Adam Stapley Toronto Mortgage Solutions

12/13/2023

🚨 SHORT TIME OPPORTUNITY 🚨

If you bought a home in the last 6 months - there is a limited time opportunity to save THOUSANDS OF DOLLARS on your mortgage.

Once banks figure this out, they'll adjust rates and the opportunity will be gone. Rates have gone down since you bought. You can break your penalty for less RIGHT NOW - (but that will change FAST)

I will do a video on this later. If you bought your home or investment property in the last 6 months DM me SAVE to learn more!

11/17/2023

𝗛𝗼𝘄 𝘁𝗼 𝗚𝗼 𝗙𝗿𝗼𝗺 𝗥𝗲𝗻𝘁𝗲𝗿 𝘁𝗼 𝗛𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿 𝗶𝗻 𝟯𝟬 𝗗𝗮𝘆𝘀

Are you struggling to buy a home amid high home prices and the highest interest rates in over a decade?

If you've already tried to buy a home, spoken to several mortgage and real estate brokers but just haven't been able to get in, this video might be for you.

On this live training, we sat down with some aspiring homeowners to show them a strategy that is helping thousands of Canadians break into homeownership and I'm know it can work for you too.

10/18/2023

Do high interest rates have you stressed about your mortgage renewal?

Would you like to know how to lower your payments and manage your budget without having to cut back on dining out, spending time with family and tightening your finances even further?

Watch this video and you'll learn 3 ways to lower your mortgage payments

09/05/2023

🏦 Tomorrow the Bank of Canada releases it's 6th interest rate decision of 2023

So will rates go up? Stay the same? Drop? (Okay just kidding on the last one... 😅)

Jan: +0.25%
Mar: No change
Apr: No change
Jun: +0.25%
Jul: +0.25%
Sep: ?
Oct: ?
Dec:?

Many economists are split on what the Central Bank will do tomorrow

In the US, Federal Reserve Chair Jerome Powell recently cautioned investors that he was still considering further policy tightening and remains resolute that the Fed will do everything necessary to bring inflation down

Here in Canada, we're seeing a softening job market, a slowing economy, lower retail sales, a weakening manufacturing sector...

Basically, every economic indicator is telling us that the BoC needs to hit the pause button. But will they?

My guess: No change tomorrow. Enough is enough, it's time to hold off on further rate hikes

I've been wrong for the past two announcements however, so take this advice with a grain of salt

07/27/2023

👨‍👩‍👧‍👦 Looking to invest in student rentals?

I recently came across a private mortgage where I counted no less than 25 beds in a 1,300 square foot home 🙈

So I started wondering.... how many people can live in one home?

There are some general guidelines to follow ⬇️

1️⃣ Bedrooms must be at least 75 sqft

2️⃣ There must be at least 1️⃣ bedroom for every 2️⃣ people

3️⃣ There must be at least 100 sqft of living space in the house for each person

Too many people living in a home can be a serious safety hazard. You could face fines, penalties or worse - someone could actually be harmed. Check your local bylaws to learn the rules governing occupancy

07/26/2023

Are you frustrated with high home prices and the difficulty of buying a home in the GTA?

It's tough out there, and you may feel like you're constantly priced out of the market.

You might be tired of seeing homes that are out of your price range, feeling like you're competing against other buyers for the same limited homes, or struggling to navigate the complex real estate market

But there's still hope.

There are many affordable home-buying options under $650,00. At this live event, we're going to show you three properties on the market today that you can buy for less than $650k.

We'll break down the monthly cost of each property and the driving distance each property is from different parts of the city.
In just 15 minutes we'll show you homes you can afford today so you don't miss out on buying your first home.

Friday, August 4th
12:00 to 12:15pm
Sign up now: https://www.eventbrite.com/e/how-to-buy-a-home-under-650000-in-the-gta-tickets-678046253597?aff=AdamFacebook

Frustrated with Toronto home prices. Let us show you affordable home buying options available on the market under $650k

07/24/2023

📈 With rates skyrocketing you may not want to renew your mortgage at the new rate and terms offered

Here are 3️⃣ alternative solutions for real estate investors at renewal

1️⃣ Extend the amortization and lower the payment

2️⃣ Take out equity for renovations, debt consolidation or investments

3️⃣ Use excess cash to pay down the mortgage and reduce your payments - you could always refinance in the future to take the equity back out once rates decrease

Do you have a mortgage coming up for renewal in the next 12 months? Shoot me a DM and let's start exploring your options

07/20/2023

🔀 Assuming a mortgage happens when you buy a property and take on the existing mortgage

This may be done to benefit the buyer and achieving an interest rate much lower than market rates

Sellers may be able to charge a higher premium for their properties due to favourable financing terms for the buyer

Sellers have to be careful and ensure that they are released from liability by their lender - otherwise, if the new buyer defaults on the mortgage, the seller could still be liable

07/19/2023

If you're fed up of seeing $1M+ homes in the GTA and thinking you'll never be able to buy a home....

Join us live on Friday August 4th and we'll show you homes you can buy under $650,000 - these will be live homes on the market

We'll also give you a breakdown of the down payment you'll require, the monthly cost of ownership and how much income you'll need to qualify

Get signed up for this quick webinar using the link below

When: Friday, August 4th
Time: 12:00pm to 12:15pm
Sign up: https://www.eventbrite.com/e/how-to-buy-a-home-under-650000-in-the-gta-tickets-678046253597?aff=AdamFacebook

07/17/2023

"📚 Private Lending 101: What is LTV and why is it important?

If you're interested in earning passive income through private mortgages, here is how LTV impacts your investment

1️⃣ LTV is how we measure risk based on the size of the loan. LTV = the size of the mortgage as a percentage of the property's value

2️⃣ The higher the LTV the higher the risk - less of an equity cushion which increases your risk of loss if the borrower defaults

3️⃣ As other risk factors increase (ie. poor property location or condition, lower credit scores, riskier borrowers..) lower your LTV to reduce your risk exposure in the case of default

Follow me for more content on private lending and all things related to financing real estate investments

"

07/13/2023

❤️ Client love!

My client Prakash bought his first home last year. Him and his wife had many questions and we reviewed several potential solutions before landing on the right one

They were surprised that as a mortgage brokers I also work with big banks like TD Canada Trust and Scotiabank

In the end, we chose one of Canada's largest mortgage lenders for their mortgage and secured a free home warranty in the process

If you're looking to buy a home, shoot me a DM and let's chat

07/12/2023

🚨 The Bank of Canada has just increased interest rates for the third time this year

They've increased the overnight lending rate by 0.25%

This impacts variable rate mortgage holders as well as those with lines of credit with variable rate payments

The Bank of Canada is trying to tighten credit and reign in the economy to bring inflation down to their 2% desired target. This seems unlikely to happen this year

Do you think we'll have another rate increase this year? 👇