Select Page
82 Years Old with a 30 year Amortisation?

82 Years Old with a 30 year Amortisation?

Can an 82-year-old take out a new mortgage with a 30-year, or even a 35-year amortisation? Strictly speaking, YES. In fact, in 2009 my then 82-year-old client did just that in order to invest the capital. With the net profits between the 2.25% mortgage rate enjoyed...
Does a 90% Monthly Rate of Return Interest You?

Does a 90% Monthly Rate of Return Interest You?

If you are considering an Open Mortgage or are currently carrying a significant balance on a secured line of credit this post will be of value to you. Interest only payments are great from a cash-flow perspective, but perhaps there is more to consider, read on. Short...
Portability, of course your mortgage is portable…or is it?

Portability, of course your mortgage is portable…or is it?

Short Version Asking whether ones mortgage is portable or not is not the right (complete) question. Confirming that one is able to qualify to port their mortgage to a new property is the key question. Speak to your Broker in detail about your plans, and assume...