NEW HOME PURCHASE
Are you a First-time Home Buyer? My recommendation to you is get professional mortgage advice! For a great place to start your home buying journey come in to see me at invis Pacific View Mortgages. Buying a home is one of the biggest financial decisions you can make. You’ll want to think about what your best option is considering your mortgage term, prepayment options, refinancing penalties, restrictions, and fees. I can help you determine what you can afford and what a realistic budget may be for your needs. Owning your home involves more than just your monthly mortgage payment. You’ll need to consider the upkeep, utility bills, taxes and home insurance.
The next step is getting pre-approved for your mortgage. I can get your interest rate guaranteed for up to 120 days!
Do you already have 5 percent of your down payment saved up? If not, here are some options for you:
- The Home Buyers’ Plan (HBP) – first-time home buyers can withdraw individually $25,000 or $50,000 with a spouse tax-free from their RRSPs, provided they adhere to the repayment plan.
- Gifted downpayment from an immediate family member – can be a source of funds as long as the home buyer receives in writing that they are not required to pay the money back at any time.
When you’re ready to start shopping for a home start small. That way you can get into the real estate market in a manageable way and build your equity until you can afford your dream home. Don’t forget to plan for extra costs like Realtor fees, a home inspection and lawyer fees. I can help you figure out what those costs are, so you aren’t taken by surprise.
I’ll also help you strategize to pay off your mortgage faster! There are self-employed programs available to you as well as a flexible down-payment program.
MORTGAGE RENEWAL
Is it time to renew your mortgage? When your mortgage comes up for renewal you can renegotiate your amortization, your rate & term with no penalties. You’ll definitely want to get the best deal you can, and I can help you get it! You might want to consolidate debt as this time too. Or, you may decide you want to take equity out for home renovations, investments or purchasing another property. I work for you and I have access to a wide variety of lenders so I can always make sure you are in the best position possible. Contact me when you’re six months from renewing your mortgage, and I can review all your options and strategize with you about your financial future.
I do the shopping for you! Invis Pacific View Mortgages has a no-cost switch program and I can guarantee the rate 120 days ahead of the renewal date. Call me to get your rate locked in.
REFINANCING
Did you know you can take equity out of your home, consolidate high interest rate debts and lower your monthly payments? I can explain how this can work to your advantage.
You can also renovate your home & refinance up to 90% of the value of your home. Invis Pacific View Mortgages has home equity lines of credit available to help you.
SELF EMPLOYMENT OPTIONS
I can also help you if you are self-employed. Invis Pacific View Mortgages has programs for self employed clients without traditional income verification. There are also high-ratio insured financing up to 90% for purchases & 85% for refinances. *Proof of self-employment will be required.
NEW CONSTRUCTION MORTGAGES
- Progress draw mortgages available
- Self build options as well as contractor build
Contact me for more information about any of these mortgage options. Click here to send me an email…
