Thinking about buying a home in Ontario? Wondering how current  interest rates and rules affect your mortgage eligibility?  This free workshop is designed for YOU, whether you’re refinancing to help put your kids through University or purchasing an income property, the latest interest rates and mortgage qualifying rule have changed.

Join us for an informative session where we’ll break down the currrent mortgage qualification process. We’ll discuss the impact of recent interest rate changes and provide strategies to navigate the current market.  Learn the benefits of working with a dedicated mortgage broker who can help you find the best rates and navigate the complexities of securing a mortgage.

Here’s what you’ll learn:

• Clear understanding of mortgage qualification requirements whether you are getting a refi or making a purchase.
• Insight into the impact of interest rate changes on affordibility.
• Strategies for maximizing your mortgage approval potential.
• The benefits of working with a mortgage broker to achieve your homeownership goals.

Affordability

How much house can I afford? This depends on your income, debts, credit score and the interest rate you qualify for.

Down Payment

How much of a down payment do I need? The minimum down payment is typically 5%, but 20% is ideal to avoid private mortage insurance.

Interest rates

What kind of interest rate can I get? This depends on your credit worthiness, the loan type and current market rates.