From My Perspective: Risk-Reward of Purchasing Preconstruction and Obtaining a Mortgage

Latest News Deidre Date 23 Jul

Buying a pre-construction property can be an attractive prospect. Builders offer modern amenities, customizable features, and sometimes a lower price than existing homes. The process has its unique risks and challenges, particularly when it comes to securing a mortgage. In this blog post, we’ll explore the key risks associated with purchasing preconstruction properties and obtaining […]

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From My Perspective: Using a HELOC to Purchase an Investment Property

Latest News Deidre Date 18 Jul

In the world of real estate investment, leveraging existing assets to finance new purchases is a common strategy. One effective way to tap into your home’s equity is through a Home Equity Line of Credit (HELOC). Refinancing with a HELOC can provide several advantages when purchasing an investment or recreational property. Let’s explore the benefits […]

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Introducing “From My Perspective”: Insights from a Mortgage Agent and Real Estate Enthusiast

About Me - From My Perspective Deidre Date 18 Jun

Welcome to “From My Perspective”! I’m thrilled to kickstart this journey. As a licensed mortgage agent in Ontario, I’ll be sharing insights, experiences, and knowledge about Canadian mortgages and real estate investing from a lending perspective. It’s more than paperwork In my role as a mortgage agent immersed in the real estate world, I’ve come […]

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From my Perspective: Why the Bank of Canada’s 25-Point Drop Won’t Change Qualifying for a New Mortgage

Latest News Deidre Date 6 Jun

The Bank of Canada’s 25-point interest drop could spark a buying frenzy. While a drop in interest rates signals good news, it’s important to understand that it may not impact buyers’ ability to qualify for a new mortgage. Here’s why: 1. Fixed-Rate Mortgages vs. Variable-Rate Mortgages Today most people are choosing fixed-rate mortgages. These are […]

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From My Perspective: Identifying Your Professional Team in Your Real Estate Investment Strategy

General Deidre Date 5 Jun

Real estate investment is a multifaceted venture involving various stakeholders, each playing a critical role in helping you ensure its success. Understanding who these stakeholders are and how they impact your strategy is essential for making informed decisions and achieving your financial goals. Let’s dive into identifying all stakeholders involved in your real estate investment […]

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