at 737 Yates St, Victoria, V8W 1K2 Canada
Living and loving life on the best island in the world!
Vancouver Island's Most Trusted Source For Mortgage Financing.
305 FB users likes Jamie Gale - Victoria's Trusted Mortgage Advisor, set it to 2 position in Likes Rating for Victoria, British Columbia in Bank/financial services category
There's really no other way to put this... Rates are dropping...everywhere! It's a good time to consider your mortgage options, but buyer beware, the products are not all created equally. Do your home work... or better yet, have someone like me do your home work for you!!
Thanks Dan Pultr for sharing. Immigrant investor program is back, $10M in "legitimate" net worth and a $2M investment in a 10 year startup fund. This will serve Vancouver/Victoria well but may lead to more debate around local affordability. http://news.gc.ca/web/article-en.do?nid=915059
Listening to CMHC's Spring update. Interest rates to stay low, resale market to stay balanced and sales are forecasted to pick up! All GREAT news!
Just a quick little FYI... you can still buy a house with no money down! Want to find out how? Call 250-580-5691 or email email@example.com
" Victoria trending towards a buyers market". - CMHC Spring Update
Good morning everyone, For those of you who don’t know, BMO once again has announced their 5 yr 2.99% mortgage once again this week. What they aren’t telling you is this product is riddled with restrictions. Here are the BMO restrictions: The 5 year special is low-frills, meaning: - A Lower Maximum Amortization: 25 years max - Less Lump-sum Pre-payment Ability: 10% maximum per year (we get you 20%) - A Smaller Payment Increase Option: Up to 10%, once per year (we get you 20%) A Locked Term: The Low-rate Mortgage is fully closed unless you sell the property, refinance (with BMO only), or early renew into another BMO mortgage. In other words, unless you sell, you're not leaving BMO for 5 years, like it or not. Now combine this with the fact that BMO's IRD (interest rate differential penalty) for early payout is one of the worst out there, why would someone want to risk being caught should they sell or have to payout early. If you are in fact staying in the property for 5 years, we can get you 2.89% in a no frills product that allows a full 20% pre-payment. Just sayin’…..
5 Year fixed at 2.94%!!! This is a no-frills product which means a big penalty if you want to break it within 5 years, but if you're in it for the long haul...this is CHEAP!!!
That moment you upload a new picture and realize exactly how huge your head is.... #mortgage #selfdeprication
I've had 3 separate clients this week tell me they were pre-approved with their bank. Once I pulled their credit bureau it showed me that the banks hadn't even looked at their credit. Please, for the love of all things real estate, make sure you do not place an offer on a home based on a verbal pre-approval! Contact a trained mortgage professional to make sure you are truly approved to be out shopping for a home. It will save you much grief and many grey hairs!