https://www.facebook.com/107914583887415/

Your Mortgage Teacher

Home
Canada
Whistler, BC
Your Mortgage Teacher

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Your Mortgage Teacher, Mortgage brokers, Whistler, BC.

02/24/2021

Does getting into today’s 🔥 market feel overwhelming and unrealistic?

𝙔𝙤𝙪𝙧 𝙛𝙞𝙧𝙨𝙩 𝙝𝙤𝙢𝙚 𝙙𝙤𝙚𝙨𝙣’𝙩 𝙣𝙚𝙚𝙙 𝙩𝙤 𝙗𝙚 𝙮𝙤𝙪𝙧 “𝙛𝙤𝙧𝙚𝙫𝙚𝙧” 𝙝𝙤𝙢𝙚.

1️⃣ Get preapproved to determine what your budget is.
2️⃣ Set realistic expectations based on your preapproval.
3️⃣ Break into the market with a starter home and use it to build equity.
4️⃣ Use the equity built to purchase your forever home down the road.

Stop worrying about what you 𝙘𝙖𝙣’𝙩 afford, and focus on what you 𝘾𝘼𝙉 afford!

𝕄𝕠𝕣𝕥𝕘𝕒𝕘𝕖 𝕣𝕒𝕥𝕖𝕤 𝕒𝕣𝕖 𝕒𝕥 𝕒𝕟 𝕒𝕝𝕝 𝕥𝕚𝕞𝕖 𝕃𝕆𝕎, so there’s no better time to get preapproved!

💡𝗟𝗼𝘄 𝗺𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗿𝗮𝘁𝗲𝘀 = 𝗺𝗼𝗿𝗲 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗺𝗼𝗻𝘁𝗵𝗹𝘆 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗽𝗮𝘆𝗶𝗻𝗴 𝗱𝗼𝘄𝗻 𝘆𝗼𝘂𝗿 𝗽𝗿𝗶𝗻𝗰𝗶𝗽𝗮𝗹 = 𝗯𝘂𝗶𝗹𝗱 𝗲𝗾𝘂𝗶𝘁𝘆 𝗳𝗮𝘀𝘁𝗲𝗿 = 𝗼𝗻𝗲 𝘀𝘁𝗲𝗽 𝗰𝗹𝗼𝘀𝗲𝗿 𝘁𝗼 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘁𝗵𝗮𝘁 𝗵𝗼𝗺𝗲 𝘆𝗼𝘂’𝘃𝗲 𝗮𝗹𝘄𝗮𝘆𝘀 𝗱𝗿𝗲𝗮𝗺𝘁 𝗼𝗳!

Stop procrastinating and contact me to get preapproved today!

11/12/2020

Lest we forget ❤️

10/29/2020

This morning the Bank of Canada announced the overnight rate will remain at 0.25% (Yay, variable mortgage and LOC payments won’t change 🙌🏻).

Although this was expected, they also announced they have no plans to increase its benchmark rate until inflation rises to 2% and stays there, something they predict isn’t likely to happen until 2023! This could mean several more years of these low borrowing rates!

Questions?! Contact me!

07/24/2020

Looking for an income earning property in Whistler?! Or maybe you’re looking to build your dream home on a 7781 sq ft lot in one of the closest residential neighbourhoods in Whistler village? Keep reading!!
Nestled in one of the BEST locations, White Gold is a quiet neighbourhood that’s just a short walk from Whistler Village and steps to the Valley Trails with Lost Lake and all of Whistler's world class parks & amenities within walking distance.

This 7 bedroom, 5 bathroom chalet is one of Whistler’s original Bed & Breakfasts' and zoned for nightly rentals. Live in it or separate the income with a 3 bedroom, 3 bathroom suite or a 4 bedroom 2 bathroom home (each with its own separate entry). Cozy up to one of the 2 fireplaces, enjoy the mountain views and soak in hot tub off the back deck. The large 2 car garage has plenty of space for all of your toys.
🛌 7 Bedroom
🛀 5 Bathroom
🚗 2 Car Garage
💰 $2,599,000
DM me to arrange viewings! 💁🏼‍♀️

@ Whistler, Canada

05/18/2020

Smart investors know how to use leverage to increase their wealth and better manage their finances and the 30-year amortization mortgage product plays right into that. Equally beneficial is the flexibility it offers by preserving cash flow to manage other financial obligations, such as unexpected expenses or temporary loss of income that can arise throughout various times in life. Interest rate is important, but a lower rate doesn’t always mean it’s your best route. If you need help executing your financial strategies through SMART mortgage structuring, contact me!

04/01/2020

Moments of sanity before the insanity. @ Tunnel Bluffs

03/31/2020

Wondering what to do with your mortgage in today’s market? Use this cheat sheet! Still have questions? Contact me!

03/16/2020

The COVID-19 pandemic has interest rates at a record low right now. BELIEVE IT OR NOT, these all time low rates may actually disappear in the next few days.

