Snezhana Todorova-Toronto Mortgage Agent

Flip the page and write YOUR story for 2021!!! #beproactive #takechances #mortgagegoals #mortgagebroker

Merry Christmas! Let’s make the best of what we have #grateful #family #whitechristmas

What is a Refinance? A refinance alters the terms and conditions of your mortgage it’s essentially a new mortgage. Specifically, you are increasing the amount of your mortgage, whether to pay off consumer debt, finance a renovation, invest, or to get a lower rate. Here are a few reasons to opt for a refinance:... 1. Decrease your overall monthly debt payments by using the equity in your home to pay off those high-interest credit cards or unsecured loans. 2. Lower monthly mortgage payments. A borrower may be able to lower their monthly payments by either securing a lower mortgage rate or by extending their loan term, which would spread their payments out over a longer time period. This can be important for those with a tight monthly budget and who are looking for additional financial breathing room. 3. You can refinance to purchase another property. Using the existing equity in your home can be a great way to buy a rental property which, if done right, can also make the interest you pay tax deductible. 4. You could also take out some of the equity for investment purposes -- an option that many homeowners consider this time of year as they look ahead to the new year. 5. And there are more uses for your equity such as helping putting your kids through school. 6. You can also finance a renovation or home improvements. Repayment What You Need To Know: borrowing against your property is not free money it’s a mortgage loan -- and like any other loan, it has to be repaid. Let’s talk about your unique situation and the options available to you. PM me today or send me an email [email protected]

Important steps to follow if you are considering buying your first home

If you are thinking of buying a home, you may want to reach out to your mortgage professional (or me) to understand how the recent change in the Stress Test impacts your mortgage application. PM me and get your questions answered. Have a wonderful weekend!

This is a sweet opportunity to get into Trinity Bellwoods- $799K, 3 bdrms, modern and spacious eat-in kitchen, big yard, garage. Walk to the cool cafes on Queen and Dundas West, the park is just five minutes walk. Dont miss it!

Happy Monday! Today I have a little more spring in my step after dropping off the kids at daycare and camp!! Can anyone else relate? #parentslife #happymonday #enjoyingquiettime #icanhearmythoughts #mortgagebroker #mortgagepreapproval

Earlier this morning the Bank of Canada announced holding its key interest rate at 0.25% in response to what it calls the "extremely uncertain" economic outlook from the COVID-19 pandemic, and plans to keep it there until the picture improves. Governor Tiff Macklem has seemingly ruled out any further drops and has said that the central bank doesnt plan to raise the rate until well into an economic recovery. Both fixed and variable rates are extremely low at the moment, and if you would like to have a free mortgage assessment done, or you would like to secure a mortgage pre-approval, just reach out via PM or book a call here: https://calendly.com/snezhana

Are you receiving the support you need to excel in the mortgage industry? - if not, you belong here. We are a team that pushes each other to be better.... We provide training, mentoring, consistent support and our agents share best practices, This is how we have gained momentum and were named a Brokerage of the Year in 2019. If this sounds like a brokerage you want to be a part of - reach out for a confidential chat. Were looking to add to our team. * * * * #TheMortgageCoach #MortgageCoach #mortgagebroker #torontomortgagebrokers #torontomortgagespecialist #dreamteam #torontorealtor #mortgagebrokerto #gtarealestate #buyahome #torontojobs #propertyforsale #Toronto #mortagegagentjob #torontolife #torontohomes #torontohouses #hiringnowtoronto #joinourteam #realtortoronto #torontojobs #mortgagebrokerlife See more

Happy Canada Day!!!! Dont take for granted how fortunate we are!! #canadaday

I am so excited to present our First Professional Video-Listing! The stress levels of being in front of camera were high (Melanie Zettler I need a crash course ...from you!) but after 17 years in the real estate world... I think it is time to kick it up a notch and take our business to the next level! So here it is, the long version of our gorgeous Listing in Etobicoke, 21 Haliburton Ave. Short version coming up soon for those with less patience who enjoy the one minute of glory on IG! Thank you for watching and please constructive criticism is always welcome but be GENTLE! AmazingHomes.ca

What is the difference between big banks and monoline lenders? Also what you should know about mortgage penalties and how you can avoid getting stuck with a huge payout. Michael Plasko of RMG Mortgages will also share an attractive incentive program that puts money back in your pocket!!

