Natalija Moukminov

Unlock Your Home's Potential with a Reverse Mortgage Are you a Canadian homeowner aged 55 or older looking to leverage the value of your home for financial flexibility? Introducing a tailored reverse mortgage solution offered by Mortgage Alliance. What is a Reverse Mortgage? Our reverse mortgage product allows you to access a higher percentage of your home equity without the burden of monthly mortgage payments. The loan amount only becomes due when you no longer reside in your home. This means you can access funds without sacrificing ownership or regular payments. Benefits of Our Reverse Mortgage: Cash Access: Obtain funds for unforeseen expenses, assist family members with their first home purchase, or consolidate debts. Tax-Free Funds: The money received through this reverse mortgage is tax-free and can be used according to your needs. Frequently Asked Questions: 1. Who Qualifies? Applicants and their spouses must be 55 years or older. Home value should be a minimum of $300,000. The property must be your primary residence located in select Canadian regions. 2. How Much Equity Can You Access? You can access up to 55% of your home's appraised value. 3. How Do You Receive the Money? Choose between a lump-sum payment or opt for subsequent advances based on your requirements. 4. What if Your Home's Value Decreases? We ensure that the repayment amount will never exceed the fair market value of your home*. 5. Is This Suitable for Those Over 75? Contact our specialists to explore the suitability of this product and discuss available options. 6. Does the Bank Own Your Home? No, you retain full ownership and title of your home. You are responsible for living in the property, maintaining tax payments, property insurance, and ensuring property upkeep. 7. Can You Obtain This with an Existing Mortgage? Yes, many clients use this solution to pay off existing mortgages and manage debts efficiently. For more information and to determine if this reverse mortgage is the right fit for you, reach out to our specialists today. Unlock the potential of your home equity with Mortgage Alliance. Contact us at 647-570-8187 or visit our website to learn more about this product and explore your financial options. https://lnkd.in/gCepFav4

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Can you buy a house without a realtor? 🤔 Legally, yes... But should you? Their expertise smoothens negotiations, ensures compliance, and seamlessly collaborates with both lawyers and mortgage experts. 🧑‍💻 As your mortgage broker, I'll team up with your realtor for a smooth transaction. Need suggestions? Reach out! 👋 📞 416-893-1783 📩 craig@wearemortgages.ca 🌐 chatwithcraig.ca #mortgagecraig #PrivateSale #MortgageBroker #RealtorTips #MortgageTips #Mortgage #FirstHome

Questions to consider when working with a home inspection agent

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An Insured Mortgage is a key term every first-time buyer should know. It means you’re putting down less than a 20% down payment on your home. The rules are pretty straightforward: for the first $500,000 of your purchase, you need at least a 5% down payment. Anything above that, up to $1 million, requires 10%. And if you’re not hitting that 20% mark, you’ll need to get default insurance, often called “CMHC” insurance, which gets added to your loan. Why do most first-time buyers go this route? It usually opens up better interest rates, making those monthly mortgage payments a bit more manageable. But there are some exceptions. If you’re eyeing a property over $1 million, planning to rent it out, or if it’s a larger multi-unit home, you’re looking at a minimum of 20% down. Other situations, like needing an alternative lender or buying something unique, like a seasonal cottage, might also push you into a larger down payment. On the flip side, if you can swing a 20% down payment, you’ll skip the insurance premium and could even extend your amortization to 30 years, spreading out payments to lighten the monthly load. It’s all about balancing what you can afford upfront with what you’ll need to cover each month.

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Do you know with a Purchase + Improvement program, you can SAVE money? In this example from one of my lenders, scenario A is purchasing a home and then utilizing a line of credit for renovations. In scenario B using the Purchase + Improvement Mortgage, the client rolls their renovations into the mortgage. This saves $768 per month! Some examples of what can be done with a Purchase + Improvement mortgage... * Add a rental suite * Add a bathroom * Renovate the kitchen * Ability to have multiple draws on improvements over $40k * Combine the program with other programs (e.g., New to Canada, Investment Property, Borrowed Down Payment) * Have any unused funds applied back onto the balance of the mortgage Considering a purchase in the next few months? Talk to me about the Purchase + Improvement program and see if this is the right fit for you! Nicole Reynolds Mortgage Agent Level 2 Rock Capital Mortgage Lic 10556 289-288-0091 #purchasingahome #renovateyourhome #improveyourproperty #mortgage #mortgageburlington #mortgagehamilton #mortgageagent #mortgagetips #nicolereynoldsmortgage #GTAmortgage

