Christos - Your Mortgage Planner

07/22/2025

As many know, my Instagram (I caught FB fast enough) was hacked last week and it has been a nightmare. Please look at joining me back there.

https://www.instagram.com/christos_mortgages_marstel?igsh=MWswdmJlbGdpeGkyOA==

Thank you!!

25 Followers, 38 Following, 3 Posts - See Instagram photos and videos from Christos Gitersos ()

07/15/2025

07/09/2025

Bridge loans quickly explained! Mind the hair, looks like crap on the video! New look!

07/09/2025

Why we do it! Cathie didn't think she could get a mortgage until a reverse mortgage was presented to her. Well, she's just about to move in!

I'm so happy for her and her family!

Www.gitersos.com
Christos Gitersos

07/06/2025

This one was a bit of a challenge up. 4.4km of vertical accent, no real relief. But the views were amazing! Elk Mountain Summit

We walked a bit of the way to Thurston but time got in our way

07/05/2025

These events put me in my element. Since I was 16, going to underground parties, to putting them on with my bro, getting speakers confiscated by the Vancouver police as they shut down an after party I tried, to playing tech 12's in my bedroom, and as the journey continues to playing in my garage today, the love of the music and grooving, will never stop!

To this day, and on this evening, I continue to have people come up and appreciate my dancing. Some even question, why at my age. F them is what I say!

07/03/2025

Fixed rates are remaining stable. I don't see why anyone is thinking on waiting for them to go lower. It may happen, but if it does, I don't see it being much lower than current. But hey, what do I know?!

Christos Gitersos
Www.gitersos.com

07/02/2025

I've never heard of any bank ever contacting a client as there's savings to be had. I do, as I've always said it's lowest cost of home ownership and if someone isn't there to watch your mortgage, your biggest financial liability, then you may be losing out... Big time!

Rates are not the most important thing in a mortgage. You need someone on your side. 20+ year, all I do is live and breathe mortgages!

07/01/2025

I wanted to see if I can do some running and do a farther than normal length. I think the running tired the knees out. I did do 9km in one go, which I haven't done in years. Back when I ran a lot and a half marathon! I'll stick to the walking!

06/30/2025

🏦 OSFI’s Proposed 4.5× LTI Cap: What You Need to Know 🏡

In March 2024, OSFI introduced a loan-to-income (LTI) limit for uninsured mortgage portfolios—capping new originations at 4.5× a borrower’s gross annual income on a portfolio basis. Federally regulated lenders are slated to start adhering to this limit in Q1 of their 2025 fiscal year.



Throughout 2025, the cap will run in “test mode,” with OSFI evaluating results through January 2026 before deciding on a full phase-in date



While no exact implementation timeline has been announced, it’s wise to plan as though the 4.5× cap will be fully live by mid-2026.



Implications for borrowers:

• Reduced borrowing capacity for high-ratio mortgages

• Potential rate premiums for any loans the lender makes above 4.5× LTI

• Greater importance of down-payment planning and pre-approval strategies



Working with an experienced broker can help you model scenarios, explore lender-specific exceptions, and secure the financing that best fits your goals.