What Is a “Monoline” Lender?

First Time Home Buyers Kris Krawiec 19 Mar

What usually follows once someone hears the term “Monoline Lender” for the first time is a feeling of suspicion and lack of trust. It’s understandable, I mean why is this “bank” you’ve never heard of willing to loan you money when you’ve never banked with them before? In an effort to help you see the […]

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Keeping Your Credit Score Healthy

Mortgage Tips Kris Krawiec 19 Mar

If you haven’t seen your credit score, you’re not alone. Many of our clients don’t know about their credit score or even know what it is when we first meet with them. During our initial consultation, we go over your complete credit report with you. As an added bonus, we’ll even teach you how to […]

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Time For A Mortgage Renewal

Mortgage Tips Kris Krawiec 9 Mar

Is your mortgage coming up for renewal this year? There is a good chance that you or someone know has a mortgage coming due. Some 47% of Canadians, almost one out of every two households, that currently have financing in place will mature within the next 12 months with a major lender in Canada. Here […]

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Bank of Canada Concerned About Trade Risks

Latest News Kris Krawiec 9 Mar

The Bank of Canada held rates steady today, as expected, highlighting “trade policy developments” as an “important and growing source of uncertainty for the global and Canadian outlooks.” As the seventh round of NAFTA negotiations commenced in Mexico City, President Trump dropped a bombshell late last week, threatening to impose a 25% tariff on imported […]

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Know Your 5 C’s of Mortgage Lending

Mortgage Tips Kris Krawiec 24 Sep

We all know the real estate industry is hot right now and for many getting into the housing market, it can be a pipe dream. With tightening government and lending regulations, historically low interest rates and soaring housing prices, it can be a daunting endeavour for anyone. Whether you are a first time home buyer, […]

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Verifying Your Down Payment – What You Need To Know

General Kris Krawiec 9 Sep

Saving for a down payment is often one of the biggest challenges facing young people looking to break into the real estate market.  The source of your down payment could come from your own savings, a gift from a family member, your RRSP if you’re a first time home buyer or from the proceeds of […]

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Have You Considered Purchasing a Mississauga Property with a Secondary Suite?

General Kris Krawiec 3 Sep

The Canadian Mortgage and Housing Corporation (CMHC) recently announcedthat in order to facilitate affordable housing choices for Canadians, it would be making some policy revisions on how they consider income derived from secondary suites. Considering the last 4 years have been nothing but tightening of rules, making it harder for Canadians to secure mortgage financing, this news is […]

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HOW TO PREPARE TO BUY A HOME WHILE YOU ARE GOING TO SCHOOL

General Kris Krawiec 3 Sep

Many people find themselves renting a home and helping others get ahead financially. When the question of “why rent” is posed, the most common answer is the issue of not having a down payment. What is interesting is that the person could afford the monthly payments but simply does not have the down payment. Home […]

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