Nev Bauman Mortgages Blog

Reach out to me at NevBauman.com. If you have questions about reverse mortgages, I have answers and experience that can inform your decision.

Empowering Aging in Place with the CHIP Reverse Mortgage - Dominion Lending Centres As we age, maintaining independence and staying in the home we love can be a challenge, especially when faced with reduced mobility and the need for costly home modifications and personal care services. However, with the CHIP Reverse Mortgage by HomeEquity Bank, aging in place becomes more feasible....

If you don't want to touch your first mortgage but need cash now, a second mortgage might be right for you. I'd love to discuss your options with you. Download my app to use my Refinance Analyzer here or on my website's welcome page.

Second Mortgages: What You Need To Know - Our House Blog - Nev Bauman Mortgage Scout DLC One of the biggest benefits to purchasing your own home is the ability to build equity in your property. This equity can come in handy down the line for refinancing, renovations, or taking out additional loans – such as a second mortgage. What is a second mortgage? First things first, a second mor...

Are you 55+ or older? A reverse mortgage might be an option for you if you are looking for more cashflow or more options for your lifestyle.

Staying Put | HomeEquity Bank ’s to those who stay put. Retire in the home you love with CHIP Reverse Mortgage from HomeEquity Bank.

You guys are fun! Here's to 2023.

The team! ❤️
ca

Happy New Year to friends and family, colleagues and clients, and everyone at Mortgage Scout. All the best in 2023!

Merry Christmas and Happy Holidays from Barcelona! Visit my photo blog at https://adventurerfaith.wordpress.com/ and all the best in the new year!

Happy Thanksgiving! I am grateful for amazing experiences with family.

A beautiful celebration of Roma music at the Ashkenaz festival by Romada, a Canadian band based in Montreal, with many special guests. So inspiring and unbelievably energizing! https://m.youtube.com/watch?v=e9HHWRST-uI

Wishing you a great day! NevBauman.com


Thinking about mortgages? Download my app to see some options at https://www.dlcapp.ca/app/nev-bauman

Download my app to prequalify or to do side by side comparisons: https://www.dlcapp.ca/app/nev-bauman.

Could an Investment Property Be Your Pension? - Dominion Lending Centres An investment (or rental) property, can be a great option for generating additional monthly income and growing your wealth over time, if done properly. This strategy has multiple options and outcomes that can benefit Canadians such as: Supplementing income now and boosting pension in the future crea...

Use my Refinance Analyzer or Pre-Qualification Tool if you are considering including a new kitchen in your mortgage: https://www.dlcapp.ca/app/nev-bauman

Kitchen renovations: are they worth the added expense? - Dominion Lending Centres Before you consider how much value a renovated kitchen will add to the value of your home, it’s worth asking yourself why you’re renovating in the first place. Are you hoping to sell in the near future and want to boost the sale price? Or are you planning on making changes to the space to […]

While getting pre-qualified can give you a ballpark estimate on what you can afford, getting pre-approved is where the real magic happens. Mortgage pre-approval means that a lender has stated (in writing) that you do qualify for a mortgage and what amount, based on submitted documentation of your current income and credit history. A pre-approval usually specifies a term, interest rate and mortgage amount and is typically valid for a brief period of time, assuming various conditions are met....

https://nevbauman.wordpress.com/2022/07/08/3-advantages-of-a-pre-approval/

3 Advantages of a Pre-Approval While getting pre-qualified can give you a ballpark estimate on what you can afford, getting pre-approved is where the real magic happens. Mortgage pre-approval means that a lender has stated (in w…

Thank you for your mortgage questions and inquiries. Have a great summer!

What to know about the interest rate hikes, plus tips for building your own home and throwing the perfect summer social! Get the information on what YOU need to know about the latest Bank of Canada interest rate hikes. Plus, with summer in full swing so is construction season, and we have all the tips on building your own home. Lastly, tips on throwing a perfect summer social!

It's a great day to be outdoors with friends and family!

