Behind the Scenes EMA Mortgage Podcast: Recent Episodes
BehindTheScenesEMAMortgagePodcast
This is a behind the scenes look at our local Mortgage Market in GTA West and South West Ontario. We discuss real life experiences of clients, partners and experts. Listen to learn and be entertained.
Part-Time Up, Full-Time Down: Canada's Labour Market Shuffle
Don’t be fooled… Pay attention to the details…The UNEMPLOYMENT Rate went down for the month of January, and Actual Employment numbers is UP… This may suggest Strong Economy and inflationary…
While job report might initially appear positive, a deeper analysis reveals underlying weaknesses. The Bank of Canada is likely to maintain its current course… Remember for our Real Estate and Mortgage Industries, even though their are increases in Part Time Employment, the FULL TIME Employment number decrease is the number that matters to most of the Homebuyers…
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
The Ripple Effect: Canada's Inflation Rate and Your Wallet
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
Navigating the Unexpected Dip in Home Values
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent #mississaugamortgage #miltonmortgage #haltonmortgage #georgetownmortgage #oakvillemortgage #investmentproperty #realestateinvestment
Can Mortgage Brokers Make $100k?… How?
Is it hard to be a successful mortgage broker?
Is being a mortgage agent stressful?
What makes a good mortgage agent?
What do top mortgage brokers make?
How do mortgage brokers in Canada make money?
Do RBC mortgage specialists make commission?
How much does a Mobile Mortgage Specialist at TD make?
First off, Canada escaped entering a technical recession. Our Real GDP did fall by 0.3% in the third quarter, a revision in the second quarter numbers from negative to a positive growth of 0.3% prevented two consecutive quarters of decline, which is the standard definition of a recession.
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
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🏠💡 Think Mom-and-Pop Investors Hurt the Housing Market? Think Again!
Contrary to popular belief, Mom-and-Pop Investors are the backbone of our real estate, providing vital rental options and supporting local economies. They're not just investing in properties; they're investing in communities. Watch how mom-and-pop investors are positively shaping Canada's housing market! 🇨🇦🔑
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent #mississaugamortgage #miltonmortgage #haltonmortgage #georgetownmortgage #oakvillemortgage #investmentproperty #realestateinvestment
(1)How to get a Mortgage for a New Build Condo Assignment?
(2) An assignment is a REAL ESTATE sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the rights and obligations of the Agreement of Purchase and Sale by THE ORIGINAL BUYER (THE ASSIGNOR), before THE CLOSING on the property. The assignee is the one who ultimately CLOSES the deal with the BUILDER.
ASSIGNMENT IS LIKE SELLING THE CONTRACT TO ANOTHER BUYER. THIS IS COMMON TO PREBUILT CONDOS AND HOMES.
THE ASSIGNOR AND THE ASSIGNEE negotiate the terms of the Assignment Sale, such as the Assignment Purchase Price, Real Estate Deposit/s, and other costs.
It is important to note that the Builder will need to signoff on this Assignment Sale.
(3) DOCUMENTS NEEDED:
- Original Builder Purchase Agreement
- Floor Plan
- Copy of Builder Deposits
- Interim Statement of Adjustments
- Signed Purchase and Sale Agreement (Assignment Agreement)
- Copy of Real Estate Deposit
- Income Confirmation
- Proof of Down Payment
- IDs
- Mortgage Application and Privacy Agreement
- Signed Builder Acknowledgement of the Assignment
(4) VALUE USED…
TO the BUYER(Assignee):
Assignment Purchase Price:
Real Estate Deposit:
Mortgage Approved/Required:
Owed to the Builder
Owed to the Assignor
Other Costs
TO the Original Buyer (Assignor):
Original Purchase Price (with Builder)
Assignment Sale Price (with Assignee)
Profit as Capital Gains or INCOME
Anticipated Cash on Hand after Sale… Dont forget that the Builder Deposits given by the Assignor/Original Buyer is signed over to the Assignee… Real Estate Deposit given by the Assignee goes to the Assignor/Original Buyer…
VALUE USED… by the Lender…there are lenders will only use the lower of Original Purchase Price and Market Value… There are Lenders that use the lower of Assignment Purchase Price and Market Value…
It is so important to distinguish because what value we use affects how much we can borrow…
The LENDER WILL QUALIFY THE ASSIGNEE’S ABILITY TO AFFORD THE MORTGAGE, HIS OR HER CREDIT HISTORY AND AS MENTIONED BEFORE THE VALUE OF THE NEW BUILD CONDO.
