Syed Khizar Abbas - Akal Mortgages Inc.

Syed Khizar Abbas - Akal Mortgages Inc. My main objective is to deliver value to my clients, and make sure you get the right Mortgage. I can find the perfect mortgage for you.

I have the expertise to get the Right Mortgage for your immediate and future needs.

If your home will be owner-occupied, you need 5% down for the first $500,000 of the purchase price, and 10% for any amou...
01/04/2023

If your home will be owner-occupied, you need 5% down for the first $500,000 of the purchase price, and 10% for any amount over $500,000 up to $999,999. If the purchase price is $1,000,000 or more, the minimum down payment is 20%.

According to CMHC’s Mortgage Consumer Survey, most homebuyers are accessing their savings or equity from a previous home for their down payment. Followed by RRSP savings and gifts from family members.

If you have any questions about the down payment options available to you and how to use them, send me a message!

This year has been one for the books regarding your mortgage. You might have questions about whether your current mortga...
12/28/2022

This year has been one for the books regarding your mortgage. You might have questions about whether your current mortgage is right for you. Maybe your situation has changed, or your mortgage is coming up for renewal in 2023.

Reach out today and schedule your free Mortgage Check-up.

Household debt levels have reached record highs in Canada. If you are a homeowner and carrying high-interest debt, it ma...
12/21/2022

Household debt levels have reached record highs in Canada. If you are a homeowner and carrying high-interest debt, it may make sense to refinance your mortgage and potentially free up more cash each month.

Reach out to discuss your options.

If you are thinking about buying a home, the good news is that buyers now need less income to qualify for the average ho...
12/05/2022

If you are thinking about buying a home, the good news is that buyers now need less income to qualify for the average home. The Bank of Canada has suggested that rate hikes are nearing the end, combined with the softening of home prices, has improved affordability across the country.

Reach out to learn about your purchasing power.

Address

202/120 Traders Boulevard E.
Mississauga, ON
L4Z2H7

Telephone

+14372408977

Website

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