Thank you for coming out!!!
Our 5th Annual Client Appreciation Event was a huge success! Thank you AlexjWilson.com and all of our amazing clients who came out – we hope you had as much fun as we did! It sure looked like you did.
Thank you for coming out!!!
Is there any chance that at some point down the road you may sell your home and move? Then you’re going to want to read this one…
Husband: “Honey, I know we need a bigger house but we still have 2 years left on our 5 year mortgage term. We’ll have to wait. We don’t want to have to break our mortgage and pay the penalty….I read Loewen…
Small Print = HUGE PENALTIES…….unless you get advice from the proper Broker of course
A large number of Canadians break their mortgage, or refinance
(check out our blog on refinancing here), prior to the end of their term for a number of reasons, i.e. wanting to pay off debts to pulling out some money for reno’s to wanting to upsize/downsize etc….
As always in life, you get what you pay for!
BMO dropped to 2.99% … BUT, and its a BIG “but”,
There’s fine print.
This is a 5 year – “Restricted” Mortgage Offering
(just as they had offered it last time)
– 90 days max closing (most lenders at 120 days)
– restricted prepayment options at 10%/year (can’t pay down as fast as industry standard 20%)
– no “skip a payment” or “double up” options further to …
Without it, most First Time Buyers would still be renting. Here’s why….
When people hear about mortgage default insurance (often referred to as CMHC fees) they have a negative reaction. People often assume that it is the type of insurance that can be declined, such as life or disability insurance. And of course, most people are against having additional fees added to the cost of purchasing a new home. …
Apply For The Loewen Scholarship
As you know we at the Loewen Group love a lot of things. One of this these things is giving back to our community.
To help promote learning and financial awareness in his home town James sponsors a scholarship for students pursuing a secondary education in finance, accounting, business administration or economics.
The application deadline for this years scholarship is April …
This is NOT the Land Transfer Credit Either!
Think this is the land transfer credit? NOPE – this is a whole other tax credit to help you save money on your income taxes this year!
Through Canada’s Economic Action Plan, the federal government introduced the First-Time Home Buyer Tax Credit (HBTC) to help with the purchase of a first home.
This week we have a special guest blogger – Sarah Broderick, Owner & Principal Designer from High Street Design
With the holidays behind us we’re officially back in the swing of things and looking for ways to survive our abnormally cold winter. While looking forward to warmer weather, why not also look forward to spring renovations. Here are some of the …
What We Need & Why We Need It
Whether you are purchasing a new home or refinancing your current home there are a number of mortgage documents we require in order to complete the financing. To help simplify the process we want to explain what we need and why.
One of the big things you might notice in the following list is the redundancy of multiple documents that all seem to say …
How To Establish & Strengthen Credit
Having good credit is an important factor when it comes to approving you for a mortgage. Many people believe they have great credit but they don’t know what goes into having a great credit score and how to maintain it. Having good credit allows us to help you get into the house you want at industry best mortgage rates.
The 5 main factors used to calculate your …