Tim Fong - Your Mortgage Broker

Tim Fong - Your Mortgage Broker If you are looking to achieve your dream of home ownership or looking to achieve debt and financial freedom, please feel free to give me a call.

Tim started in the mortgage industry with PC Financial (A division of CIBC) back in 2006 as a Mortgage Specialist. During his first few months there, he achieved high levels of success and was promoted to a Senior Specialist role within 7 months which was a record for the fastest promotion for someone new into the industry. He was there for a few short years and in 2009 entered the mortgage broker

world. He worked with MonsterMortgage.ca, a recognized brokerage in the GTA. He was part of the Monster team for 4 solid years and gained extensive knowledge and valuable experience along the way. In 2013, he was expecting his 2nd child and since the commute to Monster was over an hour each way, he decided to explore other brokerages that were closer to home. He then landed an opportunity with Northwood Mortgage Ltd., one of the largest brokerage firms in the GTA. Fast forward to September 2020, it was time again to re-evaulate. He was presented an opportunity with TMG The Mortgage Group, a national brokerage to further advance his career. He was welcomed with open arms and never looked back. He also feels now he really has an opportunity to work for the client as oppose to working for the bank. Tim has built a strong expertise in the mortgage industry over the past 15 years, and has received multiple awards for his customer service and volume. Tim is committed to building strong and long lasting relationships with his clients, providing a proven track of world class services while focusing on creating the best mortgage strategy and solution for his clients. He has helped hundreds of people achieve their dreams of home ownership, debt freedom as well as strategies to help free up cash flow. Along the way, he has helped people repair their personal credit and provided tools to financial stability and success. As a Mortgage Broker with The Mortgage Group, Tim can offer you specific mortgage products that are best suited for your individual needs, as well as access to over 50 lenders. He is eager to showing you why TMG is an award winning team and that his ultimate goal is to ensure your needs are met, and not what your bank wants you to do. When he is not working harder for you, he enjoys snowboarding, playing hockey, BBQ-ing, cottaging, and camping, but more importantly he enjoys spending time with his wife, his 2 daughters and his pug. To see how Tim can help provide the best possible mortgage solution, you can reach him at 416-300-1806 or via e-mail to [email protected]. To follow his page on FaceBook - www.facebook.com/timyourmortgageexpert

www.CallTimFong.com

TMG The Mortgage Group
Broker Lic. 10315

Happy Lunar New Year! Wishing you a year full of happiness, prosperity, and most importantly good health! 🧧🐰❤️ ...
01/22/2023

Happy Lunar New Year! Wishing you a year full of happiness, prosperity, and most importantly good health! 🧧🐰❤️













#🐰


Image credit: The amazing, the super talented, the better half of ❤️🙏😘

As you can see, many factors determine property value! The property's value is an essential aspect in regards to the ap...
01/18/2023

As you can see, many factors determine property value! The property's value is an essential aspect in regards to the approval of your mortgage. This is because lenders want to make sure that you're not overborrowing for a property.

Do you have any questions or concerns? If so just

🌐 https://www.calltimfong.com
📲 416-300-1806
📧 [email protected]






01/17/2023

Client calling in wondering why inflation and interest rates sky rocketed in the past year! Well one of the main factors was because the money printing machine was turned on! It wasn’t just turned on, it was on full blast! 💵💰💵

What other reasons do you think caused inflation to be where it’s at? Love to hear your comments below! 👇👇

Btw, 1 trillion dollars = $1,000,000,000,000 😬

Invest

01/13/2023

This is an actual live call from a potential client calling in sharing with me about how they are living pay cheque to pay cheque, suffering from large amounts of debt and wondering if at some point they might need to sell their home.

I’d like to first off acknowledge this individual for being extremely courageous and opening up to me on the very first time we connected.

Reason why the vast majority of Canadians are living this way is because #1, they are just not financially educated. Secondly they don’t have the support system around them because perhaps their family, parents and friends are also going through the same thing.

So how are they suppose to learn from others when their situation is similar? We’ll they need to first break out of that circle and talk to someone that actually knows how to deal with the situation they are currently in. Ideally a professional or someone that has a proven track record of helping others achieve financial success and freedom!