Dealing with a Mortgage Agent that can explain and advise you on the financial components of an Assignment Sale helps minimize your financial stress. An experienced Mortgage Agent can help you get that mortgage that funds the deal.
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Mortgage Agent look at Penalty Calculations for Variable and Fixed Rate Mortgage (Both from Bank and Fair Penalty Lenders)
MAKE GOOD DECISIONS…
(1) DON’T RUN OUT OF MONEY - A recession brings lower sales and therefore less cash… SMART DEBT MANAGEMENT IS IMPORTANT..
HOUSEHOLDS with high levels of debt are especially vulnerable during a recession. MANAGE YOUR CASHFLOW.
(2) Make sure your financial plan is up to date. Plan ahead of the recessionary conditions. ...
(3) Review your budget. ...
(4) Fully fund your emergency savings or Just in Case Funds. ...
(5) Pay down debt. ... Interest Rates rising and higher debts levels can take away from your cash flow…
(6) Network and earn additional income. - Diversify your skill set… Add a rental unit…
(7) Look at Your Investments - stock market will suffer… Savvy Investors with cash on hand have an opportunity to buy stocks and real estate at a discount…
(8) Invest in Technology - Technology can make your business more transparent, more flexible, and more efficient. The second reason is that digital technology can help cut costs.
You have seen Mortgage Rate Increases and Your Expenses will continue to increase.
You know it is a good idea to have a Household Budget but you don’t know where to start. Let me help.
- Covid-19 Recovery
- Strong Employment Growth
- Wage is going up
- Inflation above Target… inverse relationship with Interest Rates so this helps bring inflation down
- It will not affect your Borrowing Capacity
- I think it is still a good time to buy
If you are a buyer, The best time to buy was 15 to 20 yrs ago, but the 2nd best time is TODAY!!!
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
A new Article from Canadian Mortgage Trend…”Fixed Mortgage Rates Are Rising. Are Variable Rates Next?”
Inflation a growing concern - Canada’s headline CPI growth rose to a higher-than-expected annualized rate of 4.8% as of December
record levels of inflation and high housing prices coincide with an anticipated economic rebound from the Omicron wave of the pandemic, some economists say.
The latest interest rate forecasts
Bond markets are now pricing in an 86% chance of a 25-bps rate hike at next Wednesday’s rate meeting,
TD, RBC, CIBC are all predicting 3 rate increases in 2022 and another 3 rate increases in 2023…
Scotiabank is looking at 4 rate increases in 2022 and another 4 rate increases in 2023…
There is no reason to stress or panic… Message me here so we can schedule your Strategy Call…
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
Should you go BIG or SMALL with your Down Payment when Buying a House? Let’s discuss the right down payment amount for your purchase.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
OSFI Leaves Mortgage Stress Test at 5.25%
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
David Gyurits (RVP Mortgage Alliance): My Relationship with Money Series!
Please Welcome David Gyurits!
Integrity - Unity, wholeness, honesty, ethics, morals…
These are words I relate to our guest.
What makes him special is that he is someone with Integrity and he is dedicated to his work.
He used to be a top Performing Branch Manager at a Major Bank and now I know him as a mentor. He is currently a Regional Vice President at Mortgage Alliance.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
Top 5 things to consider when selling your investment property
(1) Lifestyle Goals
Being a Landlord is real work -
Do you feel that you dont want to do this anymore
Take back your time to manage other things rather than your rental/s
(2) Retirement Planning
Should you keep the rental property for the Cashflow OR
Cash In and enjoy the equity… Increased Value and Paying Down Your Mortgage. You may
Use for Travel more, buy a boat OR really use it to cover your retirement Lifestyle.
(3) Taxes
50% of the property’s capital gain is subject to tax. It will be added to your taxable income for the year you sell the property.
Talk your tax accountant, as you may deduct the selling costs such as real estate commission, and legal fees. You may also deduct
renovation costs.
(4) Asset Allocation
You may have used Real Estate Investing to DIVERSIFY your Investment Portfolio. You have to re-evaluate
how selling your Investment property affects your overall Portfolio.
