Victorymortgages.ca
11656 15 ave t6j7e1 Edmonton, AB, Canada

No matter what happens, life is going to be different post-coronavirus, and the more prepared you are, the better off youll be. Use this time that we are in quarantine to assess your current spending and get truly honest with yourself and your finances. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4421

COVID-19 has us all wondering what will happen to our investments? Now is the time to consider safer investments not to pull out of the market entirely, but rethink your strategy, review alternate options, and yes, even take some action. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4417

Knowing your net worth is empowering even if it seems scary. It lets you see where you need to make changes and honestly, now is the best time to start. Prepare yourself for anything that may come your way during this time in quarantine. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4415

No one can predict what the aftermath of COVID-19 is going to look like. We hope that all businesses make it, but in all reality, that may not happen. If you are worried about losing your job, its almost imperative that you do this now because you wont be able to qualify for a refinance without a job and that could leave you in even more financial distress later. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4413

Any Canadian who has ceased working for a 14-day period due to COVID-19 is eligible for the Canada Emergency Response Benefit. That includes wage earners, contract workers, or self-employed individuals; those who've had to stay home without pay to self-isolate or care for loved ones; and anyone else who hasn't been permanently laid off but has stopped receiving paycheques. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4410

Need some help understanding your options for your mortgage during the COVID-19 emergency. Just give me a call, sometimes a short call can clear up everything! I am getting lots of calls, but leave a message and I will get back to you as fast as I can. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4372

All provinces are moving towards taking evictions off the table during COVID-19 emergency. Saskatchewan, Ontario, Manitoba and BC have made it official. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4396

Lots of work has been done to protect Canadian homeowners, but the support provided is deferring payments and adding interest to the mortgage. Homeowners are not getting a free ride; they still are required to maintain their current amortization and may face increased payments after the deferral period as a result. Skipping a mortgage payment is not like erasing it; it still needs to be paid to the bank, just at a later time.... I am not sure what a renter is going to do, this needs to be dealt with quickly, and with both the landlord and the tenant's issues in mind. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4390

I know COVID-19 is dominating social media, but we are in real-time feeling our past financial decision hunting us, or helping us. Nows not the time to panic, but it may be the time to get serious. Where do we stand on risk, how much savings do we have, how much debt are we carrying? Simple questions, with some hard decisions, please make them wisely, and free from panic. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4378

Beware aware of COVID-19 SCAMMERS. Please share this information with your friends, family and loved ones. I can't believe I even have to post this. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4373

Will this interest rate cut help me? Is there any help available for my mortgage payment during COVID-19 pandemic? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4365

COVID-19Mortgage Payment Difficulties Hi , These are unprecedented times and here we are finding ourselves in an unfamiliar place. These are going to be difficult times for a lot of Canadians but we wanted you to know... You are not alone, we are with you, and we here to help! Like many homeowners, you may find yourself wondering, what if I cant make my mortgage payments? Mortgage lenders and I have confirmed that all mortgage insurers are offering help to those struggling during these tough times with up to 6-months payment deferral/capitalization as well as other solutions. If you find yourself needing assistance, please do not hesitate to reach out to our office at780.439.2111. We are always willing to help any way we can. Below is a note from CMHC When unforeseen financial circumstances impact your ability to make regular mortgage payments, its important for you to take quick action. With early intervention, cooperation, and a well executed plan, you can work together with your mortgage professional to find a solution to your financial difficulties. What can I do to help? If you find yourself facing financial difficulties, as a result of job loss, family income reduction, or for other reasons, it can be an overwhelming experience leaving you feeling uncomfortable and unsure of what to do. By following these three simple steps, you can make a big difference in resolving your financial difficulties. 1) Talk to your mortgage professional To increase the chance of successfully managing your financial situation through early intervention, call your mortgage professional at the first sign of financial difficulty. Ask the mortgage professional about information on the options available for managing your financial situation; and Keep the mortgage professional informed as circumstances evolve. 2) Clarify the financial picture In order to help your mortgage professional fully understand your financial situation, before meeting with them, prepare a detailed list of financial obligations including any credit cards, loans, household bills with the amounts owing and their due dates. Be sure to include information about your current income, savings accounts, investments, and any other assets. Let us know how we can help780.439.2111. In the words of a wise Yoga instructor... "inhale peace, exhale stress, inhale calm, exhale worry." Regards, Victor Francoeur AMP Mortgage Broker P.S. If you know any friends, relatives or colleagues that may need assistance, please pass this along.

No one expected this so quickly, but here it is, a massive rate drop by the Bank fo Canada! I will review the impact of this over the weekend and early next and provide you with some more commentary, once the shock wears off. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4360

Even as of March 13/20 the Public Health Agency of Canada, is stating that the likelihood of an Outbreak in Canada is low, however, Canadians still need to be vigilant in ensuring we are combating the spread of this disease. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4357

20 years ago today i became a Mortgage Professional

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=VictorFrancoeur&l=1802

While saving for a deposit for a new home, it's nice to have a little extra money coming in. Here are few things to consider while thinking about a side hustle. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4351

Just a beautiful quote to start the week! It's not the amount of SPACE in a HOME that MATTERS; it's the amount of LOVE in it! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=3584

Starting small is key to crafting a sustainable savings plan once that's in place, you can always build up from there. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4325

Banks have already started lowering their variable rate. A .5% cut to the rate of $450,000 mortgage would equal about $115 per month in savings. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4335

Alarms sounded around the world on COVID-19 have the Bank of Canada taking action lowering the overnight target rate to prepare for potential financial consequences of the virus. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4330

Are you thinking of buying a home this Spring? Here are six advantages of getting pre-approved now before you start shopping. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=965

Finding the perfect home can be hard, but finding the right home and then renovating to make it perfect is 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=VictorFrancoeur&l=965

Getting pre-approved for a Mortgage will make the process smoother. Pre-approval sets your budget and locks in your rate. Be patient and start the process early so you can make the best decisions. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=965

If you're looking to buy a home, getting a mortgage pre-approval will make the process smoother, as well as help you develop a realistic budget and plan for one of the most significant purchases of your life. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=965

Friday Funny Why did the house go to the Doctor? Because it had a window pain!... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=3584

Canada Mortgage and Housing Corp. announces it has downgraded the vulnerability of several cities in the Prairies while overall Canada's housing market remains moderately vulnerable. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4287

The federal government is changing the stress test rate for insured mortgages starting April 6. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4284

Copy the big bank's investment strategies and get security, fixed rate of return and a fixed income stream! Do what they do, not what they say! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4275

Learn how to copy the BIG BANKS investment strategies and duplicate them inside your investment portfolio. You can turn your Investment Portfolio into your own personal BANK. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4275

Yes, you can invest directly in mortgages from inside your RSP, RIF, Lira and even TSFA and Yes, there is a simple way to do it. What would it feel like to you if you knew that your RSP money was secured against a physical asset like a house? Would it make you feel safer, knowing that there is an actual asset protecting you in case something went wrong? I bet you would, and it is for that reason that I believe this it is worth learning how to do it.... Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4275

There are lots of things that you can do to save money while renovating as long as you use patience and properly plan your project. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4263

You may be wondering why you should deal with a Mortgage Broker instead of the bank directly. Well, do you know which lenders have the lowest rates, preferred renewal policies, and lowest fees? I do, and I can help you find the best mortgage for you! Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=445

No change to the Bank of Canada key target rate, use these four tips to get the most out of the current low mortgage rate environment: 1. Considering Increasing your mortgage payment. 2. Consider putting some extra money towards retirement savings. 3. Consider consolidating some debt. ... 4. Consider home renovations. Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4236

No change to the Bank of Canada key target rate, but how does that impact you? Learn more by reading my new blog post: https://www.clearhome.ca/links/?b=VictorFrancoeur&l=4236

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=VictorFrancoeur&l=1918