Jason Nesseth Mortgage Broker
#105-1385 West 8th Avenue V6H 3V9 Vancouver, BC, Canada

September was one of the busiest months on record! It was my pleasure assisting all of you who secured new homes or made a change to your existing mortgage while taking advantage of this low interest rate environment. Congratulations to all of my clients and to my colleagues at the one and only TMG The Mortgage Group Canada Inc. who also racked up some immense volumes throughout September. ... Who needs sleep anyways If you have questions with your current mortgage or are in search of that perfect property; please do not hesitate to contact me! jasonnesseth.com

Outstanding Town Hall Meeting on Zoom today with the one and only Mark Kerzner - President of TMG. Special guests included TMG Co-founders Debbie and Grant Thomas. So humble, smart, innovative and true leaders in the industry. Our Zoom meetings are basically like having Thanksgiving dinner with the family

Breaking News: The Bank of Canada drops the Overnight Lending Rate to 0.25%. https://mobile.reuters.com/article/amp/ca/idUSKBN21E247

HOT OFF THE PRESS Attention SCOTIABANK Clients ONLY: Further to the announcement to provide mortgage relief to customers impacted by COVID-19, a new policy and process has been developed.... Customers may now defer mortgage payments associated with up to four properties, including primary and rental/secondary homes. Deferral request can be made through the COVID-19 page on Scotiabank.com or by calling 1-800-4SCOTIA (1-800-472-6842) A mortgage payment deferral means that customers are not required to make regular payments (principal, interest and property tax, if applicable) on their mortgage for up to six months. During the time mortgage payments are deferred, it is important for customers to understand that interest will continue to accrue and will be added to the mortgage account balance at the end of the deferral period. This means their payments will be slightly higher after the deferral period ends. Customers will pay more in interest over the life of their mortgage, but a deferral will also help impacted customers with their short-term cash flow. It’s important to make our customers aware that they can contact us if they want to cancel their mortgage payment deferral and restart their payments before the end of the deferral period, with a minimum of two weeks’ notice. For customers electing for deferred payments, the Bank will send a mortgage payment confirmation letter with new payment and cost of borrowing information at the end of their deferral period.

Good morning everyone, As we know, information overload is a real thing! As we all take one day at a time, I have put together an information package outlining details regarding mortgage deferrals and some of the Government of Canada interventions that may apply to you. This situation is fluid and can change on a daily basis. Should you wish for me to send you a copy, please send me a text message, email or FB message.... Be safe out there, please continue to self-isolate and social distance. My thoughts and prayers are with you during this unprecedented time.

Hi everyone, I hope you are all being safe out there at the moment and my thoughts and prayers go out to all of you. For those of you that missed my industry update on my instagram stories (@vancitymortgage); here is an excellent video that outlines how some of the banks and insurers are able to assist you should you come into any hardship with making your mortgage payments due to the COVID-19 pandemic.... It's imperative to reach out to your lender directly to discuss options as they are determining assistance on a case by case basis. As customer service agents are inundated with requests, please be patient and kind :) This is a fluid situation as everything unfolds; please do not hesitate to contact me and try to reach out to your lender prior to missing any payments. Thinking of you and your families during this unprecedented time. https://www.cp24.com/video

Unprecedented historic day - Be safe out there everybody I will send an update should banks follow suit with a change to their Prime Lending Rate as this will affect variable mortgage rate clients and those with lines of credits. https://business.financialpost.com//as-morneau-runs-the-ri

Breaking News: The Bank of Canada lowers the overnight target rate by 50 basis points to 1 1/4%. https://www.bankofcanada.ca//03/fad-press-release-2020-03/

If you sit around and wait long enough, things can change! The property that may be slightly out of your reach right now may be achievable in a couple of months!

BREAKING NEWS: Minister Morneau announces new benchmark rate for qualifying insured mortgages https://www.canada.ca//minister-morneau-announces-new-benc

Potential changes to the stress test...I am listening intently. https://www.theglobeandmail.com//article-morneau-mandate-/

July was BUSY!!! My clients are the real winners here! Congratulations on your new homes A shoutout to my referral partners, colleagues who diligently work behind the scenes on my behalf, lender partnerships ... especially the personal service you provide us and to my Grade 3 teacher for my astonishing penmanship ... Enjoy the weekend and of course if you have questions regarding the world of mortgages please do not hesitate to contact me! Your bank may be closed on the weekends but I am not JasonNesseth.com

Our good friends over at Spagnuolo & Company have put together a short video explaining Title Insurance. When you purchase a property you can expect a title insurance cost added into the overall closing costs - title insurance is typically in the range of $200.00 but when the property is over $1m that cost increases. Take a peak at Tony's video.... If you didn't know...now you know :) https://www.youtube.com/watch

May was a busy month! Congratulations to all of my clients who completed on their new homes and for those who accessed equity out of their existing properties! Thank you for the recognition TMG The Mortgage Group Canada ... JasonNesseth.com