26 Oct

PAYMENT FREQUENCY, DOES IT REALLY MAKE A DIFFERENCE?

General

Posted by: Prabhjeev Gambhir

PAYMENT FREQUENCY, DOES IT REALLY MAKE A DIFFERENCE? It has been said that there are two certainties in life; death and taxes. Well, as it relates to your mortgage, the single certainty is that you will pay back what you borrowed, plus interest. However, how you make your mortgage payments, the payment frequency, is somewhat […]

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21 Aug

EVERYTHING YOU NEED TO KNOW ABOUT REVERSE MORTGAGES

General

Posted by: Prabhjeev Gambhir

Wouldn’t it be wonderful to be able to have money to do more of the things you love? To be able to have the freedom to pursue things you truly enjoy, especially in your Golden Years? Enter in a CHIP Reverse Mortgage! A Reverse mortgage is a simple and sensible way to unlock the value […]

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18 Aug

WHAT DOES THE FUTURE HOLD FOR MORTGAGES?

General

Posted by: Prabhjeev Gambhir

There have been a dizzying number of changes to the mortgage rules over the last six or seven years. The red hot markets in Toronto and Vancouver coupled with increased household debt and concerns over the risk to the Canadian tax payer through CMHC have caused the federal government to step in repeatedly. Here are […]

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31 Jul

FIVE POINTS TO CONSIDER BEFORE YOU LIST YOUR HOME

Mortgage Tips

Posted by: Prabhjeev Gambhir

FIVE POINTS TO CONSIDER BEFORE YOU LIST YOUR HOME There are several things to consider before you take the plunge and put your home up for sale. This might sound obvious, but the first step is to call your mortgage broker, not your lender directly or your realtor. You don’t have to look long for […]

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27 Jul

TOP 8 QUESTIONS ABOUT REVERSE MORTGAGES

Mortgage Tips

Posted by: Prabhjeev Gambhir

TOP 8 QUESTIONS ABOUT REVERSE MORTGAGES Having completed dozens of reverse mortgage deals, there are some questions that I find I get over and over again. So today I thought I’d write a piece on the 8 most common reverse mortgage questions that people in Canada have regarding reverse mortgages. 1- If I have an […]

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17 Jul

HOW TO SHOP FOR A MORTGAGE

Mortgage Tips

Posted by: Prabhjeev Gambhir

For many people, a home will be the largest purchase of their life. It stands to reason then, that when you are shopping around for your mortgage you will want to take certain steps to ensure you are getting the sharpest rate and best product. We have a few pointers to make you a savvy […]

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7 Jul

5 WAYS TO BOOST YOUR FINANCIAL FITNESS

General

Posted by: Prabhjeev Gambhir

Thinking about buying your first home? The race to home ownership is more like a marathon than a sprint: diligent planning, pacing and strategy are the keys to success. Are you ready to approach the starting line? Here are five ways to shape up and boost your financial fitness so you’re set for success. 1. […]

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5 Jul

THINGS MORTGAGE PROFESSIONALS WISHED THE SELF EMPLOYED KNEW

Mortgage Tips

Posted by: Prabhjeev Gambhir

This is the third part of a series by Pam Pikkert of things the average mortgage professional wished people knew so that they would not be held back by inadvertent missteps. The next installment in the things we wished people knew series is targeted at the self-employed. This intrepid group of risk takers are entrepreneurial […]

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29 Jun

WELCOME TO CANADA-BUYING A HOME IN CANADA IS A BIG STEP

Mortgage Tips

Posted by: Prabhjeev Gambhir

Oh Canada; Our home and Native Land. The land of opportunity. You’ve arrived in a new country with hopes and dreams. If you’re an immigrant like me, one of these dreams is to own a home, and what better way to put down roots. The first thing you want to do is open a bank […]

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