Kuldip Brar
2005 Sheppard Ave. E Suite 200 M2J 5B4 Toronto, ON, Canada

1 in 10 homeowners rent or plan to rent an area of their home (according to Mortgage Professionals Canada 2020 Consumer Report). If you are interested in exploring how a rental income can impact your affordability, send me a message and we can look at your options.

Why use a mortgage broker? Choice with access to multiple lenders you can be sure you are getting the right mortgage for you. When you get your mortgage from a bank you only have access to one lender, that bank. As a mortgage broker I have access to banks, credit unions, private funds and more.

Did you know that 41% of first-time buyers use a Mortgage Broker? I specialize in helping first time homebuyers get approved. If you are ready to buy or thinking about buying, send me a message and we can find the mortgage that's right for you.

Let the equity in your house, work for you! Refinancing your mortgage to renovate your backyard not only adds value to your house it lets you create the oasis you need to escape this summer. Send me a message to discuss your options, my services are free.

If you are in the market to buy, send me a message for a pre-approval to find out how much you can afford. To help with the process, I included a list of items below you will need: ID Proof of employment Proof you can pay the down payment & closing costs... Info about any other assets you have (car, cottage, boat, etc.) Info about any debts or financial obligations that you have See more

Here are 7 tips to help you get approved for a mortgage: 1. Check your credit score 2. Save a larger down payment 3. Keep your income stable... 4. Pay down existing debt 5. Get a mortgage pre-approval 6. Get a great rate 7. Know what you can afford and what you can’t See more

It’s that time of year just a reminder to all our first-time home buyers to take advantage of the Home Buyers Tax Credit (HBTC). It can give you up to $750 in tax relief. https://www.canada.ca///line-31270-home-buyers-amount.html

As we get used to our new normal many Canadians are finding ways to get away close to home. You may be surprised to find out you can utilize the equity in your home to purchase a vacation property, just ask!

Do you have questions about your mortgage? Maybe you are wondering if your current mortgage is still right for you. I have the tools needed to run the numbers and see if it makes sense for you to make a switch. Reach out today and schedule your free, Spring Mortgage Check-up.

Your credit score determines what loans you qualify for and the interest rate you will pay. Here are 4 tips to help you increase your credit score. 1. Pay all your bills on time. 2. Avoid maxing out your credit. Balances above 50% of your credit limit will harm your credit. Aim for balances under 30%.... 3. Have a variety of credit accounts. Having a mix of credit products (credit card, retails store card, line of credit, car loan etc.) will produce more points on your file than having only one type of credit. 4. Use your credit! The biggest tip to a good score is to use credit and repay that credit on time all the time.

With interest rates low now is a great time to get into the market. Here are 3 tips to help first-time buyers navigate the landscape.

A rate hold will allow you to secure your interest rate so you can take your time house shopping. In the event rates rise you will be able to take advantage of the low rates available today. In the event rates drop, you will still be able to secure the lowest rate available for you when you are ready to buy. If you are thinking of buying over the next couple of months now is the time to secure your rate. Send me a message and we can take care of this for you.

Spending more time at home has naturally caused us to change and renovate our spaces. Did you know that your renovation costs can be incorporated into your mortgage? Send me a message and we can look at the options available to you.

Wondering if it is time to refinance your mortgage? Here are 3 situations where refinancing makes the most sense in our current market: 1. If it lowers your monthly rate and payment. 2. Pay off high interest debt to lower your overall monthly payment obligations. 3. To fund home renovations or other major (but necessary) purchases.

Wishing everyone Happy Holidays. Spend quality time with your Family and your loved ones. May this festive season bring you Happiness, Success and Prosperity! #HappyHolidays #MerryChristmas and #HappyNewYear #MortgageAlliance www.kuldipbrar.ca

A lot has gone on this year in the mortgage market. We have had everything from rate drops to deferrals to restrictions come at us and your personal situation may have changed. As the year comes to an end, if you have not made time for your annual mortgage check-up, now is the time! Send me a message and we can review your situation, free of charge, to ensure you are getting the mortgage that’s right for you.

To best meet your needs, mortgage brokers like myself, have a wide array of products to choose from banks, private sources, independent lenders, etc. If you are in the mortgage market, we should talk. Whether you are looking to explore your options or get a second opinion, the lending options available could save you thousands!

If you are a homeowner and struggling with high-interest debt payments, we should talk. It may make sense for you to refinance and access the equity in your home to pay off your high-interest debt. Your mortgage is typically the lowest interest rate to borrow money. Refinancing to pay off high-interest debt and lumping everything into your mortgage payment could free up extra cash each month by saving you on interest. Send us a message and we can see what's available to you.

Regardless of your financial milestones it is important to know what makes up your score so you can keep it on track. Pay your bills on time, have a good mix of credit accounts, and keep a lower ratio of debt used to credit available. Click below for more details about factors that impact your credit score. https://www.consumer.equifax.ca//what-impacts-credit-sco/