Sarah Colucci, Residential Mortgage Expert
411 Queen Street L3Y 2G9 Newmarket, ON, Canada

A mortgage pre-approval is a much more comprehensive process that can move you closer to your goal. If you complete a pre-approval, we will review your credit, your complete financial information such as self-employed, hourly or salaried income. We will look at the complete application to ensure we are providing you with an accurate mortgage amount you can qualify for. In addition, we will ensure we guarantee you a low-interest rate for up to 120 days. Sarah A. Colucci, Sr. M...ortgage Agent Mortgage Edge, Broker 10680 Direct: (647) 773-4849 Email: [email protected] Website: www.coluccimortgages.com #mortgage #mortgage #mortgages #loan #realtor #refinance #interestrates #homebuyers #homeownership #loans

One of the best reasons to refinance is to lower the interest rate on your existing loan. Many lenders say 1% savings is enough of an incentive to refinance. Do you have a mortgage question? Please feel free to contact me directly at 6477734849. Sarah A. Colucci, Sr. Mortgage Agent ... Mortgage Edge, Broker 10680 #refinance #mortgagebroker #yorkregionrealestate

Since it was launched in 2019, the FTHBI has struggled to gain traction among first-time buyers. As of Sept. 30, 2020, the Canada Mortgage and Housing Corporation (CMHC), which administers the program, said it has received just 9,520 applications worth about $173 million in shared equity mortgages. When the program was first announced, the government earmarked $1.25 billion over three years with the goal of assisting 100,000 homebuyers to purchase homes.

The benefits of investing in real estate are numerous. With well-chosen assets, investors can enjoy predictable cash flow, excellent returns, tax advantages, and diversificationand it's possible to leverage real estate to build wealth.

Let me help you mortgage. Sarah A. Colucci, Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849... www.coluccimortgages.com #mortgage #realtor #homebuyers #refinance #mortgages #interestrates #homeownership #loans #loan #homeownership #loans

Not all mortgage lenders accept the Canada Child Benefit. This is important because accepting the CCB can be the difference between qualifying for a mortgage and being declined or getting qualified for a more desirable amount. If you're looking to get a pre-approval, book an appointment today. Follow the link on facebook for a free, over-the-phone consultation. Sarah A. Colucci... Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 Email: [email protected] Website: www.coluccimortgages.com #yorkregionrealestate #mortgagebroker #mortgagebrokeryorkregion #torontomortgages #newmarketmortgagebroker #childcarebenefit

With Pfizer's vaccine just around the corner, mortgage lenders will feel comfortable raising interest rates. If you're considering a new mortgage or refinancing, it may be wise to consider the five-year fixed rate. We may never see these record low-interest rates again! #mortgage #interestrates #mortgages #mortgage #interestrates #mortgages #refinance https://www.coluccimortgages.com//are-mortgage-interest-ra

All the hard work seems worth it when you receive a message from your client thanking you for your work. I received a text this morning that read, "You have no idea how much this new mortgage has changed my life." Thank you for allowing me to help you! #mortgages #mortgage #refinance #interestrates #homeownership #realestate #homebuyers #loans #realtor #homebuying

Cash-Back Mortgages Can Be Helpful such as in my recent experience with clients who needed to pay down a debt in order to qualify. There are also disadvantages such as higher interest rates and repayment if breaking the mortgage early. Watch the video to learn more.... For more information, please feel free to call or write. Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 www.coluccimortgages.com [email protected] #torontomortgagebroker #mortgagebrokernewmarket #topmortgagebroker #cashbackmortgages #firsttimehomebuyers

Borrowers in Canada often get confused about mortgage lenders and how each type of lender may suit their unique financial or credit situation. For example, someone who has bruised credit may assume their only alternative to a conventional mortgage loan is with a private or "C" lender. This false understanding may stop them from pursuing the right mortgage financing for their situation, which can amount to unnecessary costs or discourage them from purchasing real estate altoge...ther. It helps to know what each type of lender in Canada provides and to whom. It also helps to know that even if a borrower ends up with an alternative (B or C) lender, it does not have to be permanent. One benefit of working with a mortgage broker is the experience I bring to the table. By truly appreciating your unique situation, we can map out a plan that works for you. Here's an information slide I put together for your information. To learn more, please call or write. Consultations are always free. Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 Email: [email protected] Website: www.coluccimortgages.com #mortgage #mortgages #refinance #realestate #interestrates #loans #mortgage #mortgages #refinance

