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Refer-A-Friend

We are grateful for every referral we receive. If you have a friend or family member that’s considering a mortgage and you feel we can help, refer them to our web site now.

Simply complete the form below and we will email a link to our web site along with your personal message.

Please note that this is a private email between sender and recipient. Sharon Vander Duim does not view or store any information collected on this form.

House Hunting Checklist

Are you in the market for your next home and don't know where to start?

Well lucky for you, we are here to help!

Mortgage Checkup

Mortgage renewal time?? Refinancing… new government rules.. give us a call at 905-623-9738.

When you receive the renewal call from the lender or a package in the mail please call us. Rates we can offer are less than what is being offered in your package. If you currently have a variable rate of more than prime plus .75% or a fixed rate of 3.75% or more we should explore the merits of refinancing to a lower rate. It may result in savings of thousands of dollars and reduce years off mortgage payments.

Give me some Numbers!

July 4, 2012

Monthly Payments and total Interest Savings Resulting from a Reduction in the Amortization Periods to 25 years for a Mortgage Loan of $230,000

Interest Rate	30 yr. Am. Monthly Payment	25 yr. Am. Monthly Payment	Difference in Monthly Payment 25 yr. vs. 30 yr.	Interest Savings - 25 yr. vs. 30 yr.
3 %	$967.39	$1,088.46	$121.07	$31,899.46
4 %	$1,093.69	$1,209.85	$116.10	$43,540.62
5 %	$1,227.49	$1,337.49	$110.70	$54,701.25

Numbers example of Maximum Refinancing Amount to 80 percent of the Loan to Value

RRSP First-time Buyer Exceptions

Source: Mailbag; Canadian Mortgage Trends
July 12, 2011

Question: I heard that I'm not considered a first-time buyer for the RRSP Home Buyers' Plan (HBP) if me or my spouse have owned a house in the past five years. Are there any exceptions to this rule?

Property Taxes

PROPERTY TAXES

As you may know, you have a couple options when it comes to paying your property taxes: 1) through your mortgage; but you may have to pay more upfront as the bank likes to have a cushion; 2) on your own or 3) through your local municipality.