Abstract: The right real estate agent will help you through every step of buying or selling your home. Like any relationship, you want to ask questions, get to know your agent before agreeing to have them work with you. Let’s take a look at some of the things you should consider when looking for an agent. Where to begin when buying a home…...

https://nevbauman.wordpress.com/2022/06/20/the-benefits-of-using-a-real-estate-agent/

The Benefits of Using a Real Estate Agent Abstract: The right real estate agent will help you through every step of buying or selling your home. Like any relationship, you want to ask questions, get to know your agent before agreeing to ha…

In life, things rarely go as planned. This is especially true when it comes to real estate! When it comes to buying a new home, in a perfect world, most of us would like to take possession of their new residence before having to move out of the old one. This makes moving a lot easier and allows you time for painting or renovations prior to moving into your new digs. Unfortunately, this is where things get complicated. Most people need the money from the sale of their existing property to come up with the down payment for the new house. This is where bridge financing comes in. Essentially, bridge financing allows you to ‘bridge’ the financial gap between the firm sale of your current home and the firm commitment to purchasing your new home.

https://nevbauman.wordpress.com/2022/06/08/how-bridge-financing-works-our-house-blog/

How Bridge Financing Works – Our House Blog In life, things rarely go as planned. This is especially true when it comes to real estate! When it comes to buying a new home, in a perfect world, most of us would like to take possession of their…

Summer is just around the corner! Firstly, for those who are new to Canada I have included some details below on how to go about obtaining your first mortgage! With the housing market still hot in some areas, I have also included some great tips on how to sell your home in a seller’s market. Lastly, check out my summer backyard reno ideas to create your own oasis right there at home. Click to download my app: https://www.dlcapp.ca/app/nev-bauman

New to Canada? Plus, tips for selling your home in today's market and summer backyard reno ideas! With summer just around the corner, I have some great information to help you keep ahead of the market this year! Firstly, are you new to Canada? I have included some details below on how you can go about obtaining your first mortgage! With the housing market heating up, I have also included some gr...

Are you thinking about refinancing? Give me a call or download my app at NevBauman.com.

Abstract: There are four major components to any successful home buying A-Team: your mortgage professional, realtor, home inspector and lawyer. Each of these individuals is important to various aspects of the home buying process... While many people think a real estate agent is the most important person when it comes to buying a new home, your mortgage professional comes first. This is especially true for anyone looking to pre-qualify for a mortgage before searching for their forever home!...

https://nevbauman.wordpress.com/2022/05/26/your-home-buying-a-team/

Your Home Buying A-team Abstract: There are four major components to any successful home buying A-Team: your mortgage professional, realtor, home inspector and lawyer. Each of these individuals is important to various asp…

Are you wondering if you should refinance now? Have you been considering a refinance but perhaps you think that you've missed your chance due to recent rate increases? Interest rates have gone up for sure, but they may still be the lowest now that they will be for some time. And what about locking in? If you have a variable rate, how do you decide if now is the time to lock in to a fixed rate?...

https://nevbauman.wordpress.com/2022/05/23/is-this-the-best-time-to-refinance/

Is this the best time to refinance? Are you wondering if you should refinance now? Have you been considering a refinance but perhaps you think that you’ve missed your chance due to recent rate increases? Interest rates have gon…

I am so grateful to be a part of this inspiring team. Congratulations everyone on receiving Best Regional Brokerage, Ontario for 2022!

Watch this reel by mortgagescout.ca on Instagram mortgagescout.ca • Original Audio

Happy Mother's Day!

I have been interested in vacation homes in Ontario, Belize and other areas for many years which has inspired me to travel and discover what I want. How about you? What are you looking for in a vacation property?

Recently when we were travelling in Belize, we saw an unwelcome guest outside our back door. Luckily, crocodiles don't do stairs. Financing a vacation property does not need to have any surprises. Do you have any questions about financing your vacation home purchase?

Reverse mortgage, vacation properties and home security tips! It’s May and this month I have some great information for you around reverse mortgages (and what you need to know), as well as the low-down on vacation homes! Plus, check out my tips for improving your home security!

Another famous quote by Evan Esar: In a democracy, you believe it or not; in a dictatorship, you believe it or else. This Easter I'm grateful for our freedoms. Happy Easter to colleagues, friends and family!

Greetings from Belize! While I am writing to you from sunny Belize, I am ready as always to take your mortgage questions and inquiries. I am studying scuba diving, which like studying mortgages, combines living a dream with skills mastery. Explore a whole world of mortgages with me, and as your specialist, let me manage the technical side.

Time for a mortgage check-up! Also, all you need to know about purchase plus home improvements AND your gardening to-do list Hello April! This month I am highlighting the importance of your annual mortgage check-up to ensure you have the right terms, payment schedule and more all year long! Also, get all the details on purchase plus home improvements AND your gardening to-do list.

For me, an important part of imagining a better world is doing something about the things that I can change, from Spring cleaning to getting finances in order.

Thank you for reading my newsletter and have a great March!

Preparing for the Spring market, what you should know about refinancing and Spring cleaning tips! Welcome to the March issue of my monthly newsletter! Spring is just around the corner and we have all the details to help you get prepared for the coming housing market! Plus, what you need to know about refinancing AND my top Spring cleaning tips!

