Jen Lowe Mortgage Broker
207-3531 Uptown Blvd V8Z 0B9 Victoria, BC, Canada

I feel extremely blessed and grateful for the collaboration with my favourite top notch realtor referrals, my existing clients and friends for trusting me (you all know who you are!) with your mortgage needs. I am so thankful to be apart of the BEST brokerage in Canada. I have achieved 'Diamond status' which means that I am in the TOP 5% of mortgage broker professionals in Canada. Cannot wait to receive my framed Diamond Award. Thank you all for your TRUST and I look forward to a great year ahead!

Happy Monday! #mondaymotivation

To say THANK YOU to our First Responders across the country for all that they do for our communities. Are you a first responder? Or do you know someone who Is a first responder? Police Officers Paramedics... Firefighters (employed and volunteer) Correctional Services Border Services Search & Rescue (employed and volunteer) Registered Physicians Registered Nurses Ask me for more information about this exciting new program starting June 1st 2021.

It's Friday! #tgif #fridayvibes

With today’s technology accessing information is a tap of a button. Whether you are looking for your first home or just wanting to make a move; I can help you find the right mortgage suited to your home buying needs. Connect with me today for more information! Visit: https://bit.ly/3dFYRen ... Email: [email protected] #mortgageprofessional #ilovewhatido #credit #preapproval #rates

If I Co-Sign A Mortgage, How Will This Impact Me? - Jen's March Giveaway - https://mailchi.mp//if-i-co-sign-a-mortgage-how-will-this-

Happy Victoria Day! #victoriaday2021 #staysafe

#tgif #fridaymood #victoriadaylongweekend #staysafe

It’s most likely been another busy year for you. With so much to do, there is never a bad time to reflect on your finances, more specifically your mortgage. Maybe you’ve had your mortgage for a couple years and it’s not top of mind. But things have not only changed in the mortgage industry but also likely your own finances. Let’s schedule your check-up today! Visit: https://bit.ly/3dFYRen Email: [email protected]... #mortgageprofessional #ilovewhatido #credit #mortgagereview #rates

Happy Friday! I hope you enjoy your weekend. #tgif #weekendvibes

Thank you for such an amazing review! #fivestarreview #mortgageprofessional #ilovewhatido #preapproval #rates

Happy Mother's Day! #mothersday2021

#tgif #fridayvibes #staysafe

When is a good time to buy a home and take out a mortgage? A good time is when you’re personally and financially ready. That means you have a steady job, and you’re settled in your personal life to be able to take on a commitment of a mortgage. Let’s chat today to review your future home buying goals. Visit: https://bit.ly/3dFYRen Email: [email protected]... #mortgageprofessional #ilovewhatido #credit #preapproval #rates

From my family to yours, Merry Christmas!

Forever grateful for those that fought for our freedom we have today

I received this most heart felt thank you from a client that I wanted to share: Just wanted to thank you most sincerely for that tremendous amount of work you have put in over the last nine months helping me secure a mortgage to purchase my first home. I am very happy with the outcome! I can honestly say that you made my home buying experience a very smooth one. You made yourself available for my endless questions either by phone, text, or email. I truly believe you acted in ...my best interest throughout the process. For my future loan and refinancing needs, I won't entertain even a thought of reaching out to another lending professional. Once again, thank you! Appreciatively, Mansour

This is an excellent way to bump up your credit score. Most lenders want you to have 2 tradelines reporting on your credit bureau so if you have 1 credit card, a cell phone and your rent-- you are golden! Please contact me for more info! https://www.mortgagebrokernews.ca//new-hope-for-firsttime-

Bank of Canada maintains their overnight lending rate-- what does this mean for you? Rates aren't going anywhere for the foreseeable future. Please see the economic report attached written by Dominion Lending's Chief Economist Dr Sherry Cooper! https://mailchi.mp//bank-of-canada-holds-overnight-rate-at

Do you know what happens to a home or a mortgage when someone dies? The importance of having a Will is discussed in the attached article. Definitely something you don't want to learn the hard way as the impact can be extremely stressful for surviving family members https://www.mortgagebrokernews.ca//what-happens-to-a-home-

Check out my interview with Jane Johnston!

Perfect Sunday morning walk at esquimalt lagoon! #yyjvictoria #esquimaltlagoon #mortgagebroker #readyforanewweek

Looking forward to listening in to this!

This post written by one of my broker colleagues provides a great insight on what a preapproval actually means... - it is a very misleading word honestly as it includes approval in it!

Check out these numbers on our economy. The real estate market has bounced back! What will be interesting is due to the HUGE increase in lumber costs how this will affect house prices in the fall! https://mailchi.mp//record-setting-canadian-housing-market

What a great event coming up on Monday! Looking forward to it!

Well after the panic of CMHC making it harder to qualify for a mortgage starting July 1st, I am happy to report that Genworth and Canada Guarantee (the 2 other privately owned mortgage insurers) are not following suit like they always have in the past. This is great news and so good to have a bit of competition in the mortgage insurer space! https://www.mortgagebrokernews.ca//genworth-and-canada-gua

It has been all over the news-- here is an update for you on the changes with CMHC coming July 1st

Big changes coming for anyone that wanting to puchase a home with less than 20% for a down payment- please watch the attached video done by one of the best in the industry, Dustan Woodhouse who is the president of Mortgage Architects. Dustan explains the impact of the changes 3 of them unfortunately - most significant change is the reduction to the qualifying ratios -meaning after July 1st your borrowing power is reduced, but house prices have not reduced...I will be reaching out to all my current preapproval clients over the next few days to discuss the individual impact. Key date is July 1st for the changes to take effect.

Fingers crossed the qualifying rate for mortgages drops this next week! In the past week, RBC and BMO have cut their 5-year posted rates slightly further to 4.94%. If no other banks follow, the Bank of Canada's OSFI stress test rate will fall to 4.99%. If at least one other bank goes to 4.94%, the qualifying rate will drop to 4.94%. Every little bit helps. https://mailchi.mp/dominion/bank-of-canada-rate-cut-411835

Here is an interview I had with Jane Johnston at The Briar Hill Group at Remax Camosun on Friday offering an update on Mortgage lending in our current environment. Lenders have introduced expansion of product lineups and new Peace of Mind Mortgage options. Please reach out for more details! 250-217-4925 or [email protected]

Such a cool idea! Madison and her friends in their prom dresses!

This is an amazing offer! Do u need access to cash and are finding you are using your credit card? Contact me to find out how to access up to 3% of your mortgage amount (based on a 500k mortgage that is 15000!!) #covid19 #mortgageoptions #mortgageadvice #mortgagebrokersdoitbetter

WOW! I can't wait for this event and am excited to pass on an invite to anyone in the mortgage/real estate industry to join in on this FREE webinar with David Chilton, author of the Wealthy Barber on April 22nd at 11:00am PST!

Mortgages and COVID-19 with Jen Lowe

Thank u @maddyylowee for helping design this! Contact me for more info!

Here is part 2 of this weeks call with Laurel Dietz https://www.facebook.com/alinealegalcoaching

Thank you Laurel https://www.facebook.com/alinealegalcoaching for another great conversation! Stay tuned for part 2 of our conversation this week!

Such a great zoom call with Laurel Dietz about mortgage deferral options

Please reach out if you have any mortgage questions!

WOW! Prime rate has dropped again 0.50%! https://www.mortgagebrokernews.ca//big-six-banks-cut-prime

For those of us that have a variable rate-- waiting to see if the banks will respond by cutting prime rate-- there is pressure from the government for the banks to do so! https://mailchi.mp/dominionle/bank-of-canada-rate-cut-0327

Good afternoon! Have u enquired about deferring your mortgage payment with your lender due to covid 19? Did you know that by deferring your mortgage payment, interest accrues On the money? Depending on your mortgage provider how this interest accrues and how it is paid back varies- some lenders require it to be paid back by the end of your term and some require it to be paid back by the end of your amortization period- definitely an important question to ask and consideration for you before you agree to defer your mortgage payment. Please reach out if you have any questions!

During these unprecedented times please reach out if have any questions about your mortgage options to defer your mortgage payments. I am happy to help!

Here is a link to the Canadian Government Economic Response Plan which includes financial help for you! Please see attached: https://www.canada.ca//canadas-covid-19-economic-response- If you would like to chat about your individual mortgage provider and the ability to skip up to 6 payments please reach out, I will help you facilitate this.

Great Interview on Breakfast Television with Paul Taylor, our president of Mortgage Professionals in Canada! https://www.bttoronto.ca//what-to-consider-before-buying-/

Rates are dropping! Expect a reduction to prime coming soon which is great news for those that are in a variable rate! Prime rate has not changed since Oct 2018!

Here is an update from DLC's Chief Economist Sherry Cooper. The Coronavirus is causing bond yields to drop which will decrease mortgage rates more than likely. https://mailchi.mp/dominionlending/e3es7zpv71-410739

Copilot! So fun! #harbourair #cmbabc2020

Always learning! #thedouglasvancouver #cmbabc2020 #mortgagebroker #firsttimebuyers

This is good news! Effective April 6th the qualifying rate will be dropping approx 30 basis points (based on the weekly median 5-year fixed insured mortgage rate this week of 4.89%) this will increase purchasing power by about 3%. https://mailchi.mp/dominionlending/e3es7zpv71-410655

2019 was a GREAT year! Thank you to all my clients and business partners who helped make 2019 such a successful year! 8 years as a broker already--time flies when you love what you do!!!

This is GREAT news! Will see if the other major banks follow. Basically the qualifying 'stress test' rate has been lowered from 5.19 to 4.99% https://mailchi.mp/dominionlending/e3es7zpv71-410543

What a beautiful home in a Cadboro Bay! Check out Joanne Scigliano Brodersen new listing!

Decrease in rates is expected with the Coronavirus news! https://mailchi.mp//interest-rates-plunge-on-coronavirus-n