(5) Investing the Proceeds
After selling your Investment Property, how much do you want to reinvest,
how much do you want to set aside to spend immediately,
do you want to give some to your adult kids as Inheritance?
For the last one, you may want to consult with your Estate and Tax Lawyer.
Message me if you want an exit strategy on your Investment Property.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
Top 3 Villains of the Canadian Housing Market. This has nothing to do with the Political Parties.
Foreign Buyers, Investors that are Flipping Homes, Realtors with Blind Bidding
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ancastermortgage #ancastermortgageagent
This is the 1st Episode of My Relationship with Money Series. It is such an honour to have a great person and leader in Pinder Singh as our first interview. You will hear about Pinder’s relationship with money from when he was a young kid, to high school age, and Now. Listen to how Pinder views Money as both the Goal and a Tool. I hope you enjoy this episode as much as I do.
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Behind the Scenes EMA Mortgage Podcast Episode 32: How do I get my Down Payment for My 1st Rental Property?
In this Episode, we look at the acceptable Down Payment resources for Purchasing a Rental Property. Ray also gives his ideal pick for the Toronto Raptors #4 NBA Draft Pick. See his starting 5 for 2021 Raptors.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #torontoraptors #raptors #raptorsnation #nba #nbadraft
In this Episode, we answer the questions: How much income do you need to live in Ancaster and Is this a good place to buy Rental Properties? Ray also shared his experience with Salmon Fishing in Lake Ontario.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate #ontariofishing
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate
David Gyurits talks with Ray about various topics on being a Mortgage Agent.
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb #bramptonrealestate #hamiltonrealestate
emamortgageteam #mortgagealliance #mississaugarealestate #oakville #oakvillerealestate #miltonontario #miltonrealestate #haltonhills #ancasterontario #ancasterrealestate #torontorealestate #georgetownontario #mortgagerates #mortgagebroker #mortgageagent #interestrates #mortgage #fthb
Ray welcomes Charles Climenhage, Realtor at Royal LePage. They discussed Charles' inspiration to become a Realtor, production in 2020, Outlook for 2021, and Suggestions to Mortgage Agents looking to build partnerships with Top Performing Realtors.
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Ray talks Real Estate and Mortgages with Sunny Aujla of Century 21. They discussed Investing in Real Estate, Why Real Estate Photos are Important, First Time Homebuyers, Leasing a Home, Why people are moving out of the GTA, Can Millennials afford their first house, Will house prices continue to rise, Conditions and Negotiations, Importance of a Real Estate Agent, and Fixed vs Variable Rate Mortgages.
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca Changing Lives, One Mortgage at a time!
Chantelle and Ray went on Instagram Live to answer your Real Estate and Mortgage questions. If you are a first time home buyer, looking for a property with a 2nd unit or a business for self individual, you will find this episode useful.
Raymond Daez of EMA Mortgage Team - Mortgage Alliance looks at the trends in the GTA and Ontario Housing Market. The old saying "Location, Location, Location" has been changed to "Location, Location, SPACE". Work from home, Kids attending eLearning from Home, not having to share space via elevators, and need for a backyard space have all contributed to the need for more Space.
A Look Back at 2020 - We started year 2020 with so much excitement. We started a mortgage team, EMA Mortgage Team - Mortgage Alliance. By Mid March we were in a lock down due to Covid 19. Households face health and financial concerns because of the pandemic. Our homes became the place where you keep yourself safe and others safe from you. We use our homes to Social Distance, Learn and Work from home, and Staycation. Home Ownership Goals today is still very strong. Home Ownership gives you the Economic Benefits, Safe Environment to social distance, peace of mind and Pride of Ownership.
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca Changing Lives, One Mortgage at a time!
Toronto's Vacant Home Tax The City of Toronto will be implementing a Vacant Home Tax. It will be at 1% Vacant Tax Rate of the Property's Taxable Assessed Value. It will likely start in 2022. The goal is to force unoccupied homes to be rented or sold. Let's look at Vancouver's Vacant Tax Rate on what might our Vacant Home Tax may look like.
