Mortgages With Sue
1673 Carling Avenue Suite 215B K2A1C4 Ottawa, ON, Canada

Your house is more than simply a place to live; it's also an investment -- and so much more! Did you know that your home might also serve as a convenient source of cash for unexpected expenses, repairs, or upgrades? Cash-out refinancing and home equity loans (HELOCs) are two of the most common mortgage refinancing tools used to access cash. Let's compare the two. A cash-out refinancing pays off your old mortgage in exchange for a new mortgage, ideally at a lower interest ...rate. Cash-out refinancing is ideal for borrowers requiring a substantial sum of money upfront, for something like a renovation or investment property. Refinancing is more complex tax-wise but can come with lower interest rates. Just remember to take into account refinancing penalties from your current lender. Home equity loans, on the other hand, use your home's equity as security for a brand-new loan. They're best for people who require access to a cash reserve over time rather than right away, and they come in a variety of shapes and sizes. This type of loan is easier at tax time when deducting interest, but generally comes with higher interest rates and HELOC setup fees as well. Not sure which is best for you? Connect! We can help you figure out which option is best -- or present new options -- based on your unique scenario.

Best compliment ever - my clients offer got accepted because the listing realtor saw my name and was reassured that the pre approval was a solid one #whoyouworkwithmatters

Fun Question: If you could snap your fingers and tackle *three* areas, what would you renovate first?

Last but certainly not least! The final prize for @mortgageswithsue’s 12 Days of #localOttawa Christmas Giveaways is a $500 donation in your name to a local charity / not-for-profit. @yes.yow.can congrats! We’ll be donating $500 on your behalf to @sghottawa ... Please DM us or email [email protected] for arrangements Special thanks to all participants and everyone who shared our giveaways. Congrats to all the winners!

Our Day 11 winner will get a season pass to skate on the trail at @riveroakskatingtrail in #metcalfe. Congrats to Julie Paradis on FB If you haven’t already, nominate your favourite local charity or not-for-profit for our final giveaway, a $500 donation in your name!

Congrats to @thedancemom Day 10 of Mortgages With Sue’s 12 Days of Christmas Giveaways is a couple massage and salt room therapy package for 2 at @exhalospa Our last two giveaways are coming up and there’s still time to enter!

Day 9 of Mortgages With Sue’s 12 Days of Local #Ottawa Giveaways is dinner and shopping in the Byward market and our winner is: Angie Pasquini-Dunn on Facebook Congrats! Email [email protected] or DM us to claim your prize. ... We still have 3 days of giveaways left including a $500 donation in your name to a local not-for-profit or charity. Nominate or enter @mortgageswithsue on IG, FB or TikTok!

Congrats to @jennasmiless, our Day 8 winner of a girls night out campfire and charcuterie at Marked Adventure Park! 4 more days of gvieaways to enter! See our feed @mortgageswithsue

Another year in the books and what a year it has been! I’m ending this year with immense gratitude for my family, my health and for professional success. I’ve learned an important lesson this year - life is better when you align yourself with the right people both personally and professionally - I’m blessed to be surrounded by an amazing husband, kids, friends, colleagues and partners. Find your tribe and everything else will fall into place . Wishing everyone a wonderful New Year and let’s gooooooooo 2022!!

2022 is almost here and to kick it off, we have another winner! @jasontelner is the winner of our comedy and dinner night giveaway! Today is Day 7 of @mortgageswithsue’s 12 Days of Christmas Giveaways which means you still have 5 days of giveaways to enter. Visit our feed for details.

