Mike Flemming-BMO Bank of Montreal Mortgage Specialist

01/23/2024

Amazing week at BMO conference of the stars in the Bahamas!!!! So honored to be recognized as Top Performer! Thank you to all my referral partners , colleagues and my associate Ben who plays a huge part in the everyday!!! Looking forward to a successful 2024!!

01/15/2024

Good morning realtors and my contacts !!

Just a Reminder of some of the outside of the box things we do at BMO. Im especially receiving lots of questions about land purchase and construction mortgages. Happy to help if you or your clients are in need of the following :

1. Land financing

2.construction mortgages. We do progress draws (Self build or through a builder ) as well as turn key builds and up to 3 year rate holds

3. Mobile home financing on leased land or on own land at competitive rates

4. Modular home financing

5. High net worth clients and not drawing a lot of income

6. Medical professional program. Medical professionals who are in their last two years of residency or first three years of their practice … We use a projected income. We also have this program for Dentists.

7. Stated income - self employed through Sagen

8. Air BNB financing (this is new !!)

9. 130 day rate holds

10. We use 80 percent of rental income which helps on rental purchases for debt servicing

11. Amazing rental offset program. If clients are looking to rent out their current home and purchase a new owner occupied home. This helps with the debt servicing.

These are a few of the items that we do outside of your standard purchases and preapprovals, etc. If there’s anything I can do to help please don’t hesitate to reach out. Every situation is a little bit different and we have amazing policies to help guide the client through whatever they are looking for.

Thanks
Mike Flemming
902-329-6644
[email protected]


01/04/2023

Is buying a home on your list of goals for the year? Join Adam Scott and Mike Flemming-BMO to learn about the current real estate market in Halifax. They will discuss the home buying and mortgage process, as well as strategies so you can make the most of your next move.

🗓 January 12, 2023 at 7pm
📍Lacewood BMO

Reserve your free tickets here: https://www.eventbrite.ca/e/home-buyer-seminar-tickets-470442966577

01/12/2021

Switch to a BMO Mortgage to enjoy a great rate and up to $3,000 cash back to cover your switching costs and more!* Visit Bmo.com/NewYearMortgage for details.
Please reach out to me at [email protected]

01/12/2021

Switch to a BMO Mortgage to enjoy a great rate and up to $3,000 cash back to cover your switching costs and more!* Visit Bmo.com/NewYearMortgage for details.
Please reach out to me at [email protected]

11/27/2020

Whether you need to switch or refinance your mortgage, I’m only a phone call away and here to help anytime!
[email protected]
902-329-6644

11/04/2020

[ ] Many Canadians are planning to enter the housing market with the current all-time low interest rates. Here are a few things to consider which can make saving for a down payment easier for you.

09/28/2020

Did you know, as the official bank of the Canadian Defence, BMO offers BMO employee discounts on a wide range of mortgage options. To learn more, get in touch today! https://bit.ly/3iTvS6A

07/15/2020

It’s quick, safe and easy to apply for your mortgage from home. Reach out to me today to learn more.

07/09/2020

Planning to buy a home? Get up to $3,000 cash back* with a 5-Year Fixed Rate Closed Term Mortgage. Visit https://bit.ly/3f9bjkQ for details or let’s connect today – from a distance, but as close as ever.

08/30/2017

Wherever you’ll be… we can bring your mortgage meeting to you. See our latest Dr. Seuss inspired video clip here.

06/01/2017

How to Get Pre-Approved For a Mortgage (Even If You Have No Idea Where to Start) . Message me for details.

Even if you have no idea where to start, this is the step-by-step guide you need to get a bank to pre-approve you for your first mortgage (plus, a checklist!)