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What to Know About Bridge Financing

What to know about bridge Financing

Current homeowners looking at selling their existing home and purchasing another can have specific needs that first-time homebuyers don’t have to be concerned with. What happens when the closing date for the purchase of your new home lands BEFORE the closing date of your current home? How can you make the downpayment for the new […]

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How Much of a Downpayment Do I Need to Purchase a Home?

How much of a downpayment is needed to buy a home

How much of a down payment do we need to purchase a home? I am frequently asked this question as a Grimsby Mortgage Broker, often by people who have pre-conceived notions either from the internet, friends and family, or late-night real estate shows. Typically, you require a minimum 5% down payment, however, due to changes […]

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Tips for Saving for a Down Payment

Savings for a Down Payment - Hamilton Mortgage Broker

One of the hardest things for homebuyers to do is save up enough money for that all-important down payment on a home. As a Hamilton mortgage broker, I’ve always said that it’s best to start saving up well in advance. After all, the bigger the down payment, the lower the mortgage loan and monthly repayments […]

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Hamilton Down Payment Assistance Program

As a Hamilton Mortgage Broker, I have been receiving inquiries regarding the Down Payment Assistance Program offered through the city of Hamilton, There seems to be a bit of confusion about this program so I thought I would try to shed some light on it. After speaking to the Hamilton Housing Clerk and explaining that […]

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