Pedro Faria
9582 Markham Road L6E 0T5 Markham, ON, Canada

Happy March everyone! Which one will you choose? #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockfinancialgroup #rockmortgagecompany

Buying your biggest asset is no easy task! You’re going to need cash on closing, above your hard saved down payment. These are known as closing costs and they include lawyer, taxes and appraisals just to name a few. Mandatory closing costs can range between 1% and 4% of the purchase price.... Don’t be caught off guard when it comes to closing. Reach me directly at 416.560.7448 and I’ll help you every step of the way. #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockmortgagecompany #rockfinancialgroup

Too many times we’ll start something new and end up giving up just before the breakout. When you start to feel like you’re giving up, push yourself a bit more and you’ll be that much closer to your reward! Got mortgage inquiries? DM me or reach me directly @ 416.560.7448... #gtamortgage #torontomortgage #gtarealestate # torontorealestate

Buying your biggest asset is no easy task! You’re going to need cash on closing, above your hard saved down payment. These are known as closing costs and they include lawyer, taxes and appraisals just to name a few. Mandatory closing costs can range between 1% and 4% of the purchase price.... Don’t be caught off guard when it comes to closing. Reach me directly at 416.560.7448 and I’ll help you every step of the way. #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockmortgagecompany #rockfinancialgroup

What is a pre-qualification you ask? Well, it provides you with a good estimate of how much you may be able to afford based on your own self-reporting of your financial situation. This helps set a realistic price range for those eager to start shopping the real estate market! DM me or reach me directly at 416.560.7448 for your free pre-qualification!... #gtamortgages #torontomortgages #gtarealestate #torontorealestate #rockmortgagecompany #rockfinancialgroup

This is a question I frequently get asked by my clients. The most common sources are: - Personal savings... - Cash gifts from a family member - Equity from the sale of another property - If you’re a first time home buyer, you can use your RRSP’s for up to $35,000. (This would need to be repaid back and you’ll have 15 years to do so. Also, first repayment period starts the 2nd year after the year you withdrew the funds) Have any mortgage inquiries? DM me or reach me directly at 416.560.7448 #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockfinancialgroup #rockmortgagecompany

Good morning! Hustle, hustle, hustle! Rarely in life does anything just fall on your lap. You need to consistently put in the work to get results! DM me or reach me directly at 416.560.7448 for any mortgage inquiries you have.... #gtamortgage #torontomortgage #gtarealestate #torontorealeatate #rockmortgagecompany #rockfinancialgroup

Too many times we’ll start something new and end up giving up just before the breakout. When you start to feel like you’re giving up, push yourself a bit more and you’ll be that much closer to your reward! Got mortgage inquiries? DM me or reach me directly @ 416.560.7448... #gtamortgage #torontomortgage #gtarealestate # torontorealestate

How long would it take you to shop at over 60 stores to find that perfect something you’re looking for? By using me, I have all the information at my finger tips with special broker rates. I’ll make sure you receive the best mortgage term and rate to suit your needs! Reach out for any mortgage inquiry you have! And remember, I’m never too busy for your referrals! 416.560.7448... #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockfinancialgroup #rockmortgagecompany

What is a pre-qualification you ask? Well, it provides you with a good estimate of how much you may be able to afford based on your own self-reporting of your financial situation. This helps set a realistic price range for those eager to start shopping the real estate market! DM me or reach me directly at 416.560.7448 for your free pre-qualification!... #gtamortgages #torontomortgages #gtarealestate #torontorealestate #rockmortgagecompany #rockfinancialgroup

This is a question I frequently get asked by my clients. The most common sources are: - Personal savings... - Cash gifts from a family member - Equity from the sale of another property - If you’re a first time home buyer, you can use your RRSP’s for up to $35,000. (This would need to be repaid back and you’ll have 15 years to do so. Also, first repayment period starts the 2nd year after the year you withdrew the funds) Have any mortgage inquiries? DM me or reach me directly at 416.560.7448 #gtamortgage #torontomortgage #gtarealestate #torontorealestate #rockfinancialgroup #rockmortgagecompany

