Transcript of Video Blog: Hi everybody. Rowan Smith from the Mortgage Centre. I want to talk today about credit, specifically someone that doesn’t have a reporting credit score. I had a client call me this week who has tons of assets. They ran two different companies. The companies, the companies not her, have fantastic credit. [...]

Transcript of Video Blog: Hi, everybody. Rowan Smith from the Mortgage Center. I want to talk today about self-employed people and what the banks want to see from you in terms of the income documentation. Like everybody else, they want to see notices of assessment to prove that you’re filing your income-tax, as in you [...]

This week’s post is guest post by Pamela Harris of http://www.realestateguidance.org/ discussing some of the rate moves we’ve seen: According to the recent reports, there’s a strong international demand for the Canadian bonds from some of the biggest banks and this is pushing down the mortgage rates to record low levels. The Bank of Montreal [...]

Transcript of Video Blog: Hi, everybody, it’s Rowan Smith with the Mortgage Center. I’m here to talk about biweekly payments and why they pay your mortgage down faster. Now, I want to use a nice simple example to show you why this works, because it’s no magic and it has nothing to do with just [...]

Transcript of Video Blog: Hi everybody. It’s Rowan Smith from the Mortgage Centre here today to talk about down payment. Specifically I want to talk about gifts. A lot of times people will go to purchase a home, they will have a mortgage all in place, and then the bank will decline them because of [...]

Transcript of Video Blog: Hi everyone. Rowan Smith at the Mortgage Center. Going to talk today about my favorite topic and probably my most popular one on all of my blogs, former marijuana grow ops. I want to talk about a specific program that’s come out for these because in most of my prior posts [...]

Transcript of Video Blog Hi, everyone. It’s Rowan Smith with the Mortgage Center. I want to talk about down payment confirmation today. I did a previous post on gifted down payment. This post will be specifically on normal down payment coming from savings. What do the banks want to see? Well, the general rule of [...]

Transcript of Video Blog: Hi everyone. Rowan Smith from the Mortgage Centre. I want to talk today about properties that are difficult to finance. I’ve run into a whole bunch of these in the last couple of weeks so I thought it would be pertinent putting out an actual post to explain properties that you [...]

Transcript of Video Blog: Hi everyone. Rowan Smith from the Mortgage Centre. I want to talk today about what differentiates me, a broker, from just walking into your bank. If the only thing in the world you care about is rate then perhaps the bank is the best place for you to go. They may [...]

Transcript of Video Blog: Hi everybody. It’s Rowan Smith with the Mortgage Centre. I want to address Bank Montreal’s 2.99 percent offer that’s on the market and to explain some of the restrictions that people need to be aware of, some of the fine print. First off, yes, it’s one of the lowest rates historically [...]