First Mortgage

First-time home buyer? Primary property or Rental property?

You may be wondering whether to buy your primary property or a rental property. There are pros and cons to both options, you need to consider your goals, budget, and lifestyle. That's why I'm here to help you. I can provide you with expert advice and guidance. 

With the constant rise in interest rates and uncertainty in the market, you need someone who can help you navigate the complex process of buying a home. I can assist in calculating your affordability, compare various rate and products to find the best deal for you. Either way I can realize your dreams of purchasing your first primary home or starting your journey as a real estate investor.

Second mortgages are often misunderstood as a bad financial decision. However, they can be a powerful tool for savvy investors who know how to leverage them to increase their wealth and achieve their objectives. Of course, second mortgages are not without drawbacks. They are like temporary solutions that need to be applied with caution. To address the urgent issue and later to be replaced with a better strategy. Second mortgages can come with high interest rates, starting from 8.99 percentage. 

If you are looking for a way to finance your personal expenses, such as paying off your credit cards, funding your child's education, or planning for your child's wedding, you may want to consider a HELOC. 

A HELOC, or home equity line of credit, is a type of second mortgage that allows you to borrow money using your home as collateral. Unlike a traditional mortgage, a HELOC gives you more flexibility and control over how much you borrow and when you repay it. However, not all lenders offer HELOCs, and they may have different terms and conditions. That's why we are here to help you find the best HELOC for your needs, as long as you meet our eligibility criteria.

If you are a senior homeowner who is struggling to make ends meet, you may want to consider a reverse mortgage. A reverse mortgage is a loan that allows you to access the equity in your home without having to make monthly payments. You can use the money for any purpose, such as paying off debts, covering medical expenses or improving your quality of life. I am associated with two leading institutions that offer reverse mortgages. I can help you find the best option for your situation and guide you through the process. You may qualify for a reverse mortgage if you are at least 55 years old, own your home outright or have a low mortgage balance, and have sufficient home equity. 

Rebuilding your home or want to add a legal basement? 

I can assist you with finding the best financing option for your project. You can borrow up to 75% of the value of your property, depending on your credit history and affordability. The interest rates vary from 6.99 to 8.99% for low-risk borrowers to 11.99 to 14.99% for high-risk borrowers. Additional fees, appraisal, legal fee etc. are applicable.