Canada Mortgage and Financial Group
2 Robert Speck Parkway, 7th Floor L4Z1H8 Mississauga, ON, Canada

Creating jobs for students, new graduates or new immigrants that are looking for work and wants to grow with a reputable firm. www.CMFG.ca Starting off as a contract position for 6 months which can potentially turn into a full time salaried position. This is an opportunity where you’ll be exposed to mortgage brokering, lending and real estate development transactions. Training will be provided. ... Job title: Junior Assistant Hourly rate: TBD Pay date: 1st day of each month Skills Required: Communication and Computer Email your resume to me at [email protected]

When we come together as a community - it only gets better. Together we CAN eradicate hunger. No one should sleep hungry. No one should be deprived of food but it happens and it happens every single day! Feed It Forward aims to give 50,000 + meals this holiday season. Feed Canadians Not Landfills. Help us here please https://gf.me/u/za2dfh ... www.feeditforward.ca Jagger S Gordon #GivingNeverMadeAnyonePoor #Help #Canadians #GivingBack #KindnessMatters #Chef #JaggerGordon #FoodRescue #FirstResponders #foodinsecurity #feedingpeople #BeKind #AmeeraAmeerullah #CMFG #OntarioSpirit #Canada #food #helpingothers #christmas #COVID19 #FeeditForward

Money over relationship? Money is secondary to me in a deal or relationship as I believe in treating people with respect and not as a transaction. On mortgages..., I don’t charge a brokers fee unless it’s a private mortgage that I’m brokering. If I’m lending - there is no brokers fee. No brokers fee on the A side and I don’t charge on the alternative B side either but if it’s multiple exceptions on the B side as in income / waiving penalties/ debt servicing ratios etc - then MAYBE I’ll charge a small fee but 99% of the time, I don’t. Fees is not important to me - Relationship is. Most of my clients are referral basis just cause of our service, response time, the way we treat people and no brokers fee on most transactions. One of my client got some good hot sauce for me and that to me is the best gift ever cause I love spicy food and her hot sauce is the best. She makes it so well. Thanks Malaa Mal Relationship is most important than just a business transaction. We must treat people with respect, transparency and not as a number. #mortgagebroker #AmeeraAmeerullah #cmfg #integrity #care #kindness

Closing costs for homeowners/ buyers on some of the items that you should expect: 1. 8% PST of the insurance premium if you’re putting less than 20% down-payme...nt on a property in Ontario so this 8% PST is the Ontario Sales Tax. All mortgages with less than 20% down is insured with either Genworth, CMHC or Canada Guaranty. 2. Searches for example execution search 3. Land transfer tax - if you’re a first time homebuyer then you’re entitled to a rebate portion 4. Registration of Charge - a charge is referred to as a mortgage 5. Title insurance 6. Legal fees and disbursements. Disbursements are items such as bank wire fee, courier, bank draft fee, photocopy, searches etc. 7. Applicable tax such as HST 8. If the deal is being done on the alternative B side then some of the B lenders may holdback 2 to 3 months of property tax from the loan prior to advance. This condition can be waived in some cases especially if the borrower will be paying the property tax on their own. Some lenders will ask for confirmation of a tax account to be set up. If it’s a purchase then your lawyer can provide an undertaking since you’ll have to have ownership prior to setting up a tax account. Not all B lenders mandate this but some do. 9. 1% lenders fee if it’s on the B side lending which is deducted from the loan advance prior to closing. A lenders such as the banks do not charge. 10. Appraisal cost - on a conventional deal, the lender will require an appraisal unless the loan amount is very low then an internal valuation can be done on exception. On insured deals - in some cases, the insurer may require an appraisal if they feel the property is not in a good condition or if they want to take a look at the area then they may do a drive by at their own expense. 11. Discharge fee if it’s a refinance and a penalty fee if you’re breaking the term of your mortgage. Feel free to share as it maybe useful information for those looking to purchase or refinance. Do reach out if you require any further clarity or guidance. [email protected] I 647-242-9814 #Closingcosts #AmeeraAmeerullah #mortgages #mortgageTips #mortgagebroker #mortgagebrokerage #CMFG #Purchase #Refinance #homeownership #homebuyers #realestate #Housing #buyers #investors #firsttimehomebuyer #Canada #Ontario #propertyinvestment #Properties

HIRING: part time 2 personal assistants. Duties: assistant 1 - data entry, handling email, filing, reviewing documents, running personal errands as needed, ke...eping me up to date on deadlines, manage investor queries, correspondence with our EMD, lawyers on processing, research and marketing write up, issuing and tracking invoices / payments / payout / prepare discharge statements / renewal and manage contact database, send out monthly newsletters and tracking of social media audience as required. Duties: assistant 2 - document review and fulfillment on mortgages, data entry and business development. Must be computer savvy, have excellent written and oral communication skills and have a good attitude. I don’t care if you don’t have a diploma or never went to school because I believe personal experience and life experiences are the best training and teachers of life. I expect transparency, a resilient attitude and someone who I don’t have to push. I need you to push me and keep me on point. Your attitude and purpose in life would be looked at when applying. Pay is on the 1st day of each month. PAY is based on our HR review of your resume and interview. We are open to negotiating salaries hence I did not set a fixed amount as I believe people skills should not be set at a fixed amount. We don’t treat people as numbers here! No text messages please. Send a cover letter and resume to [email protected] Become part of an award winning and blemished free company - Canada Mortgage and Financial Group head office in Mississauga by Sq One. Thanks CEO and Founder of www.CMFG.ca #Jobs #hiring #leaders #mortgagebroker

URGENT!!!!! It’s getting cold everyday. We need 1000 Sleeping Bags ASAP for the homeless this winter please. Please help me find a manufacturer for a good p...rice or if you have any connections let me know. We’re looking to purchase 1000 ASAP. It should be for at least -10 and up temperature so it can keep those sleeping on the street warm and it must be waterproof please. You can help by doing the following: 1. Help me locate a good deal from a manufacturer or any connections you have 2. If anyone you know wants to sponsor this by helping out financially then contact me 647-242-9814 or Vishal Khanna 647 291-3838 3. You can purchase the sleeping bags and donate it to us please 4. You can join us in volunteering at Sai Dham Food Bank in Mississauga 5. EMAIL Transfer - Donate by sending an email transfer to [email protected] and use password: Ameera URGENT NEED: Sleeping bags, Blankets , Pads, Toothbrush, Toothpaste, Hand Sanitizer, new Underwear, Socks, Gloves, Hats #Mississauga #GTA #Ontario WE NEED YOUR #HELP #homeless #WinterIsComing #helpthehomeless #helpeachother #TogetherWeRise #HelpHumanity #beinghuman #SaiDham #Cmfg #Canada #OntarioSpirit

