Annie Morneau Mortgage Alliance

https://www.ratespy.com/stricter-housing-rules-brace-for-im

A little Friday funny. Have a great weekend everyone.

A little Friday funny. Have a great weekend everyone.

https://lfpress.com//london-area-home-sales-break-yet-anot

Risks of going in subject free: If you waive your financing condition and are unable to complete the purchase transaction, you may forfeit your deposit. Even worse, if the seller can prove that your breach of contract caused them damages over and above the amount of your security deposit, they can sue you for additional damages.... Waiving your financing condition is taking a substantial financial risk, and it is not a decision to be taken lightly. Check out the video below. https://globalnews.ca///open-house-tips-on-making-an-offer

If you are looking to refinance or buy now is the time.

https://trib.al/AKmVx3O

https://www.canadianmortgagetrends.com//bond-yields-surge/

Thank you Mortgage Alliance. Very proud to be part of the Elite. It was a great year. Thank you to all the wonderful BDM's, underwriters, lenders, clients and of course my Assistant Melissa Hurley!. Couldn't have done it without you. Thank you for the support. I am very grateful.

I'm finding first time homebuyers are using co-signers more than ever. Also getting early inheritance for down payments.

https://www.cbc.ca//l/london-ontario-real-estate-1.5903586

https://globalnews.ca///london-ontario-real-estate-prices/

Merry Christmas to all. Have a wonderful day! Joyeux Noël!

https://www.cbc.ca//london-ontario-real-estate-2021-1.5852

If you or someone you know is struggling to make their mortgage obligations, please contact me and let's come up with a solution. I am here to help as best I can.

Annual Christmas turkey donation to men's Mission Shelter from Brickhouse Mortgage Group. #mensmission #londonontario #ldnont #givingback #staysafe #christmas2020 #helpingothers #socialdistancing

https://www.cbc.ca/1.5841749

https://globalnews.ca//royal-lepage-2021-home-price-forec/

https://www.canadianmortgagetrends.com//bank-of-canada-si/

https://www.narcity.com//buy-girl-guide-cookies-online-get

https://www.google.com/amp/s/www.cbc.ca/amp/1.5834049

https://lfpress.com//average-london-home-price-jumps-20000 Average house prices in London up 28% year over year. Double from 2015.

https://www.google.com/amp/s/www.cbc.ca/amp/1.5832497

Equifax Credit Report In response to COVID-19 (Coronavirus), Equifax is offering a FREE credit report to all Canadian consumers. Online access to your Equifax credit report1 An easy-to-read summary of the information on your Equifax credit file... Access to customer care representatives 7 days a week Product is active for 30 days. See more

Pandemic boosts Canadian real estate market.

Canadians now have the option to build their credit scores via rent payments.

https://www.bnnbloomberg.ca/canadian-home-sales-drop-0-7-in

https://lfpress.com//average-london-home-price-passes-500k

https://www.cbc.ca//trends-london-real-estate-2020-1.57267

Congratulations team! Mortgage Alliance is CMAs Gold Winner of the National Broker Network of the Year award!! This award recognizes the most outstanding natio...nal broker network that has displayed excellence, commitment to brokers, agents and support staff and the mortgage industry over the past 12-18 months. Congratulations everyone! This is your accomplishment and a result of your hard work and dedication. #MortgageAwardsCA #MortgageAlliance #M3Group

Understanding closing costs.

A Mortgage Market update around the stress test and the recent comments from CMHC.

Congratulations team! Mortgage Alliance is CMA’s Gold Winner of the National Broker Network of the Year award!! This award recognizes the most outstanding natio...nal broker network that has displayed excellence, commitment to brokers, agents and support staff and the mortgage industry over the past 12-18 months. Congratulations everyone! This is your accomplishment and a result of your hard work and dedication. #MortgageAwardsCA #MortgageAlliance #M3Group

The mortgage stress test loosens again.

What?? Seriously?!

This is a good read. Especially for first time homebuyers.

"Generation Squeeze" Is a tax on home equity coming?

Bank of Canada keeps rates the same.

***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. 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 payment. #WIMI #downpayment #purchase #realestate #mortgages #cmhc #genworth #homebuyers #housing #Canada

Happy Canada Day everyone #canadaday #canadaday2020 #proudtobecanadian #canadaeh

Heres what CMHCs new rules will look like.

Its not just about the rate. Be aware of what you are getting into.

We have 2 other insurers. Genworth and Canada Guaranty. They will not be following CMHCs new mortgage rules.

Genworth confirms they do NOT plan to change the underwriting policy.

Here are the new Cmhc guidelines starting July 1st. There are changes to TDS and down payment requirements. Please reach out if you have any questions.

#blackouttuesday

This is why you need to work with a Mortgage Agent. We have access to Monoline lenders that do not charge an arm and a leg to break a mortgage. We are hear to give you advice and let you know the best options based on your goals. Banks have one product. If you want to save money, talk to me. I am here to help.

I went to one of their financial wealth seminars. Lots of great information. The seminar was not boring to say the least. This webinar is great for these times. Learn how to get back on track.

Who here needs this?!

How would you feel about a 4 day work week?

Here's what CMHCs new rules will look like.

It's not just about the rate. Be aware of what you are getting into.

