This is a re-blog of our managing director’s MortgageShowDown blog from 28 Sep 2011 12:51 PM PDT Wait a minute, I thought that the government took away 100% financing in Canada – they did, sort of – what they did not take away was your opportunity for a no money down mortgage. Doesn’t this sounds [...]
September 19, 2011
This is a message that as a team of Mortgage Professionals we’re trying to get out to EVERY Canadian homeowner possible! Did you know? According to a 2010 study by CAAMP, on a national average, Mortgage Brokers complete about 50% of all new home purchase transactions. After the fact, Banks renew approximately 90% of [...]
August 30, 2011
By Mary Gazze, The Canadian Press Canada’s national housing agency says it expects the country’s real estate industry will remain healthy in the second half of the year, building on favourable economic conditions in the first six months of 2011 Canada Mortgage and Housing Corp. said Monday that there have been fewer claims under its [...]
November 16, 2010
A common misunderstanding among many clients is that a pre-approval by a lender gives them the 'OK' to start house-shopping, and guarantees that they can purchase a new home. Oftentimes, this is NOT the case.
November 1, 2010
Trimor Home Finance has a fantastic opportunity to save YOU thousands of dollars on your mortgage!
October 19, 2010
In addition to the provincial and municipal rebates that you may be eligible for when you upgrade your home (windows, furnace, roof, etc...), you could also save on your mortgage default insurance premiums if you buy a green home or upgrade your current one?
June 30, 2010
A HUGE part of what we do as mortgage professionals is simplify the home-buying and home refinancing process for all of our clients. During every interaction, we do our best to educate and inform homebuyers and homeowners of the ins and outs of the homebuying process. As a team of 31 Mortgage Specialists, we send in literally dozens of mortgage applications for Canadians on a weekly basis and therefore have an intimate understanding of what the diverse needs of our Canadian mortgage borrowers are, what products exist in the Canadian Mortgage marketplace, and most importantly, in marrying the previous two together, knowing how to structure things properly to give lenders what they want to see as applications come across their desks. With this in mind, we have dissected a mortgage application from the point of view of the lender into four parts. Over the next four days, we will walk through an outline of the most important items that we recommend that mortgage-seekers should take note of to help ensure a smooth mortgage-seeking experience.
October 27, 2011