Frank Rendon

Frank Rendon Mortgage Agent

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A fixed rate locks you in for a term, allowing you to know your monthly mortgage payment and have it stay the same. Whil...
06/10/2021

A fixed rate locks you in for a term, allowing you to know your monthly mortgage payment and have it stay the same. While variable rates are often lower than a fixed rate, they can fluctuate with the BoC posted rate. This allows you to benefit from interest rate drops, but you pay more when the interest rate rises.

MTB & Hiking weekend 😎
06/06/2021

MTB & Hiking weekend 😎

Let me show you how!
06/02/2021

Let me show you how!

Qualifying rates for high ratio and conventional mortgages are going up today Jun 1st, 2021. We now have to qualify base...
06/01/2021

Qualifying rates for high ratio and conventional mortgages are going up today Jun 1st, 2021. We now have to qualify based on 5.25% (instead of the previous 4.79%).

Sometimes starting over is the path to success!
05/31/2021

Sometimes starting over is the path to success!

The qualifying rate is the Bank of Canada conventional 5 year fixed posted rate. A contract rate is the rate offered by ...
05/26/2021

The qualifying rate is the Bank of Canada conventional 5 year fixed posted rate. A contract rate is the rate offered by the lender on the homebuyer’s actual mortgage payment.

You are an incredible soul, wrapped in a body made of stardust, rocketing through space... you've got this!
05/25/2021

You are an incredible soul, wrapped in a body made of stardust, rocketing through space... you've got this!

MTB Day!
05/22/2021

MTB Day!

Failure is only an end if you decide it is. Keep going!
05/20/2021

Failure is only an end if you decide it is. Keep going!

We are not just mortgage experts, we are also advice givers, pre-qualifiers and paperwork enthusiasts! Don't worry, your...
05/19/2021

We are not just mortgage experts, we are also advice givers, pre-qualifiers and paperwork enthusiasts! Don't worry, your mortgage is in good hands with me!!!

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Pickering, ON

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