Day 6 of Ottawa Mortgage Broker Team]’s 12 Days of Local #Ottawa Christmas Giveaways is a season family tubing pass at @countryside_adventures_ in Moose Creek. Congrats @marian_aoun!! Please DM us or email [email protected] to arrange to get your prize. ... We’re only halfway done. There’s still time to enter our next 6 daily giveaways @ Ottawa Mortgage Broker Team]

One of the first questions a new buyer asks us is: "What amount do we need to put down?" Here's what you need to know about down payments and how it can affect your purchasing power: ... Minimums: 5% of the purchase price up to 500k, PLUS 10% of any part of the price between 500k and $1 million OR 20% of the total price for homes valued over $1 million The thing is, no one comes to us with a percentage in mind. It's almost always a dollar amount. So, let's work backwards: Example 1: If you have $15,000 to put down, your maximum home price (upon approval) would be $300,000. If your downpayment is $30,000, your maximum home price (upon approval) would be $550,000. Now, there's obviously more to consider beyond the downpayment, like closing costs, legal fees, taxes and more, but that's a topic for another post. Just keep in mind that you can't put all your eggs in the downpayment basket, you need to keep some for other expenses, too! Need help planning or not sure where to start? Our team can guide you! Email: [email protected] Book a Consultation: mortgageswithsue.com Download the Planner App: https://www.maapp.ca/app/sue-hameed

The Mortgages With Sue Mortgage Planner App is here! http://mortgageswithsue.com/app This app gives you the tools you need to help plan your homeownership journey, from research phase to renewal, and beyond.... Calculate mortgage scenarios, get pre-qualified, browse thousands of rates, stress test your current mortgage, estimate land transfer and taxes, closing costs and much more. Download yours here: http://mortgageswithsue.com/app

Hot mess or yes?

Those bookcases Who's dusting, though? (Not me)

Not sure if refinancing is right for you? The numbers don't lie! Let's run them together and you'll leave with a honest, un-biased recommendation and plan of action. Start with a pressure-free virtual consultation @ mortgageswithsue.com

****WE'VE GOT BIG NEWS**** We are SO excited to announce that we have a new Network Partner - Mortgage Architects!! The Platinum Team has grown exponentially since our inception in 2017. We started as 2 brokers with a vision and have now grown to over 35 agents and over 325 Million in annual Mortgage Volume for 2020. ... It was time to align ourselves with a Network Partner that can support our growth through top notch technology and systems and we found our match with Mortgage Architects! We are the now the largest Mortgage Architects Agency with flagship for Ottawa and surrounding areas. Looking forward to another great year in 2021!

In this market, most first-time buyers need a co-signer to qualify. The good news, it doesn't need to be forever! Here are a few things to know when you consider asking someone to co-sign.

Historically low rates mean it's a great time to look at your current situation and potentially save thousands. Ready for an unbiased recommendation based on your scenario? Start @ mortgageswithsue.com ... The Mortgages With Sue Team works hard for you, not the banks. #whoyouworkwithmatters

Thankful to our incredible clients and industry partners for consistently recommending the Mortgages With Sue team and helping us reach new heights This #dreamteam works hard to educate and inform, based on what's best for *you*, at each and every step along the mortgage journey. Word travels fast! Thank you a million times over! ... #ottawa #ottawarealestate #mortgageswithsue See more

A Reflection on 2020 This has been a year like no other, a year that we will tell stories about for generations to come. A year where the entire world came to a standstill and the term "we are all in this together" has never had greater meaning. This year has taught me to be grateful, to think about gratitude daily and not take the little things for granted. The forced slow down of life has been a blessing in disguise allowing me to be more present in the moment and has give...n me the gift of more time with my family. I am blessed in so many ways and often think about the extreme hardships that so many have faced this year with loss of loved ones, financial loss, emotional and mental struggles, business loss and lost dreams. We can all do our part by supporting our community and supporting those around us who continue to struggle during these times. This year has also shown us how easily we can be divided which has been difficult to watch and I hope the divisiveness remains in 2020 and we move forward in 2021 together. I don't know what 2021 will bring, what I do know is that I will face it with the same determination and mindset that I face every year with. Happy New Year Everyone!

We will remember them.

In this market, you have zero time to play around with 30-second pre-approval apps. Real pre-approvals, quickly! mortgageswithsue.com

I just had to share this heartwarming review from this summer. This is exactly why I do this! Thank you for your kind words, Kim.

This morning! Don’t forget to tune into CTV Ottawa Morning Live’s Ask the Experts at 9:30 and ask your mortgage-related questions live!This morning! Don’t forget to tune into CTV Ottawa Morning Live’s Ask the Experts at 9:30 and ask your mortgage-related questions live!