If you’re thinking of purchasing, or renewing/refinancing your current mortgage, you need to ACT NOW! If you want to secure a RECORD LOW RATE and SAVE THOUSANDS of dollars, make sure to reach out (especially if your current rate is above 3%). Me and my team can help you out! Contact me!

03/03/2020

Think outside. No box required.

02/07/2020

Key word: 𝙌𝙐𝘼𝙇𝙄𝙁𝙔𝙄𝙉𝙂 rate, NOT your contract rate.

Yesterday morning TD cut its posted 5-year fixed 𝙦𝙪𝙖𝙡𝙞𝙛𝙮𝙞𝙣𝙜 rate to 4.99% from 5.34%, a 36 basis point cut! Last July other banks had lowered their 𝙦𝙪𝙖𝙡𝙞𝙛𝙮𝙞𝙣𝙜 rate from 5.34% to 5.19%, which drove the Bank of Canada to do the same. If a couple of the other big banks follow TD’s lead, the Bank of Canada’s benchmark rate will be below 5% for the first time since January 2018 (when the stress test was first introduced).

So, what does this mean to you? Less income to qualify = increases your buying power!!! 🙌🏻

Lowering the 𝙦𝙪𝙖𝙡𝙞𝙛𝙮𝙞𝙣𝙜 rate by 20 bps from 5.19% to 4.99%, requires roughly 𝟏.𝟖% 𝐥𝐞𝐬𝐬 𝐢𝐧𝐜𝐨𝐦𝐞 to qualify for a mortgage on the average Canadian home price (assuming a 20% downpayment), 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜 YOUR 𝙗𝙪𝙮𝙞𝙣𝙜 𝙥𝙤𝙬𝙚𝙧 𝙗𝙮 2%.

Questions?! Contact me!

https://mailchi.mp/dominionlending/e3es7zpv71-410543

02/01/2020

Excited to officially join this POWERHOUSE team. 👊🏻🙌🏻 Win Lui Group has consistently been ranked top 10 producing Mortgage Brokers in all of Canada, 8 years in a row. The volume of business we produce ensures us the best up front rates from all our lenders, to get you the best deal in a timely manner. Supported by the best in the biz, to deliver you top quality service.
Reach out if you’re looking to purchase a property, refinance a property, or renew your current mortgage! I’m here to help every step of the way!

01/27/2020

Your beacon score is ranked on a scale from 300-900. It is generated by the credit bureau to provide lenders and banks information on your creditworthiness. Very simply, the higher your score, the better your odds that a financial institution will give you what you want on favourable terms.

🖐🏻 𝔽𝕒𝕔𝕥𝕠𝕣𝕤 𝕥𝕙𝕒𝕥 𝕤𝕚𝕘𝕟𝕚𝕗𝕚𝕔𝕒𝕟𝕥𝕝𝕪 𝕒𝕗𝕗𝕖𝕔𝕥 𝕪𝕠𝕦𝕣 𝕓𝕖𝕒𝕔𝕠𝕟 𝕤𝕔𝕠𝕣𝕖?

☝🏻𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗛𝗶𝘀𝘁𝗼𝗿𝘆.
Late/missed payments single handedly have the greatest impact your beacon score. The good news is this is an easy one to fix! Make your payments within the allotted time period. If you can’t pay the full amount that you owe, make the minimum payment. If you are someone who is forgetful, set up automatic payments to guarantee you’re never late.
✌🏻𝗨𝘀𝗲 𝗼𝗳 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗰𝗿𝗲𝗱𝗶𝘁.
This also significantly influences your score and is easy to change. What percentage of the total credit available to you (credit cards, lines of credit and other loans), do you use? It is recommended that you keep this proportion of credit use below 35%. If you’re maxing out your loans, there’s various tips & tricks I can provide you with to get you below that threshold.
🤟🏻 𝗟𝗲𝗻𝗴𝘁𝗵 𝗼𝗳 𝗖𝗿𝗲𝗱𝗶𝘁 𝗛𝗶𝘀𝘁𝗼𝗿𝘆.
It’s simple. The longer you maintain an operating line of credit in good standing, the better your score. Consider keeping an older account open, even if you don’t need it. Use it from time to time to keep it active.
✌🏻✌🏻 𝗧𝘆𝗽𝗲𝘀 𝗼𝗳 𝗰𝗿𝗲𝗱𝗶𝘁.
It is preferable to have a mix of credit products (credit card, car loan, line of credit, etc.), as opposed to just one (credit card only). Different types of credit will
Improve your beacon score, but only if each account is in good standing.
✋🏻 𝗡𝘂𝗺𝗯𝗲𝗿 𝗼𝗳 𝗰𝗿𝗲𝗱𝗶𝘁 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀.
A string of applications may signal that you are urgently seeking funds or that you manage your assets poorly, lowering your score. It might be tempting to sign up for that department store credit card to receive a 15% discount on your in store purchase, but every time you apply for credit it is entered into your report. So, only apply for credit when you really need it.

Address

Whistler, BC

Website

facebook.com

Alerts

Be the first to know and let us send you an email when Your Mortgage Teacher posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Want your business to be the top-listed Finance Company in Whistler?