Rick Mercer: Lets Talk About Our New Normal with Mark Squire. @m3financialgroup thank you. #lessscaringmorecaring #rickmercer #m3group #m3financialgroup #mortgagealliance

As a mortgage broker I can give you access to lending options you cant get on your own. I deal with many lenders, from major banks to private lending options. Private message or call me 2262355991. #londonontario #ldnont #ldn #londonontariomortgages #homebuyer #mortgagefinancing #homepurchase #brickhousemortgagegroup #brickhousemortgages #mortgagealliance #mortgages

Happy Mothers Day. We appreciate everything you do for us. #mothersday #ldnont #mothers

Were here to help you navigate mortgages during this difficult time. Please know that our virtual doors are always open for you if you have any questions about your mortgage or if youre having financial difficulties. Call or message me at 2262355991. #covid19 #coronavirus #stayhome #stayinformed #staysafe #staystrong #inthistogether #support #mortgages #brickhousemortgagegroup #brickhousemortgages #mortgagealliance #financialhelp #refinance #mortagerefinance #mortgageagent #mortgagebroker #ldnontrealestate #ldn #ldnont #londonontario #virtualoffice

Thinking of refinancing? Not sure if its the right thing to do. Give me a call to discuss your options.

Happy Cinco de Mayo. Enjoy some tacos and margaritas today :) #cincodemayo #cincodemayo2020 #tacos #margarita #cerveza #happymay5th #cincodedrinko

House sales have dropped 50% in April.

Only defer your mortgage payment if you absolutley have to.

@thewholegrainhearth thank you for this delicious delivery. #ldnont #londonontario #ldn #community #local #supportlocal #fooddelivery #nomnomnom #saturdaymorningtreats #organic #wholegrain #bakery #localfood #love

Rick Mercer: Let's Talk About Our New Normal with Mark Squire. @m3financialgroup thank you. #lessscaringmorecaring #rickmercer #m3group #m3financialgroup #mortgagealliance

During a crisis talk to people you trust. Reach out to family and friends or your community. #coronavirus #covid19 #virus #prevention #health #epidemic #mentalhealth #crisis #staysafe #stayhome #stayhomestaysafe #getthefacts #stayinformed #brickhousemortgagegroup #brickhousemortgages #mortgagealliance #mortgageagent #ldnont #londonontario #ldnontrealestate #ldn

Please take a moment to follow my Instagram business page mortgages_by_annie

With access to multiple lenders, Im able to find the product and rate that meets your needs. A mortgage specialist at the bank has access to 1 lender. They want to sell their product, not necessarily whats best for you. #useamortgagebroker #useamortgageagent #mortgages #mortgagealliance #brickhousemortgagegroup #brickhousemortgages #experts #savemoney #ldnont #londonontario #ldnontrealestate #mortgageadvice #mortgagesolutions #homebuyers #wehaveyoucovered #rates #mortgagerates

As a mortgage broker I can give you access to lending options you can't get on your own. I deal with many lenders, from major banks to private lending options. Private message or call me 2262355991. #londonontario #ldnont #ldn #londonontariomortgages #homebuyer #mortgagefinancing #homepurchase #brickhousemortgagegroup #brickhousemortgages #mortgagealliance #mortgages

Happy Mother's Day. We appreciate everything you do for us. #mothersday #ldnont #mothers

We're here to help you navigate mortgages during this difficult time. Please know that our virtual doors are always open for you if you have any questions about your mortgage or if you're having financial difficulties. Call or message me at 2262355991. #covid19 #coronavirus #stayhome #stayinformed #staysafe #staystrong #inthistogether #support #mortgages #brickhousemortgagegroup #brickhousemortgages #mortgagealliance #financialhelp #refinance #mortagerefinance #mortgageagent #mortgagebroker #ldnontrealestate #ldn #ldnont #londonontario #virtualoffice

With access to multiple lenders, I'm able to find the product and rate that meets your needs. A mortgage specialist at the bank has access to 1 lender. They want to sell their product, not necessarily what's best for you. #useamortgagebroker #useamortgageagent #mortgages #mortgagealliance #brickhousemortgagegroup #brickhousemortgages #experts #savemoney #ldnont #londonontario #ldnontrealestate #mortgageadvice #mortgagesolutions #homebuyers #wehaveyoucovered #rates #mortgagerates

#strongertogether #tousensemble

@havenscreamery this ice cream is so delicious. Couldnt get just one. Must try them all. Please support local. #nomnomnom #havenscreamery #getsomenow #supportlocal #ldnont #ldneats they deliver Saturdays.

Good news story. This is great #covidwarrior #strongertogether

Take actions to make a positive difference. Every little thing counts. Together we can save the planet. #happyearthday #earthday2020 #earthrise #climateaction #earthday #planet #thankyou #change #takeaction

#flattenthecurve #stayhome #staysafe #inthistogether #covid19 #coronavirus #wecandothis

My focus is to support my customers in these stressful times while ensuring their health & safety. With the necessary tools & technologies integrated in my business processes, I am able to assist you virtually with all your mortgage needs.

Good news story. Such a kind thing to do.

During this time you may be looking for some options. If you are 55 and older and have equity in your home, you may qualify for a reverse mortgage. The tax-free cash you can get from a reverse mortgage can be used for whatever you need it for. Whether it’s for eliminating debt, increasing your cash flow, or anything else it’s up to you! You can access up to 55% of the equity in your home and receive the money in a lump-sum payment, periodic installments, or a combination of the two. If you would like to learn more about how a reverse mortgage can be a tool in your financial plan, please contact me at [email protected] cell: 226-235-5991 #reversemortgage #chipmortgage #askmehow #mortgages

Let's lighten things up with some good news. I think we can all use some with all the negative and bad news out there. Episode 1 with John Krasinski #somegoodnews #theoffice #covid19 #letstrytosmile

What my pets are saying right now. #pandemic #covid19 #coronavirus #coronavirusmemes #petswannabebad #stayhome