MANNY Sharma - Triple M Mortgages

What are the eligibility criteria for a First-Time Home Buyers’ Incentive?
Like any other government policy, you need to meet some requirements to be eligible for this type of incentive as well. Have a look at the criteria below to have a better idea of where you stand:

buyer
You will have to be a permanent or a non-permanent resident of Canada who can legally work in the country
You must pay the minimum downpayment for any property, that is 5% of the total cost, and you cannot use unsecured loans as a downpayment.
Your annual income should be $120,000 or less (this clause is subjected to the minimum requirement set out by the lender.
The borrowing limit will be equal to four times your income
The mortgage should be eligible for mortgage insurance through CMHC
The property should be located in Canada and it should be suitable for a year-around living
If the property is being purchased by a couple at least one person should be a first time home buyer
Manny Sharma
416-564-6062
Mortgage Underwriter
Triple M Mortgages Inc.

HELOC and Home equity loan: they are not the same
This is a very common misconception but how equity loan and home equity line of credit are not the same. When to come loans, you will be getting a lump sum amount of money at one time, but with HELOC, you are getting access to a credit line which you can use at any time, it’s not a one-time transaction. Also, the loan comes with a fixed-rate and there’s a term by which you would have to repay it, but with HELOC the interest rates are variable (they can increase over time) and you can pay a minimum amount and then use the funds again.
call Manny Sharma
416-564-6062
mamtatriplemmortgages.ca

Wishing all a very happy Easter and hoping all stay safe and healthy!

Save on your expenses with Mortgage Refinance
If you’re tired of paying off bad loans and hefty credit card bills with high-interest rates, then we have a solution for you. Mortgage refinance- it is the perfect policy to consolidate all your bad debts and dues as well as your primary mortgage in a single account and re-pay them by spending a small amount every month. If you want to find out more about this policy or want to apply, get in touch with our team at Triple M Mortgages. We offer our services to clients in Mississauga and the surrounding areas. Schedule an appointment today. We look forward to hearing from you.

Even if it’s not time for renewal, a mortgage agent can help you out.
For more information:
🌏Visit: https://bit.ly/37D7iU7
Manny sharma
☎️Call: +1 416-564-6062
📧Email:[email protected]

A Self-Employed Mortgage May Be the Best Choice for you
If you’re wondering why, let us tell you. If you are working for a company and for some reason if you lose your job, you might not have any income for some time. That would negatively affect your credit score and in the future, even if you plan to apply for a loan or a mortgage, you may not be eligible for it.

However, if you are self-employed, and if your business has taken-off, then you may have a steady flow of income (big or small) and then you will have proof that you can pay off any loan or mortgage that you take.

Also, With a self-employed stated income mortgage, you can continue saving on your taxes while still being able to qualify for competitive fixed mortgage rates and variable mortgage rates and higher mortgage amounts. You will also be eligible for low-interest rates, and the approvals are quick and easy. Do we need to say more? Apply for a self-employed mortgage today.
Manny Sharma call 416-564-6062

Throughout the life of your mortgage, you’ll renew several times and may even consider refinancing to help finance a big project. As a mortgage center, we’re here for all of it for you.
For more information:
Visit: https://bit.ly/3bEqQsx
Manny Sharma
Mortgage Underwriter
Call: +1 416-564-6062
Email: [email protected]

We can help make sure you have the mortgage to make the purchase.
For more information:
🌏Visit: http://bit.ly/38PDBQk
Manny Sharma
Mortgage Underwriter
☎️Call: +1 416-564-6062
📧Email: [email protected]

MANNY Sharma - Triple M Mortgages updated their phone number.

Do not find yourself struggling for financial income, especially during these conceptually difficult times of the pandemic. A home equity loan can help you use the cash where you need it. Call us today to discuss if you qualify for a home equity loan!
For more information:
🌏Visit: http://bit.ly/3bD1goW
☎️Call: +1 416-564-6062
📧Email: [email protected]

contact me for your quick approval and fast processing
Manny Sharma
Mortgage Agent
416-564-6062
License # 13333
[email protected]

MANNY Sharma - Triple M Mortgages updated their address.

Call your Neighborhood Mortgage Agent for your all financial needs 👍
416-564-6062