An underwriter has a lot on their shoulders and really have to keep a calm mind even though their jobs are so stressful. I admire Diana Reynolds for keeping suc...h a great attitude. Manulife Bank certainly found a gem here! She’s one of the best underwriter and even though she’s been around for many years she is still so patient and pleasant. I can say that #ManulifeBank of Canada does try to make deals work for consumers and I love their products - there’ are so many options. I encourage brokers to start exploring their products if you haven’t done so. - Rick Collard is the best BDM. He would always respond and is there to support you. I’m loving this team. Thank You Rick and Diana and of course Kyra Koko Wong Thanks for the intro and your support my unicorn! #MortgageLender #underwriters #mortgages #mortgagebroker

The clothing drive was successful because of the donors - you’ve helped so many homeless and youths, some of whom has been victims of trafficking so thank you! ...Also thank you to Sai Dham Food Bank for donating 200 lbs of rice to Covenant House Toronto it’s been a huge help to have so many hands come together to serve but there’s still so much more to be done. Winter is coming and I ask that you please go on the streets of Toronto and other cities you’re in where you’ll find so many that are homeless. Shelters are usually occupied and some time shelters are not the safest place to be for some of these victims. Please don’t judge them. Just give if you want to. It matters and it goes a long way. We do need some Sleeping bags please DROP OFF: 1 to 4 pm everyday at 3663 Mavis Road, Unit 6, Mississauga. #SaiDhamFoodBank My cell: 647-242-9814 If you cannot help on your own then the least we can do is gather up few friends and buy a sleeping bag or blanket together for a person who is sleeping on the street or who is staying under garbage and plastic just to stay warm. Remember giving back didn’t make anyone poor and it is our social responsibility to do our part in the community especially for those that are vulnerable. #HelpOnePerson #doyourpart #homelessnessawareness #sleepingbags #GivingBack #homeless #Toronto #OntarioSpirit #Mississauga #BeKind #helpingothers #Support #HELP

WHAT Buyers need to plan for 10 days before closing after obtaining a mortgage: 1. Obtain the insurance binder and you’ll have to add the mortgage lender as th...e loss payee in case of a fire etc. Your lawyer will need this prior to closing. Every lender need this regardless if it’s a purchase or refinance. Shop around and best to check with your auto insurance company to bundle as it maybe cheaper. 2. Call the utility companies eg. Hydro etc to transfer the utilities to your name the day after your closing. 3. Call your billing companies / credit card companies and Canada Post to have your mails be directed to your new home. If you’re closing September 30th then ask that it start coming from October 1st to your new home. 4. Movers - you need a professional mover who will take care of your stuff, punctual and not expensive. Call Steve - he’s got a storage as well and he’s my go to. He goes everywhere even in Ottawa , Toronto , Niagara all over the place. 416 909-6926. 5. Ensure that your lawyer double check that all the seller’s property tax is up to date and paid on the day of closing so nothing is carried over to you on the property. 6. Remember on closing to ask your lawyer for the Statement of Adjustment and a copy of the registered Charge for your records. 7. Painter - if you need a professional painter who is reliable and works quickly, call Harpreet. He painted my moms place and it was such a clean job well done. 647 620-2041. He’s in the GTA and surrounding areas. [email protected] I 647-242-9814 #knowledge #Homeownership #buyers #purchase #MortgageBroker #realestate #AmeeraAmeerullah #Cmfg #Tips #MortgagePlanner #GTA #Canada

Many other province are not charging the provincial sales tax to buyers. What is Ontario doing? Homebuyers pay 8% PST on mortgage insurance premium when putting... less than 20% down-payment in Ontario. The Government should remove the PST cost. The insurance premium is already so high. How can you help Doug Ford Premier Of Ontario ? #homeowners #realestate #Property #housing #buyers #Ontario #MPP #mortgages #mortgagebrokers #mortgagelenders #realtors #homeownership #ontariorealestate #ontariobrokers #insurance #provinceofOntario #salesTax #Cmhc #AmeeraAmeerullah #Cmfg

#GameChanger After hundreds of nominations, I’m humbled to be on the list among the 71 chosen Women of Influence in Canada. The most accomplished professionals... who dedicate their time, experience and considerable skill to their careers, colleagues and communities. These women are leading the mortgage industry towards a more gender equitable-future and working to ensure that the Canadian mortgage industry is a more welcoming and equitable place for the women who come after them published in Canadian Mortgage Professional - CMP Magazine and Mortgage Broker News www.mortgagebrokernews.ca Thank you to all the ladies for putting in the effort everyday in creating opportunities for other women and I’m extremely honoured to share this recognition with my fellow women regardless of the industry you’re in. Keep BREAKING that so called glass ceiling. On that note this recognition feels refreshing so Cheers with a nice glass of fresh lemon juice, ginger, apple, blueberry and raspberry! Yum yum! #Lifestyle #helponeanother #womenleaders #CEO #AmeeraAmeerullah #WomenOfInfluence #CMPMagazine #mortgagebrokernews #Canada #MortgageBroker

JOIN ME LIVE on the call today at 905-450-1333 on Chin Radio FM91.9 at 7 pm Toronto time! Ill be on to answer any mortgage related questions so whatever you w...anted to know, call in and Ill answer them for you this evening. #Mortgage #RealEstate 7 pm EST. ( Toronto time ) on Chin radio FM91.9 today! Guest: CEO and Principal Broker Ameera Ameerullah of Canada Mortgage & Financial Group Host: Billie Ahmed Feel free to SHARE #ChinRadio #Canada #LiveOnAir #BilliesShow #mortgagebroker #AmeeraAmeerullah #CMFG #LiveOnRadio #mortgagetips #mortgages #interestrates #buyers #purchase #refinance #investing #propertyinvestment #homeownership #finance #bridgeloan #Property #construction #commercial #residential

5% down payment is not enough when youre buying a property over $500,000. TIPS on down payment, appraisal and status certificate. Ill write options on what fo...rm of down payment is acceptable and what paper trail is needed in my next post. Any down payment less than 20% is an insured deal. Insured meaning with CMHC, Genworth or Canada Guaranty. These are the 3 insurers in Canada lenders will go to. For example, if you go to TD, Merix or Hometrust or whichever lender- keep in mind, the final decision is ultimately with the insurer with less than 20% down. If the insurer declined a deal then the lender cannot do anything. It doesnt matter who the lender is in Canada. 1. Purchase price: $600,000. The minimum down required is $35,000 regardless of your income or debt servicing ratios. 2. You always need to take 5% up to $500,000 price and 10% of the remainder amount. So if the price is $600,000 then itll be 5% of $500,000 = $25,000 and 10% of the remainder $100,000 = $10,000. Therefore $25,000 + $10,000 = $35,000 on a $600,000 purchase price. 3. Purchase price 850,0000 then 5% of $500,000 = $25,000 and 10% of the remainder $350,000 = $35,000 therefore the total minimum down payment on a $850,000 price is $60,000. ( $25,000 + $35,000). 4. The Downpayment is not all that you need. You must have 1.50% of the purchase price in ADDITION to your downpayment. $600,000 x 1.50% = $9000. Youll need this amount in addition to the $35000. down. 5. The 1.50% is referred to as Closing Cost. Even though you may not use it all, you still need to show it when purchasing. 6. Closing Cost refers to items such as land transfer tax ( LTT), legal fees, appraisal cost and or inspection fees if required etc. ***On insured deals, typically an appraisal is not required and if the insurer wants to inspect the property, they may condition for a Drive By Appraisal where they dont go inside but look from the outside/ the area etc. Drive by appraisal is at the cost of the insurer not the borrower. However if a full appraisal is required and the insurer has any major concerns for eg. with the value then the cost of the appraisal may need to be absorbed by the clients to get a full appraisal done. Some lenders do compensate on appraisal cost in promo at times. Speak with a professional mortgage broker. ***Appraisal cost is anywhere from $299 to $450 and above contingent on location, price, work involved, rush closings or regular timeline etc. A broker can only provide an accurate cost once they have spoken with the appraiser. Clients will always know the cost upfront before having an appraiser go out to the property which will allow you to make the decision if you want to pay that much or not. However the broker can only order an appraisal from the list of the lenders not just anyone off the street that you know unless they are on the list. Sometime a broker cannot choose an appraiser from the list as it goes to a portal and whoever is available next in that area gets assigned. ***In most cases a full appraisal is NOT required on an insured deal. Status Certificate: only when its a condo then you need to have a status certificate. The status of the proper can be a deal breaker. Ask for the status certificate from the seller or the sellers realtor if its a Condo. Condo does not only mean high tall buildings. A townhouse can be a condo townhouse so when purchasing look at the MLS or ask these questions is there a maintenance fee, is this under a condo corp. Get the status certificate in the timeline youre obtaining financing because if you waive the condition for financing and didnt have a condition for a status certificate then a week before closing, the lawyer gets the status certificate and the building has lawsuits and major structural damages - the lender and insurer will decline. **********Remember youre just another transaction for the insurers and lenders. Theyre not going to take on such risks for you. The above are some of the reasons why you need to work with a professional mortgage broker because you walking into the bank is not the way to go. Youre just another transaction there while Brokers have unlimited options and multiple lenders which gives you more flexibility so your options are not limited. At Canada Mortgage & Financial Group we take the time to educate clients from the onset because if an issue arise later - I am the one who would have to deal with that stress so I rather inform the clients and prepare them ahead so that we can eliminate any questions and tackle any unforeseen issues. For eg. Its rare that people talk about mold or structural damages when youre just applying for an approval but a professional broker will bring up certain points to assist you in making the right decision. SHARE this post as it may help enlighten others of the initial basic process. Contact me if you need some guidance and understanding the process / requirements. [email protected] I 647-242-9814 #AmeeraAmeerullah #MortgageBroker #Mortgages #Downpayment #lenders #appraisal #interestrates #Buyers #Purchase #RealEstateTips #realestate #housing #banks #mortgagebrokers #Canada #CMFG #firsttimehomebuyer #homeownership

Doctors dont advise of this unless you feel something is really wrong or if something already happened to you. Dont wait for something to happen before doing ...this please as typically thats when these test eg for a CA125 is done. These two test should have been a mandatory one that everyone should do. Some of you may have done it already but if not, my suggestion is to get it done and recommend that your family/ friends do it. Speak with your doctor. 1. CA 125 - will pick up any cyst/ cancer risk/ signs of cancer, tumor, protein in your blood, pick up any masses etc. 2. Genetic testing - mutated genes - any genetic condition, if youre at risk for developing anything, passing it on, suspected for anything etc. An appointment can take months. Ask your doctor even if you feel okay. Dont be afraid. Its best to know if theres a problem or potential risk so that you can tackle it ahead of time before it takes control and consume you. Get tested! #CA125 #Genetics #Genes #bloodtest #CancerWarrior #health #healthcare #helponeanother #Doctors #oncologist #Gynaecologist #medicaltest #support #AmeeraAmeerullah

Mortgage Pre Approval does not mean youre good to purchase with no concerns. Dont be fooled by this and dont put firm offers in on any property without calli...ng your mortgage broker first. What many clients dont know is a pre approval does not give you the right to go in on a purchase with a firm offer. #Realtors must understand this as well and protect the interest of your clients. You should always obtain condition for financing for a minimum of 5 business days or minimum 3 business days is advisable and if you really want to go in firm then you must consult with your broker first. Here are some of the reasons why: 1. Pre approval is just a system generated approval typically which no one looks at. Only few lenders may look at the application with no documents in hand. The banks are even worse as they dont dig into much of the required items until the deal becomes live. At times when clients send the documents in - their job details may differ from what you understood or what theyve completed on an application. Eg. Temporary Part time is different from permanent part time or commission or salary plus bonus or contract jobs or self employed, or fluactuating income or you may have a T4 or Notice of Assessment from 2019 or job letter 3 months old but that does not mean the income is currently the same also you may have a pay stub showing 40 hours weekly but then when you receive the current job letter later - you come to learn that the client is only guaranteed 30 hours a week and the rest are fluctuating or their letter may state they are part time on contract then youre in a mess because if its not permanent, lenders will ask for the past 2 years and if clients didnt make much income to average then your ratios will be off. ****As for self employed clients - review the 2 years T1 General and YTD business statements to average the income. Even ask for the financials and corporate tax return or T4A / T4/ T5 for those who are on commission or receiving Pension income or investment etc. This will give you an overall understanding so youll know what to use as income. 2. Property type/ location - Income and ratios can be well in line but if the property you purchased does not meet the lenders or insurers requirements then itll be declined. Ive gotten pre approvals for clients in the past but upon receipt of the purchase agreement- the insurer or lender did not proceed because of the property. 3. Some lenders may have a cap on funding on that building if its a condo or some may not want to proceed because of a bad stigma on the property or area. 4. If the property tax or heat or maintenance fee is higher than what was used on your pre approval application then the ratios will change and it may affect your borrowing amount if it goes over the GDS/TDS threshold. 5. Ive seen situations where other properties owned was not included on the pre approval application. This would cause major issues with debt servicing as you would have to disclose all properties owned as its part of your liabilities too eg. Property tax, heat or if theres a mortgage. WHAT IS GDS/ TDS ? It is gross debt service and total debt service. It cannot exceed a certain percentage. Eg. Ratios can be 39/44 for some insurer if your score is 680 +. However go to the 3 insurers website. Google CMHC, Genworth and Canada Guaranty to view their GDS/TDS requirements if youre putting less than 20% down also look at the insurance premium that is capped on your loan based on your down payment amount. If youre putting minimum 20% down then its considered a non-insured deal meaning it is conventional. If your score is 680 + then your ratios can be 39/44. Theres exceptions to this rule as well. Keep in mind, the lenders and insurers has the right to ask for any additional items prior to closing and choose to interpret the documents according to their risk appetite and guidelines. At times, it all depends which underwriter you get as well. Some would think out of the box and provide exceptions. Some clients think going to the bank or on an online calculator for a pre approval is good enough. It doesnt work that way. Contact a professional mortgage broker that will walk you through this process and if there are issues that arises along the way on a deal, a professional broker will always mitigate and fight for you. A broker has access to multiple lenders and deals with all the banks, monoline lenders, alternative lenders, credit union and trust companies. Your options are not limited. With my experience and understanding the various lenders guidelines, I know exactly who does what and know where a transaction will fit hence why I dont submit client files to multiple lenders at the same time and know who to go to. I will also not leave your deal half way if I take it on. I will look up the property with the insurer before you put an offer in as well. CALL ME for guidance and understanding the process if youre looking for a mortgage #Purchase or #Refinance. [email protected] I 647-242-9814 Canada Mortgage & Financial Group YOU CAN SHARE THIS POST TO HELP OTHERS HAVE AN OVERALL INSIGHT. #Mortgage #Knowledge #PREAPPROVAL #mortgagebroker #realestate #property #investments #homeownership #housing #Canada #Ontario #Buyers #Cmfg #AmeeraAmeerullah #topbroker

JOIN US today virtually at the Canadian Mortgage Awards - the show is starting in few hours! Register here for free : https://hubs.ly/H0tQrW20 The countrys top alternative brokers and female trailblazers are called in to share their insight and advice. Im honoured to be on the panel and we are also a finalist in multiple categories this year. Congrats to all the finalists. Thank you to all those that nominated us ... LINK: https://hopin.to/events/cma-virtual-award-show Canadian Mortgage Professional #MortgageAwardsCA #Canada #Cmfg #mortgagebrokers #CMA2020 #Hometrust #CommunityTrust #Leadership #Canadian #Mortgage #Awards #Toronto

What do you think of the #Commercial real estate market these days? Ive been picking the brain of some of the most experience commercial lenders and its interesting to hear their feedback vs some of the economists. Are you interested to have an overall insight? JOIN ME on this panel discussion to hear what we have to say about the Commercial market. Learn more https://hubs.ly/H0tCv3S0... #KeepingBrokersConnected #Canada #Cmfg #ameeraameerullah #commercialbroker #commercialfinance #commericalrealestate #commerciallending #commercialmortgage #commercialdevelopment #commercialconstruction #commercialinvestment #businessowners #mortgagebrokers #paneldiscussion #mortgagebrokernews #realestate

Im looking for some bread, biscuits, milo, tea bags, rice, lentil, salt, sugar, canned foods such as corns, canned tuna or sardine and canned vegetables. Food... items will be given to the #MuslimWelfareCentre for distribution to our Seniors in the Scarborough location and to our youths at #CovenantHouse Toronto. Also PLEASE I really need some clothes, towels and bed sheets for our youths at Covenant House and for those that are homeless in Toronto. Kindly make sure its clean and any size is acceptable. Let me know if you can help out with the above and we can arrange for pick up/drop off Thank you DROP OFF location: 3663 Mavis Road, Unit 6, Mississauga between 1 pm to 4 pm any day. Deadline: Wednesday August 19th. Tel: 647-242-9814. Sai Dham Food Bank Sai Dham Canada #Mississauga #GroceryStores #FoodRescue #feeding #homeless #seniors #clothing #food #Toronto Covenant House Toronto Muslim Welfare Canada

