Paul Shreenan, REALTOR®  250.509.0920

602 Baker Street Nelson, BC. V1L 4J4

new videos: TUES & THUR

Special Tips for the Bank of Mom & Dad

If you’re thinking about co-signing on your kids mortgage to help them get into a market that’s hard for them to crack on their own there’s one critical and easy thing to know that will save them (or you) thousands of dollars down the road. Here are some additional resources about co-financing that are helpful…

Changes Coming to Uninsured Mortgages w/ Derek Diener

The OSFI has already imposed a 200 basis point stress test on purchasers that need to use mortgage insurance but now they’re going after uninsured borrowers in another attempt to use a One-Size-Fits-All tool for all 150+ Canadian Real Estate Markets. Derek Diener with Dominion Lending Centres-Bluetree Mortgages gives us a complete rundown: