Deal Of The Week: Consumer Proposal Wipe Out
Consumer Proposal: WIPED OUT Property: Owner-Occupied Detached Home Mississauga, Ontario The Deal: Refinance Property to pay out existing 1st mortgage & wipe out consumer proposal so they can save money
Deal Of The Week: October 21
Throwing A Lifeline Property: 2-Story Detached House Location: Pickering, ON The Deal: Couple had overextended credit with several late payments, plus existing 1st & 2nd mortgage. Matrix Mortgage Global Funded: New
Become a Matrix Mortgage Global Referral Partner!
Last week we asked our clients if they were “Feeling the Crunch” and having difficulty managing their expenses this year. An overwhelming majority of our respondents said ‘YES! Times are
Mortgage Rule Changes Effective October 17
Canadian mortgage regulators announced that, as of October 17, all CMHC-insured high-ratio mortgages (downpayments of 20% or less) will have to be qualified using the Mortgage Qualifying Rate (MQR) which
Toronto Neighbourhood Feature: The Canary District
From The Pan-Am Athlete’s Village to Booming Canary District The story of the Canary district is one of triumph, luck and transformation. Unlike so many other cities that create
Deal Of The Week: A Tricky Split
A Tricky Split The Story: Husband & Wife recently divorced. They have combined unsecured debts over $100k with R4 status. Husband had credit score of 510 and is a
Deal Of The Week: Investor Purchase + Renovation
DEAL OF THE WEEK Purpose: Clients needed funding for a investment home purchase + renovation for a single family detached house in North York. “As Is” Value: $800,000 “As If
Pre-Construction Condo Conundrum
August 25 Deal of the Week – Pre-Construction Condo Conundrum! Lawrence purchased his pre-construction Condo in Toronto in 2013 and ran into problems when it came time to find a
Millennial Migration Due To Red Hot Market
The numbers are in: Canadian home prices have been growing by 2.0% per month on average, and 10.9% year-over year. The red-hot Toronto market saw a 3.1% increase in home