***DEMI HAD MORE THAN 30 BAGS OF BLOOD IN 2 WEEKS AND WE NEED MORE 3 weeks in St Anthony Hospital in Roxas, Capiz and little 5 years old Demi Martha is battl...ing Cancer. It is always more devastating when its someone you know closely or from a distant. This child is the niece of my client who was recently diagnosed with Acute Myeloid Leukaemia in the Philippines. Each treatment cycle cost about $2500 CAD. This is the 3rd cycle shes going on and she needs way more! Treatment / tests may go on for 18 months but the doctor will advise as they go along. Everyone I know from this country are very hard working people and the families are trying their best but they cannot afford it now so we are coming together and asking you to please donate This is one of the worse type of cancer and with your help, this child can get her treatment. I will match every dollar raised up to $2500.00. 1. Donors needed urgently with blood type B+ - if you can donate some blood or have connections there in Philippines to help out - please let me know. 2. We need funds. Facebook takes a portion of the money eg. $30 fee of $900 donated plus it takes time to get the funds however I do understand some of you are not in Canada and this is the only way to donate or maybe youre in Canada and this way is just more comfortable to donate via online options so see the link here to DONATE: https://www.facebook.com/donate/292196598766680/?fundraiser_source=external_url OR DONATE ON GO FUND ME https://gf.me/u/yny5cg ****Alternatively if in Canada you can send an email transfer to [email protected] or to Jonalyn Guadalupe Ildefonso at [email protected] this way we can get the funds right away with no deductions. USE PASSWORD: Ameera PLEASE SHARE as its a huge form of helping too. Thank you for your consideration and generosity in advance. #BloodDonors #donate #FightWithDemi #kindness #givingback #help #children #Cancer #FightCancer #Leukaemia #HelpDemiMartha #Philippines

WON in several categories last year and holy smokes I just realized its the last day for the Toronto Star Readers Choice Awards. ITS JUST ONE CLICK - Can you... please click each link below and select my company Canada Mortgage & Financial Group ? Thank you so much again for taking few seconds to do this for me. #Women #CEO Xo 1. BEST MORTGAGE COMPANY/SERVICES https://www.thestar.com//subcate/mortgage-company-services 2. BEST MORTGAGE BROKER/ ADVISOR - select my name https://www.thestar.com//subcatego/mortgage-broker-advisor 3.. BEST LENDING SERVICES https://www.thestar.com//pr/subcategories/lending-services 4. BEST INVESTMENT COMPANY https://www.thestar.com///subcategories/investment-company 5. BEST BUSINESS CONSULTING SERVICES https://www.thestar.com//subca/business-consulting-service The Toronto Star ***TORONTO START READERS CHOICE #AmeeraAmeerullah #TorontoStar #news #Toronto #Businesses #Canada #ReadersChoice #Awards #Cmfg

UPDATE: 12:11pm now. - It has been arranged. Thanks to Rafeek Baksh for always coming to the rescue! Can someone pick up 100 loaf freshly baked bread for ...me from Mississauga by Lakeshore and Cawthra and delivery to Covenant House Toronto tomorrow to feed our Youths? Our youths who are homeless, trafficked and abused ends up at Covenant House Toronto because its a safe place for them to be. As we all come together in supporting them, they can have the necessary help and treatment, nutrition and most importantly a judgment free safe place to be in. Please let me know if you can deliver these bread for me tomorrow. Realtor Joanna Maio thank you for helping out in arranging this. #TeamRudy Thanks to our community Champ Rudy Cuzzetto - MPP Lakeshore Mississauga for making this happen!!! #OntarioSpirit #food #donation #covenantHouse #Toronto #GTA #HomelessYouth #Cmfg #FeedingProgram #Lakeshore #Mississauga #Mpp #Covid19Support #Foodrescue #bread

Basic information what borrowers need to know when Purchasing a home and obtaining a mortgage. Feel free to share with your friends & family or your clients ...1. Lenders always like to see the down payment amount in your account for at least 90 days in addition to your closing cost of 1.5% of the purchase price. There are exceptions if its less than 90 days, but you want to plan for the 90 days especially if its with 5% down. 2. Minimum down payment required is 5% of the purchase price. ( subject to the property) 3. Down payment under 20% is an insured mortgage. Insured Mortgages meaning the file has to go to the insurer for final approval - CMHC, Genworth or Canada Guaranty. 4. For example - Down payment from 5% to 9.99% has a premium of 4% fee from the insurer which is capped on your loan amount. If you are putting 5% down then insurance premium of 4% is added to your loan. PRICE $480,000 with 5% down or $24000 leaves you with a loan amount of $456,000 x 4% insurance premium = $474,240.00 which will be your total loan amount. This is what you have to qualify for not just the $456K. 5. All insured mortgages have a maximum amortization of 25 years. Only on conventional deals ( minimum 20% down) you can obtain 30 to 35 years amortization. 6. Closing Cost - approximate legal fees and disbursements, land transfer tax, title insurance , moving cost, maybe inspection fee and or appraisal fee in some cases. 7. It is best to speak with the lawyer about approximate legal fees and disbursements. While the lawyer may not be able to advise you of an exact amount for eg. Land transfer tax is based on the property so if you dont have a property in mind then the lawyer cannot advise on this or title insurance may differ in cost. 8. Home insurance policy. Every lender regardless if its an insured or conventional mortgage need a fire insurance policy on the property before closing unless it is a condo building. Condo buildings usually have the cost built into the condo maintenance fee so you will have to obtain the Status Certificate from the building management. You or your lawyer or if you have a realtor can request this from the seller. 9. Income documents - a job letter and recent pay stub if salaried. If on commission, part time, salary plus commission income or self employed income - any income other than regular salary or hourly will require more than just a salary letter and pay stub. 10. When calculating if you can afford a home - dont look at just the mortgage payment, you have to factor in the approximate property tax, fire insurance monthly cost, and utilities. 11. 3% of the balance on any credit card, unsecured line of credit will be used as monthly payment in your liability unless it is a fixed loan payment such as a car loan. Eg. You may have a credit card with $5000 balance and the minimum payment is $65 but the lender will not use that. They will use 3% of $5000 = $150.00. This is important to know when working numbers out for a mortgage approval. The above is just to give you an overall insight of what to plan for as many clients dont know where to start or whats involved. Some clients think all they need is their down payment, income and legal fees. Feel free to contact us Canada Mortgage & Financial Group if you need to plan things out or to have an understanding of the process so that youll not feel overwhelmed or anxious when youre ready. We take that little extra time to go over the process followed by an email for clarity with the pros and cons , worse and best option, and how you can plan things out to attain Home-ownership. It really helps smoothen out the process and avoid any stress for the client and us as well [email protected] I 647-242-9814 #purchase #homeownership #firstimebuyers #housing #education #cmfg #buyers #realestate #mortgages #lending #investors #borrowers #Purchaser #loans #interestrate #Canada

