Alanna Zabel - Keller Mortgage Canada

05/25/2022

Here is a recap of the different programs and incentives available for first time home buyers!

Making the most of eligible grants, incentives and rebates can help you realize the dream of buying your first home.

03/10/2022

The Spring market is around the corner! A rate hold allows you to secure your interest rate for 120 days while you house shop. This allows you to put in your strongest offer when you see the house you love because you will have your budget in place.

Plus, in the event rates rise 📈 you will be able to take advantage of the low rates available today. In the event rates drop 📉, you will still be able to secure the lowest rate available for you when you are ready to buy 🏠.

03/03/2022

If you have owned your home for a number of years you have seen a large increase 📈 in value. You may be surprised to find out you can use the equity in your home 🏡 to make money 💰. Reach out to learn more!

02/24/2022

Did you buy a home in 2021? If so, you may be eligible for the Home Buyers’ Tax Credit. Click below to learn more : https://www.canada.ca/en/revenue-agency/services/tax/individuals/segments/homeowners.html

02/17/2022

1. Keep a good credit score! The higher the better, this is a snapshot of your financial health and lenders use this to gauge your ability to repay debts.

2. Save a down payment! The bigger the down payment the better – the minimum down payment when less than $500,000 is 5%, between $500,000 and $999,999 you will need 5% for the first $500K and 10% for the portion above $500K, and for $1 million+ you need 20% of the purchase price.

3. Keep your income stable. Lenders like to see proof that you can make your payments and a full-time job is the best way to show it.

4. Pay down existing debt. Your balances don’t need to be at $0 but how much debt you carry will affect how much you can borrow.

5. Get a mortgage pre-approval!

02/09/2022

A: When you are ready! The #1 thing you can do if you are thinking about buying is get advice early. Talking with a mortgage professional helps you understand:

👉 What you can afford
👉 The down payment you need
👉 Costs involved with buying a home
👉 Improving your credit
👉 Prepayment options
👉 Refinancing penalties (if you decide to do so down the road)
👉 Budgeting and more!

Reach out today and let's start the conversation.

02/02/2022

To best meet your needs, I offer a wide array of products to choose from – banks, private sources, independent lenders, etc.

Whether you are looking to explore your options or get a second opinion, the lending options available through the broker channel could save you thousands! Reach out today to learn more.

01/28/2022

If you are feeling overwhelmed by debt it might make sense for you to refinance your mortgage. Accessing equity in your home to pay off high interest debt is a smart financial move. Not only does it reduce interest payments, it can potentially free up more cash each month.

01/19/2022

Your credit score determines what loans you qualify for and the interest rate you will pay. Here are 4 tips to help you increase your credit score.

1. Pay all your bills on time.
2. Avoid maxing out your credit. Balances above 50% of your credit limit will harm your credit. Aim for balances under 30%.
3. Have a variety of credit accounts. Having a mix of credit products (credit card, retails store card, line of credit, car loan etc.) will produce more points on your file than having only one type of credit.
4. Use your credit! The biggest tip to a good score is to use credit and repay that credit on time all the time.

01/13/2022

Refinancing your mortgage or obtaining a HELOC (home equity line of credit) is a great way to fund a home renovation. 🏠🛠

👉 You get access to the cash 💰 you need at a lower borrowing cost. Reach out today to see the options available to you.

01/13/2022

The Federal Government is considering an increase in down payment for investment properties to make it easier for first time buyers to get into the market....

Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties

01/13/2022

Activa Homes is building 138 stacked townhouses and street-fronting townhouses in a patch of land along Isherwood Avenue