Got Mortgage Questions? I’ve Got Mortgage Answers!
As you may well be aware, the government has recently made changes to the way mortgages are qualified through the Canadian Mortgage and Housing Corporation (CMHC). In short, these changes have made it more expensive for some of the broker channel lenders to fund...read more
If you bought a house, or had a mortgage renew roughly five years ago, there's a chance the struggling economy and the relatively low interest rate environment (at the time) influenced you to "play it safe" and lock in a mortgage term for the next ten years. Because,...read more
Last month, the article "Can't find the Perfect Property in Your Price Range" was published on the blog, where the purchase plus improvements program was outlined as a way to buy and renovate a property at the same time. If you are looking to buy a new home, but can't...read more
If you have no desire at all to qualify for a mortgage, here are some great ways to make sure you don't accidentally end up buying a house and taking out a mortgage to do so. One of the best ways to ensure you won't qualify for a mortgage is to be unemployed. Yep,...read more
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. CPI inflation rose to 2.1 per cent in January, reflecting higher energy...read more
Mortgage Broker FSCO LICENSE # M08001405
Don’t hesitate … if you have mortgage questions … Just Ask Me!
Contact me anytime: 519-518-2340
If you are looking to purchase a property, understanding all the mortgage options available to you can seem overwhelming. The market is hot and having a clear plan is a must. That’s where I come in, I do this everyday, and I love it. I will help you make sense of all the numbers and provide you with options that make sense to you so you can shop with confidence.
The best time to start looking at renewing your existing mortgage is 120 days before your maturity date. If your existing lender has sent you a renewal offer in the mail, the first thing you should do is send it to me so I can give you a second opinion. Never just sign the offer, there is always room to negotiate. I am here to help you, so that you don’t have to do those negotiations alone!
First Time Home Buyers
If you are looking to purchase your first home, then you have come to the right place! I absolutely love answering questions and helping first time home buyers understand what mortgage financing is all about. I will walk through the process with you and make sure you feel comfortable with the details of your mortgage contract and that they meet your unique financial needs. My goal is to be your mortgage advisor for life, lets start the journey together!
There are many homes offered for sale in Ontario that have great potential but are in need of repairs or renovations. These homes are generally sold at prices that represent excellent value. While the value of these homes is attractive, financing the necessary work has often been difficult. Wouldn’t it be nice if it were possible to buy that “fixer-upper” at a great price, immediately have it renovated into your dream home, and do it all with one manageable mortgage, and a minimum down payment?
For potential home buyers and home owners in Ontario who have had difficulty with credit in the past, take heart! All is not lost. Help may be just around the corner. Due to the competitive nature of the Canadian mortgage industry, more and more lenders are seeking out niches to obtain mortgage clients. One such niche is the tough credit mortgage client. If you have experienced difficulty obtaining a mortgage in the past I can discuss mortgage qualification requirements for tough credit clients with you.
Business development requires various kinds of investments. Be it buying equipment to enhance your production, or a vehicle for efficient transportation, or even various fixed assets. I understand that your business may require financing for your long-term business goals. I can assist you with commercial loans with flexible repayment terms and competitive fixed or variable interest rates.
Here are some of the nice things my clients have said about me!
Bernie Saved Us!
Getting a mortgage, or in our case refinancing our existing mortgage at renewal was STRESSFUL to say the least. Unfortunately we had some credit issues and missed a couple mortgage payments due to being laid off at work. When our existing mortgage came up for renewal, our existing lender didn’t want to renew it for us. Bernie literally saved us.
We are confident that if it wasn’t for Bernie, we would have had to sell our house and we would probably be renting right now. Although the rate we got was higher than what we had, we are still very happy with everything. Bernie helped us not only get this mortgage, but worked on a plan to get us back into a better mortgage in a couple years!
Thanks again Bernie, you have been awesome to work with! We will definitely be returning after our term is complete!Elliott & Sam
Reccomend to Anyone!
As a first time homebuyer, I had no idea what to expect when purchasing my first house. I did some preliminary groundwork myself and talked to my bank, but found myself overwhelmed. That is when my friend told me to call Bernie. Bernie was able to beat my banks rate offer, but also was able to explain everything in a way that I could understand.
I found Bernie to be extremely professional and definitely an expert in mortgages. He worked hard to get me the best financing for my new home. I couldn’t be happier and would recommend him to anyone needing a mortgage.Janice P.
Helped Me out of a Tough Spot
I’m a small business owner who ran into some real financial troubles. I will spare you all of the details, but lets just leave it at, I was in a really tight spot and Bernie was able to come through for me.
I was recommended to Bernie from a friend of mine who claimed Bernie could work magic and it turns out he can. When my bank flat out turned me down for a mortgage, Bernie had other lenders who work with people like me all the time. I think the best part of working with Bernie is that I never felt judged, he treated me really well.
Thanks again for everything Bernie, I know that I will tell everyone about how you helped me out and that they should call you.Chris Zimmerman