Banyan Mortgage Group

Banyan Mortgage Group Financial Service

In Canada, a good credit score varies by the lender:660 to 724 is good ๐Ÿ“‰725 to 759 is very good ๐Ÿ“ˆ760 to 900 is excellent...
02/02/2024

In Canada, a good credit score varies by the lender:

660 to 724 is good ๐Ÿ“‰
725 to 759 is very good ๐Ÿ“ˆ
760 to 900 is excellent ๐Ÿฆ„
Mortgage Brokers often call a score of 900 "unicorns," reflecting the dedication and hard work needed to achieve such credit excellence. ๐ŸŒŸ

Are you ready to start a mortgage application? Message me to get started! ๐Ÿ’ฌ

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๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com

Renewing your mortgage? Here's why a broker beats the bank! ๐Ÿก Access options, save time, and get the best terms. โœ… Messa...
02/01/2024

Renewing your mortgage? Here's why a broker beats the bank! ๐Ÿก

Access options, save time, and get the best terms. โœ…

Message me now to get started! ๐Ÿ“ง

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๐Ÿ“ž 647-880-6777
๐Ÿ“ฉ [email protected]
๐ŸŒ banyanmortgage.com

Mispronouncing 'Principal' is common in the mortgage world. ๐Ÿ˜… Each payment covers both interest (to the bank) and princi...
01/31/2024

Mispronouncing 'Principal' is common in the mortgage world. ๐Ÿ˜…

Each payment covers both interest (to the bank) and principal (building home equity). ๐Ÿ 

Reach out anytime for mortgage questionsโ€”I'm here to help! ๐Ÿ’ฌ

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๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com

In 2024, approximately $251 billion in mortgages will be up for renewal. Canadians, resilient to past payment increases,...
01/30/2024

In 2024, approximately $251 billion in mortgages will be up for renewal.
Canadians, resilient to past payment increases, are cautioned to prepare for potential payment shocks.

Plan ahead by consulting with a mortgage professional early to manage your financing and budgets effectively.

Get started today - See contact details below! ๐Ÿ‘‡๐Ÿผ

source: t.ly/EzafT

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๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com

01/29/2024

Using your credit wisely boosts your score. ๐Ÿ“Š

Lenders like to see responsible usageโ€”add a balance, make payments, and see your beacon score rise. Spend consciously and pay off promptly. ๐Ÿ’ณ ๐Ÿซฐ

Let's go through your mortgage application together and discuss your credit and affordability. ๐Ÿก

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๐Ÿ“ž 647-880-6777
๐Ÿ“ฉ [email protected]
๐ŸŒ banyanmortgage.com

Don't shy away from renovations! ๐Ÿ”จ Use the Purchase + Improvement Program to enhance value, boost energy efficiency, and...
01/26/2024

Don't shy away from renovations! ๐Ÿ”จ

Use the Purchase + Improvement Program to enhance value, boost energy efficiency, and make your home uniquely yours. โœจ

Let's discuss transforming your dream home today! ๐Ÿก

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๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com

"When is a good time to buy?" ๐Ÿค” Barbara Corcoran consistently responds with the same answer whenever questioned about th...
01/25/2024

"When is a good time to buy?" ๐Ÿค”

Barbara Corcoran consistently responds with the same answer whenever questioned about the optimal time to buy: "Right now." ๐Ÿšจ

Ready to get pre-approved? Let's chat today! ๐Ÿ’ฌ

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๐Ÿ“ž 647-880-6777
๐Ÿ“ฉ [email protected]
๐ŸŒ banyanmortgage.com

No surprise with the Bank of Canada hold today ๐Ÿคท, but predictions signal upcoming decreases starting in June. ๐Ÿ“‰Check out...
01/24/2024

No surprise with the Bank of Canada hold today ๐Ÿคท, but predictions signal upcoming decreases starting in June. ๐Ÿ“‰

Check out the graph I've created, outlining the potential impact of future rate decreases on variable-rate mortgages. ๐Ÿ”ฝ

๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐’๐ข๐ญ๐ฎ๐š๐ญ๐ข๐จ๐ง:
๐Ž๐ฏ๐ž๐ซ๐ง๐ข๐ ๐ก๐ญ ๐‘๐š๐ญ๐ž: 5.00%
๐๐ซ๐ข๐ฆ๐ž ๐‘๐š๐ญ๐ž: 7.20%
$๐Ÿ๐ŸŽ๐ŸŽ๐Š ๐š๐ญ ๐Ÿ•.๐Ÿ๐ŸŽ%: *$719.58

Now may be the perfect time to consider variable rate options and potentially benefit from upcoming decreases. ๐Ÿฆ ๐Ÿ”ป Feel free to reach out if you have any questions.

๐Ÿ“ž 647-880-6777
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*Based on a 25-year amortization

With the current rate at 5%, experts expect rate cuts soon. This post summarizes predictions by the Big 6 banks for 2024...
01/24/2024

With the current rate at 5%, experts expect rate cuts soon. This post summarizes predictions by the Big 6 banks for 2024 year-end. ๐Ÿ”ฎ

Although the Overnight Rate is different from the Prime Rate (currently 7.20%), they usually change together. Good news for borrowers: lower rates mean more borrowing power. ๐Ÿ“ˆ

Let's keep your mortgage application updated to maximize your borrowing potential throughout the year. ๐Ÿค

source: t.ly/ce76s

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๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com

Canadians awaited a Prime rate drop for 4 years.  ๐Ÿ“‰All 34 economists anticipate the Bank of Canada to hold its 5% rate o...
01/23/2024

Canadians awaited a Prime rate drop for 4 years. ๐Ÿ“‰

All 34 economists anticipate the Bank of Canada to hold its 5% rate on January 24th (a 22-year high). ๐Ÿฆ

Inflation surged in December. Hopes for a Q1 2024 decrease linger, but predictions have now extended to June. ๐Ÿ—“

Stay tuned for updates on January 24th! ๐Ÿšจ

๐Ÿ“ž 647-880-6777
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๐ŸŒ banyanmortgage.com



source: t.ly/DDyji

From Banks to Private Financing, your tailored mortgage journey awaits exploration. ๐Ÿ’ก Ready to discuss your options? Sch...
01/23/2024

From Banks to Private Financing, your tailored mortgage journey awaits exploration. ๐Ÿ’ก

Ready to discuss your options? Schedule a personalized session with me today! ๐Ÿ’ฌ

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๐Ÿ“ž 647-880-6777
๐Ÿ“ฉ [email protected]
๐ŸŒ banyanmortgage.com

01/22/2024

Alternative financing isn't just for those with bruised credit; it's a versatile tool for higher loan amounts, creative self-employed solutions, unique renewals, and short-term options. ๐Ÿค

I have access to all types of lenders; let's find the best option for your specific situation. ๐Ÿฆ

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๐Ÿ“ž 647-880-6777
๐Ÿ“ฉ [email protected]
๐ŸŒ banyanmortgage.com

Address

100 Consilium Place, Suite 200
Toronto, ON
M1H3E3

Opening Hours

Monday 10am - 9pm
Tuesday 10am - 9pm
Wednesday 10am - 9pm
Thursday 10am - 9pm
Friday 10am - 9pm
Saturday 10am - 5pm
Sunday 10am - 5pm

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