Good morning! Hustle, hustle, hustle! Rarely in life does anything just fall on your lap. You need to consistently put in the work to get results! DM me or reach me directly at 416.560.7448 for any mortgage inquiries you have.... #gtamortgage #torontomortgage #gtarealestate #torontorealeatate #rockmortgagecompany #rockfinancialgroup

For anyone applying for a mortgage, you must prove that you can withstand the stress test. Implemented by the government to protect the consumer to make sure they can still afford the payments in the event that interest rates were to rise in the future. It also protects home buyers from potentially defaulting on their mortgage if their payments were to become too high.... If you have any mortgage related questions or inquiries, please DM me or reach me directly at 416.560.7448

Good morning! Hope you all have a productive day!

You must ask yourself the following questions to determine if you are ready to own a home: - Are you financially stable? - Do you have the financial management skills and discipline to handle this scale of purchase? - Are you aware of all costs and responsibilities as a home owner and ready to devote your time to regular home maintenance?... For any mortgage related inquiries DM me or reach me directly at 416-560-7448

Buying a property is likely to be the largest purchase you ever make and finding the right deal for you means choosing one mortgage from the many hundreds available. This will be much easier if you know what you’re looking for. Depending on your life situation, age, income and financial status, you will need different things from your mortgage. Whether that's flexibility, low rates or security, take the time to have a good look at where you are now, and where you want to be l...ong term. Most mortgages are for a 25-year term, so it's an agreement that you could be locked into for a substantial part of your life. This means you need to have at least a vague idea of how your finances are likely to shape up long term and no one can predict the future, but good planning is one way to help ensure you meet the challenges to come. The first thing to do is to draw up a budget and you need to know what income you have every month, and all your outgoings. Be realistic, there's no point exaggerating your income or ignoring certain expenses. You want to buy your own home, but you also want to be able to eat once you've moved in! Take into account all your bills, loan payments, as well as living expenses such as food, running costs for your car, going-out costs and clothing. Check bank statements to make sure you have included all your usual expenses. Next, give some thought to your future. What you would need to do is be honest with yourself in answering some personal questions in an attempt to plan ahead for financial reasons. Do you expect your income to rise over the next few years, or will it stay the same? Do you have dependents, or are you planning a family? While some things are uncertain, you should be able to tell whether your needs will stay constant for the next five years, or are likely to change substantially. Your budget should give you a fair idea of how much you can afford in repayments each month and bear in mind there will be other costs incurred when buying property, such as legal fees and land transfer tax!

A home is the single most expensive thing most people will ever purchase. In addition, paying off a home loan can take as long as thirty five years and will involve paying an amount of interest that exceeds the cost of the house itself. In short, buying a house is not something to be done without a lot of forethought. With the average Canadian living in their homes for seven years or less, most mortgages are probably offered to people who have purchased a home before. But the...re are always people who are buying for the first time, and for them, knowing how the process works is important. Here are some useful tips for first-time homebuyers: Know how much you can afford to pay. This includes not only the total price of the house, but the monthly payments, as well. Do not be fooled by the monthly amount the lender tells you that you can afford; that number is usually high enough to be well beyond most buyers' comfort zones. If the lender suggests that you can pay as much as $2000 per month but you only feel comfortable paying $1500 per month, then that is your limit. You should buy a house that will allow you to pay that amount, and no more. Check your credit ahead of time. No one wants to be denied a home loan because of errors on your credit report. Get a copy of your report and check throughly for accuracy. A mortgage agent will shop around through many lenders to find you the best mortgage. The interest rates and terms will vary from lender to lender, so you should seek out the best terms. You will be paying on your mortgage for decades to come, so it's important your agent finds a lender and terms with which you are comfortable with. Be aware of closing costs. The amount of money that a buyer is expected to bring to closing can be astonishing. Don't be caught off guard when it's time to close and the lender asks you to bring a certified check for $15,000 that you do not have. Find out ahead of time exactly how much it will cost you to close on the loan and have those funds ready. #mortgages #torontomortgages #mortgageagent #mortgagebroker #newhome #investments #mortgageloans #mortgagetips #mortgagespecialist #mortgageadvice #mortgageprofessional