Codsi Mortgage Team

Codsi Mortgage Team Agent Level 2
& Broker

Premiere Mortgage Centre Inc. #10317 | Independently Owned & Operated | We make mortgages easy.

Stefanie and Marisa Codsi have their office in Toronto and serve the GTA and out of province inquiries. Whether you're looking to purchase your very first home or upgrade to a new home, renew your existing mortgage, refinance your mortgage to free up some equity or purchase investment properties, Stefanie and Marisa have the experience and know how to make your dreams of home ownership a reality.

You can trust that we will be there for you every step of the way. We provide you with unbiased expert mortgage advise, we make it our goal to research the best financial solution to your needs, whether that solution comes from your personal bank or from one across the country.

06/05/2026

Here’s the simplest way to think about refinancing and prepayments:

➡️Refinancing often increases your mortgage balance.

➡️Prepayments decrease your mortgage balance.

Why does that matter?

Because interest accrues on the balance you still owe.

A larger balance creates more opportunity for interest to accumulate over time.

A smaller balance creates less opportunity for interest to accumulate over time.

Does that mean refinancing is always a bad idea? Absolutely not.

Sometimes refinancing can improve cash flow, consolidate higher-interest debt, fund renovations, or help achieve other financial goals.

The key is understanding the trade-off.

Every mortgage decision should be evaluated not only by the monthly payment, but by its long-term impact on your finances.

06/04/2026

Over the past 15 years, the house-price-to-income ratio in Canada has surged, with house price growth outpacing income growth by over 130% 🫠

Because of this, gifts have become bigger and more popular for downpayment.

💰Average Gift Amounts
Ontario Average: ~$128,000
National Average: ~$115,000
Greater Toronto Area (GTA): ~$130,000

Is this news to you?
Will you be giving a gift to your kids when they’re ready to buy?

Next video we’ll talk about what’s required when getting a gift for your downpayment.

If you want help thinking through your options strategically, click the link in our bio to schedule a call! 📲

05/30/2026

Financial Friday TLDR

Do you have life insurance?
⬇️
YES
➡️Is it enough to pay off your mortgage and support your family?
➡️If yes, you may not need mortgage insurance.

NO
⬇️
Are you planning to get life insurance?

YES
➡️Explore your options and make sure the coverage fits your needs.

NO
⬇️
At a minimum, consider mortgage insurance.

Because while it may not be the perfect solution, some protection is usually better than no protection at all.

The goal isn’t to buy a specific product.

The goal is making sure the people you care about aren’t left with a financial burden if something happens to you.

Looking forward to hopefully moving up this leaderboard the second half of this year 🤞
05/26/2026

Looking forward to hopefully moving up this leaderboard the second half of this year 🤞

05/25/2026

🏡Stop Asking If It’s A Good Time To Buy

The better question is:
“Is this a property I’d feel good owning even if the market changes?”

Ask yourself:
✅Can you comfortably carry the home?
✅Is the property flexible long term?
✅And would it still make sense if rates or prices shift?

If you want help thinking through your options strategically, click the link in our bio to schedule a call! 📲

05/22/2026

Most people think payment frequency is just about convenience.

But there’s actually a simple financial reason it can matter.

Mortgage interest builds on the balance you still owe.
So when you make payments more frequently, that balance starts shrinking sooner — which means less time for interest to accumulate.

But over time, small structural changes like this can create meaningful long-term impact.

Financial planning is often less about dramatic moves and more about understanding how money actually works.
I
Welcome to Financial Fridays.
Follow along for more simple mortgage and financial insights.

Awards Lunch with 🫶🏼 A number of awards went to and the team 🥳🙌🏼 Love celebrating with amazing people! Thank you!
05/14/2026

Awards Lunch with 🫶🏼

A number of awards went to and the team 🥳🙌🏼

Love celebrating with amazing people!
Thank you!

05/13/2026

🏡Most people treat mortgage renewals like paperwork.

But if you’re planning to sell your home in the near future, the wrong renewal strategy can become very expensive.

A lower rate doesn’t always mean lower cost.
Especially when large fixed-rate penalties enter the picture.💸

This is why renewal decisions should be based on:
• Your timeline
• Your future plans
• Your flexibility needs
• And your overall financial strategy

Before automatically signing your bank’s offer, make sure the mortgage actually fits where your life is heading next.

If you want help reviewing your renewal options strategically, click the link in our bio to schedule a call! 📱

How to prepare amid the mortgage renewal wave 🏡According to a July 2025 Bank of Canada staff analysis, most of those bor...
05/12/2026

How to prepare amid the mortgage renewal wave 🏡

According to a July 2025 Bank of Canada staff analysis, most of those borrowers will see payments rise. Five-year fixed renewers are facing average payment hikes of 15 to 20 per cent versus what they paid in December 2024.

1. Start shopping at least 120 days before renewal:
Most lenders will offer you a rate hold up to four months before your renewal date. That gives you a guaranteed rate, plus the freedom to keep shopping if rates fall.

2. Get honest about your full financial picture:
If your new payment is going to swallow more of your take-home pay than you can sustainably afford, a longer amortization or a different term structure might serve you better than chasing the lowest headline rate.

3. Use renewal as a chance to clean up other debt:
enewal is one of the few moments where you can refinance, consolidate, or restructure without penalty. If you’re carrying high-interest credit card balances or a line of credit, rolling those into a refinanced mortgage can save you thousands a year.

The catch: you’re trading short-term debt for long-term debt. That only works if you actually change the spending behaviour that created the credit card balance in the first place. Otherwise you’ll be back in the same position in two years, just with a bigger mortgage.

If you’re looking to review your mortgage Click the link in our bio to schedule a call with our team!

Follow us for more! 🤩
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05/11/2026

Unemployment and our weak economy will likely keep the policy rate unchanged for an extended period. However, it is clear that the longer oil prices remain elevated, the more likely the BoC may need to hike rates.

Next BOC rate announcement is on June 10th.

If you’re looking to review your mortgage Click the link in our bio to schedule a call with our team!

Follow us for more! 🤩
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Address

Church Street
Toronto, ON
M9N1N2

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

Telephone

+19058446528

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