Shawn Cameron, Mortgage Agent

12/04/2020

Before we head into the holiday season, join us and our special guest paralegal Josh Mcdougall to discuss What landlords need to know going in to 2021. Josh will answer your tenant related questions as well as cover the following topics

Update from the Landlord Tenant Board
Landlords impacts from Bill 184

Register here:
https://us02web.zoom.us/meeting/register/tZArc-ipqzkjHdXOZCfAtuosr31BW6AOTNd8

07/09/2020

Very informative for investors looking in the Welland area. Thanks

When you're ready to open your doors, our highly skilled labour force will be ready too.

05/26/2020

In Canada, if you have a variable-rate mortgage with one of the big banks, you would typically have to pay 3 months of interest in order to break your mortgage. If you have a fixed rate mortgage, you’ll have to pay the greater of either 3 months of interest or something called the interest rate differential (IRD)—which is based on current mortgage rates and your remaining mortgage balance.

For the most accurate calculation of your mortgage penalty, contacting your lender would do the trick. However for a quick idea on what it would be I use the following tool:

https://www.ratehub.ca/penalty-calculator

05/25/2020

Mood to start the week.

05/22/2020

There is never a dull moment in the Cameron household. My eldest son in the height of his frustration decided to get creative and illustrate his rebellion to my authority. 😂😂

05/20/2020

Ventured out to my mailbox today to find a card from one of the places and family I miss the most. Thanks all. the Weekend at 530am ain't the same without you bro.😎

05/19/2020

Tip Tuesday.

Home equity is the difference between the value of your home and the unpaid balance of your current mortgage.

For example, if your home is worth $500,000 and you owe $300,000 dollars on your mortgage, you'd have $200,000 in home equity.

Call or DM me to find how you can access your home equity.

05/13/2020

A down payment is a lump sum of cash that you need at the start of your mortgage. A cash down payment is mandatory for all property purchases in Canada, with the minimum ranging from 5% to 20% of the asking price.

A higher down payment is generally better, if you can afford it. This is because your down payment reduces the amount you need to borrow, which reduces the amount of interest you’ll be paying over the long term.

Shawn Cameron
Mortgage Agent

05/07/2020

It never hurts to know your options. Give me a shout or PM me.

When was the last time you reviewed your mortgage? Our Centum agents are happy to review your current situation and answer any questions you might have.

05/03/2020

Who would of thought a friendly game of touch football after dinner could be so competitive and turn into so much drama!

Hope you enjoyed your day today.