Yash Goenka- Mortgage Expert

03/06/2015

Wishing all my Friends, Colleagues and my Clients a very Colourful and Joyous HOLI.... May your lives be filled with Colours of Joy :)

Wishing all my Friends, Colleagues and my Clients a very Colourful and Joyous HOLI.... May your lives be filled with Colours of Joy :)

02/25/2015

1. 100% financing (Zero Down payment, only need 1.5% closing cost)
2. Non Resident Program (65% LTV)
3. Temporary Resident Program (90% LTV and client with work permit Visa)
4. Only stated income program for Realtors/Mortgage Agents/Insurance Agents & other commissions sales reps
5. Conventional Mortgage Amortization can be up to 35 yrs
6. 2ndMtg as an Equity Line Visa

Call me at 647 766 6600

02/24/2015

Bank say no, We say yes. all kind of credit.
For A FREE No Obligation Consultation for You’re Financing Needs or Advice for Buying and Selling Properties.
Four Month (120 Days) Best Low Rate Guarantee For:
- - Purchase or Refinance or Renewal: Rates as Low as 1.99 (5 years Variable) or 2.69% (5 year Fixed; On Approved Credit)
- - Mortgage Renewal: No Cost To Switch Lenders.
- - 1st and 2nd Mortgage and 80% Home Equity Line of Credit – Private Fund available
- - Refinance or Equity Take Out or Credit Consolidation
- - 35 years Amortization still available with deals with 20%+ Down payment
Best Rates Between 70 Lenders Within 24 Hours.

** We Refinance:
- - Power of Sale Actions
- - Foreclosure Actions
- - Mortgage and Property Tax Arrears
- - Or Other Problem Situations
Tell Us The Story….. Show Us The Real Estate!!
** We Can Also Assist With Your:
- - Commercial Mortgage
For Church Properties, Restaurant Franchise or Independent Restaurants, Grocery or Convenient Stores
- - Business Loan or Operating Line of Credit
For Doctors, Dentists, Engineers, Movie or Ad Producers, Accountants, IT Firms etc.
** Ask Us For Programs:
- - Self Employed
- - Commission Income
- - New Immigrant
- - Bankrupt or Consumer Proposal
- - Bruised Credit or Bad Credit
- - Bank Rejections or Declines

** Should You Refinance?
Taking a look at refinancing could lead to financial independence sooner that you think. Together we can review your current financial situation and provide you with some options including a monthly budget.
The following is an example of how you are able to save each month by refinancing and using your equity in your home to lower your monthly payment and increase your cash flow:
LIABILITIES: Existing Mortgage @ 4.5%
AMOUNT: 400,000.00
MONTHLY PAYMENTS: $2,026.75
LIABILITIES: Credit Card @ 19.75%
AMOUNT: 7,500.00
MONTHLY PAYMENTS: 250.00
LIABILITIES: Car Loan @ 6.50%
AMOUNT: 15,000.00
MONTHLY PAYMENTS: 450.00
LIABILITIES: Store Credit Card @ 28%
AMOUNT: 3,500.00
MONTHLY PAYMENTS: 125.00
LIABILITIES: Line Of Credit
AMOUNT: 20,000.00
MONTHLY PAYMENTS: 200.00
TOTAL 446,000.00
MONTHLY PAYMENTS: 3,051.75

CONSOLIDATE With New Mortgage @ 2.8% (30 years Amortization)
AMOUNT: 446,000.00
MONTHLY PAYMENTS: 1,828.74
Monthly SAVINGS $1,223.01

Call 647-766-6600 today to learn more about how we work to find you the right mortgage solution. Get expert advice so that you can make informed decision. Call Now.
YASH GOENKA
Mortgage Broker
Direct: 647 766 6600
Email: [email protected]

02/18/2015

Why you should care about the banks' posted rates on mortgages

02/08/2015

Here is a generic list of the documents you will need to have handy when ready to begin the home loan process.

02/05/2015

The best rate: 2.15%

Get in touch for the Lowest Interest Rates.. I can also help you take equity out of your home for: purchasing a 2nd house, Education, Home Renovations, Investments, Retirement Planning, etc.

For Best Rate and the Best Service, Call Yash Goenka- Mortgage Expert at 647-766-6600

02/04/2015

Get your free bins until March 31st. Waste collection changes for Peel Region Yash Goenka- Mortgage Expert

01/31/2015

When Banks says NO... I say YES..

First-time homebuyer?
Self-employed?
Investment opportunity?
People with bad/ poor credit?
Long (or short) amortization period?

Contact me at 647-766-6600 for a customized personal consultation.

01/31/2015

VALUABLE TIP: Paying about $200/month pre-payment for 3 years can reduce your amortization by about 3 years. That is exactly what I have done on one of my investment property. I have paid 6 years of mortgage in 3 years just by paying $200 pre-payment every month.
With the way I'm going I should be mortgage free on this investment waterfront condo in 10 years.
My advice: Think big, and think long term!

01/26/2015

This is the first time interest rates have changed since September 2010. Here are the hard numbers on The 4 Reasons you should buy a home in 2015.

1.) Your mortgage payments are lower now than before
Fixed term mortgages have never been at the rate they are today. With interest rates at an all time low, homeowners can expect to see a substantial decrease in their monthly mortgage payments.

So what does that mean exactly? Simple. Buying a home today is considerably more affordable compared to the past few years.

To illustrate just how much you can expect to save, I’ve decided to run the numbers for Jane, a homeowner with a 300k mortgage and an annual income of $80,000.

With current record low rates, Jane can save over $125/month on mortgage payments alone. That marks a total annual saving of $11,886.

2.) You can afford a more expensive home
Now that your mortgage payments are lower, you actually qualify for a higher mortgage amount. When banks calculate you maximum mortgage, the interest rate is a key component, as it will affect your monthly payments.

With that in mind, Jane would be able to afford $41,000 more for a home. The best part is your mortgage payments stay the same!

3.) Your payments will be lower now than in the future
We all know that when things are at an “all time low” they are unlikely to stay low for very long.

4.) There have many predictions regarding the Bank of Canada’s increasing interest rates this year. Economists have forecasted an possible increase of 0.5% over the next 1-2 years. If this forecast is correct, the result would be the equivalent of paying $7,414 more, over 5 years.

With these facts in mind, you should finally check off buying a home from your 2015 bucket list.

Call ME, Yash Goenka at 647-766-6600 to get a FREE No obligation mortgage advice.