Brent Shepheard
220 Lonsdale Ave V7M 2G1 North Vancouver, BC, Canada

Small increases to your mortgage payment can create considerable savings in interest and help pay off your mortgage years faster! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3847

What is MORTGAGE PAYMENT SHOCK? Payment Shock is a nasty surprise that many people are not prepared for, simply because no one is telling them about it. Payment Shock occurs when your current low rate mortgage renews with a higher rate, essentially increasing your current payment overnight.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3847

Finding the perfect home can be hard, but finding the right home and then renovating to make it perfect is usually way easier. Most home purchase transactions only give you 3-4 days to get your mortgage financing in place, and this is not enough time to arrange/plan a renovation with an unprepared team. Being pre-approved early gives you the time to prepare your team to be ready to jump into action when you find your "soon to be perfect" home.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=965

Whether you own your home or are renting, trying to split expenses fairly can be next to impossible. There are some excellent tips in this article, but what are your suggestions to help smooth out roommate issues? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3655

If the bank tells you that the home you want to buy doesn't pass the new mortgage stress test, there are still things you may want to try. Contact me directly, and I can help you explore these options and keep you on the path towards homeownership. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1176

Small increases to your mortgage payment can create considerable savings in interest and help pay off your mortgage years faster! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3847

What is MORTGAGE PAYMENT SHOCK? Payment Shock is a nasty surprise that many people are not prepared for, simply because no one is telling them about it. Payment Shock occurs when your current low rate mortgage renews with a higher rate, essentially increasing your current payment overnight.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3847

Finding the perfect home can be hard, but finding the right home and then renovating to make it perfect is usually way easier. Most home purchase transactions only give you 3-4 days to get your mortgage financing in place, and this is not enough time to arrange/plan a renovation with an unprepared team. Being pre-approved early gives you the time to prepare your team to be ready to jump into action when you find your "soon to be perfect" home.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=965

Whether you own your home or are renting, trying to split expenses fairly can be next to impossible. There are some excellent tips in this article, but what are your suggestions to help smooth out roommate issues? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3655

If the bank tells you that the home you want to buy doesn't pass the new mortgage stress test, there are still things you may want to try. Contact me directly, and I can help you explore these options and keep you on the path towards homeownership. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1176

Realtors join the fight for change to Federal Mortgage Rules. What is your opinion, do rules need to be loosened to make it easier for Canadians to buy a home, or do as Canadians need to work harder to meet the higher standards of the current requirements? Does big brother know what's best for us?... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3613

We are starting to see the signs that government policies are beginning to have there desired effect. But was the result worth the struggle as we still have a long way to go? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3615

Mistakes were made. Lessons were learned. Now it's time to deal with the aftermath and dig out from the hole that is Bad Credit. It will take dedication, discipline and time. That doesn't make it impossible, or even difficult. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1918

At times it may feel impossible, but no matter how bad your credit is, it can always be turned around. It just takes a little knowledge and the right steps! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1918

Simple math is always the best! House + Love = Home Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3584

Amortisation and term are easily confused. The TERM represents the length of the contract, and the AMORTISATION is the length of time to repay the mortgage entirely. So to describe a mortgage, you can say it has a 5 Year Term with a 25 Year Amortisation. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3550

When identity theft happens, your credit may get hammered, and it can take months to sort everything out and get it fixed. Protect your personal information, shred confidential documents and pick strong passwords to keep yourself safe. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3515

The new qualifying rate increases Canadians maximum mortgage by 1.5%. That means, if you already qualified for a $300,000 mortgage, you now qualify for $304,500.00. The change won't make much of a difference to anyone, but it is a step in the right direction. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3536

Flowers and patio updates can increase your curb appeal drastically. As a home seller, you want to put effort into making your home stand out. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1710

Bank of Canada governor Stephen Poloz is holding firm on his key interest rate and showing no urgency to make a policy change, positions that come with the U.S. Federal Reserve poised to cut its rate. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3519

Buying a home is an exciting timeits never too early to start planning! If you are planning on buying a home this year, now is the time to get pre-approved. Give yourself as much time as possible to iron out any potential wrinkles in your application.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=501

One of the watchdogs for Canada's investment industry says it's working towards creating regulatory safeguards for clients who may be targets of financial exploitation, particularly seniors. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3500

Calculating your Ratios can be a little intimidating, but it is worth the effort to learn how the banks look at your cash flow for mortgage qualification. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1381

Doing a little work to get your self prepared before applying for a mortgage can make getting approved far easier! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1381

Credit has replaced cash as the new king or is at least as crucial as the amount of your down payment. Making managing your credit cards, car payments and loans incredibly important. Those missed payments while back in college could continue to stalk you during your mortgage application. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1381

Full stop on shopping for your new home until we talk about whether the Governments New Home Buyer program is right for you! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3470

The Federal Government gives the RCMP $10M to target money laundering, but do you think it will help prevent criminals from using Canadian Real estate to wash their money? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3461

With the new gig economy growing this article sheds light on some of its downfalls, but it misses the mark on talking about the impact to borrowing, including mortgages. Mortgage lending rules are not designed to deal with Self-employment very well, and in the absence of stability, a lender will lean on credit history. It may also feel like you are being punished for taking advantage of CRA tax policies that allow you to reduce your income to pay less tax. ... Self-employed Canadians must understand stand how to walk the line between reducing their income, through tax advantages, and keeping it high enough to qualify for mortgages and other lending products. If your income is based off gigs, self-employment or commissions, I can't stress enough, keep your credit clean, and your records cleaner, otherwise qualifying for a mortgage can be tough. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3453

It's a tale as old as mortgages themselves: The buyer loves the house. They put in the offer. The seller says "yes"...The bank says "no". This is a heartbreaking situation for everyone involved that a Mortgage Pre-Approval can help avoid. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1381

Experts are suggesting that Canadians should look to buy their first home before considering purchasing a cottage. But with the cost of home ownership in major urban centres like Toronto or Vancouver so high, home ownership is not easily achieved. Is buying a cottage the right alternative to get into the real estate market, or do you think the experts are right and priority one is purchasing a home? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3435

What's your priority, build savings, or paying down debt? Feel free to share your thoughts! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3428

Your career and the income it provides is the core of your financial stability. Follow the tips in this article to ensure it is there until you are ready to let it go! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3389

Given a $50,000 budget, most Canadian's would choose to Renovate their current home before buying. Need Help help finding the money for your renovation project? There are lots of options and ways to use your mortgage without impacting the amount of time it will take to pay it off. Contact me and we can talk about the options available to you.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3388

Are you looking at buying a condo? Do you have pets? If you answered 'yes' to both questions, make sure you research the condo corporation's by-laws before submitting your offer to make sure your furry family member is welcome. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1802

Housing affordability is sending first-time homebuyers searching for a place to call home, and they are considering all options, including relocating to smaller communities. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3385

CMHC continues to defend the NEW Mortgage Stress Test as the industry repeatedly asks for adjustments to the policy. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3379

With debt levels on the rise, what scares me is the increase to the average Canadians monthly payments. The rules have changed, but there are still options available to help homeowners lower there monthly payments and eliminate debt stress. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3373

The homebuying process can feel hectic, don't let these three key mortgage documents slow down the process. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=1123

The Bank of Canada is highlighting its expanding concerns about climate change and, for the first time, is listing it among the top weak spots for the Canadian economy and the financial system right beside household debt. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=BrentShepheard&l=3361