Mortgage Alliance Perfect Mortgages Ryan Tune
34 Lakeshore Road E L5G1C8 Mississauga, ON, Canada

You are not alone. Let’s work TOGETHER to end the stigma around mental health #BellLetsTalk

Borrowing money is harder for self-employed Canadians. A group that, according to Statistics Canada, has a higher median net worth than paid employees. I can help turn the tables. With access to banks, private lenders, credit unions and more I will find the mortgage that's right for you.

One call can give you access to tons of lending options you can’t get on your own. From major banks to private lenders and credit unions, using a mortgage broker gives you access to all of them. Contact me for a free consultation.

Wishing you and your family a #MerryChristmas and a happy, safe and healthy holiday #HappyHolidays

The Bank of Canada has just announced that it will hold the key rate at percent until the inflation objective is achieved. This means there is no change to the overnight lending rate for your variable rate mortgage, credit card or lines of credit. Given the economic conditions, we can expect the key rate to stay low into 2023. Read the full report from the Bank of Canada here: https://www.bankofcanada.ca//01/fad-press-release-2021-01/

Just a reminder that I have access to unique products and services to help you achieve your home ownership goals and also assist you with your financial needs beyond just mortgages. Ask me for information on home and auto insurance as well as a unique cash back Mastercard.

A lot has gone on this year in the mortgage market. We have had everything from rate drops to deferrals to restrictions come at us and your personal situation may have changed. As the year comes to an end, if you have not made time for your annual mortgage check-up, now is the time! Send me a message and we can review your situation, free of charge, to ensure you are getting the mortgage that’s right for you.

To best meet your needs, I have a wide array of products to choose from banks, private sources, independent lenders, etc. If you are in the mortgage market, we should talk. Whether you are looking to explore your options or get a second opinion, the lending options available could save you thousands!

We're about to award our first winner of the Mortgage Alliance "Win Your Mortgage Payments for A Year" Sweepstakes and we can't wait! Don't miss the sneak peeks this Friday January 15th! Stay tuned!! For complete contest rules, visit: https://www.mortgagealliance.com/ #WinYourMortgagePayments

If you are a homeowner and struggling with high-interest debt payments, we should talk. It may make sense for you to refinance and access the equity in your home to pay off your high-interest debt. Your mortgage is typically the lowest interest rate to borrow money. Refinancing to pay off high-interest debt and lumping everything into your mortgage payment could free up extra cash each month by saving you on interest. Send me a message and we can see what's available to you.

If you are thinking about buying your first home or moving up, now is the time! Bank of Canada Governor, Tiff Macklem made a statement informing Canadians that if you are thinking about making a large purchase you can be confident interest rates will stay low into 2023. Read the full report here: https://www.bankofcanada.ca//10/fad-press-release-2020-10/

Thank you to all of the men and women who fight for our country and our freedom. #LestWeForget #Greatful #RemembranceDay

Top 3 reasons homeowners choose to refinance: 1. Take advantage of a lower interest rate. 2. Consolidate high interest debt. 3. Fund home renovations.... If you interested in exploring your options send me a message. I'm here to help and my services are free.

The Bank of Canada maintained their overnight rate unchanged. They stated that the policy interest rate will remain low until the economy improves which they project will not happen until 2023. https://www.bankofcanada.ca//10/fad-press-release-2020-10/

I hope you all have a terror-ific Halloween! #HappyHalloween

3 Reasons you should use a mortgage broker vs going to your bank: 1. Better Rates Because lenders compete for my business, I get access to discounted rates based on volume and I pass these savings directly on to you. 2. Access to more lenders - When you apply for a mortgage at a bank or credit union, you only have access to the products they offer in house. With me, you get access to dozens of lenders.... 3. My services are free I am compensated by the lender. If you have questions about your mortgage or home financing options send me a message, I'd be happy to chat.

Is it time to break your mortgage for a lower rate? For some the answer is easy, while for others in a fixed-rate mortgage it can become a difficult and complex question when facing prepayment penalties. What we know for sure is that rates are at record lows. If you are unsure of whats best for you, reach out. Together we will run the numbers to see what makes sense for you.

ICYMI, the Bank of Canada maintained their overnight rate. The rate is to remain steady until the economy improves and the inflation objective is achieved. This is great news for my clients with a variable rate mortgage or HELOC.

