Rosa-Lee F.

After purchasing your home, you can claim $5,000 or split with your partner on your taxes for your home purchase. The great part is, you can qualify even if it’s not your first time purchasing a home as long as you have not lived in a property that you or your spouse owned in the last 4 years. #themortgagemogul... #realestatetips #taxtips See more

Open to all first time home buyers: the home buyer plan is a great way to bulk up your down payment in combination with your savings. This is especially great for those that have employers that will match your contribution. Your employer is practically helping you with your down payment If you have a disability and collect disability tax credit, you can use this plan at any time regardless if you are a first time home buyer or not.... You’re closer to homeownership than you think. #themortgagemogul

When putting down 5% as a first time home buyer, you may qualify for the first time home buyer’s incentive. The Government of Canada will offer you up to 10% towards your home purchase, depending on the type of property, as a shared equity mortgage. The effect of the larger down payment is a SMALLER MORTGAGE and LOWER MONTHLY COSTS which equals BETTER CASH FLOW.... Click Book now in my bio to book a phone consultation and discuss your options. Rosa-Lee Farquharson - The Mortgage Mogul [email protected] www.themortgagemogul.ca

These programs make buying your first home more affordable and you and your spouse can re-qualify for most of them. Going LIVE tonight with @moebello @ 9pm to discuss and answer your questions.... Click book now to discuss how you can prep for your home purchase and learn what options are available to you. The more you know, the better you can prepare. Let’s get you approved. #themortgagemogul

Depending on your situation, implementing these three tips alone can help boost your score by over 50 points!! We all know that we should pay off our credit cards on time but don’t always realize how detrimental to our credit score it is when payments are missed. Your credit score measures how trustworthy you are with credit (aka paying back loans). Would you lend money to someone that is unlikely to pay you back? You want to be seen as responsible in the eyes of a lender so ...it is important to have a track record that shows you aren’t dependent on credit and make your payments on time as agreed. Can you live without a credit score? Of course you can! As long as you’re willing to pay for everything with cash. Should I host a live QnA regarding credit and how it affects your mortgage application? Let me know in the comments below! #themortgagemogul #credittips