Erin Fitzpatrick-Mortgage Agent
2725 Queensview Drive, Suite 500 K2B 0A1 Ottawa, ON, Canada

A reminder to check your credit score regularly! It's an important piece of the puzzle when it comes to qualifying for a mortgage!

Is adding a co-signer to your mortgage application the right decision for you? . . .... . #MortgageMonday #MortgageTips #OttawaMortgages #OttawaRealEstate #MortgageAdvice #FirstTimeHomeBuyers #NewHouse #MoneyTips #PersonalFinance #CanadianMortgages #BarrhavenBusiness #BarrhavenRealEstate See more

When interest rates change, most lenders will offer rates similar to one another. What is NOT the same is the penalty they charge if you need to break your mortgage. Often times, the big banks charger much higher penalties if you need out of your mortgage. Both refinancing, or selling your home during your term are considered breaking your mortgage and can come at a steep cost. .... . . . #OttawaMortgages #OttawaRealEstate #MortgageAgent #MortgageAdvice #MortgageTips #FirstTimeHomeBuyers #FirstTimeBuyer #NewHouse #HomeBuyer #MillennialMoney #MoneyTips #PersonalFinance #CanadianMortgages #BarrhavenBusiness #BarrhavenRealEstate See more

Sounds too obvious, right? But most lenders give you the option of making additional payments (up to a specified dollar value each year). By taking advantage of making any extra payments you can swing, it reduces the amortization period of your mortgage. So if you amortized over 25 years at the time of purchase, and have made your monthly payments, and a few additional payments throughout the year, your amortization will be less than the 20 years at the time of renewa...l. . . . . #OttawaMortgages #OttawaRealEstate #MortgageAgent #MortgageAdvice #MortgageTips #FirstTimeHomeBuyers #FirstTimeBuyer #NewHouse #HomeBuyer #MillennialMoney #MoneyTips #PersonalFinance #CanadianMortgages #BarrhavenBusiness #BarrhavenRealEstate See more