There are generally TWO ways to avoid paying Property Transfer Tax in BC As a First Time Home Buyer, purchasing a…
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Is 20% down required to buy an investment property?
If you are using rental income based off that investment property to qualify your application and immediately rent out that…
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Can I Buy A Home With Less Than 20% Down?
Yes! You can buy a property with as little as 5% down, as long as it is Owner Occupied OR Second Home **Must be under…
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Do I have to be a First Time Home Buyer to put less than 20% down?
No Subject to qualifying, anyone can qualify at 5% down Property must be an owner occupied or a 2nd home
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When Will I Be Required To Put 20% Down?
Purchase over 1Mil. 30-year amortization. Refinancing. Rentals. B Financing. Private Financing (25%).
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I’m swimming in High Interest Debt Payments – What do I do?
Consider consolidating that high interest debt into your mortgage. For every $350 in monthly debt payments, you can access $100,000 in…
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What Is Equity?
Equity is the difference between your homes current value and your remaining mortgage balance Value - Mortgage = Equity Lenders will allow…
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Is 20% required to buy an investment property?
Technically Yes… However, there is a way to put only 5% down By turning your current property into a rental, you can…
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Can I Get A Mortgage On Probation?
Yes There will be variables like your length of time in the industry, probation timeline, credit, income, & down payment
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Do I Put 5% Down Today Or Wait To Put 20% Down?
Let’s take a $500,000 home with the minimum 5% down ($25,000) After subtracting loan insurance of $19,000, your home will appreciate…