It’s not shameful to open up about one’s challenges but it is shameful to not talk about it.



Your credit score and payment history will determine how much of a mortgage you can qualify for as well as the interest ...
01/11/2023

Your credit score and payment history will determine how much of a mortgage you can qualify for as well as the interest rate you will have on that mortgage. Do you
have any questions about credit or what you may qualify for?

If so, just

🌐 https://www.calltimfong.com/
📲 416-300-1806
📩 [email protected]






01/04/2023

What someone can qualify for and what they can actually afford are two different things!

Comment below 👇 if you agree or disagree!

#416 #905

One of my most loyal clients, Amanda and Dwayne! We initially met in 2012 and helped finance their very first home!In 2...
12/30/2022

One of my most loyal clients, Amanda and Dwayne! We initially met in 2012 and helped finance their very first home!

In 2017 upon renewal we refinanced to help prepare for their first born because as we all know, kids are super expensive.

Renewal came around this year and we refinanced again as they wanted to update their home and increase their living space!

Thank you so much Amanda and Dwayne for your continued support, loyalty and choosing me as your mortgage guy! 🙏❤️

For anyone that wants to learn how to unlock their equity to update and increase the value of their home, just

12/29/2022

A parent calling in on behalf of their son inquiring about the steps of the home buying process. It is a bit mind boggling to learn that many connect with a real estate agent first and start the house hunting process BEFORE they actually connect with a mortgage professional or at the very least understand what they qualify for.

First step before connecting with a realtor is to get pre-approved and find out exactly what you qualify for. More importantly figure out what the total carrying costs are each month such as the principle and interest amount, property taxes, maintenance fee if applicable, estimated utilities, insurance etc etc.

Once you have these estimates, the next most important question would be is this something you can handle and sustain in the long term? What we or the bank can qualify you for and what you can actually afford are 2 separate things.

To learn more about what you can afford, just

Do you recall the value of $1,000,000 in the '90s? Today, a million dollars is very different.Here's a look at what $1,0...
12/29/2022

Do you recall the value of $1,000,000 in the '90s? Today, a million dollars is very different.

Here's a look at what $1,000,000 looked like as early as 1992 vs. today. As you can see, it has a very different purchasing power.

Inflation has affected our buying power DRASTICALLY!

Do you have any questions about how inflation impacts your mortgage? Connect with me today to find out more.

Source: Bank of Canada inflation calculator

🌐 https://www.calltimfong.com/
📲 416-300-1806
📩 [email protected]






You know when people ask for a recommendation through a FB forum? Well, several years ago this amazing couple posted on...
12/23/2022

You know when people ask for a recommendation through a FB forum? Well, several years ago this amazing couple posted on the FB forum and asked if there was a broker in town as they didn’t have a positive experience at their big bank.

I was lucky enough to have a few people reply with my name and sure enough they reached out and now several years later, we just closed our third deal together.

Thank you so much Chris and Sharon for your continued support, loyalty and choosing me as your mortgage guy once again. 🙏❤️😊

12/22/2022

A potential client calling in who is an independent contractor and the bank is declining their mortgage application. The good news is that in the broker world, we have options and solutions for entrepreneurs/self-employed/independent contractors.

If you’ve been declined and if you think your bank has gotten it all wrong? 👇



Homeowners often tend to put the rates at the forefront of their minds. It's easy to focus on the rates in your current ...
12/22/2022

Homeowners often tend to put the rates at the forefront of their minds. It's easy to focus on the rates in your current situation, but the reality is that life happens and when it does your rate won't be the only thing to matter.

Firstly, it's important to remember that a mortgage is a contract.
Meaning there will be a penalty involved if that contact is broken. This is something all homeowners agree to when signing their mortgage paperwork and can often be forgotten about.

Connect with me for more information!

🌐 https://www.calltimfong.com/
📲 416-300-1806
📩 [email protected]






Address

165 East Beaver Creek
Richmond Hill, ON

Telephone

+14163001806

Website

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