Joins us live tonight (June 16th) at 7 pm!! Leanne Shearer - Mortgage Agent and I are coving the difference between big banks and monoline lenders. Also, you will learn about mortgage penalties and how you can avoid getting stuck with a huge payout. Michael Plasko of RMG Mortgages will also share an attractive incentive program that puts money back in your pocket!!

A rare opportunity to get the scoop straight from the source! Learn the difference between big banks and monoline lenders. Also learn about mortgage penalties and how you can avoid getting stuck with a huge payout. Michael Plasko of RMG Mortgages will also share an attractive incentive program that puts money back in your pocket!! This short discussion is good for both borrowers and realtors.... Register via eventbrite and bring your questions! https://www.eventbrite.ca/e/109053863040

Michelle Mendoza and I discuss why real estate investing should be part of your retirement plan. She also has some exciting new listings coming up on the market soon, so feel free to reach out to her directly by [email protected]

Our special guest, Kendra Connelly, joins us to provide her perspective on the current real estate market. The actual numbers will surprise you for sure!!!

Have you heard of the changes that CMHC made last week? The guidelines put in place by CMHC are NOT a Department of Finance change, which means that the other two mortgage insurance providers ( Genworth Financial and Canada Guaranty) dont have to follow suit. This update might impact some homebuyers, but there are still many other options and solutions. ... Make sure to understand all the options you can present to your clients, as a realtor, and all the options you have as a homebuyer. If you are confused or just want to know more, comment below or send me a PM. See more

Are you thinking of buying a home and have less than 20% down payment? Well, you need to keep on reading. On Thursday, one of the 3 mortgage insurance companies - Canada Mortgage and Housing Corporation- announced new qualifying guidelines for purchase agreements signed on or after July 1st, 2020. You can expect to see a reduction in mortgage money you qualify for anywhere from 9% to 15%! ... Under todays guidelines, you may qualify for a $500K purchase price based on a $100K household income. After July 1st, your new maximum purchase price will be in the $450K range. Again, those new changes will affect only borrowers with less than 20% down payment. I bet you have questions! PM me so we can review the best plan of action for you. See more

Why rate is not everything! It is so important to understand ALL the details of your mortgage product offering! With Leanne Shearer - Mortgage Agent

Off to a great start of the week when two of my buyer couples were the winning bids in multiple offer situations. One of the couples was competing with 30 other offers!!! How is your Monday going so far? #mortgagebroker #helpingclients #multipleoffers #mortgagefinancing #mortgagepreapproval #mortgagerates #toronto #torontorealstate #realestateprices

First Time home buyer or a simple refresher? Here we go live with my partner Leanne Shearer to answer some commonly asked questions!

Joins us tonight at 7pm https://facebook.com/events/s/coaches-corner-mortgages-in-10/256771012227085/?ti=icl

The Bank of Canada is set to reduce its qualifying rate (aka the "Stress Test" by 0.10%, from 5.04% to 4.94% on Monday, May 25th. Its a small change but in the current environment every bit helps. If you are on the verge of qualifying, get in touch so we can figure out exactly how much more buying power you will have! PM me now!

Located in the heart of Yorkville this luxury building is surrounded by world-class dining, shopping, & entertainment. Everything you could ask for is just a short walk from your front of your front door!!! Check it out!!! PM me if you want to find out minimum down payment requirements and potential monthly mortgage payment costs.

Check out this lovely semi!!

Working from the kitchen counter for change today. Not an ideal place but still gets the job done, especially if I want to grab a snack for the 3rd time . Are you in the same boat as me today?

Happy Mothers Day to all the strong Moms out there!!! #mothersday #mothersday2020 #greatful #loveisallyouneed

IT IS ALL RELATIVE!!! Let this serve as a reminder that purchasing and selling real estate is relative to whats happening in your life, your family, and your own personal finances. What fits for one, may not fit for all. Personal planning and financial literacy are the cornerstones of good decision making - if you need help with that, Im here for you. Lets put some pieces together for you. Send me a message!