Only 5 has made it across Canada so Congrats to my peers and my team! YOU ROCK!!! Im honoured that my company Canada Mortgage & Financial Group has made it ...as Private Lender of the Year and Im quite humbled for this recognition of Community Service. Ive always said, when we can give back to the community, it is not for recognition, it is our duty. ***A great advice I carry forward that my Father has left me with is - Give back to others and the community without expecting anything in return and dont ever look down at people. It is a privilege and opportunity to help another. This is how I remember my Dad today and everyday. Thank You to all those who nominated us. This is an industry Ive been serving since 2001. I had to push barriers and take up space. I share this recognition with you as a Woman CEO who is standing tall and stronger than ever! #WomenLeaders #CEO #AmeeraAmeerullah #MortgageBroker #Lender #Humanitarian #PrivateLender #CommunityService #MortgageAwardsOfExcellence #MAE #mortgageAwards #Cmfg #Canada #Awards

So heartbreaking. I cant imagine the freaking government made it legal. These men are ruthless and I hope they burn in hell. Men are supposed to be protecto...rs of women and children not take advantage and abuse them. So sad to see these children and women living this life everyday. I feel so helpless when I see things like this happening because I would love to remove all the children and women from here then burn the village! I wish I had so much money and be in a position of authority when I see things like this. Who knows this area and who would like to help out in educating these women to not allow themselves to be tortured and abused because of poverty and their vulnerability? These men should be burned alive! If the government allows women and children to be in such environment then there are consequences. We need to reach out to their government on issues like this. Most importantly, we can help in getting as many away from this environment. I will contact some NGO and if youd like to help - please contact me [email protected] I 647-242-9814 Christine Latchana thanks for sharing this video. LINK: https://m.youtube.com/watch?v=JYPyI1agpiw #SayNoToAbuse

Why more than 5% down payment is required on a purchase price above $500,000 ? ***Any time the purchase price is ABOVE $500,000, the down payment is calculated... as 5% on the $500,000. and minimum 10% of the remainder amount on insured mortgages. Insured mortgage Vs Conventional 1. Less than 20% down payment is an insured mortgage. Minimum 20% or more down is a conventional or uninsured mortgage. 2. Insured mortgages have a maximum amortization of 25 years. 3. Conventional or uninsured mortgage amortization is more than 25 years such as 30 to 35 years. When clients put less than 20% down, heres how the down payment is calculated as its an insured mortgage. Canada Mortgage and Housing Corporation (CMHC) Example 1: ( price above $500K) Purchase price: $800,000 Down payment: $55,000 minimum. 5% of $500,000 = $25,000 and 10% on the remainder $300,000 = $30,000 therefore the total down payment required is $55,000 on a purchase price of $800,000. Example 2: ( price up to $500K) Purchase price: $500,000, Downpayment: $25000 ( Only 5% is required as the price does not exceed $500,000). Example 3: Purchase price: $600,000 Down Payment: $35,000 (5% of $500,000 and 10% of 100,000). Example 4: Purchase price: $550,000, Down Payment: $30,000 (5% of $500,000 and 10% of 50,000). NOTE: Lenders want to see an additional 1.5% of the purchase price in your account in addition to the down payment. Even though you may not use it all but they just want to know clients have more than the down payment to cover the closing cost such as legal fees, land transfer tax, maybe inspection etc. I hope the above is helpful and gives you an idea how the down payment calculation works if youre purchasing a property above $500,000 and have less than 20% down. Canada Mortgage & Financial Group [email protected] I 647-242-9814 I www.cmfg.ca #downpayment #purchase #realestate #mortgages #cmhc #genworth #homebuyers #housing #Canada #Cmfg #Mortgages

APPRAISAL VALUE: Do ensure the appraiser is on the list of the lender and do not provide the lenders information to the appraisal company at the time of orderin...g the appraisal. Why? You may disagree with the valuation or you may end up with another lender. If you do decide to work with another lender then youd probably have to pay for a letter of transmittal to have the report be sent to the new lender and you may need to obtain the original lender consent to release that report. Here at Canada Mortgage & Financial Group we would always obtain a draft brokers copy of the report for review and once satisfactory, then only we would instruct the appraiser to release the report to the assigned lender. Some appraisers opinion may differ from what the actual market valuation is and the appraiser may not have used proper comparison such as using comparison from a street thats far off or a property that is not similar to the subject property or there maybe no recent sales for comparison to go by or maybe there are few comparison but the appraiser missed it or it could be their opinion is subjective and biased because of a negative connotation they have of an area - You just never know! These are all reasons that can either make or break a deal. Although appraisal cost is at the borrowers expense - please do not go for only cheap cost but work with a professional who understand the real estate market that is competent and licensed to appraise such asset class. Such person will know what to look for in order to give a fair, realistic and make sense value with proper reasoning. Such person may also have a passion for real estate and will see value in items that someone incompetent wouldnt. #CMFG #mortgages #appraisers #realestate #Canada #purchase #refinance #property #housing #loan #funding #RealEstateMarket #Economy

This morning #TeamRuddy prepared & delivered meals for frontline health care workers at Scarborough Health Networks Birchmount Hospital, at Oasis Convention Ce...ntre, thanks to Vishal Khanna at the Sai Dham Canada, and Ameera Ameerullah at the Canada Mortgage & Financial Group. Thanks Rudy Cuzzetto for all your support you have showed towards small business in this crisis. #MississaugaLakeshore #OntarioSpirit #occ See more

We will look at any real estate related deal except Cannabis at this time. If CMFG is not interested to take on the loan, I can always speak with our lending pa...rtners who may have an appetite that includes few pension funds. In some cases, we share the loan. We do place deals with an institutional lender if it fits instead of going private since we have a brokerage division as well. Asset Type and Deals we are interested to look at: #REALESTATE 1. Land is 50% LTV - can push it a bit higher contingent on client profile, location, end use. 2. Farms 3. Construction 4. Apartment buildings 5. Hotels if its income producing but no development for now unless the client has enough equity injection and its a branded name 6. Industrial 7. Religious facilities - GTA only 8. Condo conversion 9. High and low rise 10. Multi res 11. Single family residential, mixed use 12. Gas station - branded name #BUSINESSLOANS The only type of business loans we will look at are pharmaceutical, dental practice or manufacturing businesses. [email protected] I 647-242-9814 #Mortgages #realestate #lending #finance #loans #purchase #refinance #Canada #Construction #Housing #Hotels #Farming #GasStation #Developers #Apartment #Building #Builders #Borrowers #GTA #Toronto

