9½ STEPS TO REPAIR AND IMPROVE YOUR CREDIT

General Steve Marshall 9 Dec

Though credit scores aren’t always an indicator of financial health, they are used in a variety of ways that could have a major impact on your life. Interest rates (including mortgage rates) are almost always determined by your credit score. Some employers & landlords may require a credit check to see if you have past Read More

HOW DO YOU KNOW WHEN YOU’RE READY TO BUY HOUSE?

General Steve Marshall 26 Nov

Here are 7 signs that you’re ready to buy your first home… 1. You have saved enough for the down payment Most people think the biggest hurdle to overcome when buying a house is saving up a down payment. You normally need to save at least 5% of the purchase price as a down payment. Read More

WINTER IS HERE! GET A WORRY FREE MORTGAGE!

General Steve Marshall 19 Nov

This time of year, there are a few less mortgage’s being done- not many people want to move into a new home in the snow. But if you want to get a worry free mortgage, this is a great time to be shopping. Scope out those potential neighborhoods – how many snow shovels? Will my Read More

PRINCIPAL & INTEREST

General Steve Marshall 13 Nov

Principal and interest are the two components that make up a mortgage payment. Principal is the portion of your payment that goes towards paying down the outstanding balance of your mortgage. Interest is the other portion of your payment which goes directly into the pockets of your lender and does not contribute to paying down Read More

THE TALE OF THE FORGOTTEN MONEY

General Steve Marshall 4 Nov

Ever wonder what happens to bank accounts that are inactive, forgotten about and left unclaimed? The answer to that question is that you probably haven’t. I know the thought of it never really crossed my mind and I bet that would be the case for most Canadians. My initial thought was “Seriously? Who forgets they Read More

BUYING YOUR FIRST HOME? – THESE TIPS WILL SAVE YOUR LIFE

General Steve Marshall 28 Oct

So you’re wanting to buy a new home? That is some very exciting news. First question, are you prepared?! We all know big-item purchases are scary. It’s expensive, you are fully committing to this household – there is no turn backing without that pricey consequence. We totally get it. The ultimate first-step is to do Read More

WHAT QUESTIONS TO ASK WHEN CONSIDERING A REFINANCE

General Steve Marshall 12 Oct

Many of my clients and friends regularly ask me when or if they should consider a refinance. Here are 4 quick questions that I ask of them. The answer they give me, will very quickly tell me if we should be taking a deeper look at the mortgage refinance options available to them. What do Read More

5 Mistakes First Time Home Buyers Should Avoid

General Steve Marshall 4 Oct

Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes first time homebuyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an excellent idea to Read More

Helping families one at a time

General Steve Marshall 21 Sep

Every once in a while you get to help people out and make a real difference in their lives. Recently a couple was referred to me who wanted to renew their mortgage. The bank that they had been dealing with for over 20 years had offered them a 5 year fixed rate that was more Read More

INCOME QUALIFIED

General Steve Marshall 26 Aug

There are several different ways a borrower can qualify for a mortgage when it comes to their income. One of the most common ways is known as income qualified. All of the following methods of employment income are under the income qualified umbrella: Annual salary income employees Full time employees working guaranteed weekly hours Part Read More