Raymond, Mortgage Agent at EMA Mortgage Team-Mortgage Alliance, talks about the most recent Bank of Canada rate announcement. There are changes proposed for the current First Time Homebuyer Incentive program. This incentive is a Shared Equity program. The Changes relates to the maximum household income allowed to qualify for the program and also the increase to the multiplier for the maximum mortgage amount a first time homebuyer can qualify. (1) Change in Income $120k/yr to max $150k/yr (2) Change in Max Mortgage, multiplier from 4X your household income to 4.5X your household income. This combination will definitely help in the higher home price areas such as the Greater Toronto Area: Oakville, Mississauga, Milton, Brampton, Toronto, Ancaster, Burlington, Georgetown, etc.
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, discusses the new 0.99% Mortgage Rate offering by HSBC. It is a Variable Rate Mortgage offering for High Ratio deals only. Affordability of homeownership has improved due to low mortgage rates, but it does not mean that you can borrow more.
Will the rates start to go up now that there may be a vaccine on the way?
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Mortgage Agent look at what to expect from today's Mortgage Rates and Best of Luck with the Presidential Elections in the US!
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance talks about * Low Mortgage Rates * Credit Score Issues * Finance Minister Change * Strong Home Sales Changing Lives, One Mortgage at a Time! Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Mortgage Agent from Mortgage Alliance Canada assesses the possibility of buying an Electronic Vehicle (Tesla Model Y) for business use. See the features of the Model Y, and pictures of the car. Mortgage Agent, Raymond Daez, also discusses the possible tax deductions available for Business for Self/Mortgage Agents when it comes to Automobile Expenses. Enjoy.
I greatly appreciate it if you could follow. Thank you so much.
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, talks about how to handle mortgage rate conversations, news update that Mortgage Stress Test in Canada is going DOWN, use Purchase Plus Improvement with CMHC, Genworth and Canada Guaranty to improve or renovate your home, lastly asking for your input on Tesla Model Y.
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance talks about
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A great Civic Holiday Long Weekend
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Toronto Raptors are back and won 2 games in the Bubble
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WHEN A MORTGAGE PREAPPROVAL IS NOT GOOD ENOUGH!
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, gives a quick update for the week of July 27th.
“Happy Eid to our Friends”
Mortgage Lenders are slow to underwrite right now due to high volumes
"Capital gains tax on principal residences is still a bad idea."
More cases of Mortgage Fraud.
STAGE 3 of REOPENING started on Friday for Peel Region and Toronto.
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, talks about what TO DO and NOT TO DO after a buyer gets a successful mortgage approval.
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Mortgage Agent at EMA Mortgage Team - Mortgage Alliance shares the 3 factors that need to be address in order to get a mortgage approval.
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, talks about a question that has been repeated asked: "Is it a good time to buy?".
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent with EMA Mortgage Team - Mortgage Alliance, talks about how gratifying it is being a mortgage agent. You are helping improve clients lives everyday. He discusses the process of "How to get a Mortgage in Canada?". The important factors in getting a Mortgage Prequalification then turning it into a Mortgage Approval were discussed.
Changing Lives, One Mortgage at a Time!
Raymond Daez | Mortgage Agent | EMA Mortgage Team- Expert Mortgage Agents | Mortgage Alliance - Lic# 10530 | T# 416 705 3239 | www.expertmortgageagents.ca
Raymond Daez, Mortgage Agent, talks with a Special Guest. We are so lucky to have a special guest today. Karen is a wonderful client of EMA Mortgage Team. She is a homeowner that bought her first rental property. You will love her energy and her passion on this topic. She is kind enough to share her time and expertise with us today. Make sure to watch and listen until the end of the episode as we have some Bonus Content.
Raymond Daez discusses the difficulty of making being a Mortgage Agent exciting on camera. News Highlights:
Home Prices in Toronto are Up
Open Houses resume with restrictions for the real estate market
Low Mortgage Rate environment might last 2 to 3 yrs.
Ray discusses "Can I get a mortgage during the pandemic?"
Your Credit Bureau is one of the major factors Lenders look at in approving a mortgage. You will know the Sections of the Credit Bureau.
Payment History = 35% of Credit Score
Utilization = 30%
Age of Accounts = 15%
Type of Credit = 10%
Credit Inquiries = 10%.
Credit Bureaus: Equifax.ca and Transunion.ca
Podcasts I downloaded... Mortgage Marketing Radio, I Love Mortgage Brokering, Mortgage Marketing Expert, The Tim Ferriss Show
Raymond Daez of EMA Mortgage Team - Mortgage Alliance answers 5 most asked questions on property appraisals.