Do you have adequate protection in case you can't pay your mortgage? Do you need time to get the coverage you need? I can connect you with different insurance providers and options for long or short term, or you can use your own life insurance if it's adequate for the value of your home.

Thank you for checking out my newsletter. Have a great February!

Understanding insurance, what to look for during a home tour AND Family Day ideas! Welcome to the February issue of my monthly newsletter! Hello February! With Family Day just around the corner, this month’s newsletter includes some great ideas for things to do with your family. Plus, the importance of understanding insurance and some tips on what to look for during a home tour!

Happy New Year. Visit my website at NevBauman.com and have an excellent 2022!

Pantone of the Year 2022, housing market predictions and improving your financial direction Welcome to the January issue of my monthly newsletter! Happy New Year!! As we look at what is in store for us for 2022, I have a few fun things to share! From the Pantone of the Year to help you spruce up your home to housing market predictions and tips for improving your financial direction, let’...

Here is my December newsletter. If you would like to receive a copy in your inbox, please message me your email address. I would be happy to take your call for any mortgage question. Have a great week!

Mortgages for the Self-Employed, Selling Your Home in the Winter and DiY Holiday Gifting! Welcome to the December issue of my monthly newsletter! Hello December! As the year comes to a close, I wanted to touch on a few final topics. In this newsletter, you’ll find details around mortgages for the self-employed, tips for selling your home in the winter and also some do-it-yourself holid...

Download my app to check your options. Visit www.NevBauman.com to download or go to: https://www.dlcapp.ca/app/nev-bauman.

Climate change is a hot topic with COP26 last week and ongoing extreme weather situations. Which banks are actually increasing or decreasing their fossil fuel financing? Working with a mortgage specialist gives you independence from any one bank. You can choose which bank or lender you want to work with from among several with whom you could qualify for a mortgage....

https://nevbauman.wordpress.com/2021/11/17/banks-increasing-and-decreasing-their-fossil-fuel-financing/

…Banks …increasing and decreasing their fossil fuel financing Climate change is a hot topic with COP26 last week and ongoing extreme weather situations. Which banks are actually increasing or decreasing their fossil fuel financing? Working with a mortgage spe…

Dr. Cooper reports on the CREA's release of statistics showing an amazing 8.6% rise in existing home sales, which is the second highest ever October. She notes that "The basic story hasn’t changed, even with the rise in fixed mortgage rates: Housing demand remains well more than supply" (Cooper 2021). Cooper goes on to discuss several factors maintaining demand and price growth....

https://nevbauman.wordpress.com/2021/11/16/canadian-home-sales-surge-in-october-by-dr-sherry-cooper/

Canadian Home Sales Surge in October by Dr. Sherry Cooper Dr. Cooper reports on the CREA’s release of statistics showing an amazing 8.6% rise in existing home sales, which is the second highest ever October. She notes that “The basic story has…

Our First Responder Program has been extended to December 31st. If you or someone you know is a First Responder please visit my website at NevBauman.com and call to learn more about this program. .

Here is my November newsletter. If you would like to receive a copy in your inbox, please message me your email address. If you or a friend have any questions about mortgages, I would be happy to take your call. Have a great week!

7 steps for mortgage prep, what to know if you’re up for mortgage renewal, and tips for maximizing your holiday budget! Welcome to the November issue of my monthly newsletter! Hello November! It’s hard to believe the year is almost over. To help you make the most of these next few months, I have some great tips for you around the 7 steps for mortgage prep, what to know if you’re up for mortgage renewal and tips f...

Happy Thanksgiving to you my friends, family, and colleagues. Feel free to reach out to me with all of your mortgage questions at [email protected] or visit my website at NevBauman.com.

Do you understand the impact of your credit score on your access to financing? I'd be happy to talk to you about any of your mortgage questions. You can contact me at [email protected] or visit my website at NevBauman.com

Low credit spooky! Learn the “five C’s” for a better score. Plus, why invest in a home renovation and Fall home tips! Welcome to the October issue of my monthly newsletter! I have some great tips for you this month now that Fall is in full swing! As we move into October, this is a great month to touch on credit scores and all the tips to make it less spooky! Plus, why invest in a home renovation as well as seasonal...

If you need to refinance for renovations or any other reason before the end of your term, make sure that you have the flexibility that you require. Email me at [email protected] or visit my website at NevBauman.com.

,

Check out my free mortgage app. You can use it to stress test your mortgage, calculate the maximum loan you can borrow, and much more. Visit my website at NevBauman.com or click here to download: https://www.dlcapp.ca/app/nev-bauman