As an independent Mortgage Broker, my business is primarily based online. I work directly with my clients offering fast, personalized service. No waiting in line or having to book an appointment with your banker. With over a decade of experience in the Financial Industry, I have helped hundreds of people across Canada gain access to the most competitive mortgage rates and options available.

In this competitive market as a Real Estate Investor, I think it’s important to foster strong relationships with knowledgeable experienced advisors. I have built the foundations of my business on long term relationships with both my clients and business partners alike. Because my clients are important to me, I am committed to providing a “one of kind” experience.

I work with the Top Banks, Broker Exclusive lenders, Credit Unions, Finance and Trust Companies. Over the years I have built up a large portfolio of Private Investors and non-bank lenders for those who have credit challenges.

If you are in the market for a mortgage it would be a pleasure to provide you with all of your options in 10 minutes or less over the phone or by email.

Like my clients, I have roots that go deep into the community. I founded an animal support group (I have four rescue cats and a dog that I love dearly) and have been committee chair for the Humane Society. I have been a committee chair for a community multicultural organization, board member of a women’s shelter and most recently joined “100 Brokers who care”..




Wednesday, July 23, 2008

CMHC Drops 100% Financing and 40 Year Amortizations- By Oct 15th, 2008

• 100% financing (5% will now be the minimum down payment on an insured mortgage)
• 40 year amortizations (35 years will be the new maximum on insured mortgages)

The government will also require the following with all new mortgages it insures:
• A new 620 minimum credit score requirement
• New loan documentation standards

The new rules will take effect October 15, 2008. This affects CMHC insured mortgages as well as mortgages insured by Genworth, AIG, etc. Insured mortgages are generally those with less than 20% down.

Certain conventional mortgages are also insured, however, in a statement from the Department of Finance said, "Today’s announcement marks a responsible and measured approach by the Government to ensure Canada’s housing market remains strong and to reduce the risk of a U.S.-style housing bubble developing in Canada.
"These new rules pertain only to new, government-backed insured mortgages. This will not affect existing mortgages."

Monday, February 18, 2008

Canadian housing starts rebound: CMHC

Housing starts were up for January to a seasonally adjusted annual rate of 222,700 units, compared to 184,700 units in December, according to Canada Mortgage and Housing Corporation figures released Friday.

A seasonally adjusted annual rate measures monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels.
"Historically low mortgage rates, solid employment and income growth as well as a high level of consumer confidence continue to underpin the high level of housing starts," chief economist Bob Dugan said in a news release.

"Housing starts in January returned to a level more consistent with our expectation that housing starts will total 211,700 units in 2008, remaining above the 200,000 mark for the seventh consecutive year." Continue Article