Thinking of purchasing or leasing a new car? Some quick math for you. A $400.00 payment will reduce your total mortgage qualification by $100,000.00 Ouch. I will confess that I think about new cars for at least a moment or two daily, fast cars and I go back a few...
Amid a few more ‘sky is falling’ headlines it felt appropriate to inject some basic logic into the equation. Although I personally continue to foresee prolonged low interest rates, it is worth doing the math on what the cost of interest-rate hikes actually...
If you are retaining your residence as an investment property (rental) and moving on to your next home, there’s one very important first step. Before you do anything else, evaluate your current financing and look for opportunities to achieve the maximum leverage...
[vc_row][vc_column width=”1/1″]If you build it, they will come… and finance it. Maybe. Construction Financing – These Files are Not all Built the Same. Unless you build something that is perhaps less ‘marketable’ than what is...
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...
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