Thank you to everyone who liked and followed this page. We appreciate your support. Heres whats happening with the new mortgage rules! Insured mortgages: To date, Genworth and Canada Guaranty rules did not change except #CMHC Effective July 1, 2020 - Borrowers downpayment may include savings, sale of a property, non repayable gift from family, funds borrowed against your liquid financial assets or real property, or a government grant. Minimum credit score is 680, maximum ...GDS/TDS debt servicing is 35/42 ratios. #downpayment #insuredmortgages #mortgages #realestate #buyers #property #Canada

If you have a shortfall of down payment, here are your options: 1. Government incentive of 5% to 10% down payment. This program is for first time homebuyers w...here your income cannot exceed $120,000. annually and your total borrowing is no more than 4 times your annual income. You have 25 yrs to repay the loan or if you sell prior. You will have to repay the same percentage you borrow based on the current value of your home at the time of repayment. 2. If you have 10% down, then I can assist with a loan up to 10% of the purchase price or appraised value whichever is lower. 3. If you have good credit then you can borrow a line of credit to assist. 4. Someone can co sign so that you dont have to come up with more money. 5. Family member can gift you the down payment. 6. Go for a lower purchase price but if you cannot locate a property for a lower range based on where you want to live then we can look at the above options. At Canada Mortgage & Financial Group we are always here to find alternative options to assist. This may not be the right time to purchase given your situation but its important to know your options and plan things out. Tel: 647-242-9814 I [email protected] #HomeOwnerShip #help #financialPlanning #mortgages #downpayment #purchase #buyers #purchasers #homeowners #realestate #Canada #GTA #Housing #interestate

We have become consumed as a nation. Its so messed up when relationships have become just text messages. Some of us dont even remember when was the last time ...we heard a relatives or friends voice. I can relate to this too. Not that people dont care but its just that we have become so consumed and distracted as a nation. The societal demands we are enslaved with weigh us down, and we have lost that human contact with ourselves and others. We need to reconnect. Ive made that decision to have relationships with more substance and one way of doing that is to have more of an inter-human connection. I encourage everyone to start calling your friends and loved ones more often than texting. Sharing something special or an important news, hearing that laughter or having that real time connection is so much more meaningful. #AmeeraAmeerullah #Life #relationships #reflection #wayOfLife #Communication #family #friendship #SpreadLove #Humanity #foodforthought

Q&A - Ill answer any questions that you may have about residential, construction, hospitality, land, farm, religious facilities and commercial mortgages in Can...ada. Ask me anything. Im like a mortgage encyclopedia #finance #mortgages #realestate #Residential #Commercial #hotels #construction #industrial #banquetHalls #churches #temple #mosques #Farm #land #mortgages #loans #finance #Canada #Cmfg

Im short of 100 meals for Monday at 12:30 pm to Birchmount Hospital. Any restaurant willing to help? Please contact me at 647-242-9814. Thank you #Covid19Response #food #frontlineworkers #Toronto

Keeping track of your credit is not only important but it is necessary to ensure no one is committing fraud using your credit. Its free and does not affect yo...ur score to obtain your equifax report here www.borrowell.com Do NOT allow anyone to pull your credit because every time someone pulls your credit, it affects your credit score. I can guide you on how to boost your score rapidly to improve your credit and give you some tips on how the reporting is done. Even if you want to refinance or purchase a property - I can work the numbers out and advise on the maximum loan amount youll be qualified for and guide you through this process. ***imagine your score was borderline and you went to your bank for a pre approval but found a property 2 months later? Theyll have to pull your credit again. [email protected] I 647-242-9814 #credit #creditreport #equifax #borrowell #cmfg #mortgages #interestrate #Refinance #Purchase #Canada #RealEstate #Mortgagebrokers #borrowers #investors

Someone once said when you love someone with dementia you lose them more and more everyday. When they are diagnosed, when they go through different stages, when... they go into care and when they die. This is called Ambiguous Loss. Rapidly shrinking brain is how doctors described it. I wouldnt wish Dementia on anyone. As the persons brain slowly dies, they change physically and eventually forget who their loved ones are. They can eventually become bedridden, unable to move and unable to eat or drink. There will be people who will scroll by this message because dementia has not touched them. They may not know what its like to have a loved one who has fought or is fighting a battle against Dementia. To raise awareness of this cruel disease, I would appreciate it if my friends could put this on their page for today. Hold your finger anywhere on the message to copy and paste to your Timeline. Thank you For all those that have had friends or family members living with Dementia

***NO appraisal up to 65% LTV on this second mortgage product. Loan size $20,000 to $300,000 from Canada Mortgage & Financial Group CMFG Fund No third party l...ender. 1. Ontario only - Residential and Mixed Use. 2. Application and equifax credit report must be in on or before June 19th. 3. Same day written commitment and can close in 2 business days subject to solicitor work. 4. No power of sale/ foreclosure on this product 5. Rate 12.99% and fee to be determined. Minimum $1000. 6. No GDS/ TDS. Minimum credit score 550. 7. We can use one lawyer for loan amount under $50,000. Contact: [email protected] I 647-242-9814 #PrivateMortgage #alternative #cmfg #lending #realestate #property #investments #debtconsolidation #loans #privatelending #mortgages

***NO appraisal up to 65% LTV on this second mortgage product. Loan size $20,000 to $300,000 from CMFG Fund see details here Contact: [email protected] I 647-242-9814 #Ontario #privatemortgages #cmfg #loans #property #lending #mortgages #realestate #secondmortgages #mortgagebrokers #realtors #investors #privatelender