Dont underestimate the power it working with the right team!!

Showings of Condo Properties by REALTORS Permitted by The Province of Ontario During The State of Emergency TORONTO, ON May 5, 2020 As reports surface of c...ondominium buildings refusing to permit real estate showings during the COVID-19 pandemic, the Ontario Real Estate Association (OREA) is clarifying for REALTORS, building managers, home buyers and sellers that real estate services are on the provincial governments list of essential services. In-person real estate showings are permitted as long as real estate professionals follow provincial and local public health guidelines on social distancing and other safety measures. The Ontario Real Estate Association (OREA) strongly encourages our Members to counsel their clients to postpone any non-urgent real estate business until after the COVID-19 State of Emergency has been lifted. However, some families and individuals will still need to urgently buy or sell homes including those who have lost their jobs, had a death in the family or who have already purchased a home and need to sell their current home to meet financing obligations. OREA urges its Members to follow provincial guidelines around physical distancing and strongly recommends that no face-to-face business is conducted, said Tim Hudak, OREA CEO. We have recommended that Realtors work with their clients to find technological alternatives through virtual showings, video conference calls and digital signings. However, for many people in dire circumstances who need to buy or sell a home, an in-person showing is a necessary part of a real estate transaction. Condominium managers should allow in-person real estate showings in their buildings. Realtors will continue to prioritize the health and safety concerns of tenants, building occupants and the general public. In-person open houses are not permitted during the State of Emergency. The ability of Realtors to do in-person showings during the State of Emergency is supported by the Real Estate Council of Ontario (RECO), the delegated administrative authority in the Province, for the regulation of real estate. RECOs recommendation is that brokers and salespeople follow the direction of health officials by limiting showings to situations where they are absolutely necessary. You can read more about RECOs position here: https://www.reco.on.ca/covid-19/#prohibit

Location, location, location plus fantastic amenities!

Minutes from anything you need, including trails to get much needed fresh air

Music is vital to surviving in a work from home environment while kids are screaming in the other room. #mortgageswithsnezhana #mortgagebroker #mortgageagent #mortgage #torontorealestate #partnership #mortgagegoals #mortgagequestions #GTAmortgages #mortgagelife #GTArealestate #torontorealtors #torontomortgagebroker #torontomortgageagent #financing #mortgagefinancing #mortgagepreapproval #workfromhomelife

How much is too much screen time for the kids? I try to limit it to 4 hours and spread it out throughout the day. How do you handle screen time at home? #workingfromhomewithkids #screentime #stayingsane #stayhome #greatfulformyjob #mortgagebroker

Vary helpful info below:

Bank of Canada has cut again the overnight rate by 0.50% today. This emergency cut is in response to the continuous spread of COVID-19 and the abrupt decline in world oil prices. However, dont assume that interest rates will fall right away.... Mortgage interest rates will likely keep climbing a bit higher until the market achieves relative "stability". Also, there is a lot of uncertainty in regards to lenders cash flow, especially now with borrowers deferring their payments and utilizing their nonsecured credit - such as credit cards and lines of credit. Got a question about your mortgage? PM me. Stay home and stay safe! https://www.bankofcanada.ca/2020//press-release-2020-03-27/

What a week it has been!!! Hope everyone is doing their part in helping fight this virus! My biggest challenge has been running my business while kids are interrupting every 5 mins!! But patience is my new best friend ( and playdough and Disney+). Wine doesnt hurt either ... How would you describe your week in 3 words? #workingmom #stayhome #drinkwine #besafe #patienceiskey

Are you concerned about being able to manage your mortgage payments? The majority of lenders are providing support to customers to cope with pay disruptions, illness, and layoffs. Many will allow customers to defer mortgage payments for up to six months. Here are the customer service numbers for you to further inquire about what options they have available to you. Feel free to reach out directly to me if you have any concerns or questions about your current mortgage.