by WebDev | Mar 20, 2022 | Bank of Canada, Finances, First Time Home Buyers, Rates
Banks VS Credit Unions Finding somewhere to trust with your life savings and all personal information can be a big decision. Two of the most common types of facilities that are around to help are either Banks or Credit Unions. Banks VS Credit Unions… What is...
by WebDev | Jan 18, 2018 | Getting a Mortgage, Market Updates, mortgage trends, Rates
Banks and Credit unions are often grouped together into one category under “financial institutions”. While they may have several similarities in terms of financial service offerings, in the world of mortgages the banks and credit unions have little in...
by Aidan | Jun 25, 2022 | Mortgage Payment
Late mortgage payments are not a fun topic on top of the pandemic that has been a source of worry for people in a variety of different ways. It has brought up health concerns, anxiety increases, financial concerns and much more. Inflation is up to 6.8%, gas prices are...
by Lianna True | Dec 23, 2021 | CMHC, DLC, Finances, First Time Home Buyers, Getting a Mortgage, homeowners, Homeowners Grant, House Hunting, Mortgage Broker, Refinancing, Reverse Mortgages
Increasing Your Purchase Power Most individuals that we connect with to discuss a Mortgage Pre-Approval also want to know how we can go about Increasing Your Purchase Power. More often than not, those individuals could afford to make mortgage payments. Usually,...
by WebDev | Dec 1, 2021 | Getting a Mortgage
a href=”https://geoffleemortgage.com/wp-content/uploads/2021/12/Private-Lending-Blog-Image.jpg”> Private Lending Mortgages Private Lending Mortgages or Alternate financing, although usually a more expensive option, can facilitate all kinds of client...
by WebDev | Jul 30, 2020 | Mortgage Broker
For many, buying a home is a very exciting time! You are beginning to plan out the next chapter (or the next big step) in your future! It can also be a time though where your time is in short supply and perhaps you don’t have time to go from one lender to the...
by WebDev | Feb 22, 2019 | Mortgage Broker, Strategy
Transfer/Switches are when you opt to transfer your mortgage to a new lender in order to take advantage of a lower rate. A transfer/switch does not include additional money to the existing mortgage balance owing, your mortgage amount will remain the same, however,...
by WebDev | Oct 4, 2018 | Getting a Mortgage, Mortgage Broker, Rates
25-year amortization or 30 years? Insured or Uninsured? With an A Lender or B Lender? These are just a few of the questions people have to decide on when they are pursuing a mortgage. But the biggest question of all: Fixed Rate or Variable Rate? With the...
by WebDev | Apr 17, 2018 | DLC, Getting a Mortgage
Do you have a mortgage? So, do I! Looks like we have something in common :). Did you know that 6 out of 10 consumers break their mortgage 38 months into a 5-year term? That means that 60% of consumers break a 5-year term mortgage well before it’s due…but do you also...
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