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Capital Gains Inclusion Rate Increase #BestMortgageRate #SurreyRealEstate #VancouverRealEstate #BCRealEstate #Mortgage #MortgageBroker #HomeLoans #HomeFinancing #Refinance #MortgageAdvice

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Bottom Line The central bank meets again on June 5. The April CPI report will be released on May 21. This is by far the most important economic report for the Bank. They will look at the three-month trend in the core inflation measures. These figures have already fallen sharply, but given the strength in the jobs report, the central bank will likely wait another month before they begin cutting interest rates. #mortgages #interestrates #canadianeconomy #bankofcanada #inflation

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Unlock the Potential of Multi-Family Building Investments with Expert Financing Solutions! Are you considering investing in multi-family properties or planning a new construction project? At Mortgage Alliance, we understand the growing demand for multi-family housing and the excellent investment opportunities they present. Why Multi-Family Buildings? Multi-family buildings offer a steady rental income and the potential for significant property value appreciation. However, financing these projects can be complex. That's where we come in. Your Financing Options We provide a range of mortgage options for multi-family properties, including conventional loans, FHA loans, and VA loans. Each option has unique benefits and requirements, and we’re here to help you navigate them. Construction Financing Thinking about building? Our short-term construction loans cover your project costs and can convert into a permanent mortgage upon completion. We help you with: Understanding loan requirements Comparing interest rates and terms Assessing project feasibility Why Choose Us? As experienced mortgage agents, we guide you through the intricate process of securing the right financing for your project. Our expertise ensures you get the most favorable terms, whether you're purchasing an existing property or embarking on new construction. Key Tips for Success Conduct thorough market research Develop a comprehensive financial plan Assemble a team of professionals Investing in multi-family buildings can be rewarding with the right strategy and support. Let Mortgage Alliance be your trusted partner on this journey. Ready to get started? Contact us today to discuss your project and explore your financing options!

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It's not as simple as signing on the dotted line (or e-signatures nowadays). Experience matters. Networks matter. It's time to level up your network and your net worth. It's the only way to fight inflation - you have to get ahead of it. If you're one of those people who bought an investment property at the height of the market and now, you're property is either in a negative monthly cash-flow and/or has dropped in value, reach out to me and I will assess your situation. There's a strategy in every market. Millennial's Choice Group of Companies

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Many factors determine how long it will take to sell your house, such as the current market conditions, your property, the quality of the neighbourhood, the time of the year, etc. To get a better estimation, send over a DM today! #homeseller #homeselling #homesellingtime #homeforsale #sellhomes #sellingagent #realestate #realestateagent #property #neighbourhood#ragonasistersrealestate #ragonasistersrealty #ragonasistersmortgage #vaughanrealtor #vaughanrealestate #woodbridgerealtor #yorkregionrealestate #ragonasisters

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Everything comes down to your debt to income ratio. It gets tricky if you're self-employed, have a lot of overtime hours, or your income varies from paycheck to paycheck. But once we nail down your average income and your total debt obligations, then we can figure out how much of a mortgage you can afford. #mortgage #personalfinance #canadianfinance #canadianrealestate #buyingahome #mortgagetips #debtfree #mortgagefreedom #northbayrealestate #northbay #firsttimehomebuyer #entrepreneur #entrepreneurship #smallbusiness #smallbusinessowner Joel Arndt Mortgage Agent Level 2 Sherwood Mortgage Group Brokerage license 12176

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Determining the perfect price for your home, often referred to as finding the "sweet spot," requires careful consideration of various factors. I'll begin by researching comparable properties in your area to understand the current market trends and competition. I'll also assess the condition and unique features of your property, as well as any recent upgrades or renovations that may impact its value. By carefully evaluating these factors, I'll determine the optimal price range that attracts potential buyers and maximizes your home's value in the current market. #realestate #homepricing #housingmarket #propertyvalue #homeselling #listingagent

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Dreaming of a mortgage-free future? Consider this: by cutting back on small daily expenses, you could redirect that money towards your mortgage prepayment. Just $5 a day adds up to significant savings over time! Take control of your financial future today. #VineGroup #mortgagerates #mortgagetip #mortgageagent #mortgagebroker #mortgagespecialist #mortgageassociate #mortgageconsultant #realestate #realestateinvesting #realestate #realestatemarket #financialneeds

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