments should interest rates rise. If you require an insured mortgage, you must qualify for payments based on the Bank of Canada qualifying rate for […]
Most Financial Professionals in Canada Are Licensed Salespeople
Go Public continues its expose of Canada’s big banks with its latest charge that most financial professionals in Canada are licensed as salespeople with no fiduciary duty to clients. Go Public, a CBC News publication, sites a report by the Small Investor Protection Association that nearly 121,000 people registered as financial professionals in Canada, and […]
Big Bank Employees Speaking Out About High Pressure Sales
On March 15, 2017, the CBC News program Go Public published a story about employees from all five big banks in Canada saying they feel pressured to meet unrealistic sales targets and will upsell, trick and even lie to customers. Go Public said it has received nearly 1,000 emails from employees from RBC, BMO, CIBC, […]
What our clients are saying
Todd,
Our family would like to thank you for all of your help in making our mortgage process go smooth and simple. We appreciate all the help and recommendations. You have helped make this move an easy one!
Nick, Jen & Caden
Hi Todd,
We had our meeting with Randall for possession. All good. We have the keys of OUR HOUSE now.
We wanna thank you for all your help. Realy appreciated . Unlimited thanks
Mohamed and Mohamed
Everything is all well with the home. I wanted to thank you for all the help you have given us. I was really a good experience working with you. Rest assured that if somebody is looking for a broker I really recommend your company!:)
Have a nice day and thanks again!
Sheryl
To Brent,
Thank you for all your help/advice in securing a mortgage for our new house. All of the time spent in the form of emails, text messages and conversation is much appreciated. We are enjoying our new house!
Peter & Sam
Thank you for all you guys have done for me. I’ll absolutely pass on good words and have had one person try and go thru a home purchase with you.
Thanks again
Ryan P – First Time Home Buyer