A great week up north recharging the old mental battery and spending time with my favourite little mortgage assistant

Morning views Its surreal to feel and witness the power of the wind and waves coming off of #LakeHuron while relaxing with a coffee. Using this energy to recharge and get back to business next week

If you currently own a home, now is the right time for a mortgage checkup to find out if you can save on interest costs and what steps you can take today to help you get closer to reaching your short- and long-term financial goals. Always remember that as a Mortgage Professional Im here to offer you unbiased advice and answer any questions you might have. Please dont hesitate to reach out.

Rates are low and can be locked in for 90 days. If you are thinking about buying a new home, contact me so you can be ready to make an offer.

With rates being low, and expected to stay for a while, now is a great time to unlock equity through refinancing or a home equity line of credit (HELOC). Refinancing allows you to access equity and possibly obtain a better interest term and rate. Where as a HELOC lets you keep the mortgage you are currently paying while getting access to a large sum of money. If you are interested in exploring the possibilities available to you send me a message for a free consultation.

If you are a homeowner 55 years or older a reverse mortgage might be right for you. It allows you to access up to 55% equity in your home with no monthly payment. Contact me today for more details.

As we get used to our new normal many #Canadians are finding ways to get away close to home. You may be surprised to find out you can utilize the power of leverage to purchase a vacation home, just ask me how. #VacationHome #Relax #Escape #StayCation

We want to pay your mortgage! One lucky Mortgage Alliance customer will win the value of their new Qualifying Mortgage payments during their first year, up to a maximum of $25,000. Contact me for more details or click the link below. It pays to use the right broker!... https://www.mortgagealliance.com//MortgageAllianceWinYourM

The major Banks are lowering their 5-year fixed rates which will cause the qualifying rate to drop from 4.94% to 4.79%. This is good news for anyone who needs a mortgage. The qualifying rate is the rate used in the stress test to determine how much you can borrow. Contact me to see what you can afford today.

Working with me gives you access to lending options you cant get on your own. I deal with many lenders, from major banks to private lending options. When you are ready to renew, refinance or purchase your next home, contact me for a consultation.

I hope everyone can take some time to enjoy this weekend! #HappyLongWeekend #Relax #Summer

Fixed or variable? How much of a down payment do you need? What is mortgage default insurance? Do you qualify for any first-time home buyer incentives? When it comes to securing your mortgage there are a lot of questions. That's where I come in. I'll help you navigate the process, present you with options, and ensure you get not only the best rate but the terms you need. Feel free to reach out with any questions, I'm here to help.

With interest rates low, and expected to stay there, now is a great time to refinance to pay off high interest debt. Use this as an opportunity to streamline your finances and incorporate everything into one payment, your mortgage. Contact me for a free consultation.

This is something I can definitely confirm is happening.. a lot! My clients are saving thousands by taking advantage of super low rates and you should be too. Contact me today for an assessment of your current mortgage and rate.

To improve something, it is important to understand it! Pay your bills on time, have a good mix of credit accounts, and keep a lower ratio of debt used to credit available. Regardless of your financial milestones it is important to know what makes up your score so you can keep it on track. Click below for more details https://www.consumer.equifax.ca//what-impacts-credit-score/

As expected, the Bank of Canada maintained their overnight lending rate. They announced it will not be increasing until the inflation objective is achieved. Click below to read the full announcement. Interest rates are still at record lows and now more than ever you should have a trusted broker on your side. If you have any questions dont hesitate to contact me, my services are free. https://www.bankofcanada.ca//07/fad-press-release-2020-07/

Win your mortgage payments for a year! One lucky Mortgage Alliance customer will win the value of their new Qualifying Mortgage payments during their first year, up to a maximum of $25,000. Contact me for more details or visit: https://www.mortgagealliance.com//MortgageAllianceWinYourM

Should you pay down your mortgage as quickly as possible? Although being debt-free should always be a goal, there may be better ways to use your money.

With all the information you have been hearing about interest rates and policy changes it makes sense to schedule a free mortgage check up. I will look at your current rate and term, discuss your plans and make sure your mortgage is right for you. Send me a message and I can start your mortgage check up today.

Wishing all of my clients and all #Canadians Coast to Coast a #HappyCanadaDay! #MyCanadaMyHome

3 Reasons you should work with me vs going to your bank: 1. Better rates Because lenders compete for my business, I get access to discounted rates based on volume and we pass these savings directly on to you. 2. Access to more lenders - When you apply for a mortgage at a bank or credit union, you only have access to the products they offer in house. With me, you get access to dozens of lenders.... 3. My services are free I am compensated by the lender.

