Mataya Reid

If you are feeling overwhelmed by debt it might make sense for you to refinance your mortgage. Accessing equity in your home to pay off high interest debt is a smart financial move. Not only does it reduce interest payments, it can potentially free up more cash each month.

Your credit score determines what loans you qualify for and the interest rate you will pay. Here are 4 tips to help you increase your credit score. 1. Pay all your bills on time. 2. Avoid maxing out your credit. Balances above 50% of your credit limit will harm your credit. Aim for balances under 30%. 3. Have a variety of credit accounts. Having a mix of credit products (credit card, retails store card, line of credit, car loan etc.) will produce more points on your file than... having only one type of credit. 4. Use your credit! The biggest tip to a good score is to use credit and repay that credit on time all the time. See more

Refinancing your mortgage or obtaining a HELOC (home equity line of credit) is a great way to fund a home renovation. You get access to the cash you need at a lower borrowing cost. Reach out today to see the options available to you.

The Government of Canada cannot directly effect housing under our Constitution. However indirectly they can. As a new tax was proposed on homes over 1 Million this is becoming a human rights issue. Homelessness is a reality. Baby boomers are now seniors and being asked again to pay the bill. No matter where you stand on this issue you are effected. This is not just a Vancouver/GTA issue. It’s global. Attached is a detailed report of case law domestic and international that ef...fect the direction this will take. Know your argument. https://lop.parl.ca//de/en_CA/ResearchPublications/201916E#

We know that borrowing money is harder for self-employed Canadians which is one of the reasons why working with a Mortgage Broker is so important. Brokers have access to lenders who specialize in self-employed mortgages and understand the challenges that business owners face. If you are self-employed and looking to buy, renew or refinance, send me a message!

Most high school graduates are determining career choices, further education and rent is expected. The first year is a time of discovery. It is also where young adults have the most questions while they build healthy habits and money management. Why not give them the information at the right time. These habits will benefit and determine the rest of their lives. For further info don’t hesitate to contact me www.mortgagealliance.com/MatayaReid

Hello friends I have been receiving lots of questions about buying mobile home, hobby farms, off grid properties. Each one presents a lifestyle. However it is good to know the rules around each lifestyle and how it effects your equity. In some cases a mortgage cannot be attained unless certain criteria are in place. The property may actually go down in value if not planned properly. To have your cake and eat it too requires planning. ... Contact me anytime for details 902 483 9008 604 354 7008 See more

A new reason to check your assessment. https://vancouversun.com//b-c-assessment-authority-updates

If your mortgage is coming up for renewal in 2022 send me a message or give me a call. It is your opportunity to renegotiate your mortgage and possibly save thousands. Automatically renewing your mortgage with your current lender could mean you don’t get the best mortgage rate and terms you may qualify for.

If your credit has been effected by Covid 19 please read this article to protect your credit. Would be my pleasure to answer any of your questions or concerns. https://www.consumer.equifax.ca//consumer-statement-credi/

A mortgage pre-approval lets you know how much mortgage you can carry based on your qualifications. Being pre-approved for a mortgage saves you time and increases your negotiating power when you find the home you love. If you are thinking of buying, send me a message for a pre-approval. It’s quick, easy and free.

Using a mortgage broker gives you access to lending options you can’t get on your own. We deal with many lenders, from major banks to private lending options. This gives you more choices with one simple call. Reach out today to schedule a free consultation.

When the population does not fit the boxes given to sustain economic options. Would love to hear your thoughts. https://www.bnnbloomberg.ca/liberals-to-detail-new-bank-of-