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Lic # 13121
Greater Golden Horseshoe
Specialties: Residential Mortgages, First-Time Home Buyer, Self Employed, Reverse Mortgages, Alternative Lending, New Canadian, Rental Property / Investment, Bad CreditApply Now
I have been in the mortgage and real estate industry for over 26 years and a Broker /Owner since 2004. In my previous life I have worked as a Restauranteur (15 years) and a Registered Nurse (5 years). In 1996, I decided to join my husband, Walter, in the real estate and mortgage business (who has been at it since 1987) to help him out with his crazy schedule and much to my surprise I found my passion.
I have always enjoyed working with people, educating my clients and helping save people money so that they can reach their financial goals sooner. I truly care for my clients and their family's well being so that their quality of life is the best it can be. I work for you, NOT the Banks and believe that each client deserves the Right Mortgage. I want you to find the home of your dreams even if it takes months. I am a no pressure sales person but will remind you if you are passing up a good deal.
I believe in continuing education and I constantly attend seminars, webinars etc. to keep up with the real estate and mortgage industry so that I can serve my clients better. I have achieved the designation of Accredited Mortgage Professional (AMP), and am asked by the lenders to be on many industry panels . I am well versed in real estate investing as well as using your RRSP's to invest in mortgages, which again helps those clients that qualify, reach their financial goals. I also use these methods myself as I like to practice what I preach! In 2017 I became an REIA (Real Estate Investment Advisor) with REIN .
I am a Real Estate Broker with The Maximum Results Team working with Remax Real Estate Centre Inc., Brokerage, in Cambridge, providing a one stop shop for all of our client's real estate and mortgage needs. I served as President of the Cambridge Real Estate Board for 2011-2012 term.
Our Mortgage Office has received the Reader's Choice Diamond Award in 2008 through to 2021 for Best Mortgage Broker and Best Mortgage Brokerage . I am in the Elite Club which is the Top 10% of agents in the Mortgage Alliance Network across Canada .
I love what I do and hope to be able to help you and your family achieve the dream of home ownership or meet your investing needs in the near future.
Mortgage Alliance Maximum Results Financial Services Inc. was established in 2004. We were the first in the family of Mortgage Alliance franchises operating in Canada.
In 2019 I joined forces with Lisette Amalfi creating Mortgage Alliance Greater Golden Horseshoe and we have offices in Cambridge, Dundas and Guelph. We are ranked #3 franchise in Ontario and #5 franchise in all of Canada !
We have agents who specialize in subprime business to assist our clients that require help getting their credit back on track, ones that handle private money and of course those that handle regular deals so no matter what your circumstances are, we can help. Our common company goal is to make the mortgage process as stress-free as possible and to also provide education to all of our clients that wish to learn more about credit, mortgages, investing and gaining financial freedom.
We are also home to the 2009 $100,000 Winners in the yearly sweepstakes held by Mortgage Alliance and the Win your Mortgage Payment prize of $25,000 in 2021 .
We are an Independently owned and operated franchise of the MAC Network and our registration number is 13121 .
We are proud to be affiliated with one of the best real estate companies , Remax is an established name and known worldwide.
Our office services Cambridge, Kitchener, Waterloo, Guelph, Brantford and all surrounding areas but we are a National company so we can help you anywhere in Canada. Don't hesitate to contact me for any of your mortgage and real estate needs.
4 reasons why it's smart to use Mortgage Alliance - Greater Golden HorseshoeCheck it out
Borrowing money is harder for many self-employed Canadians. While there is broad recognition that self-employed Canadians are reliable borrowers, it may be difficult to navigate the mortgage process and the different options available specifically for this group. We can help turn the tables. These individuals may run their own businesses, or work in a profession where the main source of their income is predominately capital gains, a form of income that is generally not considered by most “A Lenders”.
We work with self-employed homebuyers every day and understand the challenges that they may face when arranging a mortgage especially with no standard proof of income. Our brokers are experts when it comes to mortgage solutions and have access to multiple options, including mortgage products designed specifically for self-employed Canadians. They can pinpoint which lenders have more favourable terms and requirements and advise you on how you can improve your options to get the best possible rate and terms.
The more complex your mortgage situation, the more sense it makes to use an experienced mortgage professional who can help simplify the process and help you achieve both your short-term objectives and your long-term financial plan. Most of all, they allow you to stay focused on your business, alleviating the burden of many time-consuming and frustrating tasks and meetings associated with securing a mortgage and will also work around your busy work schedule. Many will even travel to your work site if required to make the transaction as convenient as possible for you.
Remember, that independent mortgage professionals work for YOU, not the lenders or banks, so you can rest assured that their advice is unbiased and in your best interest when it comes to finding the right lender and right product to meet your needs. Find out what your options are, give us a call.
If you’re a homeowner over the age of 55 and want to tap into your home equity, a reverse mortgage can be the right solution for you. A reverse mortgage is also known as an “equity release”. With a reverse mortgage, you can access up to 55% of the equity in your home tax-free as a lump sum or monthly cash deposits. The maximum amount you are able to borrow will depend on your age, your home’s appraised value, and our lender. No mortgage payments are required and you maintain ownership of your home. Repayment of the loan and interest is only required once you move or sell the home. At the end of your loan term, you may have less equity in your home. If you don’t make any payments, which is fine, you may have a larger interest payment to make when the home is sold.
