Looking for a way to ease financial pressure on your family? The latest announcement from the government of Canada could be worth noting. The Canadian government recently announced new refinance rules aimed at making it easier for homeowners to build secondary suites, such as basement apartments or in-law suites. This initiative is part of a […]
Continue ReadingShould You Refinance Your Mortgage?
The Benefits of Refinancing a Mortgage in Ontario After a long, expensive haul, it seems like the smell of interest rate cuts could be in the air. But for Canadians dealing with the burden of high interest rate cuts right now, another solution could offer relief. Refinancing a mortgage might sound like financial jargon, but […]
Continue ReadingHow a Construction Mortgage Works
Building a custom new home in 2024? Let us guide you through the ins and outs of a construction mortgage So – you’re building a home in 2024, “Year of the High-Interest Rate.” Your dreams are big, and for that, we salute you. While it may not be the easiest time to build in Ontario’s […]
Continue ReadingMortgage Renewal – When Should I Renew?
Getting your first home is an exciting milestone. But if you were a first-time home buyer during COVID, our guess is that there has been one thing on your mind ever since – renewals. As interest rates fluctuate, mortgage renewals can bring about uncertainty and concerns. 2023 brought record hikes, which makes it crucial for […]
Continue ReadingGet Your Clients Prequalified in 60 Seconds
… and Add More Value to Your Deals! Tired of Losing Deals Due to Clients without Financing? At Mortgage Wellness, we believe that the first step to homeownership is a solid prequalification. That’s why we’ve made it a priority to offer a fast, accurate online prequalifying tool, making your life easier as a Real […]
Continue ReadingVideo: Top 5 Reasons to Get a Mortgage Pre-Approval Now
Mortgage Pre-Approvals: 5 Reasons Why They are Valuable Is buying a home on your to-do list? Whether you’ve been working towards entering Ontario’s housing market for years or the idea was recently sparked by experiencing a pandemic in an urban area, learning the best way to go about this milestone is key to success. Before […]
Continue ReadingVideo: Finance Construction for a New Home Build in 2020
Top Tips for Financing a New Home Construction Why try to buy your dream home when you can build it for yourself? With the help of a reputable home builder, quality architect, and knowledgeable mortgage broker building your own home is possible! That being said, there is much to understand before you jump in and […]
Continue ReadingChoose a Mortgage Broker to be Your Mentor!
Looking to buy a new home or investment property? To avoid mistakes, lost dollars and countless headaches, you need someone on your side who fully understands the larger picture. Because most of us are far too busy with our own family and work responsibilities, it helps to have an expert keeping tabs on current finance […]
Continue ReadingMarketplace Update During COVID-19
Understanding the Current Marketplace Let me begin with my heartfelt hope that this letter finds you and your loved ones in good health. I wanted to reach out with some words of reassurance. In short…I’m here. We are in uncharted territory, and the mortgage marketplace in Southern Ontario is continually shifting to keep pace with […]
Continue ReadingAutomating the Mortgage Process
Serving Clients Better with Online Options Millennials — followed closely by the Z or iPhone Generation — may be known as the digital generation, however, both Boomers and Generation X are just as focused on finding ways to save time. Research shows that most age groups are prepared to complete their Mortgage Application online and […]
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