Mortgagenomics Canada

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593 direct Vancouver 403-606-3751 direct Calgary homefinancingsolutions.ca Facebook @markogelo (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct Calgary homefinancingsolutions.ca Facebook @markogelo  (Twitter) Hosted on Acast. See acast.com/privacy for more information.

A chat about the trajectory of interest rates since March 2022 and the upcoming Bank of Canada policy and interest rate announcement (July 13). Also, a closer look at fixed-payment variable rate mortgages and income qualification tips. CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct...

A chat about the trajectory of interest rates since March 2022 and the upcoming Bank of Canada policy and interest rate announcement (July 13). Also, a closer look at fixed-payment variable rate mortgages and income qualification tips. CLICK HERE to be redirected to the blog version of this episode Contact Marko, he's a Mortgage Broker! 604-800-9593  direct Vancouver 403-606-3751  direct...

Living in Canada as a Temporary Resident can be confusing when it comes to mortgage qualification. Here is a summary of the key eligibility criteria for temporary residents seeking a mortgage with less than 20% down payment: KEY ELIGIBILITY CRITERIA: temporary resident applicants must provide a valid work permit CLICK HERE to be redirected to the blog version of this episode Contact Mark...

One of the more common questions regarding pre-approvals is, "how long is my pre-approval good for?". Generally speaking, a pre-approval (PA) is good for as long as the maturity date of the rate hold (as specified within the pre-approval). Rate holds are typically set for 90 to 120 days depending on the lender. Although the rate hold is indeed a critical part of the PA, it...

With the prolonged surge of real estate markets across the country many Canadian homeowners are considering cashing in some of their home equity to purchase a rental property. The transaction may seem daunting at first, but with a carefully laid out plan and a real estate action team in place, one will realize just how easy it can be. Before reading through and internalizing the following ste...

Mortgage applications often reach that critical tipping point when the addition of a non-occupying applicant is required to push the application over the finish line for approval. The non-occupying applicant is often a parent or close family member and is referred to as either a Co-signer, or Guarantor. The difference between the two is as follows: Co-Signer: the addition of a non-o...

Whether it’s due to employment, quality of life, or a multitude of other reasons, Canadians have demonstrated that they are comfortable in packing up and choosing another province to live in. In fact, in 2021 more than 200,000 Canadians switched provinces across Canada...and this is only the statistics released up until the first two quarters of the year, 2021 (Source: Statistics Canada ). Up...

Every so often I receive a mortgage application for a property purchase that is situated on leased land. By definition, this means that if you purchase/own a leasehold property you own only the structure/property on the land, not the actual land beneath it. So…heads up (literally)! You only own what lies ON the land. It’s not your typical real estate transaction as you wil...

Why don’t we start off with the definition of a Property Disclosure statement…and for the remainder of this talk I’ll refer to it in its abbreviated form, PDS:  So here it is, the definition of a PDS:  A document that is completed by the seller before listing their property on the MLS. The PDS was developed by the BC Real Estate Association and allows the seller to disclose details...

When it comes time to renew your mortgage, most lenders will send you a renewal letter when there is 3 to 6 months remaining on your term. While nearly 60% of borrowers simply sign and send back their renewal without even shopping around for a more favourable interest rate, I would recommend you take a moment to check out your options. Rather than rewarding loyal clients with fully discounted inte...

How to get a bullet proof mortgage pre approval? In a hot market like we are in right now, mortgage pre-approvals have become front and centre…particularly, the quality and legitimacy of them. Here in Vancouver (and I am certain in Toronto as well), buyers are placing offers with no financing conditions…and even though I strongly advise against it, I continuously keep on getting subject free...

Did you know? Approximately 15% of Canadians are self-employed, making this an important segment in the mortgage and financing space. When it comes to self-employed individuals seeking a mortgage, there are some key things to note as this process can differ from the standard mortgage. For self-employed individuals with an established business seeking best rate financing, the business must have a&n...

The criteria for mortgage qualification involves fairly deep analysis of your  personal income  generation, your  history  of handling mainly unsecured consumer  credit  sources (like credit cards, lines of credit, car loans) and lastly, the amount of skin you have in the game - the  down payment , or if refinancing, the current  equity  stake in your p...