Separating and divorce can be stressful. If both parties own property together, this can further complicate the outcome. Luckily, the Spousal Buyout Program can ease the stress associated with dividing the family home. With this program, one party can successfully purchase the other party’s share of ownership and combine it in a new first mortgage. Both parties save on real estate commission which would be payable if the property was sold to a third party and land transfer... tax which would have to be paid to the Government if purchasing new property. Additionally, although a spousal buyout is essentially similar to a refinance, lenders can offer up to 95% of the property’s value in mortgage financing to help one party successfully buy the other party out. If you’d like to learn more or find out whether you would qualify under this program, please call or write. Consultations are always free. Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 Email: [email protected] Website: www.coluccimortgages.com #MortgageBroker #torontomortgages #yorkregionrealestate #yorkregionmortgages #mortgage #realestateagent #divorce #spousalbuyout #newmarketrealestate See more

Do you know the difference between a refinance and transfer/switch? In this video, I explain the key differences between the two financing programs. I also touch on a way a person can avoid paying a pre-payment penalty through a special product feature called a "blend and extend." If you have questions, please feel free to call or write.... Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 Email: [email protected]

Are you in need of a major debt consolidation? Refinancing can help you achieve two very important milestones paying less interest and lowering your monthly payment. Contact me today to learn how you can save money! Sarah A. Colucci... Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 https://www.coluccimortgages.com//why-you-should-consider-

Locking in your pre-approval. Get an interest rate held for four months while you shop. Get prepared for the home buying process ahead of time. No surprises. Contact me today 647-773-4849 I am on What’s App.

If your mortgage deferral is coming to an end, please don’t hesitate to reach out to me if you need help with consolidating, a mortgage renewal or have any other questions about managing your finances. Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge Broker 10680... Direct: 647-773-4849 I am on WhatsApp. https://apple.news/AxO--D-5CSoSxcl7ruZzRXQ

Another reason sales are still going strong is because of interest rates - they are at an all-time low. https://www.canadianmortgagetrends.com//canadian-real-est/

To get a conventional or high-risk (high-ratio) loan in Canada, you would need to have the income to support your mortgage payment. Lenders use a guideline that looks at your income in relation to your liabilities, which we call Gross Debt Servicing (GDS) and Total Debt Servicing (TDS). Prime lenders use a maximum GDS of between 3439% and a maximum TDS of between 42 -44%. Some lenders will make exceptions depending on the application and strength of applicants. In the altern...ative mortgage world, the TDS and GDS can be higher, which means you do not need to earn as much income to qualify for a mortgage. Alternative lenders can also use alternative documents to verify income besides tax returns, such as bank statements and stated income declarations. To get a mortgage without a job or profession that generates income, one would require a private lender or an equity lender. These lenders are usually corporations and individuals who can look at equity or down payment rather than income. Keep in mind with these lenders, the interest rates and fees are substantially higher and have more punitive exit terms like higher penalties. Speak to a mortgage broker today who can place you with the right lender for your situation or provide more clarity regarding your question. If you have specific mortgage questions, feel free to call or write. Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Broker 10680 Direct: (647) 773-4849

Quora Answers: With interest rates the lowest they've ever been, debt consolidation is an excellent idea. For more information, call 647-773-4849 ... Sarah A. Colucci Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 www.coluccimortgages.com

There are many options for borrowers with bruised credit. Speak to a mortgage broker today. https://www.coluccimortgages.com//how-can-a-person-with-ba

You always need a pre-approval when shopping for a home. Not only are you better prepared financially, but your offer can be that much stronger. Apply today online. Sarah A. Colucci... Mortgage Agent Lic. M14000929 Mortgage Edge, Broker 10680 Direct: (647) 773-4849 https://www.coluccimortgages.com//the-edge-on-mortgage-pre

When mortgage brokers charge a fee. https://www.coluccimortgages.com//how-do-mortgage-brokers-