Cijal Raj, Mortgage Agent

06/03/2021

Thank you !! Here’s a special mortgage program designed for you. Purchases, switches or refinances. Call us at 647 916 4008 for details !!

Who is Eligible:
✅ Police Officers
✅ Paramedics
✅ Firefighters (employed and volunteer)
✅ Correctional Services
✅ Border Services
✅ Search & Rescue (employed and volunteer)
✅ Registered Physicians
✅ Registered Nurses

04/09/2021

https://www.cbc.ca/news/business/osfi-mortgage-stress-test-rules-1.5979558

Canada's top banking regulator is proposing to raise the mortgage stress test level to 5.25 per cent or two percentage points above the market rate, whichever is higher, making it harder to qualify for a home loan, shrinking the pool of qualified borrowers and ultimately bringing down house prices.

03/22/2021

Why use a mortgage agent (like me) vs. a bank?
Mortgage agents typically have access to a variety of lending products from various financial institutions => Personalized service, more flexibility and better options.

03/05/2021

Buying your biggest asset is not always easy. You need cash on closing above just your hard saved down payment, which are known as closing costs such as taxes, lawyers and appraisers - just to name a few. Mandatory closing costs can range between 1 and 4 per cent of the purchase price.
Call me today on 647-916-4008 and I will explain you in detail.

02/28/2021

Rates can be higher with a 20% minimum down-payment, but don’t forget the tax write off benefits!
Call: 647-916-4008 to discuss your situation.

02/21/2021

Ask yourself these four questions to determine if you are ready to own a home: 1) Are you financially stable? 2) Do you have the financial management skills and discipline to handle this scale of purchase? 3) Are you aware of all costs and responsibilities as a home owner? 4) Are you ready to devote your time to regular home maintenance?
Contact 647-916-4008 for your mortgage needs.

02/15/2021

02/04/2021

Cancelling healthy, active cards or accounts hurts more as the payment history is lost. The average Canadian has 10 credit sources. As long as they are paid on time and the balance remains below 75% of the available limit, it is contributing positively to your score.

01/17/2021

Great question! It's important to know that you can only tap into 80% of the value of your home. Also, your lender choice may be limited as you will not qualify for default insurance. Finally, you would have to re-qualify under the current rates and rules.
Call 647-916-4008 for your refinancing needs.

01/09/2021

Did you know? Getting your mortgage pre-approved will allow you to hold an interest rate for up to 120 days! This means you can get the lowest rates available, even if they rise before you make your purchase. Call or text 647-916-4008 for your mortgage needs.

01/02/2021

Did you know? Making a double mortgage payment once per year can shave over four years off the mortgage? Ensure you get the best pre-payment privileges. It’s your mortgage so you deserve to double your payment without penalty!
Call 647-916-4008 for your mortgage needs.