Are you a homeowner that can benefit from todays low rates? According to economists, the weighted average mortgage rate currently paid by borrowers [is] roughly 50 basis points higher than the current rate no less than 20% of borrowers have already renegotiated their rates. We expect more to come. Contact me for a cost / benefit analysis of your situation.

A few days ago I posted the great news about CERB payments being extended past the original deadline. Here are some FAQ and important info about how CERB payments impact your mortgage. https://www.bnnbloomberg.ca/if-i-apply-for-cerb-will-it-imp

To all the great Dads out there, #HappyFathersDay

With recent announcements around CMHC tightening qualifying criteria and our other two insurers Genworth Canada and Canada Guaranty not, the mortgage landscape can seem overwhelming. Now more than ever you should be seeking advice. I deal with multiple lenders and flexible terms. As we have all seen over the past few weeks, life changes and your mortgage needs to adapt with you. Contact me for a free, unbiased, consultation.

Great news! CERB will now provide payments of up to $500/week for a maximum of 24 weeks (instead of the previously announced 16 weeks) to assist with Canadians without work during Covid.

Congratulations to our $100,000 Minimize Your Mortgage Sweepstakes winner, Amanda Smith from #Ottawa! This marks the 13th giveaway and $1.3 million in prize money awarded to lucky Mortgage Alliance customers. The best part? We do it again next year!

CMHC recently announced that as of July 1 they will be tightening their underwriting guidelines which will have a huge impact on buying power for Canadians. In Canada we have 3 companies that provide mortgage insurance for those who need to buy with less than 20% down. CMHC is the most popular because they are government owned, but Genworth and Canada Guaranty announced they will not follow CMHC in tightening their policy. This is one more reason why it is so important to work with a mortgage broker who can give you options.

As Canadians we have options when it comes to mortgage insurers and 2 out of the 3 are not following suit of tightening their underwriting guidelines. Usually when CMHC makes a change Genworth and Canada Guaranty follow. This is not the case because the change was not made by the Minister of Finance but rather CMHC themselves. This is one more example of why it is so important to work with a trusted mortgage professional like myself who can provide you with the unbiased advice you need.

CMHC is NOT the only mortgage insurer! Which is great news for you because today, Genworth confirmed that they will not change their underwriting policy meaning NO changes to your buying power after July 1! Contact me if today if you have any questions about mortgage insurers. http://investor.genworthmicanada.ca//Genworth/default.aspx

Quoting The Globe and Mail personal finance columnist Rob Carrick: "If youre buying a home or renewing a mortgage, by all means ask your bank for its best offer. Then consult a mortgage broker to compare both the rate and the breakage penalty." I can guarantee you that the bank won't offer you their absolute best. If you've already spoken to your bank, make sure to consult with me for a second opinion.... https://www.theglobeandmail.com//article-an-argument-for-n

With the recent CMHC announcement about qualifying for a mortgage, and our ever-changing rate landscape, now more than even you should be working with a Mortgage Broker. I deal with multiple lenders and flexible terms. As we have all seen over the past few weeks life changes, your mortgage needs to adapt with you. Contact me for a free, unbiased, consultation.

ICYMI: IMPORTANT REMINDER In order to protect future home buyers and reduce risk, Canada Mortgage and Housing Corporation (CMHC) is changing its underwriting policies for insured mortgages. Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance:... Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42 (this means CMHC will not allow you to carry as much debt); Establish minimum credit score of 680 for at least one borrower; and Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes. Contact me with any questions, I am here to help

How can you lose with awesome clients like this? They help me make it look easy. Thankful and grateful I love my job

You might have heard that CMHC announced changes to its mortgage insurance underwriting and acceptance criteria. Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance: - The maximum gross debt service (GDS) ratio drops from 39 to 35... - The maximum total debt service (TDS) ratio drops from 44 to 42 - The minimum credit score rises from 600 to 680 for at least one borrower - Non-traditional sources of downpayment that increase indebtedness will no longer be treated as equity for insurance purposes It is important to note that this is strictly a CMHC announcement meaning that, at least for now, the two other insurers (Genworth and Canada Guaranty) have not implemented these changes. As always, it is important for you to know how these changes impact your mortgage specifically. Please contact me today to discuss what these changes mean for you.