A major question for mortgage seekers is whether to use your bank or use a mortgage broker. Let’s see why we would use one over the other. But, first, let’s learn about mortgage brokers. What are Mortgage Brokers? Mortgage brokers are individuals or companies that can help prospective homeowners find a mortgage loan for you […]
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Saving for Retirement: Employee vs. Consultant
As a former IT contractor for over 10 years, I’ve often heard people say how they’re afraid to become a contractor, even though they also say they envy being one. The main reason being the insecurity. So, I see the biggest fear or obstacle for individuals to become a consultant or contractor is the “lack […]
Make Your Assets (Mortgage) Tax Deductible
The Tax Deductible Mortgage All the titles I’ve read about this topic always say something to the effect of: Make Your Mortgage Tax Deductible. Although the titles say that, I believe it’s only used because that’s what everyone searches for. The fact is, your mortgage is never tax deductible (in Canada) unless it’s inside your […]
Deren Hasip – Bloor West Village Mortgage Broker at Mortgage Scout
Biography Toronto (Bloor West Village / High Park) mortgage broker, Deren Hasip is someone I met around 20 years ago during a 24 hour relay charity event for Easter Seal Kids. We recruited 20 people, raised a couple thousand dollars. It was an all around fun time. Those were the days when I could […]
Special Mortgage Rates at Scotiabank (Bank of Nova Scotia)
Screenshot as of August 30, 2017. Scotiabank currently has 3 mortgage rate promotions on variable rate mortgages as seen from the screenshot above. Phone: 1 877 303 8879 Contact a mobile advisor: http://hfa.scotiabank.com/index.php Fineprint: Special Offer Information 1 APR 3.35% 2 APR 3.19% 3 APR 3.79% The above Annual Percentage Rates (APR) […]
Special Mortgage Rates at CIBC
Phone CIBC for this deal at: 1-866-525-8622 Fineprint from CIBC website Phone the number above. Source: https://www.cibc.com/en/personal-banking/mortgages.html 34
Mogo Fixed Rate Mortgage
3 Year Fixed Rate Mortgage 5 Year Fixed Rate Mortgage Screenshots above as of August 24, 2017. You may not have heard of Mogo. I haven’t. I came across it from an ad. They call themselves a financial technology company and they are based out of Vancouver according to their website. They are […]
Special Mortgage Rates at RBC
[no_toc] Get me the above rates using a broker. Go directly to RBC and apply. Fineprint from the RBC website (Kudos to RBC for not making the fineprint text super small to read): Funds must be advanced within 120 days of date of application. Offer may be changed, withdrawn or extended at any time, […]