Lakhy Sidhu

Waheguru Waheguru

Switch your mortgage to TD and feel the difference. Get up to $2500 when you switch to a TD Mortgage. Conditions apply. Offer ends Oct 30, 2020.

Home ownership has benefits, like getting up to $2500 with a TD Mortgage. Learn what offers you could be eligible for now. Contact me for more details. Conditions apply. Ends Aug 31, 2020. https://go.td.com/2TsofbU Lakhy Sidhu @ 604 726 9291

Less than 20% saved for a down payment? We have a mortgage for you. Take advantage of this special high-ratio mortgage today. Other conditions apply. Contact me for more information at 604 726 9291

Thank you to TD for allowing me to be a part of history and witnessing the great Elton John live in concert! It was a night I will always remember! #FarewellYellowBrickRoadTour #EltonJohn #TD

With my both handsome brothers!

New government incentive, to help in down payment for first time home buyers is started now. Call me get more details if you qualify for this or not! 604 726 9291

TD bank has lowered its 5 year fixed closed mortgage term rate up to 2.79% some conditions apply. Contact me to discuss in detail at 604 726 9291

Your residential mortgage expert!

For more information, call me @ 604 726-9291

CMHC First Time Home Buyers Incentive: The incentive would be 10 per cent for buyers purchasing a newly built home and 5 per cent for existing homes. Only households with an annual income under $120,000 would be able to participate in the program. Home owners would eventually have to repay the incentive, possibly at re-sale, though it’s unclear yet how that would work... Also, mortgage applicants still have to qualify under the federal stress test. However, the incentive would essentially lower the bar for test takers, as applicants would have to qualify for a lower mortgage. On the other hand, the amount of the insured mortgage plus the CMHC incentive would be capped at four times the home buyers’ annual incomes, or up to $480,000. This means the most expensive homes Canadians would be able to buy this way would be worth around $500,000 ($480,000 max in insured mortgage and incentive, plus the down payment amount). The government is hoping to have the program up and running by September 2019. Now, under the home buyer plan, first time home buyers can also withdraw $35,000 each from their RRSP accounts instead of $25,000. This new limit applies to withdrawals made after March 19, 2019. Article: https://globalnews.ca//budget-2019-canada-housing-aff/amp/

Bank of Canada rate stays same. Hope the stress test goes away soon!

https://ca.finance.yahoo.com//bank-canada-stands-pat-bench