You’ve found the perfect home and you’re ready to put in an offer, but your down payment will be less than 20% of the purchase price. Does this mean you can’t get approved for the mortgage? No, it doesn’t! It just means that you will need an insured mortgage. Let me explain this further. Definition…
Mortgage mistakes can be some of the costliest errors you could possibly make! For first-time buyers especially, navigating the mortgage landscape can be tricky but you can avoid making mistakes with the right advice from a mortgage agent. Mortgage brokers specialize in looking at the big picture, financially speaking. Together we can find you the…
Location Elgin County is a region of Southwestern Ontario which includes Malahide, Aylmer, Bayham, West Elgin, Southwood and Dutton. The county has a population of 50,000 with over 35,000 residential homes. Housing Market In 2017, 674 homes were sold in the Elgin County region at an average price of $282,866. This is a 3 per…
Location St. Thomas, Ont. is located in Southwestern Ontario – south of London, and between the Sarnia and Windsor U.S. borders and Toronto. The town is located along the provincial 401 highway. Housing Market In 2017, 901 homes were sold in the city of St. Thomas at an average price of $261,481. This is a…
Location Located west of London, Ont., Strathroy-Caradoc is the largest municipality in Middlesex County. The community is located close to Highway 402, and is equal distances between London and the Michigan border to the U.S. through Sarnia. Housing Market In 2017, 335 homes were sold in Strathroy at an average price of $303,969. This is…
Mortgages can be a lifelong commitment which is why choosing the right mortgage is so important. There is no such thing as a one-size-fits-all loan. There are various types of commercial and residential mortgages to choose from, each with their own set of terms and conditions. Not to mention, picking a lender isn’t simple either.…