Downsizing? Moving to a new neighbourhood? Buying a rental?
No matter the change, I'm here to make a plan with you.
Is it time to purchase? Moving into a larger home to accommodate your growing family, downsizing to reduce maintenance, relocating for a new opportunity, buying a second home for your family, or renting are all great reasons for a new purchase. Having a plan in place will give you the confidence to move forward. Working with a Mortgage Broker can guide you in this process.
Knowing your options when purchasing a new home means reviewing your existing mortgage terms. We’ll discuss how keeping your existing home, renting it out, or selling it will affect your new purchase qualification. If the plan is to sell, I’ll help you break down this cost from early pre-payment penalties on your existing mortgage to the cost of listing with a realtor. I want you to know how much cash you’ll have in your jeans and available for the new purchase. If renting is the route you choose, we’ll establish what amount you’ll be able to rent your existing home for and how this will offset the cost of continuing ownership.