Stacey Mass Mortgage

06/26/2024

06/24/2024

06/17/2024

06/04/2024

05/27/2024

05/18/2024

🏡 Ready to buy your first home? Here are 4 important checkpoints to ensure you're prepared:

1️⃣ Save for a Down Payment: Aim for at least 5% of the home's price plus .5% for closing costs. Whether you've saved up or received help from family, having this amount shows financial stability.

2️⃣ Establish Credit: Build a solid credit history with two trade lines over two years (minimum total credit limit $2000). Credit challenges? No worries—plan ahead or consider a co-signer.

3️⃣ Secure Income: Lenders need assurance you can manage mortgage payments comfortably. Stable full-time employment is ideal. Keep housing costs under one-third of your income.

4️⃣ Consult a Mortgage Pro: Buying a home is a journey. Start with a preapproval to discuss finances, down payment options, credit, and more. Let's find the right mortgage for you!

Ready to take the leap? Connect anytime! 📩

05/06/2024

🏠 Thinking about home renovations but short on cash? Here are some smart ways to use mortgage financing to make it happen!

1️⃣ Existing Home Owners - Mortgage Refinance: Tap into your home equity with a mortgage refinance. It could lower your borrowing costs and allow you to add renovation expenses to your mortgage. Let's talk about your unique situation and options!

2️⃣ Home Equity Line of Credit (HELOC): If you have significant home equity, a HELOC offers more favorable terms compared to unsecured lines of credit. Let's explore how this could work for you!

3️⃣ Buying a Property - Purchase Plus Improvements: Purchasing a fixer-upper? Some lenders allow you to include renovation costs in your mortgage. We'll guide you through the process to ensure it adds value to your property.

Ready to discuss financing your dream renovation? Connect with us anytime! 🌟

04/14/2024

Meet the team! I love working with my daughter Allorah as my right hand. I truly appreciate her commitment to our clients and dedication to providing top level service! Thanks to for the new pictures!❤️.

04/11/2024

Variable Rates Remain the Same. 👏

No change is good in this case as The Bank of Canada kept their overnight lending rate at 5% this morning, meaning variable rates remain the same for now.

But, what we can look at changing is your cash flow scenario. Let's look at refinancing your mortgage to potentially lower your monthly payments and maybe even consolidate some debt.

Waiting for rates to drop before you buy? Well, it's better to be prepared for when that happens versus getting prepared AFTER that happens. Let's get you pre-approved and secure a rate now. If rates do end up going down, you're already approved. 👍

03/18/2024

Thank you Chris!

03/17/2024