Mortgage Insider Edition

Welcome! In this episode of Mortgage Insiders Edition, we will chat about the newly released government program for first-time home buyers. This new program is called the Tax Free First Home Savings Account (FHSA). This account will allow first-time buyers to save up to $40,000 tax-free towards their down payment. We will briefly dive into how this program can be a good fit for first-time home buy...

Welcome! In this episode, we discuss the ever-popular lending solution HELOCs. HELOCs have been around for many years and may be a good fit for those with equity built up in their home. We will explore how to obtain a HELOC and with what potential lender choices, how to calculate if you have any equity available and its uses.     Preet Singh, Mortgage Associate Vine Group - Mortgage...

Welcome! In this episode, we will explore why Alberta is such a hot spot for many in Canada. We discuss the benefits of moving to Alberta and some differences that this wonderful province offers. If you are considering relocating or learning about Alberta, this is a must-hear.   Preet Singh, Mortgage Associate Vine Group - Mortgage Alliance, preet@vinegroup.ca  /  Kim Nguyen, Mortga...

Welcome! In our final video of our special 3-part series, we have April Wiscombe, Partner with Accountwell Co., joining us. In this episode, Preet Singh and Kim Nguyen will be breaking down what typical tax documents we need for financing. April will also help educate our viewers on how to obtain these documents (should you have misplaced them) and some special key tips for documentation collectio...

Welcome! In this 2nd video of our special 3-part series, we have April Wiscombe, Partner with Accountwell Co., joining us! We will be talking about all of the different programs available in Canada for those buying their first home.    Preet Singh, Mortgage Associate Vine Group - Mortgage Alliance  preet@vinegroup.ca   Kim Nguyen, Mortgage Associate Vine Group - Mortgage Allian...

Welcome! In this special 3-part series, we talk about how being self-employed can impact your financing. Our special guest April Wiscombe, Partner with Accountwell Co., will talk about the various documents that are required and also the pros and cons of certain types of self-employment incomes. This will come from a personal accounting viewpoint, and we will discuss what implications it can have...

Welcome!! In this episode of Mortgage Insiders Edition, Preet Singh and Kim Nguyen chat about how appraisers determine the value of a property with guest speaker Jeff Prediger from Cartwright Appraisals. Together they dive into some details of what factors impact the property value, help bust some myths, and answer some frequently asked questions. #PreetSingh #KimNguyen #VineGroup #MortgageAllianc...

Welcome!! In this episode of Mortgage Insiders Edition, Preet Singh and Kim Nguyen chat about bridge financing and why this is something you may want to consider! Bridge financing is especially helpful when your down payment comes from the sale of your current home. We dive into some specifics as to what rates, terms and fees you may encounter and the requirements you may need to meet to obtain th...

Welcome!! In this episode of Mortgage Insider Edition Preet Singh and Kim Nguyen are going to chat about how you can pay down your mortgage faster and help you become mortgage free faster! We will dive into some pre-payment privileges that you may have on your mortgage and dissect the differences from lender to lender.    Music from Uppbeat: https://uppbeat.io/t/cruen/family-time License...

Welcome! In this episode of Mortgage Insiders Edition, Preet and Kim Nguyen chat about A-lenders, specifically monoline lenders. We break down who these key players are, how they can benefit you and some common myths. #PreetSingh #KimNguyen #VineGroup #MortgageAlliance #mortgagebroker #mortgageadvisor #yegre #yycre #mortgage #Reinvesting #monoline #lenders #privatelender #Blender #Alender Music fr...

Welcome!! In this episode of Mortgage Insider Edition, Kim Nguyen and Preet Singh discuss what is going on in the extremely hot markets of Edmonton and Calgary. In addition, they will talk about the impact of rising interest rates and what is potentially to come in the near future.  #PreetSingh #KimNguyen #VineGroup #MortgageAlliance #mortgagebroker #mortgageadvisor #yegre #yycre #mortga...

In this episode of Mortgage Insider Edition, Kim Nguyen and Preet Singh discuss what specialized mortgage lending programs are available for new graduates from medical school or even resident doctors. Considering graduation season in June is around the corner so we decided to explain to our audience what programs are available and how they can benefit from these programs even if you are day one on...

In this episode of Mortgage Insider Edition, Kim Nguyen, Preet Singh and our guest contributor Trevor Leys Schirok discuss how your ongoing divorce/separation can impact your existing mortgages and what steps you can take to make the transition smoother. Also discussed is how you can re-qualify for a brand new mortgage after the divorce. #PreetSingh #KimNguyen #VineGroup #MortgageAlliance #mo...

In this episode of Mortgage Insider Edition, Kim Nguyen and Preet Singh discuss what are the risks of putting un-conditional offers in hot seller's market. Should you always put conditions of financing? How can you protect yourself from any negative legal obligations by putting a financing condition? #PreetSingh #KimNguyen #VineGroup #MortgageAlliance #mortgagebroker #mortgageadvisor #yegre #yycre...

In this episode of Mortgage Insider Edition, Preet Singh and Kim Nguyen discuss the hottest topic about the pros and cons of both variable and fixed rates. What rate should you pick and what would be beneficial for you in the long run?     #PreetSingh #KimNguyen #VineGroup #MortgageAlliance #mortgagebroker #mortgageadvisor #yegre #yycre #mortgage #Reinvesting #variable #fixed #interestra...

In this episode of Mortgage Insider Edition, Kim Nguyen and Preet Singh discuss what payments are used by lenders and insurers for your outstanding liabilities when qualifying for a mortgage. The discussion covers your credit cards, lines of credit, student loans, existing mortgages, co-signed loans and everything related to liabilities.   Music from Uppbeat: https://uppbeat.io/t/cruen/family...

In this episode of Mortgage Insider Edition, Kim Nguyen and Preet Singh discuss income documents that are required to qualify for a residential mortgage.    Music from Uppbeat: https://uppbeat.io/t/cruen/family-time License code: TG2E0DBG1IJQ6NJY   #KimNguyen #PreetSingh #VineGroup #MortgageAlliance #Incomedocuments #mortgage #qualification

An introduction to mortgage financing in Alberta and New to Canada mortgage requirements.

Welcome to Mortgage Insider Edition: An introduction to mortgage financing in Alberta.