Mohan Poddar - Mortgage Consultant

04/26/2022

Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%.

04/13/2022

01/19/2022

12/15/2021

Looking for a Mortgage? I’m here to help.

11/16/2021

How much do you need for a down payment ?

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, reach out to your Mortgage Alliance Professional.
Contact me to get started, I'm here to help!
https://mpoddar.com/

07/18/2021

More Canadians are taking advantage of the equity in their homes to renovate. When it comes to accessing funds for renovation, you have options! Reach out to your Mortgage Alliance Professional today.
Contact me to get started, I'm here to help!
https://mpoddar.com/

07/14/2021

06/15/2021

Is your mortgage coming up for renewal soon? This is your chance to renegotiate and possibly save on your mortgage. A Mortgage Alliance professional can ensure you’re getting the best rate and terms for your situation. Contact me to get started, I'm here to help!
https://mpoddar.com/

06/11/2021

Need access to funds? We can help you unlock the equity in your home. Whether you're looking to consolidate debt, increase your cash flow, fund home renovations, or finance an investment, refinancing may be the solution. Ask us for details,
Contact me to get started, I'm here to help!
https://mpoddar.com/

06/10/2021

Do you know the difference between using a broker vs the bank?
A mortgage broker works for you. They have access to multiple lenders to find the product and rate that meets your needs. A mortgage specialist at the bank works for the bank. They have access to 1 lender and want to sell their product, not necessarily what is best for you.
If you are getting ready to buy, renew or refinance your mortgage, talk to me, it might save you thousands in unnecessary interest.

Contact me to get started, I'm here to help!
https://mpoddar.com/

04/08/2021

Here's what you can afford!

04/01/2021

Secure the Exclusive Rates Today !