Jenni MacDonald

Rates Part 1 of 2

Rates Part 1 of 2

Two of the most frequently asked questions that a Mortgage Broker hears are: 1. What is your best rate? 2. What is the difference between a fixed rate and a variable rate? Let’s look at the best rate question first… This is a tough question because the best rate I can negotiate for you and […]

 Jenni MacDonald

Secondary Home or Family Home

There are situations when a borrower is looking to purchase a “second home”. Some scenarios include, needing a city property to cut down on the long commute during the week, a child heading to school, a vacation property, a parent needing to live close-by, etc. Genworth and Canada Guaranty have programs available for Canadians to […]

 Jenni MacDonald

Are You Sure You Want To Be A Landlord? Part 3 of 3

Are You Sure You Want To Be A Landlord? Part 3 of 3

So, you’ve heard some people talking about all the money they make from their rental properties and think it’s a good idea for you too! It might be… or it might not be! Being a landlord is more than sitting back to watch your bank account grow. Here are some of the topics that you […]

 Jenni MacDonald

Are You Sure You Want To Be A Landlord? Part 1 of 3

Are You Sure You Want To Be A Landlord?  Part 1 of 3

So, you’ve heard some people talking about all the money they make from their rental properties and think it’s a good idea for you too! It might be… or it might not be! Being a landlord is more than sitting back to watch your bank account grow. Here are some of the topics that you […]

 Jenni MacDonald

Rent – to – Own (RTO): “If” and “only If” Part 3

Rent – to – Own (RTO): “If” and “only If” Part 3

As mortgages have been harder to obtain and debt loads have been increasing, Rent-to-Own programs have become an option that some people turn to. While this program seems like the perfect answer, it is rarely a good idea for the tenant/owner and is almost always a great option for the Investor. The process begins by […]