MORTGAGE RATE DROP: 1.99%...3 yrs, 2.09...5 yrs at 25 years amortization, and conventional 30 years amortization Mortgage Rates at 2.19% to 2.29% for 5 years fixed. These rates are our discounted brokers promo rate with our preferred institutional lender. 1. No brokers fee. 2. Response time within 24 business hours 3. Rates are contingent on credit repayment history, credit score, debt servicing ratios so income and liabilities ... 4. We have mortgages up to 35 years amortization at 2.34%... 5 years fixed ***Alternative Lending Options Promo 40 years amortization up to 95% loan to value. Rate from 5.99% and fee from 1%. *** Interest Only - Another option is for smaller town / rural / well and septic properties with a lending partner who happen to bring in some large capital and is interested to go to these smaller pocket area which many lenders dont like to touch. At Canada Mortgage & Financial Group Im always looking for strategic relationships to create products and programs that bridges the gap in the alternative sector for clients because I believe everyone deserves an option. #CMFG website will be updated later today with the above options and pricing but I wanted to share this announcement with you. #mortgage #rates #banks #alternativelending #mortgages #Lending #realestate #property #firstimebuyers #investors #purchase #refinance #banks #Housing #Homeowners #Investors #privatemortgages #ruralproperties #smalltowns #Canada #borrowers #loans #buyers #residential #RealEstate #Canada

PROMO PRIVATE MORTGAGE RATE & FEES - This is specifically for the GTA or major surrounding urban areas with CMFG and our co funding partner. Brokers will need t...o charge their fees on top! We will consider other areas on exception of marketability and credit application strength of borrowers. 1. Minimum score in the mid 600, exceptions may apply case by case. 2. Flexible Term 3, 6, 9, 12 months with the option to renew. Interest only. 3. No GDS or TDS ratios - provide 3 month bank statements and confirmation of no tax arrears or itll be paid from the proceeds 4. Existing loan shouldnt be in default or arrears if its a refinance. *Only Residential first mortgage pricing attached. If you require a Higher 1st mortgage loan amount then pricing to be discussed. We also offer second mortgages, rate and fees to be determined contingent on location, loan to value and credit application profile. *Please explain your deal summary and exit plan on all request. CONTACT [email protected] I Cell: 6472429814. #privatemortgages #cmfg #lending #realestate #purchase #refinance #privatelending #GTA #Ontario #realestate #housing #property #investments

Oasis Convention Centre has been cooking for Mount Sinai Hospital, Birchmount, Scarborough General, Bridgepoint Hospital and so many others! You know everyday ...they volunteer doing this while having their bills to pay. Thousands of meals are being served on just this feeding program. Thanks to the Head Chef Krunal Desai who has been making this happen not one day a week but every single day! I am asking a little financial support to help cover some of the basic cost eg. Utility bills Can you help me raise $5000? I will match every $1 raised up to $1000. Thanks to Danesh Irani Vishal Khanna of Sai Dham Canada Rudy Cuzzetto #RudyConnects Joanna Maio and all the volunteers for your help in making this happen everyday. #Covid19Response #Cmfg #Oasis #Fundraising #Food

The world witnessed the murder of Mr. George Floyd and yet his murderers are not arrested or charged. Please Sign this petition. #JusticeForGeorgeFloyd

I cannot use the word officer here because these culprits are a disgrace to the police force. Disturbing to watch as this brutal beast had his knee on Mr. Floyd...s neck. The public kept begging for this beast to stop as Mr. Floyd couldnt breathe. He pleaded, begged and kept on saying he cant breathe then died in that state. This is so difficult and very traumatizing for the families. These beast have misused their privileges and murdered this man If justice is not served then I wouldnt be surprised to see someone attack every police officer ( even innocent ones). It is every police officers responsibility to hold these beast accountable and ensure justice is served. These beast should be charged with murder and put away for life in prison. THIS IS NOT AN ACT OF DEFENCE. GEORGE FLOYD WAS TORTURED UNTIL HIS LAST BREATH. THIS IS MURDER. View Link: https://www.dailymail.co.uk//New-video-shows-George-Floyd- #ICantBreathe #JusticeForGeorgeFloyd #USA #Minneapolis #police #cops #LawEnforcement #BrutalityAgainstHumanity #law #policeofficers #GeorgeFloyd #RIP

Grateful for the opportunity to serve our frontline workers. Such a great team Rob and Stacey to include all the others at Mount Sinai and Bridgepoint Hospital.... Theyve been risking their lives everyday for us at Sinai Health Here are our Community Champs that supported Canada Mortgage & Financial Group feeding program at Mount Sinai Hospital, Toronto ISNA Canada Nabeel Mirza @Maroun Khalil - Framing Art Expo Inc. 4167287777 Danesh Irani (Danny) - Oasis Convention Centre Tony Francis Remax West Realty Inc. Habeeb Alli - Muslim Food Bank and Community Services Vishal Khanna - Sai Dham Canada Sai Dham Food Bank Rudy Cuzzetto MPP Lakeshore Mississauga DhamalMasti Group Sandip Dagli - Avsar - Gujarati Thali & Street Food Joanna Maio Century 21 Best Sellers Ltd. @Claire Santos Jenna-Marie Donnelly Mrs. Galaxy Etobicoke Canada Galaxy Pageants Jai Wadhwani Remax West Realty Inc. Payal Banquets & Convention Centre Pt Ishwar Maharaj Doobay Rajmini Ram - TropicalEscape RestaurantLounge Uzma Siddiqui Hitesh Rana - Daal Roti Indian Tadka House Baraka Super Market 60 Danforth Road MOST IMPORTANTLY- Thank you to all our volunteers, drivers and the amazing Chefs!!!! #SinaiHealth #covid19 #covid19Response #food #COVID19Ontario #frontlineworkers #Cmfg

Typical loans that are tough to get done usually ends on my desk - most noted are private second mortgages, Raw Lands, Farms, Cannabis, Construction, and Religious facilities also a builders deal with a dream thats leveraged up to the tip of their head. The best part of it all is when the broker or client would say - if you get this one done, Ill send you more deals. On that note - if you need a loan to purchase or refinance a farm, contact me as we have access to some... capital with a lending partner that needs to go out. Response time 48 hours. [email protected] or call 647-494-9885 ext 107. #mortgages #loans #farming #farms #Canada #funding #realestate #cmfg

We lost another hero. Our deepest condolences to the team of #CFSnowbirds and the family of Captain #JennCasey Shes now a bright shining star from a distant. May her soul rest peacefully. #RCAF #CaptainJennCasey #Halifax #Canada #CanadianForces #hero