A lender will often ask you to consult a lawyer prior to giving you a reverse mortgage to ensure you understand the conditions of the mortgage. The lender can never force you to sell your home to repay the reverse mortgage. It is also important to note that all existing loans on the property, including a mortgage or a home equity line of credit must be paid off prior to getting the mortgage.
Whether you’re looking for a financial cushion to live comfortably, funds to cover monthly expenses, pay off debt, renovate or fund your children’s education, you can use the funds from a reverse mortgage in any way you want without restrictions! What’s more, is if the home goes up in value, it doesn’t affect the reverse mortgage, meaning that all equity gained is yours! Lastly, you can get out of a reverse mortgage at any time by paying off the loan and any interest accrued.
Have a discussion with your mortgage professional to find out if a reverse mortgage is the right solution for you.
Your credit history is integral when it comes to the mortgage approval process because that history is a reliable indicator of how you will manage your mortgage and your finances in the future. Your credit score is calculated using information in your credit report including your payment history, how much debt you’re carrying and the length of your credit history. Lenders use the score to helps determine the risk and your creditworthiness when you apply for a loan. Credit scores above 660 are generally considered good, very good, or excellent. These individuals receive lower rates, and can get loans easier than those that do not fit into this range.
Those with less than average scores or with lower scores who fall into the “poor” credit range may face higher interest rates, difficulty getting better loan terms or qualifying when applying for a mortgage. Buyers with poor credit may have to put down a larger initial down payment or require a co-signer to be able to qualify for the mortgage they need to get into their dream home.
Your mortgage professional can review your situation and coach you on how best to improve your credit over time. That's why it's a good idea to talk to a mortgage broker as soon as you can. As your good credit history becomes established, your borrowing options will increase. If you wish to get a mortgage while you work on bettering your score, we can help!
At Mortgage Alliance we are committed to helping Canadians realize their dream of home ownership. Our brokers have access to many lenders, from banks to private lenders, and a multitude of mortgage solutions. Even if you have poor credit, you have options and our brokers will work with you to find the right solution that best meets your needs. Call for a free consultation.
With the ever-changing market and a stricter stress test, many Canadians are finding it harder to qualify for a mortgage through traditional financial institutions “A-Lenders” and are turning to alternative lending solutions for their mortgage. At Mortgage Alliance we work with many alternative lenders, who can offer excellent mortgage options with more flexible criteria and more lenient qualification requirements.
Alternative lenders are great for individuals who have non-traditional forms of income for example, capital gains, room rental income, child tax benefits and others or for self employed applicants who may not have the minimum required number of years being self employed.
These lending solutions are also a good option for those with lower credit scores. While the rate they offer is slightly higher than what you will see posted by an A-Lender, they are nothing out of the ordinary when compared to traditional rates posted in Canada. They also generally have shorter terms, meaning that you can get into the home of your dreams while being able to rebuild your credit at the same time.
Buyers who don’t qualify under the mortgage stress test can also take advantage of the expanded debt service ratios allowed by alternative lenders to qualify for a mortgage and get into the home of their dreams. If you have a very unique situation, we also have access to various private lenders who are even more flexible and lenient in requirements and may be able to offer you mortgage options that fit your situation. In today’s environment, we’re seeing more private lenders helping Canadians with their mortgages.
Call your Mortgage Alliance professional to find out about the different options available to you. They are experts when it comes to mortgage products and different solutions and will provide you with unbiased advice. They work for you, not the lender.
Are you considering buying a multiplex property in the near future to enter the rental market? While this type of investment is a great way to diversify your income and put money aside, it is important to be well prepared. Buying income-producing real estate is more than an investment, it also means starting a business. But where should you begin? Before you get started, it is important to quantify and analyze the financial implications to ensure that your project is viable and profitable. The return on investment is calculated by subtracting the operating expenses from your income. This amount is then divided by the down payment on the building. The percentage obtained represents the annual return, which should ideally be higher than the mortgage rate.
Another aspect to consider is your ability to manage risk. Rental real estate does not guarantee constant profits, so it is important to assess your tolerance for risk and financial uncertainty.
The financial aspect is not the only aspect to consider. When entering the rental real estate market, you have to manage tenants and take care of the building maintenance. It is therefore important to be familiar with tenants’ rights in Québec and to have an interest for manual work. This will greatly help!
The down payment required for your project will depend on the number of units in your plex and whether you want to live in the building. Usually, you need a down payment equal to 20% of the property value. However, if you intend to live in one of the two apartments of a duplex, the required down payment is 5% and that will increase to 10% in the case of properties with 3 or 4 units.
Mortgage Alliance brokers are there to help you make the right decisions. They can give you advise and guide you through the investment process. Contact us today to start making your project a reality.
Today's Mortgage Alliance - Greater Golden Horseshoe Exclusive Rates
As of June 07, 2023
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