Every buyer of a principal residence, no matter if you’re a first time buyer or have bought ten times prior, is eligible for the 5% down program. When buyers between 5% and up to 20% down, the mortgage must be insured by one of Canada’s 3 mortgage insurers (CMHC, Genworth & Canada Guaranty). -The maximum […]
General Information
RRSP Home Buyers Plan
The Canadian government’s Home Buyers’ Plan allows first time home buyers to borrow up to $25,000 from your RSP for a down payment, tax free. If you’re purchasing with someone else who’s also a first time home buyer, you can both access $25,000 from you RRSP for a combined total of $50,000. However, since the […]
Home Winterization
Winterization is the process of preparing a home for the harsh conditions of winter. It is usually performed in the fall before snow and excessive cold have arrived. Winterization protects against damage due to bursting water pipes, and from heat loss due to openings in the building envelope. Inspectors should know how winterization works and […]
Lead Generation by the Numbers
This is for all my self employed, commission, clients! And of course non clients! Hot Tips 391%: Leads called with 60 seconds have a 391% better chance of converting 138%: Attempting contact at least six times can increase the contract rate by 138% 3 or More Texts: Sending three or more purposeful text messages after […]
How Brokers Operate: Some Stats
This is a pretty interesting article with some interesting stats. Thankfully I’m on the good side of this and live and breath mortgages daily and have for 10 years! The vast majority of mortgage brokers recommend suitable mortgages, according to a new report from the Mortgage Broker Regulators’ Council of Canada (MBRCC). That’s vital because, […]